SPIRE INC
For the period ended Sep 30, 2024. Filed Nov 20, 2024.
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FY2024 · Filed Nov 20, 2024
SR$88.86+0.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| (Dollars in millions, except per share amounts) | 2024 | 2023 |
|---|---|---|
| ASSETS | ||
| Utility Plant | $8,779.1 | $8,210.1 |
| Less: Accumulated depreciation and amortization | 2,535.8 | 2,431.2 |
| Net Utility Plant | 6,243.3 | 5,778.9 |
| Non-utility Property (net of accumulated depreciation and amortization of $96.8 and $71.1 at September 30, 2024 and 2023, respectively) | 955.3 | 628.5 |
| Other Investments | 115.3 | 102.6 |
| Total Other Property and Investments | 1,070.6 | 731.1 |
| Current Assets: | ||
| Cash and cash equivalents | 4.5 | 5.6 |
| Accounts receivable: | ||
| Utility | 196.3 | 192.4 |
| Other | 112.5 | 128.6 |
| Allowance for credit losses | (31.4) | (32.5) |
| Delayed customer billings | 12.0 | 22.0 |
| Inventories: | ||
| Natural gas | 208.6 | 223.7 |
| Propane gas | 8.6 | 8.6 |
| Materials and supplies | 46.7 | 47.2 |
| Regulatory assets | 115.4 | 348.3 |
| Prepayments | 47.6 | 48.2 |
| Other | 50.5 | 84.8 |
| Total Current Assets | 771.3 | 1,076.9 |
| Deferred Charges and Other Assets: | ||
| Goodwill | 1,171.6 | 1,171.6 |
| Regulatory assets | 1,251.8 | 1,249.2 |
| Other | 352.1 | 305.9 |
| Total Deferred Charges and Other Assets | 2,775.5 | 2,726.7 |
| Total Assets | $10,860.7 | $10,313.6 |
SPIRE INC.
CONSOLIDATED BALANCE SHEETS (Continued)
| 2024 | 2023 | |
|---|---|---|
| CAPITALIZATION AND LIABILITIES | ||
| Capitalization: | ||
| Preferred stock ($25.00 par value per share; 10.0 million depositary shares authorized, issued and outstanding at September 30, 2024 and 2023) | $242.0 | $242.0 |
| Common stock (par value $1.00 per share; 70.0 million shares authorized; 57.7 million shares and 53.2 million shares issued and outstanding at September 30, 2024, and 2023, respectively) | 57.7 | 53.2 |
| Paid-in capital | 1,902.2 | 1,616.5 |
| Retained earnings | 1,018.7 | 958.0 |
| Accumulated other comprehensive income | 12.1 | 47.6 |
| Total Shareholders' Equity | 3,232.7 | 2,917.3 |
| Temporary equity | 8.6 | 16.5 |
| Long-term debt (less current portion) | 3,704.4 | 3,554.0 |
| Total Capitalization | 6,945.7 | 6,487.8 |
| Current Liabilities: | ||
| Current portion of long-term debt | 42.0 | 156.6 |
| Notes payable | 947.0 | 955.5 |
| Accounts payable | 237.2 | 253.1 |
| Advance customer billings | 48.4 | 20.9 |
| Wages and compensation accrued | 51.5 | 47.0 |
| Customer deposits | 29.9 | 27.7 |
| Taxes accrued | 105.2 | 104.1 |
| Regulatory liabilities | 49.5 | 7.3 |
| Other | 193.2 | 183.2 |
| Total Current Liabilities | 1,703.9 | 1,755.4 |
| Deferred Credits and Other Liabilities: | ||
| Deferred income taxes | 808.4 | 743.7 |
| Pension and postretirement benefit costs | 146.7 | 137.3 |
| Asset retirement obligations | 579.9 | 577.4 |
| Regulatory liabilities | 535.5 | 472.4 |
| Other | 140.6 | 139.6 |
| Total Deferred Credits and Other Liabilities | 2,211.1 | 2,070.4 |
| Commitments and Contingencies (Note 16) | ||
| Total Capitalization and Liabilities | $10,860.7 | $10,313.6 |
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