American States Water Company (AWR) financial statements (2022 and earlier)

Company profile

Business Address 630 E FOOTHILL BLVD
SAN DIMAS, CA 91773-9016
State of Incorp. CA
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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments53717004
Cash and cash equivalents53717004
Receivables62554749576249
Derivative instruments and hedges, assets4      
Regulatory current assets9132117344330
Costs in excess of billings414132
Other undisclosed current assets58525359222017
Total current assets:138157122131155167133
Noncurrent Assets
Operating lease, right-of-use asset1011 
Property, plant and equipment1,6261,5121,4161,2961,2051,1511,061
Intangible assets, net (including goodwill)677891111
Goodwill1111111
Intangible assets, net (excluding goodwill)466781010
Regulated entity, other noncurrent assets33   103107
Other noncurrent assets1611856511
Costs in excess of billings252321
Other undisclosed noncurrent assets10190886016114
Total noncurrent assets:1,7631,6341,5191,3701,2611,3041,216
TOTAL ASSETS:1,9011,7921,6411,5011,4171,4701,349
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities91917378686066
Accounts payable66645660514451
Accrued liabilities    444
Employee-related liabilities16151414131212
Taxes payable5700000
Interest and dividends payable5534   
Deferred revenue02 
Debt00040000
Regulatory liability2      
Billings in excess of cost8424
Other liabilities11101011151110
Other undisclosed current liabilities501532106910443
Total current liabilities:156119116147157178124
Noncurrent Liabilities
Long-term debt and lease obligation421450281281321321326
Long-term debt, excluding current maturities412440281281321321326
Operating lease, liability910 
Liabilities, other than long-term debt, including:250243232114409477434
Customer advances or deposits677068
Deferred revenue and credits122
Accumulated deferred investment tax credit111 
Deferred tax liabilities, net125114116225193
Deferred income tax liabilities140131 
Liability, pension and other postretirement and postemployment benefits619668 585043
Regulatory liability33 23 32  
Other liabilities141514 111111
Other undisclosed liabilities, other than long-term debt    124121118
Other undisclosed noncurrent liabilities(23)(102)129120   
Total noncurrent liabilities:647591643516730798759
Total liabilities:803710759662887976883
Stockholders' equity
Stockholders' equity attributable to parent686642602558530494466
Common stock258257256254250247245
Retained earnings428385346305280247221
Total stockholders' equity:686642602558530494466
Other undisclosed liabilities and equity412440281281   
TOTAL LIABILITIES AND EQUITY:1,9011,7921,6411,5011,4171,4701,349

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues499488474437441436459
Revenue, net437441436459
Cost of revenue
(Cost of Goods and Services Sold)
(57)(62)(56)(54)(50)(54)(63)
Gross profit:442426418383391382396
Operating expenses(118)(117)(347)(336)(314)(321)(340)
Other undisclosed operating income (loss)(183)(178)5654505463
Operating income:141130127101127115118
Nonoperating expense(16)(16)(18)(19)(19)(20)(20)
Investment income, nonoperating1234210
Other nonoperating income5531210
Interest and debt expense(23)(23)(25)(23)(23)(22)(21)
Other undisclosed income from continuing operations before equity method investments, income taxes   23232221
Income from continuing operations before income taxes:1029284821089498
Income tax expense(30)(28)(25)(18)(39)(35)(38)
Net income:72646064696060
Other undisclosed net income attributable to parent232325    
Net income attributable to parent:94868464696060
Preferred stock dividends and other adjustments(0)(0)(0)(0)(0)(0)(0)
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0)(0)(0)(0)
Net income available to common stockholders, basic:94868464695960
Other undisclosed net income available to common stockholders, diluted0000000
Net income available to common stockholders, diluted:94868464696060

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:72646064696060
Comprehensive income, net of tax, attributable to parent:72646064696060

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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