MGE Energy, Inc. (MGEE)

MGE Energy Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	131.05	120.57	117.7	110.95	105.76	92.42
Depreciation & Amortization	100.58	98.08	89.95	74.75	71.28	69.09
Other Amortization	10.5	10.5	10.4	10.8	5.7	5.1
Loss (Gain) on Equity Investments	-4.36	-3.64	-2.23	-2.05	-1.44	-1.59
Change in Accounts Receivable	-6.57	-6.57	11.17	-16.73	-24.65	-5.45
Change in Inventory	5.54	5.54	-0.85	-22.23	-6.34	-0.84
Change in Accounts Payable	2.65	6.49	-5.21	5.1	2.73	14.35
Change in Income Taxes	3.92	3.92	-3.18	1.08	-5.04	1.71
Change in Other Net Operating Assets	-2.8	8.26	2.76	-9.29	-6.93	-6.69
Other Operating Activities	13.48	7.32	15.28	-0.43	-5.1	2.93
Operating Cash Flow	281.3	277.78	237.56	153.74	137.53	172.44
Operating Cash Flow Growth	16.72%	16.93%	54.53%	11.79%	-20.25%	32.17%
Capital Expenditures	-237.06	-236.93	-222.07	-175.03	-153.17	-203.14
Investment in Securities	-7.5	-4.79	-7	-5.19	-4.03	-5.6
Other Investing Activities	-1.67	0.23	-0.95	0.07	0.22	-1.67
Investing Cash Flow	-246.23	-241.49	-230.02	-180.15	-156.98	-210.41
Short-Term Debt Issued	-	-	-	65	-	52.5
Long-Term Debt Issued	-	50	139.3	25	100	19.3
Total Debt Issued	33.7	50	139.3	90	100	71.8
Short-Term Debt Repaid	-	-38	-32.5	-	-47	-
Long-Term Debt Repaid	-	-5.15	-54.31	-4.89	-4.77	-38.96
Total Debt Repaid	-43.22	-43.15	-86.81	-4.89	-51.77	-38.96
Net Debt Issued (Repaid)	-9.52	6.85	52.49	85.11	48.23	32.84
Issuance of Common Stock	35.36	31.61	-	-	-	79.64
Common Dividends Paid	-65.54	-63.6	-60.39	-57.5	-54.79	-51.73
Other Financing Activities	-1.77	-1.69	-2.58	-2.07	-2.2	-1.55
Financing Cash Flow	-41.47	-26.83	-10.48	25.54	-8.76	59.19
Net Cash Flow	-6.4	9.47	-2.94	-0.87	-28.2	21.23
Free Cash Flow	44.25	40.86	15.49	-21.3	-15.64	-30.7
Free Cash Flow Growth	194.74%	163.78%	-	-	-	-
Free Cash Flow Margin	6.31%	6.19%	2.30%	-3.04%	-2.64%	-5.85%
Free Cash Flow Per Share	1.22	1.13	0.43	-0.59	-0.43	-0.86
Cash Interest Paid	34.31	34.31	29.53	25.96	23.5	23.9
Cash Income Tax Paid	-	-13.1	9.8	3.17	4	8.13
Levered Free Cash Flow	-19.58	-19.61	-24.55	-63.73	-47.99	-47.69
Unlevered Free Cash Flow	0.82	0.97	-5.53	-47.08	-32.92	-32.99
Change in Working Capital	21.25	36.15	4.7	-42.06	-40.23	3.08

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

SEC Filings: 10-K · 10-Q