The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 42,822 |
| Depreciation and amortization | 32,495 |
| Provision for deferred income taxes and investment tax credits | -5,234 |
| Equity portion of allowance for funds used during construction (afudc) | 977 |
| Cash surrender value of life insurance | 296 |
| Stock compensation expense | 1,237 |
| Accounts receivable | 371 |
| Unbilled revenues | -1,403 |
| Materials and supplies | 830 |
| Prepayments | 421 |
| Accounts payable | 1,296 |
| Accrued taxes | 4,016 |
| Accrued interest | 395 |
| Employee benefit plans | -5,380 |
| Unearned revenue and advanced service fees | -979 |
| Recovered costs litigation settlement | 0 |
| Other assets and liabilities | 6,580 |
| Net cash provided by operating activities | 62,596 |
| Utility plant expenditures, including afudc-debt of 641 in 2025, 511 in 2024 and 975 in 2023 | 96,354 |
| Acquisition of water systems | 4,607 |
| Net cash used in investing activities | -100,961 |
| Redemption of long-term debt | 7,317 |
| Proceeds from issuance of long-term debt | 33,615 |
| Net short-term bank borrowings | 5,250 |
| Proceeds from litigation settlement, net | 0 |
| Deferred debt issuance expense | 142 |
| Common stock issuance expense | 667 |
| Payment of grantee withholding taxes in exchange for restricted stock | 371 |
| Proceeds from issuance of common stock | 30,454 |
| Payment of common dividends | 24,924 |
| Payment of preferred dividends | 76 |
| Construction advances and contributions-net | 2,792 |
| Net cash provided by financing activities | 38,614 |
| Net changes in cash, cash equivalents and restricted cash | 249 |
| Cash, cash equivalents and restricted cash at beginning of period | 4,226 |
| Cash, cash equivalents and restricted cash at end of period | 4,475 |
MIDDLESEX WATER CO (MSEXP)
MIDDLESEX WATER CO (MSEXP)