Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 32

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 3
Chunk 32
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 of period$155,693 $6,630 Net cash provided by (used in):Operating activities120,105 34,401 Investing activities(432,064)(112,436)Financing activities754,423 73,530 Net increase (decrease) in cash and cash equivalents442,464 (4,505)Cash and cash equivalents at end of period$598,157 $2,125 

Operating Activities

Net cash flow provided by operating activities increased $85.7 million for the three months ended March 31, 2025 compared to the three months ended March 31, 2024 primarily due to the receipt of $108.4 million in advance payments related to customer agreements and higher collections from customers, including $25 million of deferred revenue.  The increase was partially offset by:

•the timing of recovery of fuel and purchased power costs.  See Note 2 to the financial statements in the Form 10-K for a discussion of fuel and purchased power cost recovery;

•the timing of payments to vendors; and

•higher fuel and purchased power payments.

Investing Activities

Net cash flow used in investing activities increased $319.6 million for the three months ended March 31, 2025 compared to the three months ended March 31, 2024 primarily due to an increase of $239 million in non-nuclear generation construction expenditures primarily due to higher spending on the Delta Blues Advanced Power Station project, the Penton Solar project, and other non-nuclear generation projects and money pool activity.

Increases in Entergy Mississippi’s receivable from the money pool are a use of cash flow, and Entergy Mississippi’s receivable from the money pool increased $94.3 million for the three months ended March 31, 2025.  The money pool is an intercompany cash management program that makes possible intercompany borrowing and lending arrangements, and the money pool and other borrowing arrangements are designed to reduce the Registrant Subsidiaries’ dependence on external short-term borrowings.

Financing Activities

Net cash flow provided by financing activities increased $680.9 million for the three months ended March 31, 2025 compared to the three months ended March 31, 2024 primarily due to:

•the issuance of $600 million of 5.80% Series mortgage bonds in March 2025;

•an increase of $107.6 million in advance payments from customers for construction related to transmission, distribution, and generator interconnection agreements