XML 20 R6.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements Of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Assignable margins $ 5,813,856 $ 6,502,852 $ 6,515,545
Adjustments to reconcile assignable margins to net cash provided by operating activities:      
Depreciation and amortization 36,233,414 35,652,086 40,179,181
Amortization and depreciation cleared to operating expenses 4,988,068 4,390,385 5,777,628
Allowance for funds used during construction (188,111) (142,881) (163,151)
Write off of inventory, deferred charges and projects 997,301 691,035 974,062
Other 248,482 (220,496) 56,250
(Increase) decrease in assets:      
Accounts receivable, net (4,926,631) 6,866,956 6,879,762
Materials and supplies (850,493) (1,070,896) (1,197,127)
Fuel stock 741,865 2,588,532 3,377,775
Prepayments 59,275 712,422 (315,316)
Other assets (71,144) 215,738 978,338
Deferred charges (10,374,429) (405,746) (1,050,505)
Increase (decrease) in liabilities:      
Accounts payable 750,538 (270,416) (420,041)
Consumer deposits 206,901 86,424 62,702
Fuel cost over-recovery (1,311,023) 3,673,688 (173,620)
Accrued interest (42,212) (276,028) (321,252)
Salaries, wages and benefits 56,092 (287,510) (385,047)
Fuel 1,342,028 (6,195,299) (3,696,976)
Other current liabilities (1,051,220) (290,715) 1,653,424
Deferred liabilities (128,221) (123,695) 34,668
Net cash provided by operating activities 32,494,336 52,096,436 58,766,300
Cash flows from investing activities:      
Return of capital from investment in associated organizations 319,233 352,420 351,162
Investment in restricted cash equivalents (1,398) (1,141) (142)
Investment in marketable securitiesand investments-other (10,580,000) 0 (217,817)
Investment in Beluga River Unit (44,403,922) 0 0
Proceeds from restricted cash equivalents 1,140,343 0 0
Proceeds from the sale of marketable securities 0 0 10,522,620
Proceeds from capital grants 1,021,929 2,395,331 6,960,143
Extension and replacement of plant (36,984,892) (35,094,355) (30,303,133)
Net cash used in investing activities (89,488,707) (32,347,745) (12,687,167)
Cash flows from financing activities:      
Payments for debt issue costs (277,155) 0 0
Net increase (decrease) in short-term obligations 48,200,000 (1,000,000) (9,000,000)
Proceeds from long-term obligations 45,600,000 0 0
Repayments of long-term obligations (48,181,832) (23,889,777) (24,682,812)
Memberships and donations received 1,329,489 357,365 (255,730)
Retirement of patronage capital and estate payments (4,378,853) (182,352) (4,114,541)
Net receipts on consumer advances for construction 3,748,738 4,228,030 3,991,749
Net cash provided by (used in) financing activities 46,040,387 (20,486,734) (34,061,334)
Net change in cash and cash equivalents (10,953,984) (738,043) 12,017,799
Cash and cash equivalents at beginning of period 15,626,919 16,364,962 4,347,163
Cash and cash equivalents at end of period 4,672,935 15,626,919 16,364,962
Supplemental disclosure of non-cash investing and financing activities:      
Cost of removal obligation 3,008,808 1,366,318 3,565,605
Asset retirement obligation assumed upon BRU acquisition 3,523,409 0 0
Extension and replacement of plant included in accounts payable 1,915,033 2,582,947 2,382,117
Patronage capital retired and included in other current liabilities 0 2,105,440 2,572,670
Supplemental disclosure of cash flow information - interest expense paid, net of amounts capitalized $ 20,220,317 $ 21,891,308 $ 21,835,216