Connecticut Water Service, Inc. (CTWS) financial statements (2021 and earlier)

Company profile

Business Address 93 W MAIN ST
CLINTON, CT 06413
State of Incorp. CT
Fiscal Year End December 31
SIC 4941 - Water Supply (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2335444
Cash and cash equivalents2335444
Receivables14131416131315
Costs in excess of billings1010121088
Other undisclosed current assets2415111411119
Total current assets:40403947383636
Noncurrent Assets
Property, plant and equipment13132612121126
Regulated entity, other noncurrent assets172166162163160155155
Other undisclosed noncurrent assets756745725721708700683
Total noncurrent assets:941924913897880866863
TOTAL ASSETS:981964952944918902899
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1121421211
Interest and dividends payable2222121
Other undisclosed accounts payable and accrued liabilities9 12   10
Debt4444466
Customer refund liability2320  0
Other liabilities3 3   3
Other undisclosed current liabilities76765670553921
Total current liabilities:96857977614742
Noncurrent Liabilities
Long-term debt and lease obligation 257 251252252 
Long-term debt, excluding current maturities 257 251252252 
Liabilities, other than long-term debt69938987919089
Customer advances or deposits252319202020
Deferred revenue and credits111111
Deferred compensation liability, classified32323131343333
Accumulated deferred investment tax credit1     
Deferred tax liabilities, net33313234353434
Customer refund liability  10   
Other liabilities3321111
Other undisclosed noncurrent liabilities127(157)97(153)(157)(161)89
Total noncurrent liabilities:197193186184186181178
Total liabilities:293277265261247228219
Stockholders' equity
Stockholders' equity attributable to parent296293294298288289294
Common stock191191190190189192192
Accumulated other comprehensive loss(0)(0)(0)(0)(0)(0)(0)
Retained earnings1041031041089998102
Total stockholders' equity:296293294298288289294
Other undisclosed liabilities and equity393393393385384384386
TOTAL LIABILITIES AND EQUITY:981964952944918902899

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

6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
Gross profit:32282839322627
Operating expenses(2)(1)(60)(1)(2)(3)(62)
Other undisclosed operating income (loss)(20)(22)38(20)(19)(19)41
Operating income:1055181056
Nonoperating income (expense)(1)0(3)(1)(2)(3)(1)
Public utilities, allowance for funds used during construction, additions0000000
Other nonoperating income (expense)10(0)(0)(0)(0)(2)
Interest and debt expense(3)(3)(3)(3)(3)(3)(3)
Income (loss) from continuing operations before equity method investments, income taxes:62(0)145(1)2
Other undisclosed income (loss) from continuing operations before income taxes001(1)1(0)1
Income (loss) from continuing operations before income taxes:620135(1)2
Income tax expense (benefit)(0)(0)(1)1(1)0(1)
Income (loss) before gain (loss) on sale of properties:62(1)145(1)2
Other undisclosed net income (loss)000(0)000
Net income (loss) attributable to parent:62(0)145(1)2
Other undisclosed net loss available to common stockholders, basic    (0)(0)(0)
Net income (loss) available to common stockholders, diluted:62(0)145(1)2

Comprehensive Income ($ in millions)

6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
Net income (loss):62(0)145(1)2
Other comprehensive loss(0)(0)(0)(0)(0)(0)(0)
Comprehensive income (loss):62(1)145(1)2
Other undisclosed comprehensive income (loss), net of tax, attributable to parent00(0)0000
Comprehensive income (loss), net of tax, attributable to parent:62(1)145(1)2

Statements sources

The financial statements are based on the company's filings with the 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.

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