VECTREN UTILITY HOLDINGS INC Financial Statements (2025 and earlier)
Company Profile
| Business Address |
ONE VECTREN SQUARE EVANSVILLE, IN 47708 |
| State of Incorp. | IN |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4932 - Gas and Other Services Combined (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 9/30/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10 | 9 | 6 | 19 | 9 | 13 | |||
| Cash and cash equivalents | 10 | 9 | 6 | 19 | 9 | 13 | |||
| Receivables | 110 | 103 | 92 | 113 | 112 | 82 | |||
| Inventory, net of allowances, customer advances and progress billings | 118 | 119 | 125 | 113 | 90 | 114 | |||
| Inventory | 118 | 119 | 125 | 113 | 90 | 114 | |||
| Prepaid expense | 3 | 8 | 4 | 30 | 0 | ✕ | |||
| Deferred costs | 19 | 30 | 10 | 6 | 25 | ||||
| Other current assets | 4 | 4 | 15 | 2 | 4 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 52 | ||
| Other undisclosed current assets | 150 | 138 | 116 | 174 | 152 | 94 | |||
| Total current assets: | 412 | 412 | 359 | 461 | 372 | 380 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 199 | 165 | 150 | 149 | 151 | 147 | |||
| Long-term investments and receivables | 0 | 22 | 20 | 26 | 28 | 0 | |||
| Long-term investments | 0 | 22 | 20 | 26 | 28 | 0 | |||
| Intangible assets, net (including goodwill) | 205 | 205 | 205 | 205 | 205 | 205 | |||
| Goodwill | 205 | 205 | 205 | 205 | 205 | 205 | |||
| Regulated entity, other noncurrent assets | 314 | 206 | 161 | 128 | 136 | 127 | |||
| Restricted cash and investments | 1 | ||||||||
| Other noncurrent assets | 64 | 49 | 32 | 20 | 25 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 36 | ||
| Other undisclosed noncurrent assets | 4,302 | 3,983 | 3,675 | 3,439 | 3,224 | 3,152 | |||
| Total noncurrent assets: | 5,085 | 4,629 | 4,243 | 3,967 | 3,769 | 3,667 | |||
| TOTAL ASSETS: | 5,498 | 5,041 | 4,601 | 4,428 | 4,141 | 4,047 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 376 | 346 | 297 | 374 | 332 | 291 | |||
| Interest and dividends payable | 16 | ||||||||
| Taxes payable | 34 | 32 | 31 | ||||||
| Employee-related liabilities | 21 | ||||||||
| Accounts payable | 222 | 205 | 169 | 180 | 172 | 121 | |||
| Accrued liabilities | 154 | 140 | 128 | 122 | 127 | 139 | |||
| Debt | 280 | 244 | 28 | 251 | 29 | 222 | |||
| Customer refund liability | 51 | 50 | 53 | ||||||
| Due to related parties | 33 | 25 | 26 | 29 | 25 | 25 | |||
| Other undisclosed current liabilities | (122) | (83) | (54) | ||||||
| Total current liabilities: | 689 | 614 | 350 | 583 | 353 | 537 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,162 | 1,257 | |||||||
| Long-term debt, excluding current maturities | 1,162 | 1,257 | |||||||
| Liabilities, other than long-term debt | 937 | 454 | 1,192 | 1,095 | 1,015 | 943 | |||
| Deferred tax liabilities, net | 758 | 685 | 627 | 579 | |||||
| Regulatory liability | 937 | 454 | 434 | 410 | 387 | 364 | |||
| Other undisclosed noncurrent liabilities | 670 | 1,018 | 136 | (1,053) | (1,174) | 74 | |||
| Total noncurrent liabilities: | 1,607 | 1,472 | 1,328 | 1,205 | 1,098 | 1,017 | |||
| Other undisclosed liabilities | 1,480 | 1,331 | 1,388 | 1,162 | 1,257 | 1,103 | |||
| Total liabilities: | 3,775 | 3,417 | 3,066 | 2,950 | 2,708 | 2,657 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,723 | 1,624 | 1,535 | 1,479 | 1,433 | 1,390 | |||
| Common stock | 878 | 831 | 800 | 794 | 788 | 782 | |||
| Retained earnings | 845 | 793 | 735 | 685 | 645 | 608 | |||
| Total equity: | 1,723 | 1,624 | 1,535 | 1,479 | 1,433 | 1,390 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,498 | 5,041 | 4,601 | 4,428 | 4,141 | 4,047 | |||
Income Statement (P&L) ($ in millions)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 1,383 | 1,378 | 1,395 | 1,570 | 1,430 | 1,334 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (29) | (28) | (29) | (703) | (591) | (219) | ||
| Gross profit: | 1,354 | 1,350 | 1,365 | 867 | 839 | 1,115 | ||
| Operating expenses | (1,104) | (1,061) | (1,098) | (1,288) | (1,148) | (1,047) | ||
| Other undisclosed operating income | 29 | 28 | 29 | 703 | 591 | 219 | ||
| Operating income: | 279 | 317 | 297 | 281 | 282 | 287 | ||
| Nonoperating income | 31 | 26 | 19 | 20 | 11 | 8 | ||
| Public utilities, allowance for funds used during construction, capitalized cost of equity | 2 | 3 | 1 | 0 | ||||
| Other nonoperating income | 31 | 26 | 19 | 17 | 11 | 8 | ||
| Interest and debt expense | (73) | (70) | (66) | (67) | (65) | (72) | ||
| Income from continuing operations before equity method investments, income taxes: | 237 | 273 | 249 | 235 | 228 | 224 | ||
| Other undisclosed loss from continuing operations before income taxes | (3) | (1) | (0) | |||||
| Income from continuing operations before income taxes: | 237 | 273 | 249 | 232 | 227 | 223 | ||
| Income tax expense | (61) | (100) | (88) | (83) | (85) | (85) | ||
| Income from continuing operations: | 176 | 174 | 161 | 148 | 142 | 138 | ||
| Income before gain (loss) on sale of properties: | 176 | 174 | 161 | 148 | 142 | 138 | ||
| Net income available to common stockholders, diluted: | 176 | 174 | 161 | 148 | 142 | 138 | ||
Comprehensive Income ($ in millions)
| 9/30/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 176 | 174 | 161 | 148 | 142 | 138 | ||
| Comprehensive income, net of tax, attributable to parent: | 176 | 174 | 161 | 148 | 142 | 138 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.