Company: EAI
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0000065984-25-000132
Chunk: 205

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 4
Chunk 205
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 financial statements herein and the “Held For Sale - Natural Gas Distribution Businesses” section in Note 14 to the financial statements in the Form 10-K for discussion of the sale of Entergy New Orleans’s natural gas distribution business on July 1, 2025.

Liquidity and Capital Resources

Cash Flow

Cash flows for the nine months ended September 30, 2025 and 2024 were as follows:

20252024(In Thousands)Cash and cash equivalents at beginning of period$31,777 $26 Net cash provided by (used in):Operating activities97,801 123,928 Investing activities156,869 (124,564)Financing activities(217,747)35,123 Net increase in cash and cash equivalents36,923 34,487 Cash and cash equivalents at end of period$68,700 $34,513 

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Table of ContentsEntergy New Orleans, LLC and SubsidiariesManagement’s Financial Discussion and Analysis

Operating Activities

Net cash flow provided by operating activities decreased $26.1 million for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 primarily due to the timing of payments to vendors and higher fuel and purchased power payments and the timing of recovery of fuel and purchased power costs.  See Note 2 to the financial statements in the Form 10-K for a discussion of fuel and purchased power cost recovery.

Investing Activities

Entergy New Orleans’s investing activities provided $156.9 million of cash for the nine months ended September 30, 2025 compared to using $124.6 million of cash for the nine months ended September 30, 2024 primarily due to the following activity:

•the receipt of $288.3 million in proceeds from the sale of the natural gas distribution business on July 1, 2025.  See Note 13 to the financial statements herein for discussion of the sale of Entergy New Orleans’s natural gas distribution business on July 1, 2025;

•a decrease of $13.7 million in distribution construction expenditures primarily due to lower capital expenditures for storm restoration in 2025;

•the receipt of $10.3 million from the storm reserve escrow account in 2025.  See “Uses and Sources of Capital - Hurricane Francine” below for discussion of the Hurricane Francine proceeding;

•an increase of $19.5 million in non-nuclear generation construction