MDU RESOURCES GROUP INC
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
MDU$19.28+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Balance Sheets at December 31, 2023 and 2022
Index
Condensed Balance Sheets
| December 31, | 2023 | 2022 |
|---|---|---|
| (In thousands, except shares and per share amounts) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $33,039 | $19,486 |
| Receivables, net | 6,568 | 4,410 |
| Accounts receivable from subsidiaries | 30,526 | 53,285 |
| Prepayments and other current assets | 8,261 | 3,237 |
| Total current assets | 78,394 | 80,418 |
| Noncurrent assets | ||
| Investments | 37,722 | 50,206 |
| Investment in subsidiaries | 3,146,122 | 3,581,754 |
| Notes receivable from subsidiaries | 58,000 | — |
| Deferred income taxes | 12,596 | 12,668 |
| Operating lease right-of-use assets | 31 | 72 |
| Other | 2,593 | 2,068 |
| Total noncurrent assets | 3,257,064 | 3,646,768 |
| Total assets | $3,335,458 | $3,727,186 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $4,264 | $2,354 |
| Accounts payable to subsidiaries | 3,435 | 4,402 |
| Notes payable to subsidiaries | 134,107 | — |
| Taxes payable | 542 | 572 |
| Dividends payable | 25,461 | 45,246 |
| Accrued compensation | 9,651 | 4,312 |
| Operating lease liabilities due within one year | 25 | 42 |
| Other accrued liabilities | 8,008 | 17,907 |
| Total current liabilities | 185,493 | 74,835 |
| Noncurrent liabilities: | ||
| Long-term debt | 189,048 | — |
| Operating lease liabilities | 6 | 30 |
| Other | 55,678 | 65,192 |
| Total noncurrent liabilities | 244,732 | 65,222 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Common stockAuthorized - 500,000,000 shares, $1.00 par valueShares issued - 203,689,090 at December 31, 2023 and 204,162,814 at December 31, 2022 | 203,689 | 204,163 |
| Other paid-in capital | 1,466,235 | 1,466,037 |
| Retained earnings | 1,253,693 | 1,951,138 |
| Accumulated other comprehensive loss | (18,384) | (30,583) |
| Treasury stock at cost - 538,921 shares at December 31, 2022 | — | (3,626) |
| Total stockholders' equity | 2,905,233 | 3,587,129 |
| Total liabilities and stockholders' equity | $3,335,458 | $3,727,186 |
124 MDU Resources Group, Inc. Form 10-K
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.