ALE · As filed with the SEC
Allete cash flow statement, by quarter
The statement as Allete presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENT OF CASH FLOWS Unaudited · USD
| USD | Q3 2025† 3 months ended Sep 30, 2025 | Q2 2025† 3 months ended Jun 30, 2025 | Q1 2025 3 months ended Mar 31, 2025 | Q4 2024† 3 months ended Dec 31, 2024 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | 13,300,000† | 6,600,000† | 34,700,000 | 32,300,000† |
| Adjustments to Reconcile Net Income to Cash provided by Operating Activities: | ||||
| AFUDC – Equity | (1,300,000)† | (1,300,000)† | (1,400,000) | (1,000,000)† |
| Income from Equity Investments – Net of Dividends | 200,000† | (400,000)† | 1,900,000 | (1,900,000)† |
| Gain on Investments and Property, Plant and Equipment | (500,000)† | (600,000)† | (700,000) | 500,000† |
| Depreciation Expense | 72,400,000† | 73,200,000† | 69,700,000 | 69,600,000† |
| Amortization of PSAs | (1,500,000)† | (1,400,000)† | (1,500,000) | — |
| Amortization of Other Intangible Assets and Other Assets | 1,600,000† | 1,700,000† | 1,700,000 | 1,700,000† |
| Deferred Income Tax Benefit | 600,000† | (3,200,000)† | (300,000) | (8,600,000)† |
| Share-Based and ESOP Compensation Expense | 2,200,000† | 2,300,000† | 1,700,000 | 1,100,000† |
| Defined Benefit Pension and Other Postretirement Plan Benefit | (900,000)† | (800,000)† | (900,000) | (3,500,000)† |
| Fuel Adjustment Clause | 300,000† | (3,600,000)† | 4,400,000 | (6,100,000)† |
| Bad Debt Expense | 500,000† | 0† | 300,000 | 300,000† |
| Provision for Interim Rate Refund | — | — | 5,000,000 | — |
| Provision (Payments) for Interim Rate Refund | 0† | — | — | 6,000,000† |
| Changes in Operating Assets and Liabilities | ||||
| Accounts Receivable | (16,900,000)† | 13,500,000† | 4,600,000 | (14,800,000)† |
| Inventories | (8,700,000)† | (9,500,000)† | (5,800,000) | 5,000,000† |
| Prepayments and Other | 14,900,000† | (14,100,000)† | 9,600,000 | (8,500,000)† |
| Accounts Payable | 2,800,000† | (4,400,000)† | 1,500,000 | 400,000† |
| Other Current Liabilities | 9,700,000† | (2,900,000)† | (17,100,000) | 12,600,000† |
| Renewable Tax Credit Sales | 4,900,000† | 9,800,000† | 12,500,000 | 2,700,000† |
| Cash Contributions to Defined Benefit Pension Plans | 0† | 0† | (19,100,000) | 0† |
| Changes in Regulatory and Other Non-Current Assets | 100,000† | (700,000)† | 5,600,000 | 3,700,000† |
| Changes in Regulatory and Other Non-Current Liabilities | 9,700,000† | 3,200,000† | 3,800,000 | (500,000)† |
| Cash provided by Operating Activities | 103,400,000† | 39,400,000† | 110,200,000 | 89,800,000† |
| Investing Activities | ||||
| Proceeds from Sale of Available-for-sale Securities | 500,000† | 1,100,000† | 1,400,000 | 300,000† |
| Payments for Purchase of Available-for-sale Securities | (1,300,000)† | (100,000)† | (1,300,000) | (500,000)† |
| Payments for Equity Method Investments | (7,000,000)† | (5,800,000)† | (5,500,000) | 0† |
| Additions to Property, Plant and Equipment | (277,600,000)† | (108,300,000)† | (154,400,000) | (124,600,000)† |
| Other Investing Activities | 2,800,000† | (400,000)† | (400,000) | 4,000,000† |
| Cash used in Investing Activities | (282,600,000)† | (113,500,000)† | (160,200,000) | (120,800,000)† |
| Financing Activities | ||||
| Proceeds from Issuance of Common Stock | 3,100,000† | 4,000,000† | 2,500,000 | 3,000,000† |
| Proceeds from Issuance of Short-Term and Long-Term Debt | 345,000,000† | 100,000,000† | 240,000,000 | 30,000,000† |
| Repayments of Short-Term and Long-Term Debt | (101,700,000)† | (31,900,000)† | (111,800,000) | (16,400,000)† |
| Proceeds from Non-Controlling Interest in Subsidiaries – Net | 2,200,000† | 7,900,000† | 2,000,000 | 0† |
| Distributions to Non-Controlling Interest | (1,600,000)† | (200,000)† | (300,000) | (600,000)† |
| Dividends on Common Stock | (42,400,000)† | (42,300,000)† | (42,300,000) | (40,800,000)† |
| Other Financing Activities | (2,100,000)† | 100,000† | (900,000) | 0† |
| Cash provided by (used in) Financing Activities | 202,500,000† | 37,600,000† | 89,200,000 | (24,800,000)† |
| Change in Cash, Cash Equivalents and Restricted Cash | 23,300,000† | (36,500,000)† | 39,200,000 | — |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | 57,900,000 | 94,400,000 | 55,200,000 | 111,000,000 |
| Cash, Cash Equivalents and Restricted Cash at End of Period | 81,200,000 | 57,900,000 | 94,400,000 | 55,200,000 |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.