MDU Resources Group, Inc. (MDU) financial statements (2021 and earlier)

Company profile

Business Address 1200 WEST CENTURY AVENUE
BISMARCK, ND 58503
State of Incorp.
Fiscal Year End December 31
SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
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 investments66543546858245
Cash and cash equivalents66543546858245
Receivables837723727630590693713
Inventory, net of allowances, customer advances and progress billings278287227238254301282
Inventory278287227238254301282
Deferred costs    12012
Derivative instruments and hedges, assets     181
Disposal group, including discontinued operation0001425  
Other current assets1161208148357750
Other undisclosed current assets    32413
Total current assets:1,2981,1841,0709771,0211,1951,117
Noncurrent Assets
Operating lease, right-of-use asset115
Property, plant and equipment    4,3115,5274,931
Long-term investments and receivables    120118113
Long-term investments    120118113
Intangible assets, net (including goodwill)697676636638643645649
Goodwill681665632632635635636
Intangible assets, net (excluding goodwill)15114671013
Disposal group, including discontinued operation, noncurrent assets124197167 
Other noncurrent assets506409408415366325251
Total noncurrent assets:1,3201,0871,0481,2505,6076,6155,945
Other undisclosed assets5,0664,7174,2174,057   
TOTAL ASSETS:7,6836,9886,3356,2846,6287,8107,061
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities593509466432439527479
Accounts payable403359312280310383405
Employee-related liabilities996973664663 
Taxes payable49424348464674
Interest and dividends payable424039383736 
Deferred revenue143
Debt482521484428926924
Derivative instruments and hedges, liabilities      7
Disposal group, including discontinued operation4 121048  
Other liabilities222221186184172173171
Other undisclosed current liabilities(143)4    103
Total current liabilities:866986813670948969785
Noncurrent Liabilities
Long-term debt and lease obligation, including:84    1,8251,842
Operating lease, liability84
Other undisclosed long-term debt and lease obligation     1,8251,842
Liabilities, other than long-term debt1,6591,1481,1791,5521,5321,7661,578
Deferred tax liabilities, net  668720952859
Deferred income tax liabilities507
Other liabilities1,1521,1481,179884812814719
Other undisclosed noncurrent liabilities 430347  (1,825)(1,842)
Total noncurrent liabilities:1,7431,5781,5261,5521,5321,7661,578
Other undisclosed liabilities2,2271,8571,5661,7471,6271,8251,842
Total liabilities:4,8364,4213,9063,9684,1074,5604,205
Stockholders' equity
Stockholders' equity attributable to parent2,8472,5672,4292,3162,3973,1342,823
Preferred stock   15151515
Common stock201197196196196195190
Treasury stock, value(4)(4)(4)(4)(4)(4)(4)
Additional paid in capital1,3551,2491,2331,2321,2301,2071,057
Accumulated other comprehensive loss(42)(38)(37)(36)(37)(42)(38)
Retained earnings1,3371,1641,0419129961,7631,603
Stockholders' equity attributable to noncontrolling interest    12411633
Total stockholders' equity:2,8472,5672,4292,3162,5213,2502,856
TOTAL LIABILITIES AND EQUITY:7,6836,9886,3356,2846,6287,8107,061

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues5,3374,5324,4434,1294,1924,6714,462
Cost of revenue
(Cost of Goods and Services Sold)
  (79)(76)(12)(659)(84)
Gross profit:5,3374,5324,3654,0534,1794,0114,379
Operating expenses(4,856)(4,130)(4,015)(3,720)(3,937)(4,182)(3,970)
Other undisclosed operating income  79761265984
Operating income:481402429409254488493
Nonoperating income (expense)16(0)45191610
Public utilities, allowance for funds used during construction, capitalized cost of equity     63
Other nonoperating income (expense)16(0)4519107
Interest and debt expense(99)(85)(83)(88)(93)(87)(84)
Income from continuing operations before equity method investments, income taxes:398317350326180417419
Loss from equity method investments     (0)(0)
Other undisclosed loss from continuing operations before income taxes     (6)(3)
Income from continuing operations before income taxes:398317350326180411416
Income tax expense(63)(47)(65)(93)(66)(120)(137)
Income from continuing operations:335269285233115291279
Income (loss) from discontinued operations 3(4)(300)(772)3(0)
Net income (loss):335272281(67)(658)294279
Net income attributable to noncontrolling interest    3540
Other undisclosed net income attributable to parent0      
Net income (loss) attributable to parent:335272281(67)(622)298279
Preferred stock dividends and other adjustments  (1)(1)(1)(1)(1)
Other undisclosed net income available to common stockholders, basic   132   
Net income (loss) available to common stockholders, diluted:33527228064(623)298278

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):335272281(67)(658)294279
Other comprehensive income (loss)(4)7(2)15(4)11
Comprehensive income (loss):331279280(66)(653)290289
Comprehensive income (loss), net of tax, attributable to noncontrolling interest    354(0)
Other undisclosed comprehensive income, net of tax, attributable to parent0  132  1
Comprehensive income (loss), net of tax, attributable to parent:33227928066(617)294289

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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