Connecticut Water Service, Inc. (CTWS) financial statements (2020 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
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 3421218
Cash and cash equivalents 3421218
Receivables 141513111212
Costs in excess of billings1088888
Other undisclosed current assets 11977139
Total current assets: 393629273647
Noncurrent Assets
Nontrade receivables     57
Property, plant and equipment 262623222120
Intangible assets, net (including goodwill)     3232
Goodwill     3232
Regulated entity, other noncurrent assets 162155145135120105
Restricted cash and investments      6
Deferred costs     89
Other undisclosed noncurrent assets 725683588533397413
Total noncurrent assets: 913863755689635584
TOTAL ASSETS: 952899785717671631
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 141113121011
Interest and dividends payable 21111 
Other undisclosed accounts payable and accrued liabilities 12101211911
Debt 465324
Customer refund liability 201365
Other liabilities 332222
Other undisclosed current liabilities 5621341731
Total current liabilities: 794255372423
Noncurrent Liabilities
Long-term debt and lease obligation     177175
Long-term debt, excluding current maturities     177175
Liabilities, other than long-term debt 898911011111986
Customer advances or deposits232019212729
Deferred revenue and credits111111
Deferred compensation liability, classified 3133343436 
Deferred tax liabilities, net323451485347
Customer refund liability 1 0128
Other liabilities 215511
Other undisclosed noncurrent liabilities 97899175(120)(108)
Total noncurrent liabilities: 186178201186176154
Total liabilities: 265219256223200176
Stockholders' equity
Stockholders' equity attributable to parent, including: 294294236224209198
Preferred stock     11
Common stock 190192146145142139
Accumulated other comprehensive loss (0)(0)(1)(1)(2)(0)
Retained earnings 10410291806959
Other undisclosed stockholders' equity attributable to parent     (1)(1)
Total stockholders' equity: 294294236224209198
Other undisclosed liabilities and equity 393386293269262257
TOTAL LIABILITIES AND EQUITY: 952899785717671631

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

6/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Gross profit: 12511410510310299
Operating expenses (67)(62)(57)(61)(57)(56)
Other undisclosed operating loss (20)(17)(19)(15)(18)(20)
Operating income: 373429272623
Nonoperating income (expense) (9)(0)1222
Public utilities, allowance for funds used during construction, additions 011110
Other nonoperating expense (1)(2)(1)(0)(0)(0)
Interest and debt expense (11)(9)(7)(7)(7)(6)
Income from continuing operations before income taxes: 172523232118
Income tax expense     (4)(6)
Income before gain (loss) on sale of properties: 172523231812
Other undisclosed net income     46
Net income attributable to parent: 172523232118
Other undisclosed net loss available to common stockholders, basic (0)(0)(0)(0)(0)(0)
Net income available to common stockholders, diluted: 172523232118

Comprehensive Income ($ in millions)

6/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income: 172523232118
Other comprehensive loss (0)(0)(0)(0)(0) 
Comprehensive income: 162523222118
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 0101(1)1
Comprehensive income, net of tax, attributable to parent: 172623232019

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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