Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 159

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 4
Chunk 159
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 Income Tax Legislation and Regulation” herein and in the Form 10-K for discussion of income tax legislation and regulation.

Liquidity and Capital Resources

Cash Flow

Cash flows for the six months ended June 30, 2025 and 2024 were as follows:

20252024(In Thousands)Cash and cash equivalents at beginning of period$155,693 $6,630 Net cash provided by (used in):Operating activities287,013 185,304 Investing activities(791,448)(314,145)Financing activities750,108 125,324 Net increase (decrease) in cash and cash equivalents245,673 (3,517)Cash and cash equivalents at end of period$401,366 $3,113 

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Table of ContentsEntergy Mississippi, LLC and SubsidiariesManagement’s Financial Discussion and Analysis

Operating Activities

Net cash flow provided by operating activities increased $101.7 million for the six months ended June 30, 2025 compared to the six months ended June 30, 2024 primarily due to the receipt of $108.4 million in advance payments related to customer agreements in 2025, which are recorded as current liabilities and included within changes in other working capital accounts, and higher collections from customers, including $25 million of deferred revenue in 2025.  The increase was partially offset by the timing of payments to vendors and higher fuel and purchased power payments.  See Note 2 to the financial statements in the Form 10-K for a discussion of fuel and purchased power cost recovery.

Investing Activities

Net cash flow used in investing activities increased $477.3 million for the six months ended June 30, 2025 compared to the six months ended June 30, 2024 primarily due to:

•an increase of $394.8 million in non-nuclear generation construction expenditures primarily due to higher spending on the Delta Blues Advanced Power Station project, the Penton Solar project, the Delta Solar project, and other non-nuclear generation projects;

•money pool activity; and

•an increase of $29.1 million in distribution construction expenditures primarily due to increased investment in the resilience of the distribution system.

The increase was partially offset by a decrease of $21.2 million in transmission construction expenditures primarily due to decreased spending on various transmission projects in 2025 and a decrease of $16.3 million in information technology capital expenditures primarily due to decreased spending on technology upgrade projects in 2025