Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 1286

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 1286
---
 cost) 
     6,719  
     6,972 

    Prepayments 
     2,422  
     1,833 

    TOTAL CURRENT ASSETS 
     42,973  
     108,536 

    OTHER ASSETS: 
    Operating Lease Right of Use Asset 
     2,567  
     3,185 

    Regulatory Assets 
     101,783  
     90,694 

    Non-utility Assets - Net 
     11,760  
     11,522 

    Employee Benefit Plans 
     36,856  
     21,779 

    Other 
     3,863  
     1,994 

    TOTAL OTHER ASSETS 
     156,829  
     129,174 

    TOTAL ASSETS 
    $1,255,174  
    $1,236,052 

    CAPITALIZATION AND LIABILITIES 

    CAPITALIZATION: 
    Common Stock, No Par Value 
    $248,202  
    $246,764 

    Retained Earnings 
     197,061  
     176,227 

    TOTAL
    COMMON STOCKHOLDERS’ EQUITY 
     445,263  
     422,991 

    Preferred Stock 
     1,635  
     2,084 

    Long-term Debt 
     352,822  
     358,153 

    TOTAL CAPITALIZATION 
     799,720  
     783,228 

    CURRENT 
    Current Portion of Long-term Debt 
     7,711  
     7,740 
  
    LIABILITIES: 
    Notes Payable 
     23,000  
     42,750 

    Accounts Payable 
     28,050  
     27,618 

    Litigation Settlement Payable 
     —  
     6,237 

    Accrued Taxes 
     11,976  
     10,535 

    Accrued Interest 
     2,916  
     3,138 

    Unearned Revenues and Advanced Service Fees 
     1,476  
     1,390 

    Other 
     7,759  
     4,421