BKH Stock Cash Flow Statements

Black Hills Quarterly Cash Flow Statements Chart

Quarterly

Annual

Operating Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Black Hills Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-03-31	2012-09-30	2011-12-31	2011-03-31	2010-03-31	2009-09-30

operating activities:
net income	28,800,000	136,400,000	101,100,000	26,400,000	24,600,000	131,600,000	83,316,000	48,760,000	26,544,000	117,380,000	76,054,000	37,834,000	35,846,000	121,024,000	74,324,000	48,162,000	28,287,000	100,487,000	80,496,000	40,349,000	24,694,000	97,224,000	72,872,000	15,395,000	17,693,000	107,362,000	90,344,000	20,944,000	24,740,000	136,634,000	54,221,000	31,598,000	25,311,000	80,146,000																25,593,000	26,910,000	31,434,000	-2,180,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	69,800,000	69,200,000	68,300,000	69,300,000	66,600,000	65,900,000
deferred financing cost amortization	1,900,000	2,400,000	2,500,000	2,700,000	2,800,000	2,700,000	3,172,000	2,075,000	2,443,000	2,410,000	2,413,000	2,477,000	2,478,000	2,475,000	3,076,000	-489,000	2,167,000	2,214,000	2,360,000	1,277,000	2,009,000	2,237,000	1,512,000	2,107,000	2,212,000	2,007,000	2,163,000	1,988,000	1,794,000	1,900,000	2,049,000	2,074,000	2,448,000	1,690,000	2,178,000	1,145,000	1,191,000	1,666,000	3,290,000	1,955,000	600,000	519,000	519,000	501,000	539,000	568,000	3,554,000	1,095,000	1,251,000
stock compensation	3,100,000	2,600,000	2,400,000	2,800,000	3,000,000	2,400,000	2,437,000	252,000	2,527,000	1,784,000	1,772,000	2,945,000	196,000	3,638,000	2,410,000	2,201,000	1,787,000	3,257,000	2,677,000	1,583,000	822,000	291,000	3,763,000	1,239,000	3,797,000	3,296,000	4,846,000	2,323,000	3,012,000	2,209,000	32,000	1,005,000	3,498,000	3,091,000	1,761,000	2,070,000	2,593,000	4,461,000	1,208,000	-230,000	1,015,000	2,083,000	2,351,000	70,000	3,192,000	3,716,000	3,495,000	3,778,000	2,705,000	712,000	2,370,000	989,000
deferred income taxes	4,300,000	33,200,000	12,400,000	3,000,000	19,900,000	16,700,000	9,286,000	6,911,000	-5,655,000	14,858,000	9,530,000	2,202,000	-602,000	14,462,000	1,417,000	5,152,000	539,000	153,000	9,589,000	2,101,000	4,525,000	21,876,000	13,639,000	2,446,000	2,333,000	19,602,000	-9,843,000	7,023,000	4,011,000	-25,430,000	16,320,000	13,519,000	8,958,000	42,195,000	-2,361,000	5,972,000	27,000	32,579,000	-5,220,000	-14,531,000	-28,325,000	22,048,000	20,995,000	12,493,000	9,561,000	25,953,000	8,919,000	20,541,000	17,518,000	7,320,000	25,679,000	3,492,000	5,185,000
employee benefit plans	3,400,000	2,200,000	2,300,000	3,300,000	2,600,000	3,000,000	3,571,000	2,031,000	2,877,000	3,021,000	2,782,000	1,294,000	210,000	1,173,000	2,811,000	1,845,000	2,630,000	2,304,000	2,703,000	3,638,000	4,421,000	1,235,000	4,441,000	2,282,000	2,546,000	3,137,000	3,427,000	3,730,000	3,533,000	3,378,000	1,671,000	2,753,000	2,475,000	3,242,000	2,461,000	4,048,000	4,316,000	3,466,000	5,441,000	4,708,000	5,184,000	5,283,000	3,705,000	3,700,000	3,706,000	3,703,000	5,550,000	5,548,000	5,245,000	3,656,000	3,642,000	3,940,000
other adjustments	-400,000	3,300,000	-2,300,000	2,200,000	-3,700,000	-300,000	8,799,000	655,000	-3,938,000	-2,816,000	5,523,000	-754,000	-14,826,000	5,337,000	4,310,000	-7,787,000	4,344,000	6,151,000	3,759,000	4,231,000	2,787,000	892,000	7,293,000	201,000	4,563,000	4,428,000	-1,832,000	2,784,000	1,831,000	3,053,000	777,000	965,000	-4,212,000	-2,303,000	-3,442,000	-361,000	3,285,000	-5,000,000	-8,885,000	293,000	-3,028,000	6,748,000	12,399,000	535,000	-3,709,000	5,190,000	392,000	3,614,000	-753,000		-1,599,000
changes in certain operating assets and liabilities:
materials, supplies and fuel	-16,900,000	25,300,000	2,300,000	-18,100,000	-1,400,000	30,400,000	7,854,000	-29,476,000	-3,100,000	76,122,000	13,002,000	-81,412,000	-41,988,000	34,995,000	-5,759,000	-33,922,000	-11,958,000	15,932,000	13,660,000	-18,408,000	-11,719,000	19,222,000	6,178,000	-19,037,000	-14,476,000	29,387,000	5,461,000	-26,872,000	-12,704,000	31,196,000	9,471,000	-27,280,000	-14,725,000	22,445,000	6,265,000	-22,888,000	-8,100,000	25,822,000	3,579,000	-16,600,000	-5,471,000	25,689,000	12,685,000	-24,562,000	-14,977,000	22,291,000	6,752,000	18,519,000	-19,524,000	-33,977,000	79,717,000	21,755,000
