Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 337

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1A
Chunk 337
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 Flow

Cash flows for the years ended December 31, 2024, 2023, and 2022 were as follows:

 202420232022 (In Thousands)Cash and cash equivalents at beginning of period$60 $2,940 $89,201 Net cash provided by (used in):Operating activities31,505 273,572 7,280 Investing activities(317,935)(75,806)(264,184)Financing activities315,278 (200,646)170,643 Net increase (decrease) in cash and cash equivalents28,848 (2,880)(86,261)Cash and cash equivalents at end of period$28,908 $60 $2,940 

2024 Compared to 2023

Operating Activities

Net cash flow provided by operating activities decreased $242.1 million in 2024 primarily due to:

•the refund of $98.1 million made in 2024 to Entergy New Orleans as a result of the settlement with the City Council.  See Note 2 to the financial statements for discussion of the settlement with the City Council;

•the refund of $92.7 million made in 2024 to Entergy Arkansas as a result of the settlement with the APSC.  See Note 2 to the financial statements for discussion of the settlement with the APSC;

•the refund of $80.2 million made in 2024 to Entergy Louisiana as a result of the settlement with the LPSC.  See Note 2 to the financial statements for discussion of the settlement with the LPSC;

•$40.5 million in recoupment payments received from Entergy Louisiana and Entergy New Orleans in  October 2023 related to the sale-leaseback renewal costs and depreciation litigation as calculated in System Energy’s October 2023 compliance filing with the FERC.  See Note 2 to the financial statements for further discussion of the Grand Gulf sale-leaseback renewal complaint;

•an increase of $20.7 million in spending on nuclear refueling outage costs in 2024 as compared to 2023; 

•income tax payments of $0.6 million in 2024 as compared to income tax refunds of $19.8 million in 2023.  System Energy made income tax payments in 2024 and received income tax refunds in 2023, each in accordance with an intercompany income tax allocation agreement; and

•the timing