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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net Income $ 188,693 $ 157,593
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 196,525 126,757
Asset impairment 21,545 0
Accretion expense 3,674 3,338
Deferred income taxes 55,060 75,409
Bad debt expense 13 2,673
Exploratory expense 1,360 216
Change in derivative fair value (80,221) (314)
Gain on sale of assets (167) (5,926)
Other, net 11,543 8,543
Net change in:    
Accounts receivable 62,635 43,066
Inventories (1,416) (6,061)
Accounts payable (26,782) (20,434)
Amounts due customers including gas supply pass-through (46,066) 8,513
Income tax receivable 4,401 39,225
Pension and other postretirement benefit contributions (4,116) (4,061)
Other current assets and liabilities 39,186 12,589
Net cash provided by operating activities 425,867 441,126
Investing Activities    
Additions to property, plant and equipment (574,360) (378,640)
Acquisitions, net of cash acquired (76,894) (60,937)
Proceeds from sale of assets 2,117 7,306
Other, net (504) (413)
Net cash used in investing activities (649,641) (432,684)
Financing Activities    
Payment of dividends on common stock (20,193) (19,458)
Issuance of common stock 633 6,202
Payment of long-term debt (123) (293)
Other   0
Net change in short-term debt 295,000 (3,000)
Tax benefit on stock compensation 260 880
Other (38) 0
Net cash provided by (used in) financing activities 275,539 (15,669)
Net change in cash and cash equivalents 51,765 (7,227)
Cash and cash equivalents at beginning of period 9,541 22,659
Cash and Cash Equivalents at End of Period 61,306 15,432
Alabama Gas Corporation
   
Operating Activities    
Net Income 47,244 44,437
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 20,979 19,626
Deferred income taxes 6,167 12,962
Bad debt expense 8 2,660
Other, net 432 1,620
Net change in:    
Accounts receivable 30,036 31,975
Inventories 7,474 1,919
Accounts payable (24,516) (17,284)
Amounts due customers including gas supply pass-through (46,066) 8,513
Income tax receivable 7,858 8,238
Pension and other postretirement benefit contributions (1,363) (1,406)
Other current assets and liabilities 9,008 4,491
Net cash provided by operating activities 57,261 117,751
Investing Activities    
Additions to property, plant and equipment (32,786) (34,386)
Other, net 2,596 (1,545)
Net cash used in investing activities (30,190) (35,931)
Financing Activities    
Payment of dividends on common stock (18,104) (14,698)
Payment of long-term debt (123) (293)
Other (38)  
Net increases in advances from affiliates 14,304 0
Net change in short-term debt (15,000) (70,000)
Net cash provided by (used in) financing activities (18,961) (84,991)
Net change in cash and cash equivalents 8,110 (3,171)
Cash and cash equivalents at beginning of period 7,817 16,910
Cash and Cash Equivalents at End of Period $ 15,927 $ 13,739