accounts receivable and other current assets	127,400,000	-42,600,000	-149,600,000	6,800,000	128,400,000	-11,300,000	-98,264,000	35,944,000	238,091,000	28,729,000	-248,728,000	8,639,000	126,882,000	-71,241,000	-140,518,000	8,835,000	100,112,000	-11,599,000	-86,803,000	2,658,000	65,131,000	8,171,000																												-33,833,000	-35,605,000	24,044,000	-7,600,000
accounts payable and other current liabilities	-37,300,000	-56,000,000	90,600,000	15,600,000	-17,800,000	-59,600,000	76,600,000	14,889,000	-74,156,000	-127,233,000	83,442,000	30,093,000	-15,708,000	-8,422,000	30,754,000	39,546,000	-36,038,000	-23,602,000	35,795,000	51,949,000	-19,788,000	-43,297,000																								29,074,000	39,110,000	-13,637,000	32,973,000	42,398,000	-73,302,000	-24,716,000	10,171,000
regulatory assets	5,300,000	52,600,000	28,400,000	-8,200,000	15,000,000	54,800,000	37,707,000	12,394,000	32,033,000	154,666,000	85,539,000	-9,985,000	29,787,000	98,528,000	44,702,000	-18,680,000	-7,703,000	-533,006,000																														9,463,000	1,011,000	-9,666,000	33,966,000	3,277,000
other operating activities	-800,000	-800,000	-5,200,000	-3,700,000	-9,400,000	-2,900,000	-11,695,000	-8,332,000	-6,054,000	-1,819,000	-3,114,000	-5,095,000	-8,494,000	1,689,000	1,586,000	1,415,000	-2,479,000	-355,000	3,145,000	2,660,000	-14,000	-1,138,000	2,694,000	6,168,000	-4,657,000	1,796,000	4,682,000	3,379,000	-1,094,000	-278,000	-5,466,000	-897,000	1,147,000	-3,202,000	6,773,000	-3,114,000	4,605,000	-7,489,000	-2,631,000	-9,618,000	4,873,000	-1,658,000	-3,354,000	-1,771,000	3,880,000	1,978,000	-4,447,000	-4,892,000	3,671,000	-10,427,000	4,613,000	-5,335,000	-2,065,000
net cash from operating activities	188,600,000	227,800,000	153,200,000	102,100,000	230,600,000	233,400,000	188,348,000	150,981,000	276,326,000	328,745,000	90,514,000	52,257,000	177,909,000	264,121,000	80,195,000	105,413,000	135,913,000	-386,086,000	122,404,000	110,453,000	117,037,000	191,969,000	119,438,000	96,296,000	113,886,000	175,893,000	110,089,000	68,021,000	140,826,000	169,875,000	108,831,000	56,561,000	116,029,000	146,840,000	95,786,000	1,902,000	84,438,000	138,337,000	62,131,000	111,465,000	102,921,000	151,487,000	84,300,000	65,322,000	75,737,000	98,098,000	72,863,000	109,232,000	92,968,000	17,177,000	111,271,000	88,919,000	24,687,000
capex	0	0	0	0	0	37,700,000	0	0	0	42,102,000	0	0	0	39,559,000	0	0	0	51,914,000	0	0	0	53,011,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	188,600,000	227,800,000	153,200,000	102,100,000	230,600,000	271,100,000	188,348,000	150,981,000	276,326,000	370,847,000	90,514,000	52,257,000	177,909,000	303,680,000	80,195,000	105,413,000	135,913,000	-334,172,000	122,404,000	110,453,000	117,037,000	244,980,000	119,438,000	96,296,000	113,886,000	175,893,000	110,089,000	68,021,000	140,826,000	169,875,000	108,831,000	56,561,000	116,029,000	146,840,000	95,786,000	1,902,000	84,438,000	138,337,000	62,131,000	111,465,000	102,921,000	151,487,000	84,300,000	65,322,000	75,737,000	98,098,000	72,863,000	109,232,000	92,968,000	17,177,000	111,271,000	88,919,000	24,687,000
investing activities:
property, plant and equipment additions	-218,900,000	-152,900,000	-213,700,000	-188,100,000	-166,200,000	-176,200,000	-133,830,000	-160,031,000	-142,634,000	-119,105,000	-138,063,000	-172,499,000	-157,024,000	-136,779,000	-179,643,000	-178,373,000	-173,174,000	-146,302,000	-231,411,000	-187,680,000	-176,431,000	-171,882,000	-225,839,000	-274,851,000	-173,560,000	-144,126,000	-179,392,000	-121,384,000	-86,776,000	-69,972,000	-69,872,000	-92,370,000	-94,459,000	-69,309,000	-140,685,000	-134,244,000	-115,969,000	-83,885,000	-106,010,000	-142,999,000	-88,949,000	-117,523,000	-108,195,000	-112,997,000	-93,693,000	-83,609,000	-115,264,000	-63,939,000	-112,607,000	-112,202,000	-122,544,000	-81,290,000	-81,506,000
