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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ 11,299,282 $ (31,732,602)
Adjustments to reconcile net income (loss) to net cash provided by operations:    
Depreciation and amortization 9,993,206 9,182,751
Cost of retirement of utility property, net (824,637) (630,262)
Stock option grants 21,560 16,330
Equity in earnings of unconsolidated affiliate (2,084,990) (73,327)
Impairment of unconsolidated affiliates (0) 55,092,303
Allowance for funds used during construction (362,685) (75,154)
Deferred income taxes 38,241 (14,258,294)
Other noncash items, net (67,266) 317,169
Changes in assets and liabilities which provided (used) cash:    
Accounts receivable and customer deposits, net 1,393,153 (646,362)
Inventories and gas in storage 5,285,142 (9,246,069)
Regulatory and other assets (891,152) 3,949,270
Accounts payable, customer credit balances and accrued expenses, net (91,522) 310,700
Regulatory liabilities 88,368 3,345,223
Total adjustments 12,497,418 47,284,278
Net cash provided by operating activities 23,796,700 15,551,676
CASH FLOWS FROM INVESTING ACTIVITIES:    
Expenditures for utility property (25,306,524) (25,461,000)
Investment in unconsolidated affiliates (2,133,534) (5,260,863)
Proceeds from disposal of utility property 37,940 105,985
Net cash used in investing activities (27,402,118) (30,615,878)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under line-of-credit 33,172,013 36,871,007
Repayments under line-of-credit (28,818,441) (54,499,904)
Proceeds from issuance of unsecured notes 1,103,800 39,286,000
Retirement of notes payable (1,300,000) (25,125,000)
Debt issuance expenses (33,722) (58,201)
Proceeds from issuance of stock (3,903,362) (28,984,957)
Cash dividends paid (7,808,077) (7,014,060)
Net cash provided by financing activities 218,935 18,444,799
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (3,386,483) 3,380,597
BEGINNING CASH AND CASH EQUIVALENTS 4,898,914 1,518,317
ENDING CASH AND CASH EQUIVALENTS 1,512,431 4,898,914
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Interest 5,299,959 4,269,900
Income taxes $ 1,775,145 $ 2,290,000