Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 135

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 4
Chunk 135
---
 earned on preferred membership interests and certain book and tax differences related to utility plant items, partially offset by the accrual for state income taxes and the amortization of state accumulated deferred income taxes as a result of tax rate changes.

Income Tax Legislation and Regulation

See “MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS - Income Tax Legislation and Regulation” herein and in the Form 10-K for discussion of income tax legislation and regulation.  See Note 10 to the financial statements herein for discussion of the nuclear production tax credits recorded in second quarter 2025.

109

Table of ContentsEntergy Louisiana, LLC and SubsidiariesManagement’s Financial Discussion and Analysis

Sale of Natural Gas Distribution Business

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 discussion of the sale of Entergy Louisiana’s gas distribution business on July 1, 2025.

Liquidity and Capital Resources

Cash Flow

Cash flows for the six months ended June 30, 2025 and 2024 were as follows:

20252024(In Thousands)Cash and cash equivalents at beginning of period$327,102 $2,772 Net cash provided by (used in):Operating activities978,699 808,398 Investing activities(1,467,670)(639,095)Financing activities461,319 13,706 Net increase (decrease) in cash and cash equivalents(27,652)183,009 Cash and cash equivalents at end of period$299,450 $185,781 

Operating Activities

Net cash flow provided by operating activities increased $170.3 million for the six months ended June 30, 2025 compared to the six months ended June 30, 2024 primarily due to the receipt of $204.7 million in advance payments related to customer agreements in 2025, which are recorded as current liabilities and included within changes in other working capital accounts, and higher collections from customers.  The increase was partially offset by:

•higher fuel and purchased power payments and the timing of recovery of fuel and purchased power costs.  See Note 2 to the financial statements herein and in the Form 10-K for a discussion of fuel and purchased power cost recovery;

•an increase of $45.4 million in interest paid; and

•an increase of $19 million in spending on nuclear refueling outages in