2025 Essential Annual Report

ESSENTIAL UTILITIES, INC. AND SUBSIDIARIES Notes to Consolidated Financial Statements (continued) (In thousands of dollars, except per share amounts)

Total Reportable Segments

Regulated Water

Regulated Natural Gas

Other and Eliminations Consolidated

2023

Revenues from external customers

$ 1,153,376 $ 860,586 $ 2,013,962 $ 39,862 $ 2,053,824

Intersegment revenues Total operating revenues

-

3,173

3,173

(3,173)

-

$ 1,153,376 $ 863,759 $ 2,017,135 $ 36,689 $ 2,053,824

Operations and maintenance expense

$ 368,843 $ 209,073 $ 577,916 $ (2,398) $

575,518 352,306 343,695 90,208 279,961

Purchased gas

$

- $ 327,548 $ 327,548 $ 24,758 $

Depreciation and amortization Taxes other than income taxes

$ 217,593 $ 125,263 $ 342,856 $

839 $

$

62,759 $ 23,846 $

86,605 $

3,603 $

Interest expense, net

$ 124,680 $ 92,320 $ 217,000 $ 62,961 $

Allowance for funds used during construction

$ (14,786) $ (2,181) $

(16,967) $

-$ (16,967)

Loss (gain) on sale of assets

$ $ $

(624) $

559 $ 121 $

(65) $

- $

(65)

Other segment items (b)

(3,596) $

(3,475) $

862 $

(2,613) (66,445) 498,226

Provision for income taxes (benefit)

57,546 $ (113,353) $

(55,807) $ (10,638) $

Net income (loss) Capital expenditures

$ 340,961 $ 200,563 $ 541,524 $ (43,298) $

$ 668,720 $ 527,538 $ 1,196,258 $

2,845 $ 1,199,103

(a) Refer to Note 3 – Dispositions for additional information. (b) Other segment items mainly consists of the non-service cost component of pension and other postretirement benefits for our regulated segments.

Note 20 – Other Supplemental Cash Flow Information

The following table provides the components of the Company’s cash paid for income taxes for the following years presented:

Years Ended December 31,

2025

2024

2023

Federal

$

- $

- $

-

State

Pennsylvania

8,229

5,882

6,900

Texas

563 288

503 313

403 536

Other States

Total

$

9,080 $

6,698 $

7,839

83

Made with FlippingBook - PDF hosting