MADISON GAS & ELECTRIC CO
For the period ended Jun 30, 2025. Filed Aug 6, 2025.
View on SEC.govAbout 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.
Jun 30, 2025 · Filed Aug 6, 2025
MGEE$80.19-0.1%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 (unaudited)
| June 30, | December 31, | |
|---|---|---|
| ASSETS | 2025 | 2024 |
| Current Assets: | ||
| Cash and cash equivalents | $10,569 | $21,302 |
| Accounts receivable, less reserves of $8,586 and $6,905, respectively | 43,308 | 51,277 |
| Other accounts receivable, less reserves of $2,042 and $2,124, respectively | 10,239 | 10,067 |
| Unbilled revenues | 29,815 | 35,833 |
| Materials and supplies, at average cost | 37,958 | 36,187 |
| Fuel for electric generation, at average cost | 11,706 | 11,521 |
| Stored natural gas, at average cost | 16,543 | 19,937 |
| Prepaid taxes | 17,946 | 18,390 |
| Regulatory assets - current | 6,317 | 8,522 |
| Other current assets | 13,851 | 14,229 |
| Total Current Assets | 198,252 | 227,265 |
| Regulatory assets | 41,313 | 36,764 |
| Pension and other postretirement benefit asset | 138,063 | 132,264 |
| Other deferred assets and other | 18,505 | 26,285 |
| Property, Plant, and Equipment: | ||
| Property, plant, and equipment, net | 2,238,086 | 2,149,138 |
| Construction work in progress | 102,648 | 138,208 |
| Total Property, Plant, and Equipment | 2,340,734 | 2,287,346 |
| Investments | 123,670 | 118,035 |
| Total Assets | $2,860,537 | $2,827,959 |
| LIABILITIES AND CAPITALIZATION | ||
| Current Liabilities: | ||
| Long-term debt due within one year | $5,358 | $5,285 |
| Short-term debt | 5,500 | — |
| Accounts payable | 50,344 | 77,466 |
| Accrued interest and taxes | 10,048 | 11,558 |
| Accrued payroll related items | 13,696 | 15,870 |
| Regulatory liabilities - current | 15,812 | 7,966 |
| Other current liabilities | 9,079 | 7,418 |
| Total Current Liabilities | 109,837 | 125,563 |
| Other Credits: | ||
| Deferred income taxes | 316,017 | 316,397 |
| Investment tax credit - deferred | 49,702 | 44,988 |
| Regulatory liabilities | 164,177 | 163,336 |
| Accrued pension and other postretirement benefits | 50,583 | 50,155 |
| Asset retirement obligations | 73,739 | 69,132 |
| Other deferred liabilities and other | 65,235 | 64,553 |
| Total Other Credits | 719,453 | 708,561 |
| Capitalization: | ||
| Common shareholders' equity | 1,269,973 | 1,230,138 |
| Long-term debt | 761,274 | 763,697 |
| Total Capitalization | 2,031,247 | 1,993,835 |
| Commitments and contingencies (see Footnote 8) | ||
| Total Liabilities and Capitalization | $2,860,537 | $2,827,959 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.