Global Water Resources Inc
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 5, 2025
GWRS$6.93-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(in thousands)
| Years Ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash Flows from Operating Activities: | ||
| Net income | $5,789 | $7,982 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 12,720 | 11,437 |
| Share-based compensation | 1,029 | 1,325 |
| Deferred income tax expense | 1,473 | 2,394 |
| (Gain) loss on disposal of fixed assets | 309 | (63) |
| Right of use amortization | 384 | 324 |
| Other adjustments | (767) | 112 |
| Changes in assets and liabilities | ||
| Accounts receivable and other current assets | (1,986) | (994) |
| Accounts payable and other current liabilities | (915) | (635) |
| Other noncurrent assets | 565 | 312 |
| Other noncurrent liabilities | 3,184 | 3,199 |
| Net cash provided by operating activities | 21,785 | 25,393 |
| Cash Flows from Investing Activities: | ||
| Capital expenditures | (32,324) | (22,312) |
| Cash paid for acquisitions, net of cash acquired | (150) | (6,246) |
| Other cash flows from investing activities | (4) | (40) |
| Net cash used in investing activities | (32,478) | (28,598) |
| Cash Flows from Financing Activities: | ||
| Dividends paid | (7,298) | (7,185) |
| Advances and contributions in aid of construction | 10,627 | 1,510 |
| Refunds of advances for construction | (1,355) | (1,171) |
| Payments for taxes related to net shares settlement of equity awards | (265) | (373) |
| Principal payments under finance lease | (273) | (525) |
| Repayments of notes payable | (3,923) | (3,833) |
| Line of credit borrowings | — | 2,315 |
| Line of credit repayments | (2,315) | — |
| Loan borrowings | 22,357 | 260 |
| Debt issuance costs paid | (418) | — |
| Proceeds from sale of stock | — | 2,748 |
| Other contributions | — | 6,700 |
| Other financing activities | (51) | (40) |
| Net cash provided by financing activities | 17,086 | 406 |
| Increase (Decrease) in cash, cash equivalents, and restricted cash | 6,393 | (2,799) |
| Cash, cash equivalents, and restricted cash — Beginning of period | 4,763 | 7,562 |
| Cash, cash equivalents, and restricted cash — End of period | $11,156 | $4,763 |
Supplemental disclosure of cash flow information:
| Year ended December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash and cash equivalents | $9,047 | $3,087 |
| Restricted cash | 2,109 | 1,676 |
| Total cash, cash equivalents, and restricted cash | $11,156 | $4,763 |
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