Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 540

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 7
Chunk 540
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 reasons for the differences for the years 2024, 2023, and 2022 are: 202420232022 (In Thousands)Net income attributable to Entergy Corporation$1,055,590$2,356,536$1,103,166Preferred dividend requirements of subsidiaries and noncontrolling interests5,5945,774(6,028)Consolidated net income1,061,1842,362,3101,097,138Income taxes381,027(690,535)(38,978)Income before income taxes$1,442,211$1,671,775$1,058,160Income taxes computed at statutory rate (21%)$302,864$351,073$222,214Increases (reductions) in tax resulting from:   State income taxes net of federal income tax effect81,37770,14461,368Regulatory differences - utility plant items(30,288)(27,901)(32,143)Equity component of AFUDC(27,343)(20,172)(14,156)Amortization of investment tax credits(8,808)(7,978)(7,740)Flow-through / permanent differences33(1,374)1,011Amortization of deficient/(excess) ADIT (a)19,1699,102(34,899)IRS audit resolution (b)—(842,769)—Reversal of regulatory liability (c)—(105,649)—Entergy Louisiana securitization (d)—(129,034)(282,620)System Energy sale-leaseback order (e)——12,662State audit resolution (f)(9,057)——State rate change (g)28,636——Provision for uncertain tax positions21,48718,88434,423Valuation allowance(780)(8,697)(2,754)Other - net3,7373,8363,656Total income taxes as reported$381,027($690,535)($38,978)Effective Income Tax Rate26.4 %(41.3 %)(3.7 %)(a)See “Other Tax Matters - Tax Cuts and Jobs Act” below for discussion of the amortization of excess accumulated deferred income taxes (ADIT) in 2024, 2023, and 2022 and the tax legislation enactment in 2017.

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Table of ContentsEntergy Corporation and SubsidiariesNotes