other investing activities	-2,100,000	-2,300,000	-300,000	-3,200,000	2,400,000	-700,000	915,000	1,618,000	-1,233,000	17,600,000	504,000	-2,437,000	3,483,000	-1,065,000	-481,000	4,004,000	9,661,000	78,000	-529,000	7,681,000	-210,000	-1,202,000	2,901,000	-1,124,000	1,290,000	-901,000	-7,047,000	3,139,000	-112,000	-261,000	715,000	-228,000	163,000	-185,000	-279,000	-211,000	-320,000	-329,000	8,251,000	-6,537,000	-304,000	-348,000	-289,000	630,000	226,000	-3,220,000	2,625,000	1,030,000	962,000	-5,584,000	786,000	-2,865,000	6,896,000
net cash (used in) investing activities	-221,000,000	-155,200,000	-214,000,000	-191,300,000	-163,800,000	-176,900,000	-132,915,000	-158,413,000	-143,867,000	-101,505,000	-137,559,000	-174,936,000	-153,541,000	-137,844,000	-180,124,000	-174,369,000	-163,513,000	-146,224,000	-231,940,000	-179,999,000	-176,641,000	-173,084,000
financing activities:
dividends paid on common stock	-49,000,000	-48,600,000	-46,500,000	-46,500,000	-44,900,000	-44,400,000	-42,654,000	-42,332,000	-41,752,000	-41,362,000	-40,873,000	-38,714,000	-38,603,000	-38,533,000	-38,066,000	-35,865,000	-35,578,000	-35,514,000	-35,440,000	-33,559,000	-33,538,000	-32,902,000	-32,868,000	-30,827,000	-30,620,000	-30,332,000	-30,282,000	-25,430,000	-25,435,000	-25,444,000	-25,410,000	-23,790,000	-23,790,000	-23,754,000	-22,323,000	-21,982,000	-21,728,000	-21,537,000	-18,154,000	-18,158,000	-18,144,000	-18,148,000	-17,418,000	-17,415,000	-17,404,000	-17,399,000	-16,909,000	-16,882,000	-16,321,000
common stock issued	19,400,000	45,600,000	-200,000	108,600,000	41,800,000	31,200,000	10,920,000	52,691,000	27,306,000	27,383,000	70,017,000	-68,000	16,304,000	3,791,000	56,002,000	22,940,000			-38,000	-119,000	114,000	99,321,000	-3,000	29,602,000	51,810,000	19,949,000	299,755,000	5,000	702,000	372,000	846,000	597,000	794,000	2,171,000	13,929,000	50,200,000	49,669,000	7,821,000	246,275,000	782,000	703,000	999,000	858,000	700,000	812,000	881,000	748,000	1,231,000	2,325,000	120,842,000	605,000	1,522,000	785,000
net borrowings (payments) of revolving credit facility and cp program	63,800,000	-73,900,000	116,300,000				0	0	0	-535,600,000	34,250,000	166,300,000	-6,430,000	-78,700,000	87,655,000
long-term debt - issuance			0	0			0	450,000,000	0	350,000,000
distributions to non-controlling interests	0	-3,800,000	-4,900,000	-2,500,000	-4,400,000	-5,600,000	-5,409,000	-3,874,000	-4,523,000	-4,494,000
other financing activities	-100,000	-1,200,000	-100,000	0	-7,300,000	-1,000,000	-807,000	-7,098,000	-73,000	-5,022,000	-716,000	-35,000	2,560,000	-878,000	-1,267,000	-3,069,000	1,031,000	-740,000	-542,000	-45,000	-5,083,000	-1,391,000	-14,745,000	-44,000	-291,000	-1,657,000	-803,000	-8,930,000	-127,000	-1,400,000	-200,000	-60,000	-104,000	-6,555,000	-6,675,000	-16,490,000	2,614,000	-2,409,000	-1,759,000	-5,062,000	-562,000	-1,900,000	21,365,000	-440,000	-1,322,000	-2,451,000			-5,666,000	-1,481,000	-14,000	-463,000	-1,615,000
net cash from financing activities			64,600,000	-522,900,000			-562,950,000				56,938,000	124,409,000	-30,353,000	-118,740,000	98,805,000	78,156,000	15,409,000	539,496,000	109,063,000	45,045,000	37,153,000	25,621,000	100,383,000	186,210,000	52,909,000	-39,292,000	84,892,000	51,752,000	-73,045,000	-80,656,000	-45,583,000	37,957,000	-21,496,000	-79,573,000	50,000	78,712,000	93,602,000	668,634,000	475,292,000	-10,298,000	10,157,000	8,551,000	55,805,000	21,945,000	14,786,000	-1,469,000	33,980,000	-49,388,000	-20,891,000	86,957,000	22,065,000	12,253,000	65,351,000
net change in cash, restricted cash and cash equivalents	1,700,000	-9,300,000	3,800,000	-612,100,000	502,000,000	36,700,000	-507,517,000	441,955,000	113,417,000	18,145,000	9,893,000	1,730,000	-5,985,000	7,537,000	-1,124,000	9,200,000	-12,191,000	7,186,000	-473,000	-24,501,000	-22,451,000	44,506,000
cash, restricted cash, and cash equivalents beginning of period	0	23,400,000
cash, restricted cash, and cash equivalents end of period	1,700,000	14,100,000
