Company: AILIM
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001002910-25-000098
Chunk: 24

Company: Ameren Illinois Co
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 2
Chunk 24
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 gas purchased for resale are recovered from customers through rate adjustment mechanisms, which may be adjusted without a traditional regulatory rate review, subject to prudence reviews. Similar regulatory mechanisms exist for certain other operating expenses that can also affect the timing of cash provided by operating activities. The timing of cash payments for costs recoverable under our regulatory mechanisms differs from the recovery period of those costs. Additionally, the seasonality of our electric and natural gas businesses, primarily caused by seasonal customer rates and changes in customer demand due to weather, significantly affects the amount and timing of our cash provided by operating activities.

Ameren

Ameren’s cash provided by operating activities decreased $61 million in the first three months of 2025, compared with the year-ago period. The following items contributed to the decrease:

•A $62 million increase in interest payments, primarily due to an increase in the average outstanding debt.

•A $24 million decrease due to the timing of receipts and refunds of customer deposits.

•A $22 million decrease due to the absence of insurance proceeds received in 2024 related to workers’ compensation claims at Ameren Illinois.

•A $10 million decrease due to payments for the spring 2025 scheduled refueling and maintenance outage at the Callaway Energy Center, which began in late March 2025. There was no scheduled outage in 2024.

•An $8 million decrease due to the absence of payments received from the DOE in 2024 for reimbursement of spent nuclear fuel storage and related costs.

•An $8 million increase in property tax payments at Ameren Missouri, primarily due to higher assessed property tax values.

•An $8 million decrease due to higher restoration costs, primarily at Ameren Illinois, related to major storms in January and March 2025.

•A $7 million decrease due to the timing of payments for accounts payable and prepaid expenses.

The following items partially offset the decrease in Ameren’s cash from operating activities between periods:

•A $96 million increase, primarily at Ameren Illinois, resulting from increased customer collections primarily from electric distribution and transmission base rate increases and rate base growth and higher electric and natural gas distribution sales volumes due to colder winter temperatures in 2025.

•An $8 million increase due to lower payments for coal deliveries primarily due to weather-related transportation delays.

Ameren Missouri

Ameren Missouri’s cash provided by operating activities decreased $80 million in the first three months of 2025, compared with the year-ago period. The following items contributed to the