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MGE Energy Inc Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities:      
Net Income $ 74,905 $ 64,446 $ 60,928
Items not affecting cash:      
Depreciation and amortization 38,838 38,707 40,942
Deferred income taxes 38,365 44,797 33,698
Provision for doubtful receivables 2,448 2,498 2,312
Employee benefit plan expenses 13,303 18,353 13,703
Equity earnings in ATC (9,434) (9,079) (8,615)
Other items 117 1,283 1,616
Changes in working capital items:      
Receivable - margin account (change) 1,444 3,726 (2,609)
Trade and other receivables (change) (3,827) (6,208) 173
Inventories (change) 2,488 1,457 7,438
Unbilled revenues (change) (3,720) (2,508) 3,466
Prepaid taxes (change) 414 2,731 245
Other current assets (change) 1,070 367 538
Accounts payable (change) 858 (272) 2,055
Other current liabilities (change) 6,271 425 (4,300)
Dividend income from ATC 7,404 7,146 6,728
Cash contributions to pension and other postretirement plans (34,765) (28,857) (23,670)
Debt make-whole premium (6,757) 0 0
Other noncurrent items, net 10,845 6,992 (3,876)
Cash Provided by (Used for) Operating Activities 140,267 146,004 130,772
Investing Activities:      
Capital expenditures (119,047) (98,435) (65,176)
Capital contributions to investments (1,660) (2,419) (1,008)
Purchase of investment - land (10) (3) (2,152)
Other investing (1,205) (496) 1,985
Cash Provided by (Used for) Investing Activities (121,922) (101,353) (66,351)
Financing Activities:      
Cash dividends paid on common stock (37,107) (35,951) (35,026)
Repayment of long-term debt (43,012) (30,668) (2,500)
Issuance of long-term debt 85,000 28,000 30,000
Decrease in short-term debt 0 0 (22,500)
Other financing (770) (844) (336)
Cash Provided by (Used for) Financing Activities 4,111 (39,463) (30,362)
Change in Cash and Cash Equivalents: 22,456 5,188 34,059
Cash and cash equivalents at beginning of period 46,357 41,169 7,110
Cash and cash equivalents at end of period 68,813 46,357 41,169
Supplemental disclosures of cash flow information:      
Interest paid 17,991 19,499 19,788
Income taxes paid 8,046 3,544 5,537
Income taxes received (1,339) (12,536) (4,370)
Significant noncash investing activities:      
Accrued capital expenditures $ 9,892 $ 10,317 $ 684