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Consolidated Condensed Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities    
Net Income $ 56,692 $ 57,406
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 115,295 94,534
Asset impairment 0 21,545
Accretion expense 1,997 1,813
Deferred income taxes 29,028 23,182
Bad debt expense (recovery) 218 (258)
Exploratory expense 541 1,076
Change in derivative fair value 37,977 47,221
(Gain) loss on sale of assets (656) 47
Other, net 11,078 4,261
Net change in:    
Accounts receivable (35,312) 20,063
Inventories 26,338 1,473
Accounts payable 9,670 7,327
Amounts due customers, including gas supply pass-through 10,254 (31,926)
Income tax receivable 4,781 5,852
Pension and other postretirement benefit contributions (10,334) (3,176)
Other current assets and liabilities 3,886 (19,460)
Net cash provided by operating activities 261,453 230,980
Investing Activities    
Additions to property, plant and equipment (297,301) (276,791)
Acquisitions, net of cash acquired (13,146) (68,176)
Proceeds from sale of assets 1,370 13,766
Other, net (362) (375)
Net cash used in investing activities (309,439) (331,576)
Financing Activities    
Payment of dividends on common stock (10,473) (10,095)
Issuance of common stock 0 604
Payment of long-term debt (10) (25)
Net change in short-term debt 69,000 150,000
Tax benefit on stock compensation 68 227
Other 0 (38)
Net cash provided by financing activities 58,585 140,673
Net change in cash and cash equivalents 10,599 40,077
Cash and cash equivalents at beginning of period 9,704 9,541
Cash and Cash Equivalents at End of Period 20,303 49,618
Alabama Gas Corporation
   
Operating Activities    
Net Income 47,222 46,918
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 10,729 10,446
Deferred income taxes 3,020 3,198
Bad debt expense (recovery) 217 (258)
Other, net 3,685 (2,564)
Net change in:    
Accounts receivable (23,409) 14,706
Inventories 23,317 5,985
Accounts payable (11,306) (20,364)
Amounts due customers, including gas supply pass-through 10,254 (31,926)
Income tax receivable 2,762 8,374
Pension and other postretirement benefit contributions (5,365) (681)
Other current assets and liabilities 24,183 11,425
Net cash provided by operating activities 85,309 45,259
Investing Activities    
Additions to property, plant and equipment (19,046) (14,245)
Other, net 886 (767)
Net cash used in investing activities (18,160) (15,012)
Financing Activities    
Payment of dividends on common stock (8,438) (8,027)
Payment of long-term debt (10) (25)
Net change in short-term debt (47,000) 10,000
Other 0 (38)
Net cash provided by financing activities (55,448) 1,910
Net change in cash and cash equivalents 11,701 32,157
Cash and cash equivalents at beginning of period 5,559 7,817
Cash and Cash Equivalents at End of Period $ 17,260 $ 39,974