MADISON GAS & ELECTRIC CO

For the period ended Jun 30, 2025. Filed Aug 6, 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.

Jun 30, 2025 · Filed Aug 6, 2025

MGEE$79.72-0.6%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets (unaudited)

	June 30,	December 31,
ASSETS	2025	2024
Current Assets:
Cash and cash equivalents	$3,525	$16,865
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	10,235	10,063
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	17,938	18,359
Regulatory assets - current	6,317	8,522
Other current assets	14,336	14,740
Total Current Assets	191,681	223,304
Regulatory assets	41,313	36,764
Pension and other post retirement benefit asset	138,063	132,264
Other deferred assets and other	17,921	25,690
Property, Plant, and Equipment:
Property, plant, and equipment, net	2,238,114	2,149,165
Construction work in progress	102,648	138,208
Total Property, Plant, and Equipment	2,340,762	2,287,373
Total Assets	$2,729,740	$2,705,395
LIABILITIES AND CAPITALIZATION
Current Liabilities:
Long-term debt due within one year	$5,358	$5,285
Short-term debt	5,500	—
Accounts payable	50,288	77,453
Accrued interest and taxes	9,885	11,866
Accrued payroll related items	13,696	15,870
Regulatory liabilities - current	15,812	7,966
Other current liabilities	9,087	7,418
Total Current Liabilities	109,626	125,858
Other Credits:
Deferred income taxes	279,789	280,961
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	68,267	67,463
Total Other Credits	686,257	676,035
Capitalization:
Common shareholder's equity	1,018,884	989,419
Noncontrolling interest	153,699	150,386
Total Equity	1,172,583	1,139,805
Long-term debt	761,274	763,697
Total Capitalization	1,933,857	1,903,502
Commitments and contingencies (see Footnote 8)
Total Liabilities and Capitalization	$2,729,740	$2,705,395

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.