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South Jersey Gas Company Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:      
Net Income $ 88,091,000 $ 157,084,000 $ 76,917,000
Adjustments to Reconcile Income from Continuing Operations to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 211,652,000 170,647,000 133,385,000
CIP Receivable/Payable 3,237,000 (27,807,000) 922,000
Environmental Remediation Costs - Net of Recoveries (34,057,000) (19,325,000) (49,180,000)
Deferred and Noncurrent Income Taxes - Net 47,342,000 21,841,000 21,543,000
Gas Plant Cost of Removal (13,847,000) (16,777,000) (18,823,000)
Societal Benefit Costs Regulatory Asset and Liabilities (21,915,000) (23,068,000) (24,503,000)
Excess Deferred Income Tax (21,901,000) (14,668,000) (8,505,000)
Changes in:      
Accounts Receivable (85,911,000) (48,576,000) 92,614,000
Accounts Payable and Other Accrued Liabilities 80,715,000 49,981,000 (137,717,000)
Other Assets and Liabilities (51,570,000) 26,733,000 (13,988,000)
CASH USED IN OPERATING ACTIVITIES 273,113,000 311,639,000 121,052,000
Cash Flows from Investing Activities:      
Capital Expenditures (532,026,000) (486,451,000) (504,212,000)
Investment in Contract Receivables (22,215,000) (24,449,000) (15,718,000)
Proceeds from Contract Receivables 13,969,000 12,904,000 10,301,000
Net Cash Used in Investing Activities (645,497,000) (507,751,000) (477,648,000)
Cash Flows from Financing Activities:      
Net (Repayments of) Borrowings from Short-Term Credit Facilities (262,400,000) (252,300,000) 578,200,000
Proceeds from Issuance of Long-Term Debt 460,000,000 1,050,000,000 429,657,000
Principal Repayments of Long-Term Debt (117,909,000) (667,909,000) (733,909,000)
Payments for Issuance of Long-Term Debt (17,632,000) (8,191,000) (2,744,000)
Net Cash Provided by Financing Activities 359,993,000 209,562,000 353,298,000
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (12,391,000) 13,450,000 (3,298,000)
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 41,831,000 28,381,000 31,679,000
Cash, Cash Equivalents and Restricted Cash at End of Year 29,440,000 41,831,000 28,381,000
Cash paid (received) during the year for:      
Interest (Net of Amounts Capitalized) 122,070,000 108,901,000 114,015,000
Income Taxes (Net of Refunds) (301,000) (4,336,000) (10,639,000)
Supplemental Disclosures of Non-Cash Investing Activities      
Capital Expenditures acquired on account but unpaid as of year-end 36,389,000 37,616,000 54,321,000
South Jersey Gas Company      
Cash Flows from Operating Activities:      
Net Income 127,638,000 108,059,000 87,394,000
Adjustments to Reconcile Income from Continuing Operations to Net Cash Provided by Operating Activities:      
Depreciation and Amortization 127,440,000 101,711,000 93,910,000
Provision for Uncollectibles 7,794,000 6,209,000 7,193,000
CIP Receivable/Payable 3,237,000 (27,807,000) 922,000
Deferred Gas Costs - Net of Recoveries (25,258,000) 31,257,000 9,712,000
Environmental Remediation Costs - Net of Recoveries (18,299,000) (27,161,000) (42,654,000)
Deferred and Noncurrent Income Taxes - Net 38,414,000 35,324,000 32,822,000
Gas Plant Cost of Removal (7,197,000) (8,433,000) (8,931,000)
Societal Benefit Costs Regulatory Asset and Liabilities (11,841,000) (11,811,000) (12,994,000)
Excess Deferred Income Tax (21,901,000) (14,668,000) (8,508,000)
Changes in:      
Accounts Receivable (35,969,000) (13,846,000) 8,182,000
Accounts Payable and Other Accrued Liabilities 8,299,000 (1,949,000) (28,759,000)
Other Assets and Liabilities (9,133,000) 14,302,000 (6,584,000)
CASH USED IN OPERATING ACTIVITIES 183,224,000 191,187,000 131,705,000
Cash Flows from Investing Activities:      
Capital Expenditures (249,100,000) (269,012,000) (257,654,000)
Investment in Contract Receivables (22,117,000) (24,449,000) (15,718,000)
Proceeds from Contract Receivables 13,969,000 12,904,000 10,301,000
Net Cash Used in Investing Activities (257,248,000) (280,557,000) (263,071,000)
Cash Flows from Financing Activities:      
Net (Repayments of) Borrowings from Short-Term Credit Facilities 60,500,000 (123,800,000) 63,800,000
Proceeds from Issuance of Long-Term Debt 0 525,000,000 90,000,000
Principal Repayments of Long-Term Debt (27,909,000) (417,909,000) (18,909,000)
Payments for Issuance of Long-Term Debt (945,000) (3,748,000) (36,000)
Additional Investment by Shareholder 40,000,000 109,500,000 0
Net Cash Provided by Financing Activities 71,646,000 89,043,000 134,855,000
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash (2,378,000) (327,000) 3,489,000
Cash, Cash Equivalents and Restricted Cash at Beginning of Year 6,424,000 6,751,000 3,262,000
Cash, Cash Equivalents and Restricted Cash at End of Year 4,046,000 6,424,000 6,751,000
Cash paid (received) during the year for:      
Interest (Net of Amounts Capitalized) 38,679,000 27,630,000 31,076,000
Income Taxes (Net of Refunds) 1,000 1,000 (14,122,000)
Supplemental Disclosures of Non-Cash Investing Activities      
Capital Expenditures acquired on account but unpaid as of year-end $ 20,268,000 $ 28,877,000 $ 36,040,000