MADISON GAS & ELECTRIC CO

For the period ended Mar 31, 2026. Filed May 5, 2026.

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, 2026 · Filed May 5, 2026

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

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Contents

Consolidated Balance Sheets (unaudited)

	March 31,	December 31,
ASSETS	2026	2025
Current Assets:
Cash and cash equivalents	$5,418	$2,248
Accounts receivable, less reserves of $9,800 and $8,578, respectively	59,014	57,558
Other accounts receivable, less reserves of $2,257 and $2,084, respectively	12,104	12,979
Unbilled revenues	31,597	42,770
Materials and supplies, at average cost	38,193	37,850
Fuel for electric generation, at average cost	11,242	11,010
Stored natural gas, at average cost	9,409	15,317
Prepaid taxes	14,208	18,748
Regulatory assets - current	10,996	8,879
Other current assets	15,852	17,225
Total Current Assets	208,033	224,584
Regulatory assets	45,488	42,758
Pension and other postretirement benefit asset	168,666	164,985
Other deferred assets and other	18,022	17,817
Property, Plant, and Equipment:
Property, plant, and equipment, net	2,282,145	2,279,927
Construction work in progress	326,399	292,969
Total Property, Plant, and Equipment	2,608,544	2,572,896
Total Assets	$3,048,753	$3,023,040
LIABILITIES AND CAPITALIZATION
Current Liabilities:
Long-term debt due within one year	$20,471	$21,633
Short-term debt	40,250	94,527
Accounts payable	56,911	117,658
Accrued interest and taxes	13,463	10,234
Accrued payroll related items	14,114	17,244
Regulatory liabilities - current	28,175	23,490
Other current liabilities	9,190	8,843
Total Current Liabilities	182,574	293,629
Other Credits:
Deferred income taxes	307,132	301,198
Investment tax credit - deferred	48,066	48,609
Regulatory liabilities	189,423	185,372
Accrued pension and other postretirement benefits	51,249	51,105
Asset retirement obligations	77,143	76,289
Other deferred liabilities and other	65,257	67,281
Total Other Credits	738,270	729,854
Capitalization:
Common shareholder's equity	1,089,421	1,050,564
Noncontrolling interest	158,144	156,788
Total Equity	1,247,565	1,207,352
Long-term debt	880,344	792,205
Total Capitalization	2,127,909	1,999,557
Commitments and contingencies (see Footnote 8)
Total Liabilities and Capitalization	$3,048,753	$3,023,040

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.