PENNICHUCK CORPORATION AND SUBSIDIARIES
Consolidated Statement of Changes in Stockholder's Equity (Deficit)
For the Year Ended December 31, 2021
(in thousands, except per share data)
Accumulated
Additional Other
Common Stock Paidin Accumulated Comprehensive
Shares Amount Capital Deficit Income Total
Balance as of
January 1, 2021 1,000 S - S 30,561 S (30,403) S 254 $ 412
Common dividends declared - - (279) - (279)
Net loss - - - (3,699) - (3,699)
Other comprehensive income:
Unrealized gain on derivatives,
net of taxes of $29 - - . 43 43
Reclassification of net income
realized in net loss, net of taxes
of $39 - - - 59 59
Balance as of
December 31, 2021 1,000 S - S 30,561 S (34,381) S 356 S (3,464)
The accompanying notes are an integral part of these consolidated financial statements.
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