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Madison Gas and Electric Company Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Items not affecting cash:      
Depreciation and amortization $ 53,077 $ 44,646 $ 44,225
Deferred income taxes (4,082) 22,421 21,927
Provision for doubtful receivables 1,016 1,196 596
Employee benefit plan cost 831 295 3,333
Equity earnings in MGE Transco (10,125) (8,428) (7,728)
Gain on sale of property (1,547) 0 0
Other items 748 1,426 721
Changes in working capital items:      
Trade and other receivables (change) (4,502) (3,594) 4,508
Inventories (change) (2,568) 7,273 (2,646)
Unbilled revenues (change) (1,554) (4,838) 6,254
Prepaid taxes (change) 101 8,616 3,658
Other current assets (change) (1,275) 700 978
Accounts payable (change) (5,290) 9,881 (3,499)
Other current liabilities (change) 3,948 (1,738) (597)
Dividend income from MGE Transco 8,803 5,854 6,645
Cash contributions to pension and other postretirement plans (11,304) (14,452) (13,676)
Other noncurrent items, net 9,108 2,695 5,143
Cash Provided by Operating Activities 132,991 147,513 141,185
Investing Activities:      
Capital expenditures (108,131) (83,659) (72,030)
Capital contributions to investments (11,081) (2,958) (1,053)
Proceeds from sale of property 2,819 0 0
Other 32 (209) (230)
Cash Used for Investing Activities (116,361) (86,826) (73,313)
Financing Activities:      
Repayment of long-term debt (34,358) (4,267) (4,182)
Issuance of long-term debt 70,000 0 0
Proceeds from (repayments of) short-term debt 4,000 0 (7,000)
Other (597) (70) (1,018)
Cash Used for Financing Activities (4,637) (46,112) (52,243)
Change in cash and cash equivalents: 11,993 14,575 15,629
Cash and cash equivalents at beginning of period 95,959 81,384 65,755
Cash and cash equivalents at end of period 107,952 95,959 81,384
Supplemental disclosures of cash flow information:      
Interest paid 19,176 19,415 19,636
Income taxes paid 27,149 21,831 23,800
Income taxes received 0 (10,000) (10,130)
Significant noncash investing activities:      
Accrued capital expenditures 16,602 16,376 3,963
MGE [Member]      
Operating Activities:      
Net Income 93,072 74,592 71,465
Items not affecting cash:      
Depreciation and amortization 53,077 44,622 44,178
Deferred income taxes (7,760) 20,876 18,843
Provision for doubtful receivables 1,016 1,196 596
Employee benefit plan cost 831 295 3,333
Equity earnings in MGE Transco 0 (6,366) (7,728)
Gain on sale of property (1,547) 0 0
Other items 1,515 1,954 1,223
Changes in working capital items:      
Trade and other receivables (change) (4,113) (3,583) 11,079
Inventories (change) (2,568) 7,273 (2,647)
Unbilled revenues (change) (1,554) (4,838) 6,254
Prepaid taxes (change) 725 8,481 4,824
Other current assets (change) (1,277) 699 976
Accounts payable (change) (5,312) 9,941 (3,587)
Accrued interest and taxes (change) 118 419 (18)
Other current liabilities (change) 1,941 (2,137) 1,885
Dividend income from MGE Transco 0 5,032 6,645
Cash contributions to pension and other postretirement plans (11,304) (14,452) (13,677)
Other noncurrent items, net 8,878 2,497 4,816
Cash Provided by Operating Activities 125,738 146,501 148,460
Investing Activities:      
Capital expenditures (108,131) (83,659) (72,030)
Capital contributions to investments 0 (1,598) (710)
Proceeds from sale of property 1,721 0 0
Other (248) (391) (180)
Cash Used for Investing Activities (106,658) (85,648) (72,920)
Financing Activities:      
Cash dividends paid to parent by MGE (45,000) (50,000) (30,000)
Distributions to parent from noncontrolling interest (18,000) (24,113) (14,708)
Equity contribution received by noncontrolling interest 0 1,598 3,230
Repayment of long-term debt (34,358) (4,267) (4,182)
Issuance of long-term debt 70,000 0 0
Proceeds from (repayments of) short-term debt 4,000 0 (7,000)
Other (539) (63) (682)
Cash Used for Financing Activities (23,897) (76,845) (53,342)
Change in cash and cash equivalents: (4,817) (15,992) 22,198
Cash and cash equivalents at beginning of period 10,768 26,760 4,562
Cash and cash equivalents at end of period 5,951 10,768 26,760
Supplemental disclosures of cash flow information:      
Interest paid 19,176 19,415 19,636
Income taxes paid 1 29 29
Significant noncash investing activities:      
Accrued capital expenditures 16,602 16,376 3,963
Dividend in kind to parent $ 0 $ 15,822 $ 0