Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 425

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1C
Chunk 425
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(20,810)
  
    Payment of Preferred Dividends 
     (109) 
     (120) 
     (120)
  
    Construction Advances and Contributions-Net 
     3,258  
     1,566  
     659 

    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     17,728  
     35,959  
     27,147 
  
    NET CHANGES IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 
     1,836  
     (1,438) 
     295 
  
    CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT BEGINNING OF PERIOD 
     2,390  
     3,828  
     3,533 
  
    CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 
    $4,226  
    $2,390  
    $3,828 

    SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITY: 

    Utility Plant received as Construction Advances and Contributions 
    $8,968  
    $7,259  
    $6,252 
  
    Accrued Payables for Utility Plant 
    $8,109  
    $10,251  
    $7,066 
  
    Non-Cash Consideration for Sale of Subsidiary 
    $—  
    $—  
    $2,100 
  
    Litigation Settlement Receivable 
    $(6,237) 
    $69,872  
    $— 
  
    Litigation Settlement Payable 
    $(6,237) 
    $6,237  
    $— 
  
    Conversion of Preferred Stock Into
    Common Stock 
    $449  
    $—  
    $— 

    SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION: 

       Cash Paid During the Year for: 

    Interest 
    $14,485  
    $12,762  
    $9,251 
  
    Interest Capitalized 
    $511  
    $975  
    $927 
  
    Income Taxes 
    $3,169  
    $2,962  
    $3,230 

See