SPIRE INC
For the period ended Sep 30, 2024. Filed Nov 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
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
Statements of Cash Flows
| (In millions) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Operating Activities: | |||
| Net Income | $80.1 | $66.0 | $68.5 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 72.8 | 69.3 | 66.8 |
| Deferred income taxes | 26.9 | 20.3 | 23.2 |
| Changes in assets and liabilities: | |||
| Accounts receivable | 8.0 | 27.1 | (21.2) |
| Inventories | 15.6 | 17.2 | (42.5) |
| Regulatory assets and liabilities | 49.3 | (49.5) | (101.7) |
| Accounts payable | 2.4 | (42.3) | 26.3 |
| Delayed/advance customer billings | 0.7 | (0.6) | 0.5 |
| Taxes accrued | 0.3 | 3.3 | 0.8 |
| Other assets and liabilities | (8.6) | 18.7 | (3.7) |
| Other | 0.4 | 0.4 | 0.2 |
| Net cash provided by operating activities | 247.9 | 129.9 | 17.2 |
| Investing Activities: | |||
| Capital expenditures | (112.8) | (117.6) | (141.5) |
| Other | 0.8 | 1.3 | 0.8 |
| Net cash used in investing activities | (112.0) | (116.3) | (140.7) |
| Financing Activities: | |||
| Issuance of long-term debt | — | 175.0 | — |
| Repayment of long-term debt | — | — | (50.0) |
| (Repayments to) borrowings from Spire, net | (75.7) | (136.8) | 211.9 |
| Return of capital to Spire | (6.5) | (31.0) | (12.0) |
| Dividends paid | (53.4) | (21.0) | (24.0) |
| Other | — | (1.0) | — |
| Net cash (used in) provided by financing activities | (135.6) | (14.8) | 125.9 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 0.3 | (1.2) | 2.4 |
| Cash and Cash Equivalents at Beginning of Year | 1.2 | 2.4 | — |
| Cash and Cash Equivalents at End of Year | $1.5 | $1.2 | $2.4 |
| Supplemental disclosure of cash paid for: | |||
| Interest, net of amounts capitalized | $(32.9) | $(30.1) | $(21.0) |
| Income taxes | — | — | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.