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SCHEDULE I - CONDENSED FINANCIAL INFORMATION OF REGISTRANT (Tables) | 12 Months Ended
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Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract] |
Condensed Income Statement | CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
|  | Year Ended December 31,
|  | 2023 |  | 2022 |  | 2021
|  | (thousands of dollars)
Income: |  |  |  |  |  |
Equity in income of subsidiaries |  | $ | 262,081 |  |  | $ | 258,540 |  |  | $ | 245,591 |
Investment income |  | 1,932 |  |  | 1,795 |  |  | 148 |
Total income |  | 264,013 |  |  | 260,335 |  |  | 245,739 |
Expenses: |  |  |  |  |  |
Operating expenses |  | 553 |  |  | 444 |  |  | 679 |
Interest expense |  | 3,171 |  |  | 1,267 |  |  | 82 |
Other expenses |  | 200 |  |  | 250 |  |  | 192 |
Total expenses |  | 3,924 |  |  | 1,961 |  |  | 953 |
Income Before Income Taxes |  | 260,089 |  |  | 258,374 |  |  | 244,786 |
Income Tax Benefit |  | (1,106) |  |  | (608) |  |  | (764) |
Net Income Attributable to IDACORP, Inc. |  | 261,195 |  |  | 258,982 |  |  | 245,550 |
Other comprehensive (loss) income |  | (4,262) |  |  | 27,118 |  |  | 3,318 |
Comprehensive Income Attributable to IDACORP, Inc. |  | $ | 256,933 |  |  | $ | 286,100 |  |  | $ | 248,868 |
The accompanying note is an integral part of these statements.
Condensed Cash Flow Statement | IDACORP, INC. CONDENSED STATEMENTS OF CASH FLOWS
|  | Year Ended December 31,
|  | 2023 |  | 2022 |  | 2021
|  | (thousands of dollars)
Operating Activities: |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 154,190 |  |  | $ | 77,048 |  |  | $ | 174,209 |
Investing Activities: |  |  |  |  |  |
Purchase of investments |  | (1,002) |  |  | (26,620) |  |  | (26,363) |
Maturities of investments |  | — |  |  | 25,000 |  |  | 50,000 |
Net cash (used in) provided by investing activities |  | (1,002) |  |  | (1,620) |  |  | 23,637 |
Financing Activities: |  |  |  |  |  |
Dividends on common stock |  | (162,646) |  |  | (154,287) |  |  | (146,119) |
Change in intercompany notes payable |  | (282) |  |  | (3,811) |  |  | (2,167) |
Other |  | (3,533) |  |  | (3,184) |  |  | (3,124) |
Net cash used in financing activities |  | (166,461) |  |  | (161,282) |  |  | (151,410) |
Net (decrease) increase in cash and cash equivalents |  | (13,273) |  |  | (85,854) |  |  | 46,436 |
Cash and cash equivalents at beginning of year |  | 67,171 |  |  | 153,025 |  |  | 106,589 |
Cash and cash equivalents at end of year |  | $ | 53,898 |  |  | $ | 67,171 |  |  | $ | 153,025 |
The accompanying note is an integral part of these statements.
Condensed Balance Sheet | IDACORP, INC. CONDENSED BALANCE SHEETS
|  | December 31,
|  | 2023 |  | 2022
Assets |  | (thousands of dollars)
Current Assets: |  |  |  |
Cash and cash equivalents |  | $ | 53,898 |  |  | $ | 67,171 |
Receivables |  | 16,397 |  |  | 56,446 |
Income taxes receivable |  | 1,551 |  |  | 1,098 |
Other |  | 107 |  |  | 98 |
Total current assets |  | 71,953 |  |  | 124,813 |
Investments |  | 2,893,353 |  |  | 2,739,616 |
Other Assets: |  |  |  |
Deferred income taxes |  | 1,919 |  |  | 131 |
Other |  | 422 |  |  | 286 |
Total other assets |  | 2,341 |  |  | 417 |
Total assets |  | $ | 2,967,647 |  |  | $ | 2,864,846 |
Liabilities and Shareholders’ Equity |  |  |  |
Noncurrent Liabilities: |  |  |  |
Intercompany notes payable |  | $ | 59,598 |  |  | $ | 57,048 |
Other |  | 480 |  |  | 559 |
Total noncurrent liabilities |  | 60,078 |  |  | 57,607 |
IDACORP, Inc. Shareholders’ Equity |  | 2,907,569 |  |  | 2,807,239 |
Total Liabilities and Shareholders' Equity |  | $ | 2,967,647 |  |  | $ | 2,864,846 |
The accompanying note is an integral part of these statements.

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