MGE Energy, Inc. (MGEE)

MGE Energy 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	16.27	11.14	11.6	17.44	44.74	23.48
Accounts Receivable	70.82	79.92	98.49	81.02	68.9	66.38
Other Receivables	16.3	15.62	11.42	16.09	7.3	7.94
Inventory	70.6	72.65	74.28	51.96	47.27	45.28
Prepaid Expenses	17.93	22.31	19.13	20.21	15.18	16.89
Restricted Cash	0.79	0.86	0.87	0.85	0.64	0.62
Other Current Assets	29.52	35.71	27.69	11.8	25.5	21.05
Total Current Assets	222.23	238.2	243.48	199.37	209.52	181.64
Property, Plant & Equipment	2,201	2,136	1,979	1,887	1,775	1,643
Regulatory Assets	66.38	81.59	103.9	107.55	142.5	134.31
Other Intangible Assets	-	10.7	12.9	15.6	14.8	13.6
Long-Term Investments	114.81	112.82	105.88	98.75	94.68	88.49
Long-Term Deferred Charges	20.91	2.48	3.68	3.57	1.28	4.82
Other Long-Term Assets	99.02	93.9	68.87	60.33	15.5	15.44
Total Assets	2,725	2,675	2,518	2,372	2,254	2,082
Accounts Payable	49.83	65.45	59.33	64.15	54.64	55.16
Accrued Expenses	22.79	25.26	20.93	23.34	21.17	20
Short-Term Debt	59.8	38	70.5	5.5	52.5	-
Current Portion of Long-Term Debt	5.22	5.15	54.31	4.89	4.77	19.66
Current Portion of Leases	-	1.29	1.18	1.21	1.24	1.09
Other Current Liabilities	30.43	22.01	18.81	18.76	56.6	32.91
Total Current Liabilities	168.08	157.16	225.06	117.85	190.93	128.82
Long-Term Debt	716.46	718.82	585.25	614.21	519.3	523.74
Long-Term Leases	-	25.84	25.02	25.29	23.37	17.88
Pension & Post-Retirement Benefits	55.63	55.06	53.61	73.09	78.17	68.67
Long-Term Deferred Tax Liabilities	333.1	325.92	300.93	275.99	253.29	244.07
Other Long-Term Liabilities	283.74	252.59	246.06	238.02	212.59	242.82
Total Liabilities	1,557	1,535	1,436	1,344	1,278	1,226
Common Stock	36.18	36.16	36.16	36.16	36.16	34.67
Additional Paid-In Capital	397.61	396.75	395.66	394.9	394.41	316.27
Retained Earnings	733.84	707.16	649.85	596.4	545.43	504.74
Shareholders' Equity	1,168	1,140	1,082	1,027	976	855.68
Total Liabilities & Equity	2,725	2,675	2,518	2,372	2,254	2,082
Total Debt	781.48	789.09	736.26	651.1	601.18	562.37
Net Cash (Debt)	-765.21	-777.95	-724.65	-633.66	-556.45	-538.89
Net Cash Per Share	-21.14	-21.50	-20.03	-17.52	-15.63	-15.54
Filing Date Shares Outstanding	36.18	36.17	36.16	36.16	36.16	34.67
Total Common Shares Outstanding	36.18	36.16	36.16	36.16	36.16	34.67
Working Capital	54.15	81.04	18.42	81.52	18.59	52.82
Book Value Per Share	32.28	31.53	29.91	28.41	26.99	24.68
Tangible Book Value	1,168	1,129	1,069	1,012	961.2	842.08
Tangible Book Value Per Share	32.28	31.23	29.55	27.98	26.58	24.29
Machinery	-	2,828	2,619	2,540	2,426	2,276
Construction In Progress	-	110.09	105.75	50.6	139.1	112.48

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