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Below are the financial statements of Portland General Electric, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Portland General Electric, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 12a | 5a |
| Accounts receivable, net | 456a | 414a |
| Inventories, at average cost | — | — |
| Materials and supplies | 92a | 83a |
| Fuel | 22a | 30a |
| Regulatory assets-current | 205a | 221a |
| Other current assets | 238a | 182a |
| Total current assets | 1,025a | 935a |
| Electric utility plant | — | — |
| In service | 14,863a | 13,329a |
| Accumulated depreciation and amortization | -5,085a | -4,757a |
| In service, net | 9,778a | 8,572a |
| Construction work-in-progress | 567a | 974a |
| Electric utility plant, net | 10,345a | 9,546a |
| Regulatory assets-noncurrent | 632a | 492a |
| Nuclear decommissioning trust | 30a | 31a |
| Non-qualified benefit plan trust | 34a | 35a |
| Other noncurrent assets | 478a | 169a |
| Total assets | 12,544a | 11,208a |
| Liabilities and shareholders’ equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 365a | 347a |
| Liabilities from price risk management activities-current | 147a | 164a |
| Short-term debt | 0a | 146a |
| Current portion of long-term debt | 170a | 80a |
| Current portion of finance lease obligations | 27a | 20a |
| Accrued expenses and other current liabilities | 410a | 355a |
| Total current liabilities | 1,119a | 1,112a |
| Long-term debt, net of current portion | 4,354a | 3,905a |
| Regulatory liabilities-noncurrent | 1,440a | 1,398a |
| Deferred income taxes | 564a | 488a |
| Deferred investment tax credits | 61a | 0a |
| Unfunded status of pension and postretirement plans | 140a | 172a |
| Liabilities from price risk management activities-noncurrent | 72a | 75a |
| Asset retirement obligations | 292a | 272a |
| Non-qualified benefit plan liabilities | 74a | 79a |
| Finance lease obligations, net of current portion | 276a | 289a |
| Other noncurrent liabilities | 358a | 99a |
| Total liabilities | 8,750a | 7,889a |
| Shareholders’ equity | — | — |
| Preferred stock | 0a | 0a |
| Common stock | 2,118a | 1,750a |
| Accumulated other comprehensive loss | -4a | -5a |
| Retained earnings | 1,680a | 1,574a |
| Total shareholders’ equity | 3,794a | 3,319a |
| Total liabilities and shareholders’ equity | 12,544a | 11,208a |
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