Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 307

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1A
Chunk 307
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 were 18.3% for 2024 and 17.8% for 2023.  See Note 3 to the financial statements for a reconciliation of the federal statutory rate of 21% to the effective income tax rates and for additional discussion regarding income taxes.

2023 Compared to 2022

See “MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS - Results of Operations” in Item 7 of Entergy Texas’s Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on February 23, 2024, for discussion of results of operations for 2023 compared to 2022.

Income Tax Legislation and Regulation

See the “Income Tax Legislation and Regulation” section of Entergy Corporation and Subsidiaries Management’s Financial Discussion and Analysis for discussion of income tax legislation and regulation.

Liquidity and Capital Resources

Cash Flow

    Cash flows for the years ended December 31, 2024, 2023, and 2022 were as follows:

 202420232022 (In Thousands)Cash and cash equivalents at beginning of period$21,986 $3,497 $28 Net cash provided by (used in):   Operating activities823,649 641,691 409,427 Investing activities(928,418)(1,125,948)(764,069)Financing activities267,780 502,746 358,111 Net increase in cash and cash equivalents163,011 18,489 3,469 Cash and cash equivalents at end of period$184,997 $21,986 $3,497 

2024 Compared to 2023

Operating Activities

Net cash flow provided by operating activities increased $182 million in 2024 primarily due to lower fuel and purchased power costs and the timing of recovery of fuel and purchased power costs.  See Note 2 to the financial statements for a discussion of fuel and purchased power cost recovery.  The increase was partially offset by:

•the timing of payments to vendors;

•an increase of $22.6 million in interest paid; and

•an increase of $14.5 million in storm spending primarily due to Hurricane Beryl restoration efforts in 2024.

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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 decreased $197.5 million in