← CALIFORNIA WATER SERVICE GROUP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $95.3m $51.4m $190.1m $127.8m
Net Income (Loss) Attributable to Parent $48.7m $67.2m $65.6m $63.1m $96.8m $101.1m $96.0m $51.9m $190.8m $128.2m
Net Income (Loss) Available to Common Stockholders, Basic $48.7m $67.2m $65.6m $63.1m $96.8m $101.1m $96.0m $51.9m $190.8m $128.2m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — $101.0m $95.3m $51.4m $190.1m $127.8m
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — ($146k) ($748k) ($535k) ($722k) ($363k)
Depreciation, Depletion and Amortization $65.2m $78.6m $85.7m $91.3m $100.9m $111.6m $117.4m $123.1m $134.1m $146.5m
Amortization of Intangible Assets $1.6m $1.6m $1.7m $1.5m $1.1m $1.4m $1.5m $1.5m $2.1m $2.4m
Depreciation Amortization Depletion — — — — — — $117.4m $123.1m $134.1m $146.5m
Deferred Income Tax Expense (Benefit) $26.7m $33.4m $15.9m $17.7m $12.0m $646k $4.5m ($6.8m) $29.7m $17.8m
Deferred Income Tax — — — — — — $26.9m $35.6m $40.4m $38.2m
Deferred Tax — — — — — — $26.9m $35.6m $40.4m $38.2m
Share-based Payment Arrangement, Noncash Expense $2.8m $3.1m $3.1m $6.7m $4.6m $6.8m $5.2m $3.0m $3.7m $5.0m
Share-based Payment Arrangement, Expense — — — $6.5m $4.4m $6.6m $4.9m $2.7m $3.5m $4.7m
Goodwill, Impairment Loss — — — — — — $0 $0 $0 $0
Asset Impairment Charge — — — — — $524k $702k ($536k) $1.3m —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($146k) $663k $50k $28k $0 $94k $0 $0 — —
Income (Loss) from Equity Method Investments $0 $0 $0 $0 — — — — — —
Income Tax Expense (Benefit) $26.8m $33.4m $15.9m $17.7m $12.0m $4.1m $6.4m ($6.8m) $42.5m $19.1m
Interest Expense Nonoperating — — — — — — — — $60.7m $70.4m
Other Nonoperating Income (Expense) $3.0m $6.5m ($7.1m) $4.9m $2.0m $17.4m $11.9m $24.1m $22.6m $24.2m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Payable $3.8m $1.6m $4.7m $10.7m $373k ($2.9m) ($7.6m) $9.9m $1.7m ($19.8m)
Asset Retirement Obligation, Accretion Expense — — — — — $1.7m $1.8m $2.2m $2.3m $2.3m
Gain (Loss) on Investments — — — — — $3.8m ($7.2m) $4.9m $3.6m $3.9m
Gain (Loss) Related to Litigation Settlement $1.5m — — — — — — — — —
General and Administrative Expense $98.5m $102.9m $100.8m $108.6m $117.1m $126.7m $132.7m $142.2m $139.5m $141.6m
Goodwill $2.6m $2.6m $2.6m $2.6m $31.8m $36.8m $36.8m $37.0m $37.1m $37.1m
Beginning Cash Position — — — — — — $80.7m $85.0m $85.0m $95.7m
Cash Flow From Continuing Financing Activities — — — — — — $96.1m $171.5m $194.7m $219.3m
Cash Flow From Continuing Investing Activities — — — — — — ($335.5m) ($389.4m) ($474.9m) ($520.1m)
Change In Account Payable — — — — — — ($7.6m) $9.9m $1.7m ($19.8m)
Change In Other Current Liabilities — — — — — — $7.9m ($346k) $2.8m $11.1m
Change In Other Working Capital — — — — — — $23.6m ($34.2m) ($79.3m) $25.2m
Change In Payable — — — — — — ($7.6m) $9.9m $1.7m ($19.8m)
Change In Payables And Accrued Expense — — — — — — ($7.6m) $9.9m $1.7m ($19.8m)
Change In Receivables — — — — — — ($46.2m) $39.5m ($50.4m) ($20.1m)
Change In Working Capital — — — — — — ($22.2m) $14.9m ($125.2m) ($3.6m)
Changes In Account Receivables — — — — — — ($40.7m) $42.7m ($42.3m) ($20.8m)
Changes In Cash — — — — — — $4.4m ($59k) $10.7m $1.7m
End Cash Position — — — — — — $85.0m $85.0m $95.7m $97.4m
Financing Cash Flow — — — — — — $96.1m $171.5m $194.7m $219.3m
Free Cash Flow — — — — — — ($84.0m) ($165.9m) ($179.9m) ($214.4m)
Gain Loss On Sale Of PPE — — — — — ($94k) $0 $0 — —
Investing Cash Flow — — — — — — ($335.5m) ($389.4m) ($474.9m) ($520.1m)
Issuance Of Capital Stock — — — — — — $106.7m $115.1m $89.0m $4.0m
