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)
Annual | Quarterly

	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 investments	34	6	30	8	18	4
Cash and cash equivalents	34	6	30	8	18	4
Receivables	251	239	339	193	214	183
Inventory, net of allowances, customer advances and progress billings	39	54	60	49	54	54
Inventory	39	54	60	49	54	54
Prepaid expense	24	27	31	41	17	22
Derivative instruments and hedges, assets	41	53	54	42	72	83
Disposal group, including discontinued operation		143	60
Other current assets	29	43	27	28	31	40
Other undisclosed current assets	88	86	62	78	66	45
Total current assets:	507	653	663	439	473	431
Noncurrent Assets
Finance lease, right-of-use asset	3		✕	✕	✕	✕
Operating lease, right-of-use asset	2		✕	✕	✕	✕
Property, plant and equipment	113	12
Long-term investments and receivables	137	100	13	13	39	49
Long-term investments	106	87
Accounts and financing receivable, after allowance for credit loss					25	35
Due from related parties	31	13	13	13	13	13
Intangible assets, net (including goodwill)	724	716	735	16	21	30
Goodwill	707	702	735	4	5	9
Intangible assets, net (excluding goodwill)	17	14		12	16	22
Derivative instruments and hedges	7	7	7	6	9	16
Regulated entity, other noncurrent assets	674	666	663	469	411	332
Other noncurrent assets	144		116	98	83	65
Other undisclosed noncurrent assets	4,379	4,212	28	29	29	29
Total noncurrent assets:	6,182	5,713	1,562	632	591	521
Other undisclosed assets			3,731	2,794	2,666	2,529
TOTAL ASSETS:	6,689	6,365	5,957	3,865	3,731	3,481
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities	287	252	434	299	254	198
Accounts payable	257	232	410	285	244	186
Employee-related liabilities	4	4	4	2	2	2
Taxes payable	6	2	6	3	2	2
Interest and dividends payable	21	14	14	9	6	7
Deferred revenue	0		✕	✕	✕	✕
Debt	739	1,318	1,004	410	528	461
Derivative instruments and hedges, liabilities	28	43	25	48	61	91
Accrued environmental loss contingencies	45	44	48	66	46	51
Disposal group, including discontinued operation		6
Customer advances and deposits	✕	✕	✕	43	48	20
Other liabilities	28	35	36	16	15	12
Other undisclosed current liabilities	36	34	34	0
Total current liabilities:	1,164	1,732	1,581	883	953	832
Noncurrent Liabilities
Liabilities, other than long-term debt	1,077	1,131	995	661	676	583
Asset retirement obligations	202	264	80	59	59	58
Deferred tax liabilities, net	✕	✕	86	87	344	296
Deferred income tax liabilities	150	92	✕	✕	✕	✕
Liability, pension and other postretirement and postemployment benefits	135	114	110	102	95	76
Accrued environmental loss contingencies	148	189	206	106	109	76
Regulatory liability	421	443	478	287	49	43
Other liabilities	12	18	27	9	11	23
Derivative instruments and hedges, liabilities	9	12	7	10	9	11
Other undisclosed noncurrent liabilities	5	8	7	6	5	22
Total noncurrent liabilities:	1,082	1,140	1,002	667	681	604
Other undisclosed liabilities	2,776				808	1,006
Total liabilities:	5,022	2,871	2,583	1,550	2,441	2,443
Stockholders' equity
Stockholders' equity attributable to parent, including:	1,661	1,424	1,267	1,192	1,289	1,038
Common stock	126	115	107	99	99	89
Treasury stock, value	(0)	(0)	(0)	(0)	(0)	(0)
Additional paid in capital	1,218	1,028	843	710	707	499
Accumulated other comprehensive loss	(38)	(33)	(26)	(37)	(27)	(24)
Retained earnings	356	313	343		511	474
Other undisclosed stockholders' equity attributable to parent				420
Stockholders' equity attributable to noncontrolling interest	6
Total stockholders' equity:	1,667	1,424	1,267	1,192	1,289	1,038
Other undisclosed liabilities and equity		2,070	2,107	1,123
TOTAL LIABILITIES AND EQUITY:	6,689	6,365	5,957	3,865	3,731	3,481

Income statement (P&L) ($ in millions)
Annual | Quarterly

	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Revenues	1,541	1,629	1,641	1,243	1,037	960
Revenue, net	✕	✕	✕	512	454	529
Cost of revenue	(842)	(1,061)	(1,097)	(873)	(606)	(648)
Cost of goods and services sold	(39)	(37)	(32)	(866)	(599)	(576)
Gross profit:	700	568	544	370	430	312
Operating expenses	(417)	(366)	(444)	(366)	(241)	(155)
Operating income:	282	201	101	4	189	157
Nonoperating income	8	4	2	15	10	10
Investment income, nonoperating	5	(15)	36	(14)	28	8
Interest and debt expense	(119)	(114)	(90)	(54)	(31)	(32)
Income (loss) from continuing operations before equity method investments, income taxes:	172	91	13	(34)	168	135
Income (loss) from equity method investments	8				5	(28)
Income (loss) from continuing operations before income taxes:	180	91	13	(34)	173	107
Income tax expense (benefit)	(23)	(21)	(1)	25	(54)	(1)
Income (loss) from continuing operations:	157	70	12	(9)	119	106
Income from discontinued operations	0
Income (loss) before gain (loss) on sale of properties:	157	70	12	(9)	119	106
Other undisclosed net loss	(0)				(0)	(1)
Net income (loss):	157	70	12	(9)	119	105
Net income attributable to noncontrolling interest	0
Other undisclosed net income attributable to parent		7	5	6
Net income (loss) available to common stockholders, diluted:	157	77	18	(3)	119	105

Comprehensive Income ($ in millions)
Annual | Quarterly

	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net income (loss):	157	70	12	(9)	119	105
Other comprehensive income (loss)	(6)	(6)	11	(9)	(3)	6
Other undisclosed comprehensive income	0
Comprehensive income (loss):	151	63	23	(19)	116	111
Comprehensive income, net of tax, attributable to noncontrolling interest	0
Other undisclosed comprehensive income (loss), net of tax, attributable to parent	(0)	7	5
Comprehensive income (loss), net of tax, attributable to parent:	151	70	28	(19)	116	111

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.

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

Company profile

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

Income statement (P&L) ($ in millions)
Annual | Quarterly

Comprehensive Income ($ in millions)
Annual | Quarterly

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IFRS financial reportingand analysis software

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

Company profile

Balance sheet (Statement of financial position) ($ in millions)Annual | Quarterly

Income statement (P&L) ($ in millions) Annual | Quarterly

Comprehensive Income ($ in millions)Annual | Quarterly

Statements sources

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IFRS financial reporting
and analysis software

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

Income statement (P&L) ($ in millions)
Annual | Quarterly

Comprehensive Income ($ in millions)
Annual | Quarterly