XML 40 R26.htm IDEA: XBRL DOCUMENT v3.21.2
Completion of Electric Utility Reorganization Plan (Tables)
 6 Months Ended
Jun. 30, 2021
Restructuring and Related Activities [Abstract]  
Completion of Electric utility reorganization plan -selected information for the results of operations and its cash flows
The table below sets forth selected information relating to the electric segment's results of operations for the three and six months ended June 30, 2021 and 2020, and its cash flows for the six months ended June 30, 2021 (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
(Subsidiary of AWR)(Division of GSWC)(Subsidiary of AWR)(Division of GSWC)
Electric revenues$8,108 $7,679 $19,647 $18,647 
Operating expenses6,313 6,166 14,404 13,647 
   Operating income$1,795 $1,513 $5,243 $5,000 
Net income$1,302 $1,063 $3,826 $3,409 

Six Months Ended June 30, 2021
(Subsidiary of AWR)
Net cash provided from operating activities$5,236 
Net cash used in investing activities(11,198)
Net cash provided from financing activities (1)
5,815 
Net change in cash and cash equivalents(147)
Cash and cash equivalents, beginning of period367
Cash and cash equivalents, end of period$220 
(1)    Effective July 1, 2020, BVESI has a 3-year, $35 million revolving credit facility agreement. As of June 30, 2021, there was $26.0 million outstanding under this facility. Under the terms of the credit agreement, BVESI has the option to request an increase in the facility of an additional $15.0 million subject to approval by the financial institution.