Global Water Resources, Inc.
For the period ended Jun 30, 2025. Filed Aug 13, 2025.
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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.
Jun 30, 2025 · Filed Aug 13, 2025
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6. Utility Plant
- Utility Plant
Utility plant as of June 30, 2025 and December 31, 2024 consist of the following (in thousands):
| June 30, 2025 | December 31, 2024 | |
|---|---|---|
| Transmission and distribution plant | $342,068 | $321,075 |
| Equipment | 75,931 | 67,917 |
| Office buildings and other structures | 68,858 | 67,313 |
| Construction work-in-progress | 73,095 | 54,388 |
| Land | 2,315 | 2,300 |
| Total utility plant | $562,267 | $512,993 |
Depreciation expense related to depreciable property was $3.2 million and $2.9 million for the three months ended June 30, 2025 and 2024, respectively. Depreciation expense related to depreciable property was $6.4 million and $5.8 million for the six months ended June 30, 2025 and 2024, respectively.
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