MDU RESOURCES GROUP INC
For the period ended Sep 30, 2024. Filed Nov 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 7, 2024
MDU$19.25+3.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets --
Index
| MDU Resources Group, Inc. | |||
|---|---|---|---|
| Consolidated Balance Sheets | |||
| (Unaudited) | |||
| September 30, 2024 | September 30, 2023 | December 31, 2023 | |
| Assets · (In thousands, except shares and per share amounts) | |||
| Current assets: | |||
| Cash, cash equivalents and restricted cash | $104,016 | $32,493 | $76,975 |
| Receivables, net | 934,473 | 893,019 | 942,782 |
| Current regulatory assets | 241,008 | 169,248 | 172,492 |
| Inventories | 91,889 | 80,235 | 87,392 |
| Prepayments and other current assets | 96,434 | 63,805 | 84,082 |
| Retained shares in Knife River | — | 276,213 | — |
| Total current assets | 1,467,820 | 1,515,013 | 1,363,723 |
| Noncurrent assets: | |||
| Property, plant and equipment | 7,703,249 | 7,211,680 | 7,341,116 |
| Less accumulated depreciation and amortization | 2,322,543 | 2,191,514 | 2,220,206 |
| Net property, plant and equipment | 5,380,706 | 5,020,166 | 5,120,910 |
| Goodwill | 488,960 | 488,960 | 488,960 |
| Other intangible assets, net | 466 | 2,526 | 2,004 |
| Regulatory assets | 343,578 | 428,969 | 447,099 |
| Investments | 130,602 | 139,327 | 124,235 |
| Operating lease right-of-use assets | 90,439 | 75,729 | 74,363 |
| Other | 270,078 | 198,459 | 211,865 |
| Total noncurrent assets | 6,704,829 | 6,354,136 | 6,469,436 |
| Total assets | $8,172,649 | $7,869,149 | $7,833,159 |
| Liabilities and Stockholders' Equity | |||
| Current liabilities: | |||
| Short-term borrowings | $— | $306,400 | $95,000 |
| Long-term debt due within one year | 218,777 | 61,319 | 61,319 |
| Accounts payable | 489,100 | 414,479 | 475,215 |
| Taxes payable | 61,879 | 49,500 | 58,110 |
| Dividends payable | 26,024 | 25,455 | 25,461 |
| Accrued compensation | 97,041 | 94,230 | 85,512 |
| Operating lease liabilities due within one year | 28,133 | 23,112 | 22,884 |
| Regulatory liabilities due within one year | 157,068 | 45,013 | 70,761 |
| Other accrued liabilities | 203,353 | 154,147 | 181,471 |
| Total current liabilities | 1,281,375 | 1,173,655 | 1,075,733 |
| Noncurrent liabilities: | |||
| Long-term debt | 2,233,520 | 2,279,828 | 2,236,904 |
| Deferred income taxes | 453,155 | 526,654 | 458,548 |
| Asset retirement obligations | 397,952 | 384,083 | 384,371 |
| Regulatory liabilities | 463,790 | 495,112 | 521,050 |
| Operating lease liabilities | 62,569 | 52,908 | 51,645 |
| Other | 222,303 | 199,475 | 199,675 |
| Total noncurrent liabilities | 3,833,289 | 3,938,060 | 3,852,193 |
| Commitments and contingencies | |||
| Stockholders' equity: | |||
| Common stockAuthorized - 500,000,000 shares, $1.00 par valueShares issued - 203,888,237 at September 30, 2024, 203,638,373 atSeptember 30, 2023 and 203,689,090 at December 31, 2023 | 203,888 | 203,638 | 203,689 |
| Other paid-in capital | 1,470,429 | 1,462,939 | 1,466,235 |
| Retained earnings | 1,401,555 | 1,108,616 | 1,253,693 |
| Accumulated other comprehensive loss | (17,887) | (17,759) | (18,384) |
| Total stockholders' equity | 3,057,985 | 2,757,434 | 2,905,233 |
| Total liabilities and stockholders' equity | $8,172,649 | $7,869,149 | $7,833,159 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.