| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 54,600 | 41,300 |
| Afudc equity | 4,000 | 2,700 |
| Income from equity investments net of dividends | -1,700 | -1,500 |
| Gain on investments and property, plant and equipment | 1,800 | 1,300 |
| Depreciation expense | 215,300 | 142,900 |
| Amortization of psas | 4,400 | 2,900 |
| Amortization of other intangible assets and other assets | 5,000 | 3,400 |
| Deferred income tax benefit | -2,900 | -3,500 |
| Share-based and esop compensation expense | 6,200 | 4,000 |
| Defined benefit pension and other postretirement plan benefit | -2,600 | -1,700 |
| Fuel adjustment clause | 1,100 | 800 |
| Bad debt expense | 800 | 300 |
| Provision (payments) for interim rate refund | -23,000 | -23,000 |
| Accounts receivable | -1,200 | -18,100 |
| Inventories | 24,000 | 15,300 |
| Prepayments and other | -10,400 | 4,500 |
| Accounts payable | -100 | -2,900 |
| Other current liabilities | -10,300 | -20,000 |
| Renewable tax credit sales | 27,200 | 22,300 |
| Cash contributions to defined benefit pension plans | 19,100 | 19,100 |
| Changes in regulatory and other non-current assets | -5,000 | -4,900 |
| Changes in regulatory and other non-current liabilities | 16,700 | 7,000 |
| Cash provided by operating activities | 253,000 | 149,600 |
| Proceeds from sale of available-for-sale securities | 3,000 | 2,500 |
| Payments for purchase of available-for-sale securities | 2,700 | 1,400 |
| Payments for equity method investments | 18,300 | 11,300 |
| Additions to property, plant and equipment | 540,300 | 262,700 |
| Other investing activities | -2,000 | 800 |
| Cash used in investing activities | -556,300 | -273,700 |
| Proceeds from issuance of common stock | 9,600 | 6,500 |
| Proceeds from issuance of short-term and long-term debt | 685,000 | 340,000 |
| Repayments of short-term and long-term debt | 245,400 | 143,700 |
| Proceeds from non-controlling interest in subsidiaries net | 12,100 | 9,900 |
| Distributions to non-controlling interest | 2,100 | 500 |
| Dividends on common stock | 127,000 | 84,600 |
| Other financing activities | -2,900 | -800 |
| Cash provided by (used in) financing activities | 329,300 | 126,800 |
| Change in cash, cash equivalents and restricted cash | 26,000 | 2,700 |
| Cash and cash equivalents at beginning of period | 55,200 | - |
| Cash and cash equivalents at end of period | 81,200 | - |
ALLETE INC (ALE)
ALLETE INC (ALE)