Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 996

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 6
Chunk 996
---
   197,061    176,227   TOTAL COMMON STOCKHOLDERS’ EQUITY  $445,263   $422,991                Cumulative Preferred Stock, No Par Value:            Shares Authorized - 120            Shares Outstanding - 2024 - 16; 2023 - 20               Convertible:            Shares Outstanding, $7.00 Series - 2024 - 5; 2023 - 10  $556   $1,005      Nonredeemable:            Shares Outstanding, $7.00 Series -   1   79    79   Shares Outstanding, $4.75 Series - 10   1,000    1,000   TOTAL PREFERRED STOCK  $1,635   $2,084                Long-term Debt:            First Mortgage Bonds, 0.00%-5.50%, due 2026-2059  $274,602   $278,374   Amortizing Secured Notes, 3.94%-7.05%, due 2028-2046   66,889    69,724   State Revolving Trust Notes, 0.00%-4.03%, due 2025-2047   17,895    16,638   SUBTOTAL LONG-TERM DEBT   359,386    364,736   Add: Premium on Issuance of Long-term Debt   6,339    6,529   Less: Unamortized Debt Expense   (5,192)   (5,372)  Less: Current Portion of Long-term Debt   (7,711)   (7,740)  TOTAL LONG-TERM DEBT  $352,822   $358,153  

See Notes to Consolidated Financial Statements.

43 

MIDDLESEX WATER COMPANY

CONSOLIDATED STATEMENTS OF COMMON STOCKHOLDERS' EQUITY

(In thousands)

    Common  
    Common  

    Stock  
    Stock  
    Retained  

    Shares  
    Amount  
    Earnings