SPIRE INC

For the period ended Mar 31, 2024. Filed May 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.

Mar 31, 2024 · Filed May 1, 2024

SR$88.86+0.1%Stored close · as of Nov 9, 2026

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Contents

Condensed Statements of Cash Flows

	Six Months Ended March 31,
(In millions)	2024	2023
Operating Activities:
Net Income	$162.2	$159.4
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	85.2	77.8
Deferred income taxes and investment tax credits	23.3	24.8
Changes in assets and liabilities:
Accounts receivable	(162.6)	(208.9)
Inventories	31.1	126.2
Regulatory assets and liabilities	276.5	0.6
Accounts payable	2.2	(31.5)
Delayed/advance customer billings, net	(46.7)	(75.4)
Taxes accrued	(13.2)	(3.2)
Other assets and liabilities	(10.2)	(47.4)
Other	0.8	0.8
Net cash provided by operating activities	348.6	23.2
Investing Activities:
Capital expenditures	(255.1)	(206.6)
Other	2.4	1.8
Net cash used in investing activities	(252.7)	(204.8)
Financing Activities:
Issuance of long-term debt	—	400.0
Issuance of short-term debt, net	200.0	200.0
Repayments of borrowings from Spire, net	(296.7)	(384.5)
Dividends paid	—	(30.0)
Other	—	(3.9)
Net cash (used in) provided by financing activities	(96.7)	181.6
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	$(60.9)	$(44.1)
Income taxes	(0.4)	—

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.