South Jersey Industries, Inc. (SJI) financial statements (2021 and earlier)

Company profile

Business Address 1 SOUTH JERSEY PLAZA
FOLSOM, NJ 08037
State of Incorp. NJ
Fiscal Year End December 31
SIC 4924 - Natural Gas Distribution (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments63081844
Cash and cash equivalents63081844
Receivables239339193214183259
Inventory, net of allowances, customer advances and progress billings546049545463
Inventory546049545463
Prepaid expense273141172214
Derivative instruments and hedges, assets535442728385
Disposal group, including discontinued operation14360    
Deferred tax assets    58
Other current assets432728314019
Other undisclosed current assets866278664565
Total current assets:653663439473431567
Noncurrent Assets
Property, plant and equipment12    2,134
Long-term investments and receivables10013133949113
Long-term investments87    68
Accounts and financing receivable, after allowance for credit loss   25358
Due from related parties131313131337
Intangible assets, net (including goodwill)716735162130 
Goodwill702735459 
Intangible assets, net (excluding goodwill)14 121622 
Derivative instruments and hedges77691614
Regulated entity, other noncurrent assets666663469411332367
Other noncurrent assets 11698836561
Deferred tax assets, net    (345)
Other undisclosed noncurrent assets4,21228292929(1,839)
Total noncurrent assets:5,7131,562632591521506
Other undisclosed assets 3,7312,7942,6662,5292,277
TOTAL ASSETS:6,3655,9573,8653,7313,4813,349
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities252434299254198284
Accounts payable232410285244186273
Employee-related liabilities442222
Taxes payable263222
Interest and dividends payable14149677
Debt1,3181,004410528461396
Derivative instruments and hedges, liabilities4325486191110
Accrued environmental loss contingencies444866465130
Disposal group, including discontinued operation6     
Customer advances and deposits43482018
Other liabilities353616151212
Other undisclosed current liabilities34340   
Total current liabilities:1,7321,581883953832850
Noncurrent Liabilities
Long-term debt and lease obligation     859
Long-term debt, excluding current maturities     859
Liabilities, other than long-term debt1,131995661676583668
Deferred revenue and credits   0
Asset retirement obligations2648059595843
Deferred tax liabilities, net8687344296345
Deferred income tax liabilities92
Liability, pension and other postretirement and postemployment benefits1141101029576115
Accrued environmental loss contingencies1892061061097698
Regulatory liability443478287494342
Other liabilities18279112315
Derivative instruments and hedges, liabilities1271091111
Other undisclosed noncurrent liabilities876522(820)
Total noncurrent liabilities:1,1401,002667681604707
Other undisclosed liabilities   8081,006859
Total liabilities:2,8712,5831,5502,4412,4432,417
Stockholders' equity
Stockholders' equity attributable to parent, including:1,4241,2671,1921,2891,038932
Common stock11510799998943
Treasury stock, value(0)(0)(0)(0)(0)(0)
Additional paid in capital1,028843710707499481
Accumulated other comprehensive loss(33)(26)(37)(27)(24)(30)
Retained earnings313343 511474439
Other undisclosed stockholders' equity attributable to parent  420   
Total stockholders' equity:1,4241,2671,1921,2891,038932
Other undisclosed liabilities and equity2,0702,1071,123   
TOTAL LIABILITIES AND EQUITY:6,3655,9573,8653,7313,4813,349

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,6291,6411,2431,037960887
Revenue, net512454529501
Cost of revenue(1,061)(1,097)(873)(606)(648)(550)
Cost of goods and services sold(37)(32)(866)(599)(576)(550)
Gross profit:568544370430312337
Operating expenses(366)(444)(366)(241)(155)(229)
Other undisclosed operating income     20
Operating income:2011014189157128
Nonoperating income4215101012
Investment income, nonoperating(15)36(14)288(7)
Interest and debt expense(114)(90)(54)(31)(32)(30)
Income (loss) from continuing operations before equity method investments, income taxes:9113(34)168135110
Income (loss) from equity method investments   5(28)(8)
Income (loss) from continuing operations before income taxes:9113(34)173107102
Income tax expense (benefit)(21)(1)25(54)(1)(4)
Income (loss) from continuing operations:7012(9)11910698
Income from discontinued operations     0
Income (loss) before gain (loss) on sale of properties:7012(9)11910698
Other undisclosed net loss   (0)(1)(1)
Net income (loss):7012(9)11910597
Other undisclosed net income attributable to parent756   
Net income (loss) available to common stockholders, diluted:7718(3)11910597

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):7012(9)11910597
Other comprehensive income (loss)(6)11(9)(3)6(9)
Comprehensive income (loss):6323(19)11611188
Other undisclosed comprehensive income, net of tax, attributable to parent75    
Comprehensive income (loss), net of tax, attributable to parent:7028(19)11611188

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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