Company: MSEX
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001174947-25-000251
Chunk: 540

Company: MIDDLESEX WATER CO
Filing Date: 2025-02-28
Form: 10-K
Item: Item 2
Chunk 540
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 (638) 
     (1,386)
  
    Materials and Supplies 
     253  
     (795) 
     (819)
  
    Prepayments 
     (589) 
     791  
     256 
  
    Accounts Payable 
     2,574  
     2,771  
     3,722 
  
    Accrued Taxes 
     1,441  
     (1,627) 
     3,541 
  
    Accrued Interest 
     (222) 
     603  
     549 
  
    Employee Benefit Plans 
     (3,696) 
     (1,340) 
     (4,266)
  
    Unearned Revenue and Advanced Service
    Fees 
     86  
     25  
     35 
  
    Recovered Costs Litigation
    Settlement 
     (9,031) 
     —  
     — 
  
    Other Assets and Liabilities 
     (1,219) 
     (677) 
     454 

    NET CASH PROVIDED BY OPERATING ACTIVITIES 
     58,730  
     52,782  
     61,361 
  
    CASH FLOWS FROM INVESTING ACTIVITIES: 

    Utility Plant Expenditures, Including AFUDC-Debt of $511 in 2024, $975 in 2023 and $927 in 2022 
     (74,622) 
     (90,179) 
     (91,335)
  
    Proceeds from Sale of Subsidiary 
     —  
     —  
     3,122 

    NET CASH USED IN INVESTING ACTIVITIES 
     (74,622) 
     (90,179) 
     (88,213)
  
    CASH FLOWS FROM FINANCING ACTIVITIES: 

    Redemption of Long-term Debt 
     (7,646) 
     (17,463) 
     (7,423)
  
    Proceeds from Issuance of Long-term Debt 
     2,296  
     75,812  
     2,662 
  
    Net Short-term Bank Borrowings 
     (19,750)