Page 36 - SWGas Annual Report 2015
P. 36
SOUTHWEST GAS CORPORATION AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(Thousands of dollars, except par value)
December 31, 2015 2014
ASSETS $ 5,854,917 $ 5,556,599
Utility plant:
Gas plant (2,084,007) (1,973,098)
Less: accumulated depreciation 370 550
Acquisition adjustments, net
Construction work in progress 119,805 74,332
Net utility plant (Note 2) 3,891,085 3,658,383
Other property and investments (Note 1) 313,531 326,743
Restricted cash — 821
Current assets: 35,997 39,566
Cash and cash equivalents 314,512 281,824
Accounts receivable, net of allowances (Note 3)
Accrued utility revenue 74,700 73,900
Income taxes receivable, net 34,175 21,853
Deferred income taxes, net (Note 12)
Deferred purchased gas costs (Note 4) — 2,109
Prepaids and other current assets (Notes 1, 4, and 13) 3,591 87,556
95,199 99,803
Total current assets
558,174 606,611
Noncurrent assets:
Goodwill (Note 1) 126,145 143,160
Deferred income taxes (Note 12) 428 —
Deferred charges and other assets (Notes 2, 4, and 13)
469,322 472,579
Total noncurrent assets
595,895 615,739
Total assets
$ 5,358,685 $ 5,208,297
Southwest Gas Corporation
