Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 300

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1A
Chunk 300
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 and the FERC for the Company to assess the likelihood of recovery in future rates or of a future reduction in rates based on precedents of the City Council’s and the FERC’s treatment of similar costs under similar circumstances. We evaluated external information and compared to management’s recorded regulatory asset and liability balances for completeness.

•For regulatory matters in process, we inspected the Company’s filings with the City Council and the FERC and orders issued, and considered the filings with the City Council and the FERC by intervenors that may impact the Company’s future rates, for any evidence that might contradict management’s assertions.

•We obtained an analysis from management and support from internal and external legal counsel, as appropriate, regarding probability of recovery for regulatory assets or refund or future reduction in rates for regulatory liabilities not yet addressed in a regulatory order to assess management’s assertion that amounts are probable of recovery or refund or a future reduction in rates.

•We obtained representation from management regarding probability of recovery for regulatory assets or refund or future reduction in rates for regulatory liabilities to assess management’s assertion that amounts are probable of recovery, refund, or a future reduction in rates.

/s/ DELOITTE & TOUCHE LLP

New Orleans, Louisiana

February 18, 2025

We have served as the Company’s auditor since 2001.

411

ENTERGY NEW ORLEANS, LLC AND SUBSIDIARIESCONSOLIDATED INCOME STATEMENTS For the Years Ended December 31, 202420232022 (In Thousands)OPERATING REVENUES   Electric$708,354 $737,974 $855,248 Natural gas102,210 105,959 142,085 TOTAL810,564 843,933 997,333 OPERATING EXPENSES   Operation and Maintenance:   Fuel, fuel-related expenses, and gas purchased for resale99,055 122,400 244,994 Purchased power252,863 268,478 314,283 Other operation and maintenance172,101 167,719 156,653 Taxes other than income taxes60,476 62,979 63,743 Depreciation and amortization84,937 81,282 76,938 Other regulatory charges (credits) - net85,136 69,211 19,596 TOTAL754,568 772,069 876,207 OPERATING INCOME55,996 71,864 121,126 OTHER IN