Net Business Purchase And Sale — — — — — — $0 ($175k) ($1.6m) $0
Net PPE Purchase And Sale — — — — — $108k $0 $0 — —
Other Non Cash Items — — — — — — $20.6m ($10.2m) $47.6m ($11.4m)
Purchase Of Business — — — — — — $0 ($175k) ($1.6m) $0
Repurchase Of Capital Stock — — — — — — ($2.0m) ($1.8m) ($1.4m) ($1.4m)
Sale Of PPE — — — — — $108k $0 $0 — —
Stock Based Compensation — — — — — — $5.2m $3.0m $3.7m $5.0m
Net Cash Provided by (Used in) Operating Activities $159.7m $147.8m $179.0m $168.8m $117.9m $231.7m $243.8m $217.8m $290.9m $302.6m
Cash flows from investing activities:
Capital Expenditure — — — — — — ($327.8m) ($383.7m) ($470.8m) ($517.0m)
Capital Expenditure Reported — — — — — — ($327.8m) ($383.7m) ($470.8m) ($517.0m)
Payments to Acquire Businesses, Net of Cash Acquired — — — — $40.5m $6.5m $0 $175k $1.6m $0
Net Investment Purchase And Sale — — — — — $1.0m $0 $0 — —
Purchase Of Investment — — — — — $0 $0 — — —
Sale Of Investment — — — — — $1.0m $0 $0 — —
Payments for (Proceeds from) Other Investing Activities — — — — — — — — ($48k) $0
Net Other Investing Changes — — — — — — ($7.8m) ($5.5m) ($2.5m) ($3.1m)
Net Cash Provided by (Used in) Investing Activities ($230.8m) ($206.7m) ($273.1m) ($276.0m) ($346.1m) ($300.9m) ($335.5m) ($389.4m) ($474.9m) ($520.1m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $49.8m $0 $299.4m $398.2m $0 $278.9m $0 $0 $124.8m $368.2m
Issuance Of Debt — — — — — — $150.0m $227.8m $629.8m $918.2m
Long Term Debt Issuance — — — — — — $0 $0 $124.8m $368.2m
Net Issuance Payments Of Debt — — — — — — $29.6m $106.0m $148.9m $222.3m
Net Long Term Debt Issuance — — — — — — ($5.4m) ($1.8m) $123.9m $297.3m
Net Short Term Debt Issuance — — — — — — $35.0m $107.8m $25.0m ($75.0m)
Short Term Debt Issuance — — — — — — $150.0m $227.8m $505.0m $550.0m
Repayments of Long-term Debt $7.0m $26.8m $16.5m $405.6m $22.1m $5.4m $5.4m $1.8m $889k $70.9m
Long Term Debt Payments — — — — — — ($5.4m) ($1.8m) ($889k) ($70.9m)
Repayment Of Debt — — — — — — ($120.4m) ($121.8m) ($480.9m) ($695.9m)
Short Term Debt Payments — — — — — — ($115.0m) ($120.0m) ($480.0m) ($625.0m)
Proceeds from Issuance of Common Stock — $0 $0 $20.4m $83.6m $197.7m $106.7m $115.1m $89.0m $4.0m
Common Stock Issuance — — — — — — $106.7m $115.1m $89.0m $4.0m
Net Common Stock Issuance — — — — — — $104.7m $113.3m $87.6m $2.6m
Payments for Repurchase of Common Stock $744k $1.5m $1.6m $2.5m $1.7m $1.8m $2.0m $1.8m $1.4m $1.4m
Payments of Ordinary Dividends, Common Stock $33.1m $34.6m $36.0m $38.0m $41.8m $47.4m $54.2m $59.0m $65.5m $73.9m
Common Stock Payments — — — — — — ($2.0m) ($1.8m) ($1.4m) ($1.4m)
Cash Dividends Paid — — — — — — ($54.2m) ($59.0m) ($65.5m) ($73.9m)
Common Stock Dividend Paid — — — — — — ($54.2m) ($59.0m) ($65.5m) ($73.9m)
Proceeds from (Payments for) Other Financing Activities — — — — — — — — $3.2m $0
Net Other Financing Charges — — — — — — $16.0m $11.3m $23.7m $68.2m
Net Cash Provided by (Used in) Financing Activities $87.8m $128.1m $46.5m $102.7m $230.0m $104.7m $96.1m $171.5m $194.7m $219.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $16.6m $69.4m ($47.6m) ($4.4m) $1.8m $35.5m $4.4m ($59k) $10.7m $1.7m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $16.6m $69.4m $47.7m $43.3m $45.1m $80.7m $85.0m $85.0m $95.7m $97.4m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $4.4m ($59k) $10.7m $1.7m
Interest Paid, Excluding Capitalized Interest, Operating Activities $28.0m $32.2m $35.9m $41.0m $40.8m $41.6m $43.8m $49.1m $55.7m $61.1m
Income Taxes Paid, Net $1.3m ($3.7m) ($587k) ($3.5m) ($3.6m) ($2.7m) ($5.1m) ($3.5m) $27.0m $12.5m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.