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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2024
Sep. 30, 2023
CURRENT ASSETS:    
Cash and cash equivalents $ 2,541,093 $ 1,512,431
Accounts receivable (less allowance for credit losses of $444,369, and $155,164, respectively) 5,229,249 4,194,934
Materials and supplies 1,666,342 1,674,462
Gas in storage 7,231,617 11,185,601
Prepaid income taxes 2,326,667 3,227,544
Regulatory assets 3,523,818 2,854,276
Interest rate swaps 1,239,879 1,533,057
Other 1,649,366 612,957
Total current assets 25,408,031 26,795,262
UTILITY PROPERTY:    
In service 335,181,418 318,369,891
Accumulated depreciation and amortization (91,218,942) (85,752,798)
In service, net 243,962,476 232,617,093
Construction work in progress 13,974,279 14,966,458
Utility property, net 257,936,755 247,583,551
OTHER NON-CURRENT ASSETS:    
Regulatory assets 5,271,682 5,389,445
Investment in unconsolidated affiliates 20,175,659 17,187,093
Benefit plan assets 1,687,894 1,901,902
Deferred income taxes 1,004,415 1,163,594
Interest rate swaps 1,996,748 3,084,398
Other 672,976 624,095
Total other non-current assets 30,809,374 29,350,527
TOTAL ASSETS 314,154,160 303,729,340
Liabilities, Current [Abstract]    
Current maturities of long-term debt 400,000 10,975,000
Line-of-credit 7,615,825 4,353,572
Dividends payable 2,038,956 1,978,400
Accounts payable 6,791,934 5,838,643
Customer credit balances 1,075,453 1,972,132
Customer deposits 1,586,618 1,476,321
Accrued expenses 3,524,073 4,661,722
Regulatory liabilities 718,331 1,632,716
Other 31,366 30,281
Total current liabilities 23,782,556 32,918,787
LONG-TERM DEBT:    
Notes payable 136,615,000 126,100,000
Unamortized debt issuance costs (303,652) (255,272)
Long-term debt, net 136,311,348 125,844,728
DEFERRED CREDITS AND OTHER NON-CURRENT LIABILITIES:    
Asset retirement obligations 11,027,988 10,792,831
Regulatory cost of retirement obligations 14,036,454 13,029,376
Benefit plan liabilities 328,902 47,674
Deferred income taxes 1,914,471 2,008,458
Regulatory liabilities 17,587,869 18,031,693
Other 396,780 323,168
Total deferred credits and other non-current liabilities 45,292,464 44,233,200
STOCKHOLDERS’ EQUITY:    
Common stock, $5 par; authorized 20,000,000 shares; issued and outstanding 10,193,160 and 10,015,254 shares, respectively 50,965,800 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 47,053,931 44,430,786
Retained earnings 9,484,498 3,972,280
Accumulated other comprehensive income 1,263,563 2,253,289
Total stockholders’ equity 108,767,792 100,732,625
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 314,154,160 $ 303,729,340