Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 253

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1A
Chunk 253
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 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 Mississippi’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$6,630 $16,979 $47,627 Net cash provided by (used in): Operating activities699,455 559,391 405,649 Investing activities(705,219)(527,978)(620,740)Financing activities154,827 (41,762)184,443 Net increase (decrease) in cash and cash equivalents149,063 (10,349)(30,648)Cash and cash equivalents at end of period$155,693 $6,630 $16,979 

2024 Compared to 2023

Operating Activities

Net cash flow provided by operating activities increased $140.1 million in 2024 primarily due to:

•lower fuel and purchased power costs;

•income tax refunds of $14.2 million in 2024 as compared to income tax payments of $50.9 million in 2023.  Entergy Mississippi received income tax refunds in 2024 and made income tax payments in 2023, each in accordance with an intercompany income tax allocation agreement;

•a decrease of $13 million in storm spending in 2024 as compared to 2023; and

•a decrease of $6.1 million in pension contributions in 2024.  See “Critical Accounting Estimates – Qualified Pension and Other Postretirement Benefits” below and Note 11 to the financial statements for a discussion of qualified pension and other postretirement benefits funding.

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Table of ContentsEntergy Mississippi, LLC and