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Madison Gas and Electric Company Consolidated Statements of Income (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Revenues:      
Regulated electric revenues $ 392,365 $ 375,858 $ 360,729
Regulated gas revenues 139,727 165,271 165,915
Nonregulated revenues 9,231 5,253 5,947
Total Operating Revenues 541,323 546,382 532,591
Operating Expenses:      
Fuel for electric generation 46,499 50,819 41,947
Purchased power 73,842 64,085 71,239
Cost of gas sold 78,156 99,465 103,784
Other operations and maintenance 172,996 165,859 164,001
Depreciation and amortization 38,707 40,942 37,960
Other general taxes 18,360 17,344 17,058
Total Operating Expenses 428,560 438,514 435,989
Operating Income 112,763 107,868 96,602
Other Income and Deductions:      
Equity earnings in ATC 9,079 8,615 8,501
Total Other Income and Deductions 10,069 9,214 11,093
Interest Expense:      
Net Interest Expense 19,467 20,162 16,157
Net Income 64,446 60,928 57,718
MGE [Member]
     
Operating Revenues:      
Regulated electric revenues 392,365 375,858 360,729
Regulated gas revenues 139,727 165,271 165,915
Nonregulated revenues 9,231 5,253 5,947
Total Operating Revenues 541,323 546,382 532,591
Operating Expenses:      
Fuel for electric generation 46,499 50,819 41,947
Purchased power 73,842 64,085 71,239
Cost of gas sold 78,156 99,465 103,784
Other operations and maintenance 171,965 164,903 163,168
Depreciation and amortization 38,707 40,942 37,960
Other general taxes 18,360 17,344 17,058
Income tax provision 35,334 32,287 29,556
Total Operating Expenses 462,863 469,845 464,712
Operating Income 78,460 76,537 67,879
Other Income and Deductions:      
AFUDC - equity funds 1,731 413 301
Equity earnings in ATC 9,079 8,615 8,501
Income tax provision (4,101) (3,752) (4,749)
Other income, net (263) (321) 2,715
Total Other Income and Deductions 6,446 4,955 6,768
Income before interest expense 84,906 81,492 74,647
Interest Expense:      
Interest on long-term debt 20,386 20,634 18,800
Other interest, net (82) (226) (2,500)
AFUDC - borrowed funds (704) (168) (118)
Net Interest Expense 19,600 20,240 16,182
Net Income Including Noncontrolling Interest 65,306 61,252 58,465
Less Net Income Attributable to Noncontrolling Interest, net of tax (24,489) (23,970) (20,740)
Net Income $ 40,817 $ 37,282 $ 37,725