Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 394

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 1
Chunk 394
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 and Capital Resources

Cash Flow

Cash flows for the nine months ended September 30, 2025 and 2024 were as follows:

 20252024 (In Thousands)Cash and cash equivalents at beginning of period$4,747 $3,632 Net cash provided by (used in):Operating activities1,081,700 836,755 Investing activities(896,720)(1,252,242)Financing activities286,679 1,052,038 Net increase in cash and cash equivalents471,659 636,551 Cash and cash equivalents at end of period$476,406 $640,183 

Operating Activities

Net cash flow provided by operating activities increased $244.9 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 primarily due to:

•the receipt of $160.2 million in payments related to the sale of nuclear and solar production tax credits in third quarter 2025.  See Note 3 to the financial statements in the Form 10-K and see Note 10 to the financial statements herein for discussion of the nuclear and solar production tax credits;

•higher collections from customers; and

•a decrease of $22.4 million in spending on nuclear refueling outages in 2025 as compared to 2024.

The increase was partially offset by:

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

•the receipt of $92.7 million in settlement proceeds in 2024 as a result of the System Energy settlement with the APSC, which was subsequently refunded to retail customers in third quarter 2024 with one-time bill credits through the Grand Gulf credit rider.  See Note 2 to the financial statements in the Form 10-K for discussion of the System Energy settlement agreement with the APSC and the Grand Gulf credit rider.

Investing Activities

Net cash flow used in investing activities decreased $355.5 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 primarily due to:

•the initial payment of approximately $307.7 million in August 2024 for the purchase of the Driver Solar facility;

•the initial and substantial completion payments totaling approximately $185.5 million in 2024 for the purchase of the Walnut Bend Solar