Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 478

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 478
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 due to book and tax differences related to the allowance for equity funds used during construction and certain book and tax differences related to utility plant items.

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.

Liquidity and Capital Resources

Cash Flow

Cash flows for the nine months ended September 30, 2025 and 2024 were as follows:

20252024(In Thousands)Cash and cash equivalents at beginning of period$184,997 $21,986 Net cash provided by (used in):Operating activities413,075 550,819 Investing activities(1,201,029)(576,495)Financing activities603,746 357,333 Net increase (decrease) in cash and cash equivalents(184,208)331,657 Cash and cash equivalents at end of period$789 $353,643 

Operating Activities

Net cash flow provided by operating activities decreased $137.7 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 primarily due to the timing of recovery of fuel and purchased power costs and higher fuel and purchased power payments and an increase of $23.2 million in interest paid.  The decrease was partially offset by higher collections from customers, a decrease of $13.7 million in storm spending, and the timing of payments to vendors.  See Note 2 to the financial statements herein and in the Form 10-K for a discussion of fuel and purchased power cost recovery.

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Table of ContentsEntergy Texas, Inc. and SubsidiariesManagement’s Financial Discussion and Analysis

Investing Activities

Net cash flow used in investing activities increased $624.5 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 primarily due to an increase of $458 million in non-nuclear generation construction expenditures primarily due to higher spending on the Lone Star Power Station project, the Legend Power Station project, and the Orange County Advanced Power Station project and money pool activity.  The increase was partially offset by:

•proceeds of $41.4 million received from the transfer of assets related to the Segno Solar and Votaw Solar facilities from Entergy Texas to Entergy Louisiana in third quarter 2025.  See “Uses and Sources