Black Hills Corporation (BKH)

Black Hills Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	12.5	86.6	21.4	8.92	6.36	9.78
Accounts Receivable	205.4	350.3	508.2	321.65	265.96	255.81
Other Receivables	19.9	18.5	17.6	18.02	19.45	16.45
Inventory	155.4	160.9	207.4	150.98	117.4	117.17
Restricted Cash	7.1	6.4	5.6	4.89	4.38	3.88
Other Current Assets	199.2	203.9	311.5	303.68	79.75	70.1
Total Current Assets	599.5	826.6	1,072	808.13	493.29	473.18
Property, Plant & Equipment	7,470	7,119	6,798	6,449	6,020	5,508
Regulatory Assets	276.1	304.4	392.7	526.31	226.58	228.06
Goodwill	1,300	1,300	1,300	1,299	1,299	1,299
Other Intangible Assets	7.9	8.4	9.6	10.77	11.94	13.27
Long-Term Investments	-	-	-	-	2.18	-
Other Long-Term Assets	66.1	62.2	46.7	38.05	35.62	36.68
Total Assets	9,719	9,620	9,618	9,132	8,089	7,558
Accounts Payable	136.3	186.4	310	217.76	183.34	193.52
Accrued Expenses	232.5	217.3	195.8	195.95	191.43	170.86
Short-Term Debt	17.5	-	535.6	420.18	234.04	349.5
Current Portion of Long-Term Debt	-	600	525	-	8.44	5.74
Current Portion of Leases	-	-	-	-	-	1.18
Other Current Liabilities	149.9	181.4	100.3	67.83	79.29	90.49
Total Current Liabilities	536.2	1,185	1,667	901.71	696.53	811.29
Long-Term Debt	4,249	3,801	3,607	4,127	3,528	3,140
Long-Term Leases	-	-	-	-	-	3.82
Pension & Post-Retirement Benefits	122.9	123.9	116.7	123.93	150.56	154.47
Long-Term Deferred Tax Liabilities	603.3	548	508.9	465.39	408.62	360.72
Other Long-Term Liabilities	675.3	656.4	628.7	626.82	642.33	623.99
Total Liabilities	6,187	6,315	6,528	6,245	5,426	5,094
Common Stock	71.7	68.3	66.1	64.79	62.83	61.48
Additional Paid-In Capital	2,194	2,008	1,883	1,783	1,657	1,553
Retained Earnings	1,198	1,158	1,064	962.46	870.74	778.78
Treasury Stock	-5.9	-4.1	-2.4	-3.51	-2.12	-0.27
Comprehensive Income & Other	-10.6	-14.8	-15.6	-20.08	-27.35	-30.66
Total Common Equity	3,447	3,215	2,995	2,787	2,561	2,362
Minority Interest	85.6	90.5	95	100.03	101.26	101.95
Shareholders' Equity	3,532	3,306	3,090	2,887	2,663	2,464
Total Liabilities & Equity	9,719	9,620	9,618	9,132	8,089	7,558
Total Debt	4,266	4,401	4,668	4,547	3,771	3,500
Net Cash (Debt)	-4,254	-4,315	-4,647	-4,538	-3,764	-3,491
Net Cash Per Share	-61.60	-64.30	-71.48	-71.69	-60.29	-57.41
Filing Date Shares Outstanding	71.57	68.2	66.1	64.74	62.79	61.48
Total Common Shares Outstanding	71.58	68.2	66.1	64.74	62.79	61.48
Working Capital	63.3	-358.5	-595	-93.58	-203.24	-338.11
Book Value Per Share	48.15	47.15	45.31	43.05	40.79	38.42
Tangible Book Value	2,139	1,907	1,686	1,477	1,250	1,049
Tangible Book Value Per Share	29.89	27.97	25.50	22.81	19.91	17.07
Machinery	-	8,741	8,156	7,623	7,121	6,408
Construction In Progress	-	175.9	218.7	227.77	178.9	190.8

Source: S&P Capital IQ. Utility template. Financial Sources.