Chesapeake Utilities Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	130.9	118.6	87.2	89.8	83.47	71.5
Depreciation & Amortization	97.6	81.5	77.4	80	72.89	67.72
Loss (Gain) on Sale of Assets	-4.4	-4.4	-0.8	-7.5	-9.03	-6.24
Loss (Gain) on Sale of Investments	-1.9	-1.8	-1.9	1.8	-1.46	-1.48
Stock-Based Compensation	8	8.4	7.6	6.4	5.95	4.83
Change in Accounts Receivable	-25.4	-10.3	2.3	-11.2	-1.63	-7.43
Change in Inventory	1.9	3.3	0.3	-7.8	-9.52	1.71
Change in Accounts Payable	4.3	0.4	-16.8	2.7	8.29	4.94
Change in Income Taxes	-16.1	-2.9	-1.3	14.9	-4.58	7.17
Change in Other Net Operating Assets	-25.7	10.4	45.6	-32.8	-20.47	-8.51
Other Operating Activities	50.8	36.2	3.9	22.6	26.61	24.92
Net Cash from Discontinued Operations	-	-	-	-	-	-0.2
Operating Cash Flow	220	239.4	203.5	158.9	150.5	158.92
Operating Cash Flow Growth	-7.51%	17.64%	28.07%	5.58%	-5.29%	54.34%
Capital Expenditures	-417.9	-355.3	-188.6	-128.3	-186.92	-165.51
Sale of Property, Plant & Equipment	6.1	5.2	2.9	3.9	1.03	8.08
Cash Acquisitions	-	0.6	-925	-11.8	-36.37	-22.23
Other Investing Activities	-0.3	-0.4	-0.7	-0.3	-0.76	-1.97
Investing Cash Flow	-412.1	-349.9	-1,111	-136.5	-223.02	-181.63
Short-Term Debt Issued	-	1.5	-	1	46.65	-
Long-Term Debt Issued	-	113.6	627	49.9	59.48	89.82
Total Debt Issued	282.3	115.1	627	50.9	106.13	89.82
Short-Term Debt Repaid	-	-	-0.3	-	-1.15	-72.46
Long-Term Debt Repaid	-	-18.5	-44	-38.6	-13.81	-53.6
Total Debt Repaid	-121.9	-18.5	-44.3	-38.6	-14.97	-126.06
Net Debt Issued (Repaid)	160.4	96.6	582.7	12.3	91.16	-36.24
Issuance of Common Stock	92	72.6	366.4	4.5	15.85	83.61
Repurchase of Common Stock	-1	-1.5	-2.5	-2.8	-1.48	-0.98
Common Dividends Paid	-59.1	-54.2	-40	-35.2	-31.54	-27.16
Financing Cash Flow	192.3	113.5	906.6	-21.2	74	19.23
Net Cash Flow	0.2	3	-1.3	1.2	1.48	-3.49
Free Cash Flow	-197.9	-115.9	14.9	30.6	-36.42	-6.6
Free Cash Flow Growth	-	-	-51.31%	-	-	-
Free Cash Flow Margin	-22.33%	-14.72%	2.22%	4.50%	-6.39%	-1.35%
Free Cash Flow Per Share	-8.51	-5.14	0.81	1.72	-2.06	-0.39
Cash Interest Paid	73	73	30.5	24.3	20.81	22.88
Cash Income Tax Paid	9.4	9.4	21.9	-5	8.4	-8.14
Levered Free Cash Flow	-232.44	-169.16	23.64	18.5	-73.79	-32.07
Unlevered Free Cash Flow	-187.69	-126.41	46.7	33.75	-61.21	-18.47
Change in Working Capital	-61	0.9	30.1	-34.2	-27.91	-2.12

Source: S&P Global Market Intelligence. Utility template. Financial Sources.