Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 497

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 497
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 See Note 2 to the financial statements in the Form 10-K for discussion of the settlement with the APSC; and

•a decrease of $18 million in spending on nuclear refueling outage costs in 2025 as compared to 2024.

Investing Activities

Net cash flow used in investing activities decreased $95.1 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 primarily due to a decrease in cash used of $103.7 million as a result of fluctuations in nuclear fuel activity due to variations from year to year in the timing and pricing of fuel reload requirements, material and services deliveries, and the timing of cash payments during the 

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Table of ContentsSystem Energy Resources, Inc.Management’s Financial Discussion and Analysis

nuclear fuel cycle and a decrease of $26.7 million in nuclear construction expenditures primarily due to higher spending in 2024 on Grand Gulf outage projects and upgrades.  The decrease was partially offset by money pool activity.

Increases in System Energy’s receivable from the money pool are a use of cash flow, and System Energy’s receivable from the money pool increased $30.3 million for the nine months ended September 30, 2025 compared to increasing by $8.1 million for the nine months ended September 30, 2024.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and other borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.

Financing Activities

System Energy’s financing activities used $82.4 million of cash for the nine months ended September 30, 2025 compared to providing $206.1 million of cash for the nine months ended September 30, 2024 primarily due to the following activity:

•the repayment, prior to maturity, of $200 million of 2.14% Series mortgage bonds in June 2025;

•a capital contribution of $150 million received from Entergy Corporation in January 2024 in order to maintain System Energy’s capital structure;

•net repayments of $33.1 million in 2025 compared to net long-term borrowings of $68.5 million in 2024 on the nuclear fuel company variable interest entity’s credit facility;

•$80 million in common stock dividends and distributions paid in 2025.  No common stock dividends or distributions were paid in 2024