Avista Corporation (AVA) Financial Statements (2023 and earlier)

Company Profile

Business Address 1411 E MISSION AVE
SPOKANE, WA 99202
State of Incorp. WA
Fiscal Year End December 31
Industry (SIC) 4931 - Electric and Other Services Combined (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments142220422193922
Cash and cash equivalents142220422193922
Receivables165166193203131130153
Inventory, net of allowances, customer advances and progress billings1231067685878363
Inventory1231067685878363
Regulatory current assets60443544382729
Other current assets101798881818383
Total current assets:464417596434356362350
Noncurrent Assets
Finance lease, right-of-use asset41424344454646
Operating lease, right-of-use asset69697070717171
Property, plant and equipment7,6217,5207,4187,3727,2727,1657,059
Long-term investments and receivables29292726262626
Long-term investments12121212121212
Accounts and financing receivable, after allowance for credit loss17171515151515
Intangible assets, net (including goodwill)52525252525252
Goodwill52525252525252
Regulated entity, other noncurrent assets837839839861876870706
Deferred costs8891010109
Other noncurrent assets11101820242028
Other undisclosed noncurrent assets(2,075)(2,048)(2,035)(2,035)(2,001)(1,975)(1,949)
Total noncurrent assets:6,5926,5216,4406,4196,3756,2846,049
TOTAL ASSETS:7,0566,9387,0366,8546,7316,6466,399
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities23122611213310310493
Accounts payable11312111213310310493
Employee-related liabilities4345     
Taxes payable4140     
Interest and dividends payable3520     
Debt282165250534449546193
Regulatory liability989510977767045
Other liabilities193173171169172172162
Other undisclosed current liabilities(118)(105)     
Total current liabilities:685553642913799892493
Noncurrent Liabilities
Long-term debt and lease obligation2,2812,2882,2941,8981,8981,7592,009
Long-term debt, excluding current maturities2,2812,2882,2941,8981,8981,7592,009
Liabilities, other than long-term debt1,8551,8591,8671,8871,9321,9251,829
Deferred income tax liabilities666658647643634620608
Liability, pension and other postretirement and postemployment benefits115128141153177189200
Regulatory liability845847851862886882784
Due to related parties52525252525252
Other liabilities177175177178183183187
Total noncurrent liabilities:4,1364,1474,1613,7863,8313,6843,838
Total liabilities:4,8214,7004,8034,6994,6304,5764,331
Stockholders' equity
Stockholders' equity attributable to parent2,2352,2372,2332,1552,1022,0702,069
Common stock1,4781,4431,4181,3801,3501,3031,286
Accumulated other comprehensive loss(10)(10)(11)(11)(13)(14)(14)
Retained earnings767805826786765780797
Total stockholders' equity:2,2352,2372,2332,1552,1022,0702,069
TOTAL LIABILITIES AND EQUITY:7,0566,9387,0366,8546,7316,6466,399

Income Statement (P&L) ($ in millions)

9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
Revenues359379462432296298413
Cost of revenue(339)(351)(378)(344)(271)(265)(310)
Gross profit:202784882533103
Operating expenses(1)(3)(1)(17)(1)(1)(1)
Operating income:192483702432102
Nonoperating income51561011115
Public utilities, allowance for funds used during construction, additions1111111
Other nonoperating income4145910104
Interest and debt expense(0)(0)(0)(0)(0)(0)(0)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes   79(27)(26)(26)
Income from continuing operations before equity method investments, income taxes:24398916091680
Other undisclosed loss from continuing operations before income taxes(30)(29)(28)(106)   
Income (loss) from continuing operations before income taxes:(6)10615491680
Income tax expense (benefit)(0)111(3)5(2)(12)
Net income (loss) available to common stockholders, diluted:(6)117251141468

Comprehensive Income ($ in millions)

9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
Net income (loss):(6)117251141468
Other comprehensive income0002000
Comprehensive income (loss), net of tax, attributable to parent:(6)127253151468

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: