Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 501

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 501
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) a Federal Power Act Section 205 application seeking approval to modify the entitlement percentages of the remaining purchasers under the Unit Power Sales Agreement in connection with the foregoing divestiture.  In July 2025 the FERC issued an order accepting the Federal Power Act Section 205 application to remove Entergy Louisiana as a party to the Unit Power Sales Agreement.  As a result of the order, the Unit Power Sales Agreement entitlement percentages of the remaining purchasers were permanently modified to exclude Entergy Louisiana effective October 2025.  The FERC also issued an order dismissing the Federal Power Act Section 203 application based on lack of jurisdiction.  See Note 1 to the financial statements herein for additional information regarding the amended Unit Power Sales Agreement.

Nuclear Matters

See “MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS – Nuclear Matters” in the Form 10-K for a discussion of nuclear matters.

Environmental Risks

See “MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS – Environmental Risks” in the Form 10-K for a discussion of environmental risks.

193

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

Critical Accounting Estimates

See “MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS - Critical Accounting Estimates” in the Form 10-K for a discussion of the estimates and judgments necessary in System Energy’s accounting for nuclear decommissioning costs, utility regulatory accounting, taxation and uncertain tax positions, qualified pension and other postretirement benefits, and other contingencies.

New Accounting Pronouncements

See the “New Accounting Pronouncements” section of Note 1 to the financial statements in the Form 10-K for a discussion of new accounting pronouncements and the “New Accounting Pronouncements” section of Entergy Corporation and Subsidiaries Management’s Financial Discussion and Analysis herein for updates to the discussion of new accounting pronouncements.

194

SYSTEM ENERGY RESOURCES, INC.INCOME STATEMENTSFor the Three and Nine Months Ended September 30, 2025 and 2024(Unaudited)Three Months EndedNine Months Ended2025202420252024(In Thousands)(In Thousands)OPERATING REVENUESElectric$148,071 $147,339 $433,740 $445,893 OPERATING EXPENSESOperation and Maintenance:Fuel, fuel-related expenses, and gas purchased for resale16,748 17,427 47,686 47,664 Nuclear refueling outage expenses4,194 4,180 12