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Midas Edge

SPIRE ALABAMA INC

For the period ended Mar 31, 2026. Filed May 6, 2026.

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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 6, 2026

SR$88.86+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 exhibits
Contents

Condensed Consolidated Balance Sheets

March 31,September 30,March 31,
(Dollars in millions, except per share amounts)202620252025
ASSETS
Utility Plant$11,818.1$9,330.4$9,077.2
Less: Accumulated depreciation and amortization3,058.02,577.42,575.1
Net Utility Plant8,760.16,753.06,502.1
Non-utility Property (net of accumulated depreciation and amortization of $118.6, $106.6 and $94.6 at March 31, 2026, September 30, 2025, and March 31, 2025, respectively)557.1568.1573.8
Other Investments127.3126.6116.6
Total Other Property and Investments684.4694.7690.4
Current Assets:
Cash and cash equivalents49.55.715.2
Accounts receivable:
Utility400.5191.9373.4
Other48.947.255.1
Allowance for credit losses(33.7)(28.8)(36.8)
Delayed customer billings51.113.637.4
Inventories:
Natural gas126.6192.8110.5
Propane gas8.68.68.6
Materials and supplies46.947.045.9
Regulatory assets78.778.342.3
Prepayments30.846.136.5
Other55.222.819.0
Assets held for sale725.3182.7200.9
Total Current Assets1,588.4807.9908.0
Deferred Charges and Other Assets:
Goodwill1,891.41,171.61,171.6
Regulatory assets1,394.11,323.51,287.2
Other351.8378.7348.2
Assets held for sale—445.9439.2
Total Deferred Charges and Other Assets3,637.33,319.73,246.2
Total Assets$14,670.2$11,575.3$11,346.7

CONDENSED CONSOLIDATED BALANCE SHEETS (Continued)

March 31,September 30,March 31,
202620252025
CAPITALIZATION AND LIABILITIES
Capitalization:
Preferred stock ($25.00 par value per share; 10.0 million depositary shares authorized, issued and outstanding at September 30, 2025 and March 31, 2025)$—$242.0$242.0
Common stock (par value $1.00 per share; 70.0 million shares authorized; 59.1 million, 59.0 million, and 59.0 million shares issued and outstanding at March 31, 2026, September 30, 2025, and March 31, 2025, respectively)59.159.059.0
Paid-in capital1,984.21,981.41,977.4
Retained earnings1,350.01,087.61,207.6
Accumulated other comprehensive income24.519.422.7
Total Shareholders' Equity3,417.83,389.43,508.7
Temporary equity7.26.19.3
Long-term debt (less current portion)5,762.03,369.43,348.5
Total Capitalization9,187.06,764.96,866.5
Current Liabilities:
Current portion of long-term debt238.1487.5392.5
Notes payable1,955.01,317.01,015.0
Accounts payable185.2156.3161.0
Advance customer billings10.758.116.1
Wages and compensation accrued38.449.237.1
Customer deposits38.432.832.2
Taxes accrued84.4107.580.3
Regulatory liabilities12.639.451.6
Other212.6176.5147.3
Liabilities associated with assets held for sale134.7124.2179.3
Total Current Liabilities2,910.12,548.52,112.4
Deferred Credits and Other Liabilities:
Deferred income taxes984.9887.4890.7
Pension and postretirement benefit costs48.574.7110.8
Asset retirement obligations590.6577.7586.8
Regulatory liabilities806.0578.0637.0
Other143.1136.7134.6
Liabilities associated with assets held for sale—7.47.9
Total Deferred Credits and Other Liabilities2,573.12,261.92,367.8
Commitments and Contingencies (Note 13)
Total Capitalization and Liabilities$14,670.2$11,575.3$11,346.7
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.