Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 217

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1A
Chunk 217
---
 activities increased $215.4 million in 2024 primarily due to:

•the receipt of a $151.7 million advance payment in 2024 from a customer related to a generation agreement;

•the timing of payments to vendors;

•the receipt of $80.2 million in settlement proceeds in December 2024 as a result of the System Energy settlement with the LPSC.  See Note 2 to the financial statements for discussion of the System Energy settlement agreement with the LPSC;

•a decrease of $44.6 million in spending on nuclear refueling outages in 2024 as compared to 2023;

•$21.3 million received in third quarter 2024 related to the wind up of the NISCO partnership.  See Note 9 to the financial statements for a discussion of the NISCO partnership; and

•a decrease of $10 million in interest paid.

The increase was partially offset by:

•income tax payments of $16.9 million in 2024 compared to income tax refunds of $141.1 million in 2023.  Entergy Louisiana made income tax payments in 2024 and received income tax refunds in 2023, each in accordance with an intercompany income tax allocation agreement;

•lower collections from customers;

•the timing of recovery of fuel and purchased power costs.  See Note 2 to the financial statements for a discussion of fuel and purchased power cost recovery;

•the refund of $27.8 million received from System Energy in January 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s January 2023 compliance report filed with the FERC.  See Note 2 to the financial statements for further discussion of the refund and the related proceedings; and

•an increase of $19.5 million in storm spending primarily due to Hurricane Francine restoration efforts in 2024.

Investing Activities

Net cash flow used in investing activities decreased $1,527.3 million in 2024 primarily due to:

•the purchase in 2023 of $1,457.7 million by the storm trust II of preferred membership interests issued by an Entergy affiliate.  See Note 2 to the financial statements for a discussion of the March 2023 storm cost securitization and the storm trust II’s investment in preferred membership interests;

•a decrease in cash used of $69.8 million as a result of fluctuations in nuclear fuel activity due to variations from year to year in the timing