Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 356

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 356
---
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 the “Held for Sale - Natural Gas Distribution Businesses” section in Note 14 to the financial statements for discussion of the planned sale of the Entergy New Orleans and Entergy Louisiana natural gas distribution businesses.  Entergy completed its multi-year strategy to exit the merchant nuclear power business in 2022.  See Note 13 to the financial statements for discussion of and financial information regarding Entergy’s business segments.

Results of Operations

2024 Compared to 2023

Following are income statement variances for Utility, Parent & Other, and Entergy comparing 2024 to 2023 showing how much the line item increased or (decreased) in comparison to the prior period.

 UtilityParent & Other (a)Entergy (In Thousands)2023 Net Income (Loss) Attributable to Entergy Corporation$2,507,127 ($150,591)$2,356,536 Operating revenues(217,142)(50,617)(267,759)Fuel, fuel-related expenses, and gas purchased for resale(541,322)(3,384)(544,706)Purchased power(97,538)(31,262)(128,800)Other regulatory charges (credits) - net132,336 — 132,336 Other operation and maintenance13,108 (13,084)24 Asset write-offs, impairments, and related charges (credits)51,813 12,642 64,455 Taxes other than income taxes(2,107)(519)(2,626)Depreciation and amortization168,117 48 168,165 Other income (deductions)244,652 (362,917)(118,265)Interest expense83,012 61,402 144,414 Other expenses10,182 96 10,278 Income taxes890,512 181,050 1,071,562 Preferred dividend requirements of subsidiaries and noncontrolling interests(180)— (180)2024 Net Income (Loss) Attributable to Entergy Corporation$1,826,704 ($771,