Company: EAI
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000065984-25-000012
Chunk: 335

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-02-18
Form: 10-K
Item: Item 1A
Chunk 335
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 See Notes to Financial Statements.  

439

ENTERGY TEXAS, INC. AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN EQUITYFor the Years Ended December 31, 2024, 2023, and 2022 Common Equity  Preferred StockCommon StockPaid-in CapitalRetained EarningsTotal (In Thousands)Balance at December 31, 2021$38,750 $49,452 $1,050,125 $1,344,879 $2,483,206 Net income— — — 303,327 303,327 Common stock dividends— — — (105,000)(105,000)Preferred stock dividends— — — (2,072)(2,072)Balance at December 31, 2022$38,750 $49,452 $1,050,125 $1,541,134 $2,679,461 Net income— — — 291,273 291,273 Capital contribution from parent— — 150,000 — 150,000 Preferred stock dividends— — — (2,072)(2,072)Balance at December 31, 2023$38,750 $49,452 $1,200,125 $1,830,335 $3,118,662 Net income— — — 293,622 293,622 Common stock dividends— — — (69,000)(69,000)Preferred stock dividends— — — (2,072)(2,072)Balance at December 31, 2024$38,750 $49,452 $1,200,125 $2,052,885 $3,341,212 See Notes to Financial Statements.

440

SYSTEM ENERGY RESOURCES, INC.

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

System Energy’s principal asset consists of an ownership interest and a leasehold interest in Grand Gulf.  The capacity and energy from its 90% interest is sold under the Unit Power Sales Agreement to its only four customers, Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans.  System Energy’s operating revenues are derived from the allocation of the capacity, energy, and related costs associated with its 90% interest