SPIRE ALABAMA INC
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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FY2025 · Filed Nov 14, 2025
SR$88.86+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
| (Dollars in millions, except per share amounts) | 2025 | 2024 |
|---|---|---|
| ASSETS | ||
| Utility Plant | $3,052.9 | $2,966.6 |
| Less: Accumulated depreciation and amortization | 1,362.4 | 1,336.6 |
| Net Utility Plant | 1,690.5 | 1,630.0 |
| Other Property and Investments | 0.1 | 0.1 |
| Current Assets: | ||
| Cash and cash equivalents | 1.9 | 1.5 |
| Accounts receivable: | ||
| Utility | 34.8 | 35.5 |
| Associated companies | — | 0.4 |
| Other | 6.9 | 6.1 |
| Allowance for credit losses | (4.9) | (5.7) |
| Delayed customer billings | 9.0 | 5.7 |
| Inventories: | ||
| Natural gas | 39.4 | 37.3 |
| Materials and supplies | 19.0 | 18.7 |
| Regulatory assets | 16.1 | 19.2 |
| Prepayments | 7.7 | 10.7 |
| Total Current Assets | 129.9 | 129.4 |
| Deferred Charges and Other Assets: | ||
| Regulatory assets | 650.6 | 642.0 |
| Other | 99.2 | 94.8 |
| Total Deferred Charges and Other Assets | 749.8 | 736.8 |
| Total Assets | $2,570.3 | $2,496.3 |
BALANCE SHEETS (continued)
| 2025 | 2024 | |
|---|---|---|
| CAPITALIZATION AND LIABILITIES | ||
| Capitalization: | ||
| Common stock and paid-in capital (par value $0.01 per share; 3,000,000 shares authorized; 1,972,052 issued and outstanding at September 30, 2025 and 2024) | $242.9 | $279.4 |
| Retained earnings | 735.2 | 668.9 |
| Total Shareholder's Equity | 978.1 | 948.3 |
| Long-term debt (less current portion) | 711.7 | 711.3 |
| Total Capitalization | 1,689.8 | 1,659.6 |
| Current Liabilities: | ||
| Current portion of long-term debt | — | 35.0 |
| Notes payable – associated companies | 130.1 | 48.4 |
| Accounts payable | 43.3 | 38.0 |
| Accounts payable – associated companies | 5.4 | 6.7 |
| Advance customer billings | 13.1 | 10.9 |
| Wages and compensation accrued | 7.8 | 7.2 |
| Customer deposits | 22.3 | 20.8 |
| Taxes accrued | 33.1 | 34.8 |
| Regulatory liabilities | 20.3 | 33.8 |
| Other | 14.6 | 13.8 |
| Total Current Liabilities | 290.0 | 249.4 |
| Deferred Credits and Other Liabilities: | ||
| Deferred income taxes | 64.1 | 35.9 |
| Pension and postretirement benefit costs | 2.4 | 28.0 |
| Asset retirement obligations | 470.0 | 468.6 |
| Regulatory liabilities | 29.2 | 28.3 |
| Other | 24.8 | 26.5 |
| Total Deferred Credits and Other Liabilities | 590.5 | 587.3 |
| Commitments and Contingencies (Note 16) | ||
| Total Capitalization and Liabilities | $2,570.3 | $2,496.3 |
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