Company: EAI
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000065984-25-000046
Chunk: 251

Company: ENTERGY ARKANSAS, LLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 251
---
,936,294 9,953,471 Commitments and ContingenciesEQUITYMember's equity4,536,551 4,448,837 Noncontrolling interest13,796 15,168 TOTAL4,550,347 4,464,005 TOTAL LIABILITIES AND EQUITY$15,092,087 $15,073,983 See Notes to Financial Statements.

79

ENTERGY ARKANSAS, LLC AND SUBSIDIARIESCONSOLIDATED STATEMENTS OF CHANGES IN EQUITYFor the Three Months Ended March 31, 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, 2024$19,531 $3,983,609 $4,003,140 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, 2025$13,796 $4,536,551 $4,550,347 See Notes to Financial Statements.

80

ENTERGY LOUISIANA, LLC AND SUBSIDIARIES

MANAGEMENT’S FINANCIAL DISCUSSION AND ANALYSIS

Results of Operations

Net Income

Net income increased $71.5 million primarily due to higher volume/weather and higher other income, partially offset by higher interest expense and higher depreciation and amortization expense.

Operating Revenues

Following is an analysis of the change in operating revenues comparing the first quarter 2025 to the first quarter 2024:

Amount(In Millions)2024 operating revenues$1,202.4 Fuel, rider, and other revenues that do not significantly affect net income43.3 Volume/weather33.3 Retail electric price22.5 2025 operating revenues$1,301.5 

Entergy Louisiana’s results include revenues from rate mechanisms designed to recover fuel, purchased