Company: MSEX
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001174947-25-000677
Chunk: 4

Company: MIDDLESEX WATER CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 4
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 INVESTING ACTIVITIES 
     (18,911) 
     (14,389)
  
    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Redemption of Long-term Debt 
     (1,587) 
     (1,539)
  
    Proceeds from Issuance of Long-term Debt 
     28  
     425 
  
    Net Short-term Bank Borrowings  
     11,000  
     15,250 
  
    Payment of Grantee Withholding Taxes in Exchange for Restricted Stock 
     (225) 
     (868)
  
    Proceeds from Issuance of Common Stock 
     221  
     252 
  
    Payment of Common Dividends 
     (6,081) 
     (5,738)
  
    Payment of Preferred Dividends 
     (22) 
     (30)
  
    Construction Advances and Contributions-Net 
     226  
     450 

    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     3,560  
     8,202 
  
    NET CHANGES IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 
     (1,569) 
     465 
  
    CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 
     4,226  
     2,390 
  
    CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 
    $2,657  
    $2,855 

    SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITY: 

    Utility Plant received as Construction Advances and Contributions 
    $1,500  
    $2,143 
  
    Accrued Payables for Utility Plant 
    $11,499  
    $8,657 
  
    Conversion of Preferred Stock into Common Stock 
    $21  
    $— 

    SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION: 

    Cash Paid During the 3 Months for: 

    Interest 
    $3,365  
    $3,943 
  
    Interest Capitalized 
    $154  
    $74 

See Notes to Condensed Consolidated Financial Statements.

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