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Casey’s General Stores Inc. plans to spend approximately $165 million this fiscal year “for construction, acquisition and remodeling of stores, primarily from existing cash and funds generated by operations,” according to the Ankeny-based company’s latest quarterly report.

During the first three months of fiscal 2010 – Casey’s fiscal year begins on May 1 – the company spent $31.4 million “for property and equipment, primarily for the construction, acquisition and remodeling of stores,” the report said.

As of July 31, Casey’s had long-term debt of $156.2 million. Its ratio of current assets to current liabilities was 1.37-to-1, compared with a ratio of 1.22-to-1 a year earlier.