Company: AILIM
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0001002910-25-000055
Chunk: 112

Company: Ameren Illinois Co
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 112
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 loss carryforwards:Federal(a)$— $— $30 $30 State(b)— 34 29 63 Total net operating loss carryforwards$— $34 $59 $93 Tax credit carryforwards:Federal(c)$355 $9 $44 $408 State(d)— 2 — 2 Total tax credit carryforwards$355 $11 $44 $410 2023Net operating loss carryforwards:Federal$— $— $— $— State— 26 16 42 Total net operating loss carryforwards$— $26 $16 $42 Tax credit carryforwards:Federal$124 $5 $45 $174 State— 2 — 2 Total tax credit carryforwards$124 $7 $45 $176 (a)No expiration date.(b)Will expire between 2032 and 2044.(c)Will expire between 2031 and 2044.(d)Will expire between 2025 and 2028.Uncertain Tax PositionsAs of December 31, 2024 and 2023, the Ameren Companies did not record any uncertain tax positions.Ameren is a part of the IRS’s compliance assurance process program, which involves real-time review of compliance with federal income tax law. State income tax returns are generally subject to examination for a period of three years after filing. The state impact of any federal changes remains subject to examination by various states for up to one year after formal notification to the states. Ameren’s federal tax return for the 2023 tax year is open, but, at the time of this filing, the Ameren Companies do not have material income tax issues under examination, administrative appeals, or litigation.

NOTE 13 – RELATED-PARTY TRANSACTIONS

In the normal course of business, Ameren Missouri and Ameren Illinois engage in affiliate transactions. These transactions primarily consist of natural gas and power purchases and sales, services received or rendered, and borrowings and lendings. Transactions between Ameren’s subsidiaries are reported as affiliate transactions on their individual financial statements, but those transactions are eliminated in consolidation for Ameren’s consolidated financial statements. Below are the material related-party agreements.Electric Power Supply AgreementsAmeren Illinois must acquire capacity and energy sufficient to meet its obligations to customers. Ameren Illinois uses periodic RFP processes, administered