Company: NC
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000789933-25-000041
Chunk: 29

Company: NACCO INDUSTRIES INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 general and administrative expenses, Amortization of intangible assets and Gain on sale of assets.

15

THREE MONTHS ENDEDSIX MONTHS ENDEDJUNE 30JUNE 302025202420252024Expenditures for property, plant and equipment and acquisition of mineral interestsUtility Coal Mining$1,433 $1,913 $2,050 $3,707 Contract Mining1,032 5,168 7,786 10,986 Minerals and Royalties— 10 807 146 Unallocated Items677 827 1,307 7,562 Total$3,142  $7,918 $11,950 $22,401 Depreciation, depletion and amortizationUtility Coal Mining$2,132 $2,896 $4,150 $5,110 Contract Mining2,917 2,434 5,619 4,690 Minerals and Royalties845 1,323 2,753 2,316 Unallocated Items197 354 362 583 Total$6,091 $7,007 $12,884 $12,699 JUNE 302025DECEMBER 312024 Total assetsUtility Coal Mining$117,201 $125,301 Contract Mining212,254 204,889 Minerals and Royalties96,247 99,905 Unallocated Items**205,610 201,592 Total$631,312 $631,687 **Unallocated Items consist primarily of Cash and cash equivalents, assets of growth businesses, Deferred income taxes and Investments in unconsolidated subsidiaries.

NOTE 8—Contingencies

Various legal and regulatory proceedings and claims have been or may be asserted against NACCO and certain subsidiaries relating to the conduct of their businesses. These proceedings and claims are incidental to the ordinary course of our business. Management believes that it has meritorious defenses and will vigorously defend us in these actions. Any costs that management estimates will be paid as a result of these claims are accrued when the liability is considered probable and the amount can be reasonably estimated. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. We do not accrue liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability