PENNICHUCK CORPORATION AND SUBSIDIARIES
Consolidated Balance Sheets - Continued
As of December 31, 2020 and 2019
(in thousands, except share data)
2020
STOCKHOLDER'S EQUITY AND LIABILITIES
Stockholder's Equity:
Common stock; $0.01 par value; 1,000 shares
authorized, issued and outstanding S -
Additional paid in capital 30,561
Accumulated deficit (30,403)
Accumulated other comprehensive income 254
Total Stockholder's Equity 412
Long-Term Debt, Less Current Portion
and Unamortized Debt Issuance Costs 223,805
Current Liabilities:
Lines of credit 5,480
Current portion of long-term debt 6,018
Accounts payable 2,973
Deferred revenue 66
Accrued interest payable 1,304
Other accrued expenses 390
Accrued wages and payroll withholding 306
Customer deposits and other 435
Total Current Liabilities 16,972
Other Liabilities and Deferred Credits:
Deferred income taxes 14,931
Accrued pension liability 15,424
Unamortized debt premium 3,109
Deferred investment tax credits 405
Regulatory liability 9,918
Accrued post-retirement benefits 4,910
Customer advances 84
Contributions in aid of construction, net 56,536
Derivative instrument 460
Other long-term liabilities 332
Total Other Liabilities and Deferred Credits 106,109
TOTAL STOCKHOLDER'S EQUITY AND LIABILITIES S$ 347,298
$
2019
30,561
(28,140)
318
2,739
__212,296
9,283
6,582
3,529
59
1,723
898
192
322
22,588
14,427
12,971
3,162
438
9,930
3,982
84
54,770
353
404
100,521
338,144
The accompanying notes are an integral part of these consolidated financial statements.
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