SPIRE INC

For the period ended Dec 31, 2023. Filed Feb 1, 2024.

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.

Dec 31, 2023 · Filed Feb 1, 2024

SR$89.44+0.7%Stored close · as of Nov 10, 2026

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Contents

Condensed Statements of Cash Flows

	Three Months Ended December 31,
(In millions)	2023	2022
Operating Activities:
Net Income	$57.0	$47.3
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	42.1	38.6
Deferred income taxes and investment tax credits	9.6	8.1
Changes in assets and liabilities:
Accounts receivable	(190.9)	(208.5)
Inventories	(9.4)	24.4
Regulatory assets and liabilities	81.6	(61.5)
Accounts payable	34.6	66.4
Delayed/advance customer billings, net	4.4	(7.1)
Taxes accrued	(33.9)	(26.2)
Other assets and liabilities	54.1	13.2
Other	0.5	0.4
Net cash provided by (used in) operating activities	49.7	(104.9)
Investing Activities:
Capital expenditures	(144.7)	(102.0)
Other	1.5	1.0
Net cash used in investing activities	(143.2)	(101.0)
Financing Activities:
Borrowings from Spire, net	92.7	205.9
Net cash provided by financing activities	92.7	205.9
Net Decrease in Cash and Cash Equivalents	(0.8)	—
Cash and Cash Equivalents at Beginning of Period	0.8	—
Cash and Cash Equivalents at End of Period	$—	$—
Supplemental disclosure of cash paid for:
Interest, net of amounts capitalized	$(25.7)	$(21.0)
Income taxes	—	—

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.