Company: EAI
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0000065984-25-000087
Chunk: 218

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-08-01
Form: 10-Q
Item: Item 7
Chunk 218
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 in the effective income tax rate for the second quarter 2025 versus the federal statutory rate of 21% was primarily due to the accrual for state income taxes, partially offset by book and tax differences related to the allowance for equity funds used during construction and certain book and tax differences related to utility plant items.

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Table of ContentsEntergy Corporation and SubsidiariesManagement’s Financial Discussion and Analysis

The effective income tax rate was 39.4% for the second quarter 2024.  The difference in the effective income tax rate for the second quarter 2024 versus the federal statutory rate of 21% was primarily due to the accrual for state income taxes, a provision for uncertain tax positions, and the amortization of accumulated deferred income taxes as a result of tax rate changes, partially offset by certain book and tax differences related to utility plant items and book and tax differences related to the allowance for equity funds used during construction.

Six Months Ended June 30, 2025 Compared to Six Months Ended June 30, 2024

Following are income statement variances for Utility, Parent & Other, and Entergy comparing the six months ended June 30, 2025 to the six months ended June 30, 2024 showing how much the line item increased or (decreased) in comparison to the prior period.

UtilityParent &Other (a)Entergy(In Thousands)2024 Net Income (Loss) Attributable to Entergy Corporation$636,232 ($512,029)$124,203 Operating revenues431,743 (4,268)427,475 Fuel, fuel-related expenses, and gas purchased for resale(147,871)(10,499)(158,370)Purchased power302,722 (9,718)293,004 Other regulatory charges (credits) - net(307,754)— (307,754)Other operation and maintenance9,065 (741)8,324 Asset write-offs, impairments, and related charges (131,775)— (131,775)Taxes other than income taxes20,434 156 20,590 Depreciation and amortization30,328 174 30,502 Other income (deductions)(1,722)304,815 303,093 Interest expense90,505 4,583 95,088 Other expenses(9,093)131 (8,962)Income taxes119,544 64,269