IDACORP, Inc. (IDA) financial statements (2022 and earlier)
Company profile
| Business Address |
1221 WEST IDAHO STREET BOISE, ID 83702-5627 |
| State of Incorp. | ID |
| Fiscal Year End | December 31 |
| SIC | 4911 - Electric Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 270 | 346 | 308 | 265 | 300 | 337 | 504 | ||
| Cash and cash equivalents | 215 | 300 | 260 | 240 | 275 | 312 | 460 | ||
| Short-term investments | 54 | 46 | 48 | 25 | 25 | 25 | 44 | ||
| Receivables | 168 | 175 | 193 | 128 | 147 | 167 | 163 | ||
| Inventory, net of allowances, customer advances and progress billings | 18 | 31 | 38 | 29 | 32 | 41 | 51 | ||
| Inventory | 18 | 31 | 38 | 29 | 32 | 41 | 51 | ||
| Prepaid expense | 25 | 22 | 20 | 17 | 20 | 17 | 19 | ||
| Regulatory current assets | 71 | 52 | 62 | 63 | 63 | 43 | 57 | ||
| Other current assets | 6 | 11 | 13 | 3 | 2 | 2 | 0 | ||
| Other undisclosed current assets | 39 | 42 | 40 | 90 | 78 | 77 | 34 | ||
| Total current assets: | 596 | 678 | 673 | 594 | 642 | 685 | 828 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 4,902 | 4,820 | 4,778 | 4,735 | 4,710 | 4,642 | 4,594 | ||
| Long-term investments and receivables | 124 | 123 | 129 | 123 | 127 | 126 | 131 | ||
| Long-term investments | 124 | 123 | 129 | 123 | 127 | 126 | 131 | ||
| Regulated entity, other noncurrent assets | 1,462 | 1,505 | 1,496 | 1,503 | 1,485 | 1,355 | 1,346 | ||
| Other noncurrent assets | 59 | 62 | 61 | 60 | 59 | 62 | 61 | ||
| Other undisclosed noncurrent assets | 67 | 66 | 65 | 64 | 72 | 61 | 61 | ||
| Total noncurrent assets: | 6,615 | 6,576 | 6,528 | 6,484 | 6,453 | 6,245 | 6,192 | ||
| TOTAL ASSETS: | 7,211 | 7,254 | 7,201 | 7,078 | 7,095 | 6,930 | 7,021 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 240 | 251 | 233 | 173 | 216 | 231 | 186 | ||
| Accounts payable | 146 | 127 | 123 | 82 | 121 | 100 | 82 | ||
| Employee-related liabilities | 56 | 47 | 43 | 37 | 52 | 59 | 51 | ||
| Taxes payable | 14 | 59 | 43 | 35 | 20 | 53 | 29 | ||
| Interest and dividends payable | 24 | 19 | 24 | 19 | 24 | 20 | 24 | ||
| Deferred revenue | 43 | 40 | 42 | 35 | 29 | 30 | 32 | ||
| Debt | 175 | ||||||||
| Regulatory liability | 11 | 22 | 27 | 28 | 11 | 25 | 33 | ||
| Other liabilities | 31 | 30 | 30 | 27 | 31 | 16 | 21 | ||
| Total current liabilities: | 326 | 343 | 331 | 262 | 288 | 303 | 447 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 2,001 | 2,001 | 2,000 | 2,000 | 2,000 | ||||
| Long-term debt, excluding current maturities | 2,001 | 2,001 | 2,000 | 2,000 | 2,000 | ||||
| Liabilities, other than long-term debt | 2,209 | 2,233 | 2,257 | 2,240 | 2,241 | 2,055 | 2,071 | ||
| Deferred income tax liabilities | 842 | 773 | 789 | 795 | 800 | 736 | 739 | ||
| Liability, pension and other postretirement and postemployment benefits | 521 | 615 | 638 | 641 | 634 | 499 | 522 | ||
| Regulatory liability | 782 | 783 | 768 | 756 | 758 | 771 | 759 | ||
