SPIRE INC

For the period ended Mar 31, 2025. Filed Apr 30, 2025.

About this filing

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.

Mar 31, 2025 · Filed Apr 30, 2025

SR$89.44+0.7%Stored close · as of Nov 10, 2026

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Contents

Condensed Statements of Cash Flows

	Six Months Ended March 31,
(In millions)	2025	2024
Operating Activities:
Net Income	$166.3	$162.2
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	92.7	85.2
Deferred income taxes and investment tax credits	25.5	23.3
Changes in assets and liabilities:
Accounts receivable	(131.3)	(162.6)
Inventories	50.5	31.1
Regulatory assets and liabilities	146.7	276.5
Accounts payable	36.8	2.2
Delayed/advance customer billings, net	(56.0)	(46.7)
Taxes accrued	(12.3)	(13.2)
Other assets and liabilities	(40.2)	(10.2)
Other	0.5	0.8
Net cash provided by operating activities	279.2	348.6
Investing Activities:
Capital expenditures	(322.1)	(255.1)
Other	2.5	2.4
Net cash used in investing activities	(319.6)	(252.7)
Financing Activities:
Issuance of short-term debt, net	—	200.0
Repayments of borrowings from Spire, net	(34.0)	(296.7)
Issuance of common stock	74.4	—
Net cash provided by (used in) financing activities	40.4	(96.7)
Net Decrease in Cash and Cash Equivalents	—	(0.8)
Cash and Cash Equivalents at Beginning of Period	—	0.8
Cash and Cash Equivalents at End of Period	$—	$—
Supplemental disclosure of cash paid for:
Interest, net of amounts capitalized	$(56.5)	$(60.9)
Income taxes	(0.9)	(0.4)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.