UTL: the cash flow

MyFinsight

Cash Flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Net income	33,200	19,000	-300	31,500
Depreciation and amortization	23,300	23,000	22,200	43,500
Deferred tax provision	800	9,900	200	-500
Accounts receivable	8,400	33,600	-2,400	-12,800
Accrued revenue	-8,800	17,700	7,900	-25,300
Regulatory liabilities	5,600	-4,500	-2,600	3,800
Exchange gas receivable	-8,400	-5,300	6,000	2,700
Accounts payable	-15,700	19,000	1,700	-13,700
Other changes in working capital items	-2,700	3,400	-4,700	3,500
Deferred regulatory and other charges	-11,000	4,200	800	-8,600
Other, net	2,400	200	400	6,400
Cash provided by operating activities	50,100	21,400	15,600	94,300
Property, plant and equipment additions	32,400	57,700	54,600	72,800
Acquisition, net of cash acquired	0	89,000	0	71,400
Cash used in investing activities	-32,400	-146,700	-54,600	-144,200
Long-term debt issuance costs	NaN	0	200	NaN
Proceeds from short-term debt, net	2,300	138,200	-53,900	65,600
Increase in capital lease obligations	NaN	-100	-100	100
Issuance of long-term debt	NaN	0	32,000	NaN
Repayment of long-term debt	1,300	0	2,100	2,800
Net decrease in exchange gas financing	-8,100	-3,900	5,200	2,000
Dividends paid	8,500	8,100	7,400	14,600
Proceeds from issuance of common stock	300	100	71,400	2,000
Construction advances	1,100	-100	NaN	NaN
Cash (used in) provided by financing activities	-16,400	126,300	45,100	52,100
Net increase in cash and cash equivalents	1,300	1,000	6,100	2,200
Cash and cash equivalents at beginning of period	15,600	14,600	6,300	NaN
Cash and cash equivalents at end of period	16,900	15,600	14,600	NaN

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.