SPIRE INC
For the period ended Jun 30, 2024. Filed Jul 31, 2024.
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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, 2024 · Filed Jul 31, 2024
SR$89.44+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Nine Months Ended June 30, | ||
|---|---|---|
| (In millions) | 2024 | 2023 |
| Operating Activities: | ||
| Net income | $276.8 | $248.6 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 207.3 | 189.0 |
| Deferred income taxes and investment tax credits | 66.4 | 55.7 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (28.5) | 284.1 |
| Inventories | 49.5 | 179.3 |
| Regulatory assets and liabilities | 343.2 | (18.0) |
| Accounts payable | (24.5) | (405.6) |
| Delayed/advance customer billings, net | (8.6) | (48.5) |
| Taxes accrued | (15.5) | (2.3) |
| Other assets and liabilities | (42.6) | (88.4) |
| Other | 6.0 | 10.2 |
| Net cash provided by operating activities | 829.5 | 404.1 |
| Investing Activities: | ||
| Capital expenditures | (631.5) | (483.3) |
| Business acquisitions, net of cash acquired | (175.9) | (37.0) |
| Other | 5.4 | 3.9 |
| Net cash used in investing activities | (802.0) | (516.4) |
| Financing Activities: | ||
| Issuance of long-term debt | 175.0 | 755.0 |
| Repayment of long-term debt | (156.6) | (31.2) |
| Repayment of short-term debt, net | (184.5) | (479.9) |
| Issuance of common stock | 287.2 | 4.0 |
| Dividends paid on common stock | (124.3) | (112.5) |
| Dividends paid on preferred stock | (11.1) | (11.1) |
| Other | (5.3) | (7.5) |
| Net cash (used in) provided by financing activities | (19.6) | 116.8 |
| Net Increase in Cash, Cash Equivalents, and Restricted Cash | 7.9 | 4.5 |
| Cash, Cash Equivalents, and Restricted Cash at Beginning of Period | 25.8 | 20.5 |
| Cash, Cash Equivalents, and Restricted Cash at End of Period | $33.7 | $25.0 |
| Supplemental disclosure of cash paid for: | ||
| Interest, net of amounts capitalized | $(142.9) | $(118.2) |
| Income taxes | (0.9) | (1.8) |
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