supplemental cash flow information:
cash (paid) received during the period:
interest	-52,000,000	-48,800,000	-51,900,000	-33,000,000	-55,900,000	-33,600,000	-48,487,000	-33,306,000	-47,938,000	-27,569,000									-49,096,000	-20,004,000	-45,673,000	-21,776,000																															8,342,000
income taxes, net of transferred tax credits	-1,300,000	15,200,000		-100,000
non-cash investing and financing activities:
accrued property, plant, and equipment purchases at june 30,
net cash (used in) financing activities		-81,900,000				-19,800,000			-19,042,000	-209,095,000
accrued property, plant, and equipment purchases at march 31,		86,800,000
change in certain operating assets and liabilities:
long-term debt - repayments			0												0	-7,000,000	0	-1,436,000	-1,434,000	-1,436,000	-1,436,000	-4,291,000	-601,436,000	-1,436,000	-301,435,000	-1,436,000	-251,436,000	-600,436,000	-1,435,000	-1,436,000	-1,436,000	-51,436,000	-51,435,000	-1,436,000	-1,436,000	-1,121,436,000			0	0			0				-339,726,000	-1,737,000	-1,229,000	-2,213,000	-2,155,000	-33,217,000
cash, restricted cash and cash equivalents beginning of year
cash, restricted cash and cash equivalents end of year
income taxes net of transferred tax credits
accrued property, plant and equipment purchases at december 31
increase in capitalized assets associated with asset retirement obligations
accrued property, plant, and equipment purchases at september 30,
cash, restricted cash and cash equivalents beginning of period					0	93,000,000		0	0	26,985,000
cash, restricted cash and cash equivalents end of period					502,000,000	129,700,000		441,955,000	113,417,000	45,130,000
cash (paid) refunded during the period:
accrued property, plant and equipment purchases at june 30,
accrued property, plant and equipment purchases at march 31,						37,700,000				42,102,000
depreciation, depletion and amortization							65,565,000	64,878,000	64,714,000	61,643,000	62,299,000	64,019,000	64,128,000	60,463,000	61,082,000	59,159,000	58,443,000	57,269,000	55,044,000	56,348,000	56,663,000	56,402,000	54,613,000	51,884,000	51,595,000	51,028,000	49,983,000	49,046,000	48,709,000	48,590,000	41,502,000	49,434,000	48,663,000	48,647,000	48,406,000	48,925,000	47,305,000	44,407,000	38,549,000	37,768,000	39,467,000	39,586,000	37,825,000	37,463,000	36,712,000	36,083,000	35,149,000	34,781,000	41,408,000	37,896,000	31,987,000	28,395,000	29,823,000
regulatory liabilities															0	-24,000	-4,218,000	-5,291,000																														374,000	-1,598,000	6,157,000	9,984,000	2,834,000
term loan - borrowings															0	0	0	800,000,000
term loan - repayments															0	-600,000,000	0	-200,000,000
income taxes							-1,051,000	17,000	-15,000	49,000	25,000	-6,000			35,000	0	496,000	990,000	916,000	-640,000
accrued property, plant and equipment purchases at september 30,
impairment of investment																			0	0	0	6,859,000	0
contributions to defined benefit pension plans																			0	0			0				0				0				0	-4,000,000			0				0				0		0
long-term debt - issuances																				0				0												1,192,936,000	28,713,000	545,959,000		0
distributions to non-controlling interest												-3,074,000	-4,184,000	-4,420,000
cash, restricted cash and cash equivalents at beginning of period												0	0	13,810,000		0	0	10,739,000		0	0	13,658,000
cash, restricted cash and cash equivalents at end of period												1,730,000	-5,985,000	21,347,000		9,200,000	-12,191,000	17,925,000		-24,501,000	-22,451,000	58,164,000
interest, net of amounts capitalized												-25,436,000	-49,186,000	-23,605,000		-21,500,000	-50,593,000	-21,232,000
accrued property, plant and equipment purchases at september 30
accrued property, plant and equipment purchases at june 30
accrued property, plant and equipment purchases at march 31														39,559,000				51,914,000				53,011,000
net payments of revolving credit facility and cp program