| Other liabilities | 63 | 62 | 61 | 49 | 49 | 48 | 50 | ||
| Total noncurrent liabilities: | 2,209 | 4,234 | 4,257 | 4,241 | 2,241 | 4,055 | 4,071 | ||
| Other undisclosed liabilities | 2,001 | 2,000 | |||||||
| Total liabilities: | 4,535 | 4,577 | 4,588 | 4,502 | 4,529 | 4,358 | 4,519 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 2,668 | 2,671 | 2,606 | 2,569 | 2,560 | 2,566 | 2,496 | ||
| Common stock | 875 | 873 | 871 | 869 | 869 | 867 | 866 | ||
| Accumulated other comprehensive loss | (40) | (41) | (42) | (43) | (43) | (34) | (35) | ||
| Retained earnings | 1,834 | 1,839 | 1,777 | 1,743 | 1,734 | 1,733 | 1,664 | ||
| Stockholders' equity attributable to noncontrolling interest | 7 | 7 | 7 | 6 | 6 | 6 | 6 | ||
| Total stockholders' equity: | 2,675 | 2,677 | 2,613 | 2,576 | 2,566 | 2,572 | 2,502 | ||
| TOTAL LIABILITIES AND EQUITY: | 7,211 | 7,254 | 7,201 | 7,078 | 7,095 | 6,930 | 7,021 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 299 | 435 | 357 | 291 | 303 | 403 | 311 | |
| Gross profit: | 299 | 435 | 357 | 291 | 303 | 403 | 311 | |
| Operating expenses | (283) | (323) | (268) | (255) | (262) | (300) | (239) | |
| Other undisclosed operating income | 36 | 12 | 3 | 25 | 13 | 22 | 8 | |
| Operating income: | 52 | 124 | 92 | 61 | 54 | 125 | 79 | |
| Nonoperating income (expense) | (16) | (9) | (11) | (11) | (67) | 8 | 8 | |
| Public utilities, allowance for funds used during construction, capitalized cost of equity | 8 | 8 | 8 | 8 | 7 | 7 | ||
| Other nonoperating income (expense) | (5) | 1 | 0 | 0 | 1 | 1 | ||
| Interest and debt expense | (76) | (4) | (4) | (4) | (22) | (22) | (23) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (40) | 112 | 78 | 46 | (35) | 111 | 65 | |
| Income (loss) from equity method investments | (9) | 4 | 3 | |||||
| Other undisclosed income from continuing operations before income taxes | 76 | 4 | 4 | 4 | 87 | |||
| Income from continuing operations before income taxes: | 36 | 115 | 81 | 50 | 43 | 115 | 68 | |
| Income tax expense | (3) | (17) | (11) | (5) | (6) | (12) | (7) | |
| Net income: | 33 | 98 | 70 | 45 | 38 | 102 | 61 | |
| Net income (loss) attributable to noncontrolling interest | (0) | (0) | (0) | 0 | (0) | (0) | (0) | |
| Net income available to common stockholders, diluted: | 33 | 98 | 70 | 45 | 38 | 102 | 60 | |
Comprehensive Income ($ in millions)
| 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 33 | 98 | 70 | 45 | 38 | 102 | 61 | |
| Other comprehensive income (loss) | (3) | 1 | 1 | 1 | (6) | 1 | 1 | |
| Other undisclosed comprehensive income (loss) | 4 | (1) | (1) | (1) | (3) | (1) | (1) | |
| Comprehensive income: | 34 | 99 | 71 | 46 | 28 | 103 | 61 | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (0) | (0) | (0) | 0 | (0) | (0) | (0) | |
| Comprehensive income, net of tax, attributable to parent: | 34 | 99 | 71 | 46 | 28 | 103 | 61 | |
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.