MDU RESOURCES GROUP INC
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
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19. Jointly Owned Facilities
Index
Note 19 -Jointly Owned Facilities
The consolidated financial statements include the Company's ownership interests in three coal-fired electric generating facilities (Big Stone Station, Coyote Station and Wygen III) and two major transmission lines (BSSE and JETx). Each owner of the jointly owned facilities is responsible for financing its investment. The Company's share of the jointly owned facilities operating expenses was reflected in the appropriate categories of operating expenses (electric fuel and purchased power; operation and maintenance; and taxes, other than income) in the Consolidated Statements of Income.
At December 31, the Company's share of the cost of utility plant in service, construction work in progress and related accumulated depreciation for the jointly owned facilities was as follows:
| Ownership Percentage | 2024 | 2023 | |
|---|---|---|---|
| (In thousands) | |||
| Big Stone Station: | 22.7% | ||
| Utility plant in service | $155,302 | $159,437 | |
| CWIP | 318 | 197 | |
| Less accumulated depreciation | 55,327 | 52,264 | |
| $100,293 | $107,370 | ||
| BSSE: | 50.0% | ||
| Utility plant in service | $111,043 | $107,260 | |
| CWIP | — | — | |
| Less accumulated depreciation | 10,359 | 8,111 | |
| $100,684 | $99,149 | ||
| Coyote Station: | 25.0% | ||
| Utility plant in service | $160,343 | $160,208 | |
| CWIP | 755 | 159 | |
| Less accumulated depreciation | 115,133 | 113,187 | |
| $45,965 | $47,180 | ||
| JETx: | 50.0% | ||
| Utility plant in service | $— | $— | |
| CWIP | 6,112 | 1,372 | |
| Less accumulated depreciation | — | — | |
| $6,112 | $1,372 | ||
| Wygen III: | 25.0% | ||
| Utility plant in service | $67,851 | $66,852 | |
| CWIP | 97 | 127 | |
| Less accumulated depreciation | 15,340 | 13,728 | |
| $52,608 | $53,251 | ||
MDU Resources Group, Inc. Form 10-K 101
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