ENTERGY MISSISSIPPI, LLC EMP Income Statement

Entergy mississippi, llc (EMP)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18
REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax
2,427,179	2,462,305	3,140,575	2,666,209	2,609,584	2,512,482	3,104,319	2,668,770	2,723,881
OPERATING EXPENSES
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale
397,403	487,046	596,939	467,323	478,330	509,426	729,269	465,802	443,296
Nuclear refueling outage expenses
50,218	51,480	52,044	50,962	50,441	37,769	37,937	35,360	42,760
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses
702,084	841,764	805,696	841,870	783,051	868,696	854,013	840,103	783,585
Asset Impairment Charges
5,095	1,543	198,086	16,419	73,979	235,239	155,215	68,943	72,924
Decommissioning
93,684	-	101,811	104,627	102,119	-	93,829	97,605	94,400
Taxes, Other
170,294	156,031	165,731	163,408	158,575	156,271	161,916	158,547	165,218
Other Depreciation and Amortization
399,710	380,027	379,219	363,496	357,274	347,264	324,628	350,485	347,065
Other regulatory charges (credits) - net
-7,679	12,477	4,781	-26,532	-16,946	77,712	37,097	143,294	42,946
Costs and Expenses
2,027,423	2,213,766	2,620,646	2,327,434	2,326,330	2,741,413	2,833,284	2,577,173	2,388,217
OPERATING INCOME
399,756	248,539	519,929	338,775	283,254	-228,931	271,035	91,597	335,664
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction
35,953	36,428	33,161	37,169	38,216	37,235	32,354	31,670	28,343
Investment Income, Net
-216,853	141,250	82,295	96,218	228,149	-201,221	177,081	71,134	16,870
Miscellaneous - net
23,389	-91,925	-50,086	-45,870	-64,658	-6,316	-43,591	-48,491	-31,356
TOTAL
-157,511	85,753	65,370	87,517	201,707	-170,302	165,844	54,313	13,857
INTEREST EXPENSE
Interest expense
205,589	203,865	201,412	201,112	200,993	197,774	195,311	192,314	182,923
Allowance for borrowed funds used during construction
15,444	15,924	14,773	16,811	17,449	17,797	15,244	14,668	13,265
TOTAL
190,145	187,941	186,639	184,301	183,544	179,977	180,067	177,646	169,658
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
52,100	146,351	398,660	241,991	301,417	-579,210	256,812	-31,736	179,863
Income Tax Expense (Benefit)
-71,194	-243,255	29,201	1,458	42,771	-516,887	-283,006	-280,596	43,663
Consolidated net income
123,294	-	369,459	-	258,646	-	539,818	-	-
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders
4,580	4,581	4,219	4,109	4,109	3,577	3,439	3,439	3,439
Earnings Per Share [Abstract]
Earnings Per Share, Basic
0.59	1.96	1.84	1.22	1.34	-0.37	2.96	1.36	0.73
Earnings Per Share, Diluted
0.59	1.94	1.82	1.22	1.32	-0.36	2.92	1.34	0.73
Weighted Average Number of Shares Outstanding, Basic
199,800	199,300	198,900	193,000	189,600	183,092	181,000	180,800	180,707
Weighted Average Number of Shares Outstanding, Diluted
200,900	201,100	200,500	194,200	192,200	185,468	183,700	183,000	181,431
Net Income (Loss) Available to Common Stockholders, Basic
118,700	385,126	365,200	236,400	254,500	-65,939	536,400	245,400	132,800
Increase (Decrease) in Income Taxes
26,000	-	-	-	-	-	-	-	-
Entergy Mississippi [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
293,922	339,330	398,732	302,737	282,244	297,946	367,734	353,689	315,743
Fuel, fuel-related expenses, and gas purchased for resale
63,297	89,419	87,386	47,391	53,229	52,474	78,533	65,663	63,528
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses
