UTL: the cash flow

MyFinsight

For the quarter ending 2026-03-31, UTL had $1,300K increase in cash & cash equivalents over the period. $17,700K in free cash flow.

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	-	0	200	-
Proceeds from short-term debt, net	2,300	138,200	-53,900	65,600
Increase in capital lease obligations	-	-100	-100	100
Issuance of long-term debt	-	0	32,000	-
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	-	-
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	-
Cash and cash equivalents at end of period	16,900	15,600	14,600	-

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