Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 107

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 3
Chunk 107
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,222 90,222 Preferred stock dividends— — — (518)(518)Balance at June 30, 202438,750 49,452 1,200,125 1,956,265 3,244,592 Net income— — — 118,311 118,311 Preferred stock dividends— — — (518)(518)Balance at September 30, 2024$38,750 $49,452 $1,200,125 $2,074,058 $3,362,385 Balance at December 31, 2024$38,750 $49,452 $1,200,125 $2,052,885 $3,341,212 Net income— — — 66,856 66,856 Preferred stock dividends— — — (518)(518)Balance at March 31, 202538,750 49,452 1,200,125 2,119,223 3,407,550 Net income— — — 81,496 81,496 Preferred stock dividends— — — (518)(518)Balance at June 30, 202538,750 49,452 1,200,125 2,200,201 3,488,528 Net income— — — 130,006 130,006 Preferred stock dividends— — — (518)(518)Balance at September 30, 2025$38,750 $49,452 $1,200,125 $2,329,689 $3,618,016 See Notes to Financial Statements.

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SYSTEM ENERGY RESOURCES, INC.

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

System Energy’s principal asset consists of an ownership interest and a leasehold interest in Grand Gulf.  The capacity and energy from its 90% interest is sold under the Unit Power Sales Agreement to its only four customers, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans.  System Energy’s operating revenues are derived from the allocation of the capacity, energy, and related costs associated with its 90% interest in Grand Gulf pursuant to the Unit Power Sales Agreement.  See Note 1 to the financial statements herein for additional information regarding the amended Unit Power