RGC RESOURCES INC
For the period ended Sep 30, 2025. Filed Dec 4, 2025.
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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.
FY2025 · Filed Dec 4, 2025
RGCO$22.70-4.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
| 2025 | 2024 | |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $13,279,970 | $11,760,896 |
| Adjustments to reconcile net income to net cash provided by operations: | ||
| Depreciation and amortization | 11,470,641 | 10,518,094 |
| Cost of retirement of utility property | (512,872) | (576,771) |
| Stock-based compensation | 673,057 | 711,924 |
| Equity in earnings of unconsolidated affiliate | (3,234,632) | (3,851,871) |
| Distributions from unconsolidated affiliate | 3,644,542 | — |
| Donated property | (762,240) | (781,990) |
| Deferred income taxes | 318,673 | (121,781) |
| Other noncash items, net | 371,170 | 516,836 |
| Changes in assets and liabilities which provided (used) cash: | ||
| Accounts receivable and customer deposits, net | (293,609) | (275,196) |
| Inventories and gas in storage | 175,219 | 2,568,942 |
| Regulatory and other assets | 2,935,963 | (2,765,027) |
| Regulatory liabilities | (405,105) | (1,006,472) |
| Other | 1,287,372 | 736,041 |
| Net cash provided by operating activities | 28,948,149 | 17,433,625 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Additions to utility property | (20,730,140) | (22,094,406) |
| Investment in unconsolidated affiliates | (76,385) | (18,258) |
| Proceeds from disposal of utility property | 72,910 | 79,032 |
| Net cash used in investing activities | (20,733,615) | (22,033,632) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Borrowings under line-of-credit | 48,597,639 | 45,388,194 |
| Repayments under line-of-credit | (47,847,060) | (38,575,585) |
| Proceeds from issuance of unsecured notes | 17,529,215 | 10,855,000 |
| Retirement of notes payable | (18,180,000) | (10,175,000) |
| Debt issuance expenses | (184,300) | (101,206) |
| Proceeds from issuance of stock | 1,765,261 | 4,679,209 |
| Cash dividends paid | (8,469,105) | (8,088,851) |
| Net cash provided by (used in) financing activities | (6,788,350) | 3,981,761 |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS | 1,426,184 | (618,246) |
| BEGINNING CASH AND CASH EQUIVALENTS | 894,185 | 1,512,431 |
| ENDING CASH AND CASH EQUIVALENTS | $2,320,369 | $894,185 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Cash paid during the year for: | ||
| Interest | $6,350,032 | $6,273,144 |
| Income taxes | 4,195,000 | 2,940,000 |
| Significant noncash activities: | ||
| Accrued capital expenditures | 1,378,196 | 1,257,734 |
| Proceeds and retirement of borrowings with the same financial institution | 38,600,000 | — |
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