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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2024
Sep. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 2,019,183 $ 1,512,431
Accounts receivable (less allowance for credit losses of $483,110, and $155,164, respectively) 9,451,708 4,194,934
Materials and supplies 1,630,781 1,674,462
Gas in storage 5,098,039 11,185,601
Prepaid income taxes 1,750,669 3,227,544
Regulatory assets 5,005,793 2,854,276
Interest rate swaps 1,274,773 1,533,057
Other 2,294,699 612,957
Total current assets 28,525,645 26,795,262
UTILITY PROPERTY:    
In service 331,785,483 318,369,891
Accumulated depreciation and amortization (89,548,196) (85,752,798)
In service, net 242,237,287 232,617,093
Construction work in progress 11,902,830 14,966,458
Utility property, net 254,140,117 247,583,551
OTHER NON-CURRENT ASSETS:    
Regulatory assets 5,310,937 5,389,445
Investment in unconsolidated affiliates 19,887,693 17,187,093
Benefit plan assets 1,715,551 1,901,902
Deferred income taxes 978,491 1,163,594
Interest rate swaps 2,230,121 3,084,398
Other 570,975 624,095
Total other non-current assets 30,693,768 29,350,527
TOTAL ASSETS 313,359,530 303,729,340
Liabilities, Current [Abstract]    
Current maturities of long-term debt 125,000 10,975,000
Line-of-credit 6,582,180 4,353,572
Dividends payable 2,036,221 1,978,400
Accounts payable 5,358,002 5,838,643
Customer credit balances 947,563 1,972,132
Income taxes payable 91,824 0
Customer deposits 1,697,018 1,476,321
Accrued expenses 3,211,598 4,661,722
Regulatory liabilities 1,621,966 1,632,716
Other 31,010 30,281
Total current liabilities 21,702,382 32,918,787
LONG-TERM DEBT:    
Notes payable 136,175,000 126,100,000
Unamortized debt issuance costs (258,113) (255,272)
Long-term debt, net 135,916,887 125,844,728
DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES:    
Asset retirement obligations 10,941,196 10,792,831
Regulatory cost of retirement obligations 13,738,423 13,029,376
Benefit plan liabilities 255,385 47,674
Deferred income taxes 2,205,649 2,008,458
Regulatory liabilities 17,735,810 18,031,693
Other 319,936 323,168
Total deferred credits and other non-current liabilities 45,196,399 44,233,200
STOCKHOLDERS’ EQUITY:    
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 10,179,479 and 10,015,254 shares, respectively 50,897,395 50,076,270
Preferred stock, no par, authorized 5,000,000 shares; no shares issued and outstanding 0 0
Capital in excess of par value 46,828,818 44,430,786
Retained earnings 11,366,762 3,972,280
Accumulated other comprehensive income 1,450,887 2,253,289
Total stockholders’ equity 110,543,862 100,732,625
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 313,359,530 $ 303,729,340