AMERICAN STATES WATER CO

For the period ended Dec 31, 2023. Filed Feb 21, 2024.

About 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.

FY2023 · Filed Feb 21, 2024

AWR$90.12+0.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Balance Sheets - December 31, 202 and

BALANCE SHEETS

	December 31,
(in thousands)	2023	2022
Assets
Utility Plant, at cost	$2,082,927	$2,006,468
Less — accumulated depreciation	(543,135)	(530,925)
	1,539,792	1,475,543
Construction work in progress	195,742	141,175
Net utility plant	1,735,534	1,616,718
Other Property and Investments	40,480	34,655
	40,480	34,655
Current Assets
Cash and cash equivalents	3,195	370
Accounts receivable — customers, less allowance for doubtful accounts	31,018	23,107
Unbilled receivable	17,185	15,006
Other accounts receivable, less allowance for doubtful accounts	4,301	2,721
Intercompany receivable	380	621
Income taxes receivable from Parent	222	1,692
Materials and supplies	7,380	6,120
Regulatory assets — current	44,007	14,028
Prepayments and other current assets	4,544	4,464
Total current assets	112,232	68,129
Other Assets
Operating lease right-of-use assets	7,796	9,208
Regulatory assets	2,944	—
Other	17,169	12,598
Total other assets	27,909	21,806
Total Assets	$1,916,155	$1,741,308

BALANCE SHEETS

	December 31,
(in thousands)	2023	2022
Capitalization and Liabilities
Capitalization
Common shareholder’s equity	$703,828	$643,906
Long-term debt	540,738	411,748
Total capitalization	1,244,566	1,055,654
Current Liabilities
Long-term debt — current	353	399
Accounts payable	55,488	65,944
Accrued other taxes	12,658	14,501
Accrued employee expenses	11,502	11,233
Accrued interest	7,508	4,364
Operating lease liabilities	1,725	1,788
Other	10,715	10,152
Total current liabilities	99,949	108,381
Other Credits
Intercompany note payable	—	129,000
Notes payable to banks	150,000	—
Advances for construction	67,411	64,331
Contributions in aid of construction — net	151,414	147,918
Deferred income taxes	147,458	138,788
Regulatory liabilities	1,222	40,602
Unamortized investment tax credits	1,011	1,082
Accrued pension and other post-retirement benefits	32,309	33,421
Operating lease liabilities	6,568	7,878
Other	14,247	14,253
Total other credits	571,640	577,273
Commitments and Contingencies (Notes 14 and 15)
Total Capitalization and Liabilities	$1,916,155	$1,741,308

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.