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Madison Gas and Electric Company Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Items not affecting cash:      
Depreciation and amortization $ 56,412 $ 53,077 $ 44,646
Deferred income taxes 3,749 (4,082) 22,421
Provision for doubtful receivables 1,366 1,016 1,196
Employee benefit plan (credit) cost (2,002) 831 295
Equity earnings in MGE Transco (8,821) (10,125) (8,428)
Gain on sale of property 0 (1,547) 0
Other items (814) 641 2,462
Changes in working capital items:      
Trade and other receivables (change) (2,235) (4,502) (3,594)
Inventories (change) 2,724 (2,568) 7,273
Unbilled revenues (change) 3,157 (1,554) (4,838)
Prepaid taxes (change) 10,320 101 8,616
Other current assets (change) 251 (2,786) 15
Accounts payable (change) (4,855) (5,290) 9,881
Other current liabilities (change) 11,957 3,948 (1,738)
Dividend income from MGE Transco 6,958 8,803 5,854
Cash contributions to pension and other postretirement plans (5,584) (11,304) (14,452)
Other noncurrent items, net (3,762) 9,108 2,695
Cash Provided by Operating Activities 153,040 131,373 147,864
Investing Activities:      
Capital expenditures (212,197) (108,131) (83,659)
Capital contributions to investments (5,926) (11,081) (2,958)
Proceeds from sale of property 0 2,819 0
Other (205) 118 (196)
Cash Used for Investing Activities (218,328) (116,275) (86,813)
Financing Activities:      
Repayment of long-term debt (24,453) (34,358) (4,267)
Issuance of long-term debt 100,000 70,000 0
Proceeds from short-term debt 9,000 4,000 0
Other (662) (597) (70)
Cash Provided by (Used for) Financing Activities 38,123 (4,637) (46,112)
Change in cash, cash equivalents, and restricted cash: (27,165) 10,461 14,939
Cash, cash equivalents, and restricted cash at beginning of period 112,094 101,633 86,694
Cash, cash equivalents, and restricted cash at end of period 84,929 112,094 101,633
Supplemental disclosures of cash flow information:      
Interest paid 20,018 19,176 19,415
Income taxes paid 12,597 27,149 21,831
Income taxes received (59) 0 (10,000)
Significant noncash investing activities:      
Accrued capital expenditures 11,129 16,602 16,376
MGE [Member]      
Operating Activities:      
Net Income 79,036 93,072 74,592
Items not affecting cash:      
Depreciation and amortization 56,412 53,077 44,622
Deferred income taxes (69) (7,760) 20,876
Provision for doubtful receivables 1,366 1,016 1,196
Employee benefit plan (credit) cost (2,002) 831 295
Equity earnings in MGE Transco 0 0 (6,366)
Gain on sale of property 0 (1,547) 0
Other items (107) 1,408 2,990
Changes in working capital items:      
Trade and other receivables (change) (2,160) (4,113) (3,583)
Inventories (change) 2,724 (2,568) 7,273
Unbilled revenues (change) 3,157 (1,554) (4,838)
Prepaid taxes (change) 9,283 725 8,481
Other current assets (change) 255 (2,788) 14
Accounts payable (change) (4,817) (5,312) 9,941
Accrued interest and taxes (change) 4,761 118 419
Other current liabilities (change) 9,685 1,941 (2,137)
Dividend income from MGE Transco 0 0 5,032
Cash contributions to pension and other postretirement plans (5,584) (11,304) (14,452)
Other noncurrent items, net (3,946) 8,878 2,497
Cash Provided by Operating Activities 147,994 124,120 146,852
Investing Activities:      
Capital expenditures (212,197) (108,131) (83,659)
Capital contributions to investments 0 0 (1,598)
Proceeds from sale of property 0 1,721 0
Other (1,105) (162) (378)
Cash Used for Investing Activities (213,302) (106,572) (85,635)
Financing Activities:      
Cash dividends paid to parent by MGE 0 (45,000) (50,000)
Distributions to parent from noncontrolling interest (22,000) (18,000) (24,113)
Equity contribution received by noncontrolling interest 0 0 1,598
Repayment of long-term debt (24,453) (34,358) (4,267)
Issuance of long-term debt 100,000 70,000 0
Proceeds from short-term debt 9,000 4,000 0
Other (662) (539) (63)
Cash Provided by (Used for) Financing Activities 61,885 (23,897) (76,845)
Change in cash, cash equivalents, and restricted cash: (3,423) (6,349) (15,628)
Cash, cash equivalents, and restricted cash at beginning of period 10,093 16,442 32,070
Cash, cash equivalents, and restricted cash at end of period 6,670 10,093 16,442
Supplemental disclosures of cash flow information:      
Interest paid 20,018 19,176 19,415
Income taxes paid 0 1 29
Income taxes received (59) 0 0
Significant noncash investing activities:      
Accrued capital expenditures 11,129 16,602 16,376
Dividend in kind to parent $ 0 $ 0 $ 15,822