Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 152

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 7
Chunk 152
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Table of Contents

ENTERGY CORPORATION AND SUBSIDIARIES

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

Entergy operates primarily through a single reportable segment, Utility.  The Utility segment includes the generation, transmission, distribution, and sale of electric power in portions of Arkansas, Mississippi, Texas, and Louisiana, including the City of New Orleans; and operation of a small natural gas distribution business in portions of Louisiana.  See Note 13 to the financial statements herein and the “Held for Sale - Natural Gas Distribution Businesses” section in Note 14 to the financial statements in the Form 10-K for discussion of the planned sale of the Entergy New Orleans and Entergy Louisiana natural gas distribution businesses.  See Note 7 to the financial statements herein for discussion of and financial information regarding Entergy’s reportable segment.

Results of Operations

First Quarter 2025 Compared to First Quarter 2024

Following are income statement variances for Utility, Parent & Other, and Entergy comparing the first quarter 2025 to the first quarter 2024 showing how much the line item increased or (decreased) in comparison to the prior period.

UtilityParent &Other (a)Entergy(In Thousands)2024 Net Income (Loss) Attributable to Entergy Corporation$195,224 ($119,943)$75,281 Operating revenues57,424 (5,178)52,246 Fuel, fuel-related expenses, and gas purchased for resale(265,421)(6,674)(272,095)Purchased power122,890 (5,286)117,604 Other regulatory charges (credits) - net(126,189)— (126,189)Other operation and maintenance(18,241)3,877 (14,364)Asset write-offs, impairments, and related charges (credits)(131,775)— (131,775)Taxes other than income taxes6,362 (26)6,336 Depreciation and amortization13,215 67 13,282 Other income (deductions)(29,552)(5,046)(34,598)Interest expense54,983 7,608 62,591 Other expenses(2,739)64 (2,675)Income taxes79,725 (678)79,047 Preferred dividend requirements of subsidiaries and noncontrolling interests407 — 407 2025 Net Income (Loss) Attrib