MGE Energy, Inc. (MGEE)

MGE Energy Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	117.7	110.95	105.76	92.42	86.87
Depreciation & Amortization	100.35	85.55	76.98	74.19	71.56
Other Operating Activities	19.51	-42.77	-45.22	5.84	-27.96
Operating Cash Flow	237.56	153.74	137.53	172.44	130.48
Operating Cash Flow Growth	54.53%	11.79%	-20.25%	32.17%	-14.74%
Capital Expenditures	-222.07	-175.03	-153.17	-203.14	-164.04
Change in Investments	-7	-5.19	-4.03	-5.6	-7.81
Other Investing Activities	-0.95	0.07	0.22	-1.67	-0.51
Investing Cash Flow	-230.02	-180.15	-156.98	-210.41	-172.36
Dividends Paid	-60.39	-57.5	-54.79	-51.73	-47.84
Share Issuance / Repurchase	0	0	0	79.64	0
Debt Issued / Paid	52.49	85.11	48.23	32.84	32.45
Other Financing Activities	-2.58	-2.07	-2.2	-1.55	-1.84
Financing Cash Flow	-10.48	25.54	-8.76	59.19	-17.23
Net Cash Flow	-2.94	-0.87	-28.2	21.23	-59.12
Free Cash Flow	15.49	-21.3	-15.64	-30.7	-33.56
Free Cash Flow Margin	2.24%	-2.98%	-2.58%	-5.70%	-5.90%
Free Cash Flow Per Share	0.43	-0.59	-0.43	-0.86	-0.97

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).