distributions to noncontrolling interest																	-4,061,000	-4,644,000		-4,116,000	-3,779,000	-4,741,000		-3,485,000	-4,405,000	-4,846,000		-3,757,000	-4,350,000	-5,648,000		-4,549,000	-3,986,000	-4,349,000
net (payments) borrowings of revolving credit facility and cp program																		-18,170,000
income from discontinued operations, net of tax																											1,260,000	857,000	2,427,000	2,343,000
income from continuing operations																							72,872,000	15,395,000	17,693,000	107,362,000	91,604,000	21,801,000	27,167,000	138,977,000																	19,007,000	43,197,000	34,623,000			31,434,000	-3,853,000
regulatory assets - current																			-7,001,000	-19,933,000	1,208,000	20,679,000	11,164,000	-3,661,000	3,085,000	13,031,000		-13,982,000	7,734,000	47,903,000		-1,799,000	2,850,000	236,000		6,591,000	-10,994,000	12,856,000		590,000
regulatory liabilities - current																			6,980,000	-18,000,000	-1,002,000	1,316,000	486,000	-9,296,000	-4,713,000	-1,635,000		1,426,000	3,892,000	16,098,000		-10,236,000	-3,175,000	9,083,000		-11,175,000	-8,619,000	11,613,000		-4,833,000
net cash from operating activities of continuing operations																							119,438,000	96,296,000	113,886,000	175,893,000	113,443,000	71,086,000	138,464,000	171,334,000																	73,747,000	109,232,000	92,968,000			88,919,000	23,014,000
net cash from operating activities of discontinued operations																											-3,354,000	-3,065,000	2,362,000	-1,459,000																			0				1,673,000
purchase of investment																											0	0	-929,000	-23,500,000
net cash (used in) investing activities of continuing operations
net cash from investing activities of discontinued operations																											2,361,000	0	-2,155,000	20,179,000																			0
net (payments) borrowings of short-term debt																			149,720,000	84,320,000	-319,125,000	-30,375,000	54,600,000	192,400,000	-62,150,000	-20,970,000		-9,700,000	-42,400,000	-47,100,000		117,195,000
distributions to noncontrolling interests
cash (paid) refunded during the period for continuing operations:
non-cash investing and financing activities from continuing operations:
accounts receivable, unbilled revenues and other operating assets																								15,400,000	115,782,000	-15,857,000		21,350,000	75,824,000	-25,113,000		9,124,000	56,850,000	41,052,000		-3,492,000	54,802,000	27,559,000		12,794,000	15,225,000	47,947,000		5,790,000	72,725,000	-78,576,000
accounts payable and other operating liabilities																								24,127,000	-65,874,000	-41,689,000		9,790,000	-25,245,000	-71,149,000		12,070,000	-14,059,000	-99,482,000		-16,732,000	-17,322,000	-68,101,000		61,039,000	-21,642,000	-44,652,000		10,671,000
net cash from investing activities of continuing operations																								-275,975,000	-172,270,000	-145,027,000		-118,245,000	-87,817,000	-93,733,000																	-112,639,000	-62,909,000	135,005,000				-74,708,000
net cash from investing activities																								-275,975,000	-172,270,000	-145,027,000		-118,245,000	-89,972,000	-73,554,000	-61,276,000	-92,598,000	-94,296,000	-69,494,000	-129,546,000	-134,455,000	-108,209,000	-1,216,532,000	-119,729,000	-149,536,000	-89,253,000	-117,871,000	-130,826,000	-90,025,000	-93,467,000	-86,829,000	-112,639,000	-62,909,000	135,005,000	-120,145,000	-121,758,000	-78,050,000	-74,708,000
net change in cash, cash equivalents and restricted cash																								6,531,000	-5,475,000	-8,426,000		1,528,000	-22,191,000	15,665,000
cash, cash equivalents and restricted cash at beginning of period																								0	0	24,145,000		0	0	18,240,000
cash, cash equivalents and restricted cash at end of period																								6,531,000	-5,475,000	15,719,000		1,528,000	-22,191,000	33,905,000
interest rate swap settlement																																			0
acquisition of net assets, net of long-term debt assumed
net increase in commercial paper and short-term borrowings
