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Allete Inc (ALE)

Allete Inc (ALE)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  06-2024 03-2024 12-2023 09-2023 06-2023
Cash Flows From Operating Activities
Net Income 56,700 37,000 178,900 147,900 78,300
Depreciation Amortization 131,700 65,300 253,600 189,600 125,900
Income taxes - deferred -8,000 -2,900 17,600 1,300 -12,900
Accounts receivable 6,000 -5,500 1,800 17,200 14,000
Accounts payable and accrued liabilities -12,800 -10,400 -4,000 -8,000 -13,300
Other Working Capital -40,000 -46,600 153,700 104,700 87,900
Other Operating Activity 42,900 23,200 -16,300 67,300 51,700
Operating Cash Flow $176,500 $60,100 $585,300 $520,000 $331,600
Cash Flows From Investing Activities
Change In Deposits -200 -100 -8,400 -300 -200
PPE Investments -134,000 -60,600 -271,200 -184,100 -120,500
Purchase Of Investment -3,900 N/A N/A -6,600 -4,300
Sale Of Investment N/A -1,600 N/A N/A N/A
Other Investing Activity 1,300 1,500 -4,000 -9,600 -6,300
Investing Cash Flow $-136,800 $-60,800 $-283,600 $-200,600 $-131,300
Cash Flows From Financing Activities
Change In Short Term Borrowing N/A N/A 437,000 409,800 403,700
Debt Issued 306,000 156,000 N/A N/A N/A
Debt Repayment -309,000 -158,000 N/A N/A N/A
Common Stock Issued 6,400 2,000 14,900 11,400 7,700
Dividend Paid -81,300 -40,600 -155,500 -116,500 -77,600
Other Financing Activity 2,500 2,200 -558,900 -533,100 -523,200
Financing Cash Flow $-75,400 $-38,400 $-262,500 $-228,400 $-189,400
Beginning Cash Position 79,400 79,400 40,200 40,200 40,200
End Cash Position 43,700 40,300 79,400 131,200 51,100
Net Cash Flow $-35,700 $-39,100 $39,200 $91,000 $10,900
Free Cash Flow
Operating Cash Flow 176,500 60,100 585,300 520,000 331,600
Capital Expenditure -134,000 -60,600 -271,200 -184,100 -120,500
Free Cash Flow 42,500 -500 314,100 335,900 211,100
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