Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 277

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 277
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,618 Other87,126 61,446 TOTAL4,486,741 3,797,404 Commitments and Contingencies  EQUITY  Member's equity2,512,631 2,400,786 Noncontrolling interest5,723 8,202 TOTAL2,518,354 2,408,988 TOTAL LIABILITIES AND EQUITY$7,780,515 $6,988,970 See Notes to Financial Statements.  

107

ENTERGY MISSISSIPPI, LLC AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN EQUITYFor the Three Months Ended March 31, 2025 and 2024(Unaudited) Noncontrolling InterestMember's EquityTotal (In Thousands)Balance at December 31, 2023$18,753 $2,189,461 $2,208,214 Net income (loss)(2,302)29,734 27,432 Balance at March 31, 2024$16,451 $2,219,195 $2,235,646 Balance at December 31, 2024$8,202 $2,400,786 $2,408,988 Net income (loss)(2,479)49,345 46,866 Capital contribution from parent— 62,500 62,500 Balance at March 31, 2025$5,723 $2,512,631 $2,518,354 See Notes to Financial Statements.

108

ENTERGY NEW ORLEANS, LLC AND SUBSIDIARIES

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

Results of Operations

Net Income

Entergy New Orleans had net income of $12.1 million for the three months ended March 31, 2025 compared to a net loss of $49.0 million for the three months ended March 31, 2024 primarily due to a $78.5 million ($57.4 million net-of-tax) regulatory charge, recorded in first quarter 2024, primarily to reflect a settlement in principle between Entergy New Orleans and the City Council in April 2024 for additional sharing with customers of income tax benefits from the resolution of the 2016-2018 IRS audit.  Also contributing to the net income were lower other operation and maintenance expenses, partially offset by higher