sale of noncontrolling interest																																			0	0
(income) income from discontinued operations, net of tax																																																	166,000
accounts receivable, unbilled revenues and other current assets																																																-9,166,000	1,185,000
equity units - issuance
net change in cash and cash equivalents																															1,972,000	1,920,000	237,000	-2,227,000	-33,710,000	-53,841,000	69,831,000	-409,561,000	417,694,000	-48,369,000	23,825,000	42,167,000	9,279,000	-2,758,000	-2,944,000	9,800,000	-5,796,000	-3,065,000	207,082,000	-16,011,000	11,578,000
cash and cash equivalents beginning of year
cash and cash equivalents end of year
impairment of long-lived assets																																				12,293,000	25,497,000	14,496,000		61,875,000									0				0
derivative fair value adjustments																																				-2,691,000				-3,602,000				3,796,000				3,673,000	1,373,000	-18,298,000	9,662,000	-1,579,000	6,867,000
acquisition, net of long term debt assumed																																				0
cash and cash equivalents, beginning of period																																0	0	13,580,000		0	0	456,535,000		0	0	21,218,000		0	0	7,841,000
cash and cash equivalents, end of period																																1,920,000	237,000	11,353,000		-53,841,000	69,831,000	46,974,000		-48,369,000	23,825,000	63,385,000		-2,758,000	-2,944,000	17,641,000		12,397,000
net (payments) borrowings on short-term debt																																		-45,650,000
impairment of long-lived assets and equity method investments
proceeds from sale of assets
short-term borrowings - issuances																																			217,300,000	0	0	208,100,000	109,400,000	133,450,000	76,760,000	77,700,000	0	182,150,000	127,300,000	86,800,000	68,050,000	78,500,000	6,000,000	247,300,000	210,000,000
short-term borrowings - repayments																																			-195,700,000	0	-140,600,000	-69,300,000	-150,500,000	-121,310,000	-73,600,000	-50,100,000	-109,000,000	-130,850,000	-94,600,000	-69,300,000	-123,850,000	-110,500,000	-6,000,000	-261,300,000	-172,000,000
net income available for common stock																																				14,131,000	669,000	40,002,000	-14,176,000	-9,943,000	-55,886,000	47,894,000	34,007,000	26,836,000	19,820,000	48,118,000
acquisition, net of long term debt assumed and cash acquired																																						-1,132,318,000
adjustments to reconcile income from continuing operations to net cash from operating activities:
unrealized (gain) loss on interest rate swaps																																															-776,000
net cash (used in) operating activities of discontinued operations
acquisition of net assets
de-designated interest rate swap settlement
net cash from financing activities of continuing operations																																															33,980,000	-49,388,000	-20,891,000				65,351,000
net cash from financing activities of discontinued operations
gain on sale of operating assets																																																				-2,683,000	0
proceeds from sale of business operations
cash and cash equivalents beginning of year *
cash and cash equivalents end of year *
net income available to common stock																																																43,197,000	34,457,000
investment in notes receivable
proceeds from sale of discontinued business operations
unrealized mark-to-market (gain) loss on interest rate swaps																																																-7,456,000	-605,000
allowance for funds used during construction - equity																																																-200,000	-196,000	-256,000	-295,000	-2,028,000
cash and cash equivalents, beginning of period*																																																15,462,000	0
cash and cash equivalents, end of period*																																																	207,082,000
