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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2022
Sep. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 9,431,990 $ 1,518,317
Accounts receivable (less allowance for credit losses of $712,100, and $242,010, respectively) 10,997,174 4,949,900
Materials and supplies 1,043,133 1,031,666
Gas in storage 2,063,974 7,867,470
Prepaid income taxes 2,118,634 3,104,950
Regulatory assets 1,997,076 5,656,453
Interest rate swap 312,511 0
Other 4,556,142 1,015,099
Total current assets 32,520,634 25,143,855
UTILITY PROPERTY:    
In service 280,362,362 272,382,539
Accumulated depreciation and amortization (78,862,695) (76,038,433)
In service, net 201,499,667 196,344,106
Construction work in progress 17,209,963 15,305,578
Utility plant, net 218,709,630 211,649,684
OTHER ASSETS:    
Regulatory assets 6,706,015 6,769,759
Investment in unconsolidated affiliates 27,321,251 64,867,319
Benefit plan assets 1,344,713 1,259,639
Deferred income taxes 337,757 0
Interest rate swap 1,046,987 0
Other 371,498 418,937
Total other assets 37,128,221 73,315,654
TOTAL ASSETS 288,358,485 310,109,193
CURRENT LIABILITIES:    
Current maturities of long-term debt 19,705,200 7,000,000
Dividends payable 1,908,139 1,549,841
Accounts payable 5,809,165 7,729,707
Capital contributions payable 773,090 2,140,637
Customer credit balances 682,959 1,539,680
Income taxes payable 88,080 0
Customer deposits 1,583,542 1,571,342
Accrued expenses 2,831,418 3,819,977
Interest rate swaps 0 332,389
Regulatory liabilities 3,195,059 329,959
Total current liabilities 36,576,652 26,013,532
LONG-TERM DEBT:    
Notes payable 105,125,000 116,110,200
Line-of-credit 0 17,628,897
Less unamortized debt issuance costs (283,922) (267,670)
Long-term debt, net 104,841,078 133,471,427
DEFERRED CREDITS AND OTHER LIABILITIES:    
Interest rate swaps 0 863,694
Asset retirement obligations 7,876,084 7,628,958
Regulatory cost of retirement obligations 14,126,243 13,640,567
Benefit plan liabilities 885,806 949,851
Deferred income taxes 5,883,375 14,948,213
Regulatory liabilities 12,706,518 12,891,242
Total deferred credits and other liabilities 41,478,026 50,922,525
STOCKHOLDERS’ EQUITY:    
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 9,789,895 and 8,375,092 shares, respectively 48,949,475 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 40,978,942 19,705,387
Retained earnings 15,194,355 39,656,296
Accumulated other comprehensive income (loss) 339,957 (1,535,434)
Total stockholders’ equity 105,462,729 99,701,709
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 288,358,485 $ 310,109,193