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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2021
Sep. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 1,751,874 $ 1,518,317
Accounts receivable (less allowance for uncollectibles of $450,361, and $242,010, respectively) 11,846,579 4,949,900
Materials and supplies 966,711 1,031,666
Gas in storage 7,484,574 7,867,470
Prepaid income taxes 2,187,352 3,104,950
Regulatory assets 5,814,010 5,656,453
Interest rate swap, current 35,009 0
Other 2,363,068 1,015,099
Total current assets 32,449,177 25,143,855
UTILITY PROPERTY:    
In service 276,416,655 272,382,539
Accumulated depreciation and amortization (77,370,885) (76,038,433)
In service, net 199,045,770 196,344,106
Construction work in progress 16,304,697 15,305,578
Utility plant, net 215,350,467 211,649,684
OTHER ASSETS:    
Regulatory assets 6,737,632 6,769,759
Investment in unconsolidated affiliates 66,871,847 64,867,319
Benefit plan assets 1,302,176 1,259,639
Interest rate swap, noncurrent 128,369 0
Other 391,224 418,937
Total other assets 75,431,248 73,315,654
TOTAL ASSETS 323,230,892 310,109,193
CURRENT LIABILITIES:    
Current maturities of long-term debt 28,540,200 7,000,000
Dividends payable 1,642,324 1,549,841
Accounts payable 6,213,160 7,729,707
Capital contributions payable 1,929,057 2,140,637
Customer credit balances 1,387,836 1,539,680
Customer deposits 1,611,093 1,571,342
Accrued expenses 2,472,146 3,819,977
Interest rate swaps, current liability 242,023 332,389
Regulatory liabilities 721,147 329,959
Total current liabilities 44,758,986 26,013,532
LONG-TERM DEBT:    
Notes payable 105,500,000 116,110,200
Line-of-credit 19,605,407 17,628,897
Less unamortized debt issuance costs (295,713) (267,670)
Long-term debt, net 124,809,694 133,471,427
DEFERRED CREDITS AND OTHER LIABILITIES:    
Interest rate swaps, noncurrent liability 629,592 863,694
Asset retirement obligations 7,740,028 7,628,958
Regulatory cost of retirement obligations 13,953,370 13,640,567
Benefit plan liabilities 919,625 949,851
Deferred income taxes 15,335,144 14,948,213
Regulatory liabilities 12,789,608 12,891,242
Total deferred credits and other liabilities 51,367,367 50,922,525
STOCKHOLDERS’ EQUITY:    
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 8,389,006 and 8,375,092 shares, respectively 41,945,030 41,875,460
Preferred stock, no par, authorized 5,000,000 shares; no shares issued and outstanding 0 0
Capital in excess of par value 19,935,665 19,705,387
Retained earnings 41,598,501 39,656,296
Accumulated other comprehensive loss (1,184,351) (1,535,434)
Total stockholders’ equity 102,294,845 99,701,709
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 323,230,892 $ 310,109,193