Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 18

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 3
Chunk 18
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, LLC AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN EQUITYFor the Six Months Ended June 30, 2025 and 2024(Unaudited)Noncontrolling InterestMember's EquityTotal(In Thousands)Balance at December 31, 2023$21,599 $3,739,071 $3,760,670 Net loss(1,818)(30,462)(32,280)Capital contribution from parent— 275,000 275,000 Distributions to noncontrolling interest(250)— (250)Balance at March 31, 202419,5313,983,6094,003,140Net income (loss)(825)96,184 95,359 Capital contribution from parent— 420,000 420,000 Distributions to noncontrolling interest(31)— (31)Balance at June 30, 2024$18,675 $4,499,793 $4,518,468 Balance at December 31, 2024$15,168 $4,448,837 $4,464,005 Net income (loss)(1,191)87,714 86,523 Distributions to noncontrolling interest(181)— (181)Balance at March 31, 202513,7964,536,5514,550,347Net income (loss)(889)100,082 99,193 Distributions to noncontrolling interest(275)— (275)Balance at June 30, 2025$12,632 $4,636,633 $4,649,265 See Notes to Financial Statements.

104

ENTERGY LOUISIANA, LLC AND SUBSIDIARIES

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

Results of Operations

Net Income

Second Quarter 2025 Compared to Second Quarter 2024

Net income increased $169.1 million primarily due to expenses of $151.5 million ($110.7 million net-of-tax), recorded in second quarter 2024, primarily consisting of regulatory charges to reflect the effects of an agreement in principle between Entergy Louisiana and the LPSC staff and the intervenors in July 2024 to renew Entergy Louisiana’s formula rate plan and resolve a number of other retail dockets and matters, including all formula rate plan test years prior to 2023.  Also contributing to