v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Electric Plant:    
Property, plant, and equipment $ 2,600,238 $ 2,590,904
Less accumulated depreciation (1,259,314) (1,227,806)
Net Property, plant, and equipment 1,340,924 1,363,098
Nuclear fuel, at amortized cost 16,489 13,554
Construction work in progress 106,688 92,499
Net Electric Plant 1,464,101 1,469,151
Investments:    
Nuclear decommissioning trust 312,081 292,641
Unrestricted investments and other 2,199 2,249
Total Investments 314,280 294,890
Current Assets:    
Cash and cash equivalents 24,409 40,689
Accounts receivable 2,765 4,557
Accounts receivable-members 134,594 118,202
Fuel, materials, and supplies 136,206 131,218
Prepayments and other 20,907 21,509
Total Current Assets 318,881 316,175
Deferred Charges and Other Assets:    
Regulatory assets 10,218 38,975
Other assets 15,449 45,851
Total Deferred Charges and Other Assets 25,667 84,826
Total Assets 2,122,929 2,165,042
CAPITALIZATION AND LIABILITIES:    
Patronage capital 519,395 500,407
Non-controlling interest 6,854 6,774
Total Patronage capital and Non-controlling interest 526,249 507,181
Long-term debt 875,071 874,893
Revolving credit facility 50,000 65,000
Total Long-term debt and Revolving credit facility 925,071 939,893
Total Capitalization 1,451,320 1,447,074
Current Liabilities:    
Long-term debt due within one year 49,041 49,041
Accounts payable 85,044 90,231
Accounts payable-members 78,524 67,352
Accrued expenses 6,739 5,392
Deferred energy 42,546 100,806
Total Current Liabilities 261,894 312,822
Deferred Credits and Other Liabilities:    
Asset retirement obligations 213,330 209,872
Regulatory liabilities 192,038 167,561
Other liabilities 4,347 27,713
Total Deferred Credits and Other Liabilities 409,715 405,146
Total Capitalization and Liabilities $ 2,122,929 $ 2,165,042