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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current Assets    
Cash and cash equivalents $ 5,555 $ 9,704
Accounts receivable    
Allowance for doubtful accounts (5,694) (6,549)
Accounts receivable, net of allowance for doubtful accounts of $5,694 and $6,549 at December 31, 2013 and 2012, respectively 257,545 277,900
Inventories    
Storage gas inventory 32,095 32,205
Materials and supplies 16,601 28,291
Liquified natural gas in storage 3,634 3,498
Regulatory assets 2,756 45,515
Income tax receivable 5,765 6,664
Assets held for sale 51,104 0
Deferred income taxes 41,299 8,520
Prepayments and other 10,877 12,823
Total current assets 427,231 425,120
Property, Plant and Equipment    
Oil and gas properties, successful efforts method 6,864,375 6,439,127
Less accumulated depreciation, depletion and amortization 1,776,802 1,765,241
Oil and gas properties, net 5,087,573 4,673,886
Utility plant 1,491,433 1,416,590
Less accumulated depreciation 605,924 573,947
Utility plant, net 885,509 842,643
Other property, net 30,556 25,107
Total property, plant and equipment, net 6,003,638 5,541,636
Other Assets    
Regulatory assets 84,890 110,566
Other postretirement assets 35,351 1,404
Long-term derivative instruments 5,439 40,577
Deferred charges and other 65,663 56,587
Total other assets 191,343 209,134
TOTAL ASSETS 6,622,212 6,175,890
Current Liabilities    
Long-term debt due within one year 60,000 50,000
Notes payable to banks 539,000 643,000
Accounts payable 250,756 257,579
Accrued taxes 36,228 30,076
Customer deposits 21,692 24,705
Amounts due customers 16,990 19,718
Accrued wages and benefits 33,884 24,984
Regulatory liabilities 49,006 45,116
Royalty payable 51,519 34,426
Liabilities related to assets held for sale 18,545 0
Other 32,273 30,178
Total current liabilities 1,109,893 1,159,782
Long-term debt 1,343,464 1,103,528
Deferred Credits and Other Liabilities    
Asset retirement obligation 108,533 118,023
Pension liabilities 67,675 110,282
Regulatory liabilities 94,125 80,404
Deferred income taxes 1,013,245 905,601
Long-term derivative instruments 398 11,305
Other 26,860 10,275
Total deferred credits and other liabilities 1,310,836 1,235,890
Commitments and Contingencies      
Shareholders' Equity    
Preferred stock, cumulative, $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 756 751
Premium on capital stock 520,909 492,108
Capital surplus 2,802 2,802
Retained earnings 2,476,616 2,314,055
Accumulated other comprehensive income (loss), net of tax    
Unrealized gain on hedges, net 13,362 46,352
Pension and postretirement plans (32,245) (52,507)
Interest rate swap (1,184) (2,156)
Deferred compensation plan 3,259 2,774
Treasury stock, at cost: 2,967,999 shares and 2,998,620 shares at December 31, 2013 and 2012, respectively (126,256) (127,489)
Total shareholders’ equity 2,858,019 2,676,690
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 6,622,212 6,175,890
Alabama Gas Corporation
   
Current Assets    
Cash and cash equivalents 3,032 5,559
Accounts receivable    
Gas 103,301 94,011
Other 5,447 5,117
Affiliated companies 4,662 5,742
Allowance for doubtful accounts (5,000) (5,700)
Inventories    
Storage gas inventory 32,095 32,205
Materials and supplies 5,471 5,528
Liquified natural gas in storage 3,634 3,498
Regulatory assets 2,756 45,515
Income tax receivable 3,644 2,762
Deferred income taxes 20,049 18,799
Prepayments and other 4,654 4,451
Total current assets 183,745 217,487
Property, Plant and Equipment    
Utility plant 1,491,433 1,416,590
Less accumulated depreciation 605,924 573,947
Utility plant, net 885,509 842,643
Other property, net 41 42
Other Assets    
Regulatory assets 84,890 110,566
Other postretirement assets 26,457 848
Deferred charges and other 17,433 11,290
Total other assets 128,780 122,704
TOTAL ASSETS 1,198,075 1,182,876
Current Liabilities    
Notes payable to banks 50,000 77,000
Accounts payable 48,653 51,741
Accrued taxes 28,027 24,186
Customer deposits 21,692 24,705
Amounts due customers 16,990 19,718
Accrued wages and benefits 7,682 6,703
Regulatory liabilities 49,006 45,116
Other 10,113 9,018
Total current liabilities 232,163 258,187
Long-term debt 249,923 250,028
Deferred Credits and Other Liabilities    
Pension liabilities 20,191 43,611
Regulatory liabilities 94,125 80,404
Deferred income taxes 205,631 189,381
Other 11,462 762
Total deferred credits and other liabilities 331,409 314,158
Commitments and Contingencies      
Shareholders' Equity    
Preferred stock, cumulative, $0.01 par value 0 0
Common shareholders’ equity    
Common stock, $0.01 par value 20 20
Premium on capital stock 31,682 31,682
Capital surplus 2,802 2,802
Retained earnings 350,076 325,999
Accumulated other comprehensive income (loss), net of tax    
Total shareholders’ equity 384,580 360,503
Total capitalization 634,503 610,531
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 1,198,075 $ 1,182,876