equity in (earnings) loss of unconsolidated subsidiaries																																																		-45,000	-993,000	-317,000
adjustments to reconcile income from continuing operations to net cash from operating activities -
unrealized mark-to-market gain on interest rate swaps																																																		1,402,000	-5,465,000	3,035,000	8,694,000
change in certain operating assets and liabilities-
contributions to defined pension plans																																																		0
payment for acquisition of net assets, net of cash acquired
proceeds from sale of operating assets																																																		0
working capital adjustment - aquila transaction
other
payment for acquisition of assets
dividends paid																																																			-14,371,000	-14,089,000	-13,796,000
change in operating assets and liabilities:
proceeds from sale of ownership interest in operating assets																																																				6,105,000
cash and cash equivalents beginning of period																																																			32,438,000
cash and cash equivalents end of period																																																			44,016,000
income from discontinued operations, net of taxes																																																					-1,673,000
other non-cash adjustments																																																				2,382,000
working capital adjustment of purchase price allocation on aquila assets
increase in short-term borrowings																																																				108,500,000	80,000,000
decrease in short-term borrowings																																																				-50,000,000
increase in cash and cash equivalents																																																				23,122,000
cash and cash equivalents:
beginning of period																																																				112,901,000	0
end of period																																																				136,023,000	15,330,000
adjustments to reconcile income from continuing operations
to net cash from operating activities:
distributed (undistributed) earnings of associated companies																																																					190,000
allowance for funds used during construction – equity																																																					-2,598,000
materials, supplies and fuel, net of market adjustments
regulatory assets and liabilities																																																					-8,290,000
proceeds from sale of ownership interest in plants																																																					462,000
purchase of short-term investments
long-term debt – issuances																																																					0
long-term debt – repayments																																																					-23,000
supplemental disclosure of cash flow information:
non-cash investing and financing activities-
property, plant and equipment acquired with accrued liabilities																																																					-8,851,000
cash paid during the period for-
income taxes (refunded) paid
working capital adjustment of purchase price allocation on aquila acquisition
decrease in cash and cash equivalents
income taxes paid
net change in derivative assets and liabilities
(undistributed) distributed earnings in associated companies
increase in short-term investments
loss (income) from discontinued operations, net of tax
to net cash from operating activities-
issuance of common stock and treasury stock for operating expense
change in operating assets and liabilities-
dividends paid on common and preferred stock
long-term debt – issuance
beginning of year
end of year

We provide you with 20 years of cash flow statements for Black Hills stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Black Hills stock. Explore the full financial landscape of Black Hills stock with our expertly curated income statements.

The information provided in this report about Black Hills stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.