MDU RESOURCES GROUP INC
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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.
FY2024 · Filed Feb 20, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 15. Exhibits, Financial Statement Schedules
(a) Financial Statements, Financial Statement Schedules and Exhibits
Index to Financial Statements and Financial Statement Schedules
| 1. Financial Statements | |
|---|---|
| The following consolidated financial statements required under this item areincluded under Item 8 - Financial Statements and Supplementary Data. | Page |
| Consolidated Statements of Income for each of the three years in the period ended December 31, 2024 | 62 |
| Consolidated Statements of Comprehensive Income for each of the three years in the period ended December 31, 2024 | 63 |
| Consolidated Balance Sheets at December 31, 2024 and 2023 | 64 |
| Consolidated Statements of Equity for each of the three years in the period ended December 31, 2024 | 65 |
| Consolidated Statements of Cash Flows for each of the three years in the period ended December 31, 2024 | 66 |
| Notes to Consolidated Financial Statements | 67 |
| 2. Financial Statement Schedules | |
|---|---|
| The following financial statement schedules are included in Part IV of this report. | Page |
| Schedule I - Condensed Financial Information of Registrant (Unconsolidated) | |
| Condensed Statements of Income and Comprehensive Income for each of the three years in the period ended December 31, 2024 | 110 |
| Condensed Balance Sheets at December 31, 2024 and 2023 | 111 |
| Condensed Statements of Cash Flows for each of the three years in the period ended December 31, 2024 | 112 |
| Notes to Condensed Financial Statements | 113 |
All other schedules have been omitted because they are not applicable or the required information is included elsewhere in the financial statements or related notes.
| 3. Exhibits | 114 |
|---|
MDU Resources Group, Inc. Form 10-K 109
Index
Condensed Statements of Income and Comprehensive Income
| Years ended December 31, | 2024 | 2023 | 2022 |
|---|---|---|---|
| (In thousands) | |||
| Operating revenues | $— | $— | $— |
| Operating expenses | 4,416 | 9,668 | 1,636 |
| Operating loss | (4,416) | (9,668) | (1,636) |
| Realized gain on tax-free exchange of the retained shares in Knife River | — | 186,556 | — |
| Interest expense | 642 | 7,109 | — |
| Income (loss) before income taxes | (5,058) | 169,779 | (1,636) |
| Income tax benefit | (2,324) | (4,220) | (400) |
| Equity in earnings of subsidiaries from continuing operations | 183,807 | 156,118 | 118,488 |
| Income from continuing operations | 181,073 | 330,117 | 117,252 |
| Equity in earnings of subsidiaries from discontinued operations | 140,042 | 143,181 | 261,701 |
| Discontinued operations, net of tax | (40,007) | (58,591) | (11,464) |
| Net income | $281,108 | $414,707 | $367,489 |
| Comprehensive income | $282,694 | $414,600 | $377,910 |
110 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.