SPIRE ALABAMA INC
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
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FY2025 · Filed Nov 14, 2025
SR$89.44+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Cash Flows
| (In millions) | 2025 | 2024 | 2023 |
|---|---|---|---|
| Operating Activities: | |||
| Net Income | $84.9 | $80.1 | $66.0 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 71.0 | 72.8 | 69.3 |
| Deferred income taxes | 28.4 | 26.9 | 20.3 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (0.5) | 8.0 | 27.1 |
| Inventories | (2.4) | 15.6 | 17.2 |
| Regulatory assets and liabilities | 2.7 | 49.3 | (49.5) |
| Accounts payable | 8.8 | 2.4 | (42.3) |
| Delayed/advance customer billings | (1.1) | 0.7 | (0.6) |
| Taxes accrued | (1.7) | 0.3 | 3.3 |
| Other assets and liabilities | (38.5) | (8.6) | 18.7 |
| Other | 0.9 | 0.4 | 0.4 |
| Net cash provided by operating activities | 152.5 | 247.9 | 129.9 |
| Investing Activities: | |||
| Capital expenditures | (144.2) | (112.8) | (117.6) |
| Other | 0.9 | 0.8 | 1.3 |
| Net cash used in investing activities | (143.3) | (112.0) | (116.3) |
| Financing Activities: | |||
| Issuance of long-term debt | — | — | 175.0 |
| Repayment of long-term debt | (35.0) | — | — |
| Borrowings (Repayments to) from Spire, net | 81.7 | (75.7) | (136.8) |
| Return of capital to Spire | (36.5) | (6.5) | (31.0) |
| Dividends paid | (18.6) | (53.4) | (21.0) |
| Other | (0.4) | — | (1.0) |
| Net cash used in financing activities | (8.8) | (135.6) | (14.8) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.4 | 0.3 | (1.2) |
| Cash and Cash Equivalents at Beginning of Year | 1.5 | 1.2 | 2.4 |
| Cash and Cash Equivalents at End of Year | $1.9 | $1.5 | $1.2 |
| Supplemental disclosure of cash paid for: | |||
| Interest, net of amounts capitalized | $(28.9) | $(32.9) | $(30.1) |
| Income taxes | — | — | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.