62,337	70,818	69,253	66,921	59,183	67,634	69,936	64,585	59,458
Taxes, Other
27,190	26,705	26,673	25,813	26,127	26,787	26,024	23,794	25,394
Other Depreciation and Amortization
51,155	47,741	44,339	39,718	39,088	38,284	37,752	38,359	38,182
Other regulatory charges (credits) - net
-3,881	3,285	5,771	3,567	2,370	13,989	5,487	127,935	293
Costs and Expenses
252,741	298,999	311,708	257,130	251,452	274,346	322,519	417,490	274,311
OPERATING INCOME
41,181	40,331	87,024	45,607	30,792	23,600	45,215	-63,801	41,432
Allowance for equity funds used during construction
1,439	2,015	2,079	2,349	1,913	2,359	2,251	2,122	1,978
Investment Income, Net
120	401	462	397	152	109	1	0	25
Miscellaneous - net
-2,296	-2,240	-1,648	-327	-263	-866	116	-1,411	-571
TOTAL
-737	176	893	2,419	1,802	1,602	2,368	711	1,432
Interest expense
16,583	15,981	15,922	15,342	14,540	13,989	13,950	14,061	13,905
Allowance for borrowed funds used during construction
551	849	892	1,006	785	989	944	890	828
TOTAL
16,032	15,132	15,030	14,336	13,755	13,000	13,006	13,171	13,077
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
24,412	25,375	72,887	33,690	18,839	12,202	34,577	-76,261	29,787
Income Tax Expense (Benefit)
1,886	3,752	16,650	7,023	3,441	-2,058	-16,156	-114,503	6,944
Consolidated net income
22,526	-	56,237	-	15,398	-	50,733	-	-
Noncontrolling Interest in Net Income (Loss) Preferred Unit Holders, Redeemable
-	-	0	0	-	119	238	239	238
Net Income (Loss) Available to Common Stockholders, Basic
-	-	56,237	26,667	-	14,141	50,495	38,003	22,605
Entergy Arkansas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
481,912	483,327	687,526	542,929	545,812	446,615	568,399	494,605	551,024
Fuel, fuel-related expenses, and gas purchased for resale
87,411	88,373	109,779	108,596	152,159	138,005	164,438	106,496	108,306
Nuclear refueling outage expenses
16,247	16,946	17,381	17,194	17,248	16,292	19,062	19,159	23,402
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses
151,857	177,452	188,299	188,006	166,460	188,799	188,882	177,792	169,358
Decommissioning
17,941	-	17,422	17,168	15,761	-	15,226	14,985	14,760
Taxes, Other
31,060	28,542	31,783	27,181	28,363	24,449	27,972	24,445	27,905
Other Depreciation and Amortization
83,521	75,849	78,594	77,061	75,847	74,388	73,579	72,701	71,981
Other regulatory charges (credits) - net
-20,001	-2,313	1,018	-10,336	445	14,571	-13,758	-12,313	-3,307
Costs and Expenses
414,077	450,751	505,350	473,155	503,341	529,319	533,614	468,104	484,377
OPERATING INCOME
67,835	32,576	182,176	69,774	42,471	-82,704	34,785	26,501	66,647
Allowance for equity funds used during construction
2,917	4,722	3,977	3,372	3,428	4,343	3,735	4,471	4,008
Investment Income, Net
7,938	6,827	8,788	4,222	6,183	4,054	12,060	2,478	6,814
Miscellaneous - net
-6,436	-5,862	-4,286	-4,728	-3,690	-4,059	-3,063	-3,881	-3,871
TOTAL
4,419	5,687	8,479	2,866	5,921	4,338	12,732	3,068	6,951
Interest expense
35,623	35,423	35,454	35,827	33,383	32,144	31,632	30,917	29,766
Allowance for borrowed funds used during construction
1,281	1,948	1,641	1,329	1,414	2,044	1,739	2,108	1,890
TOTAL
34,342	33,475	33,813	34,498	31,969	30,100	29,893	28,809	27,876
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
37,912	4,788	156,842	38,142	16,423	-108,466	17,624	760	45,722
Income Tax Expense (Benefit)
-6,683	-19,040	7,126	-12,157	-22,698	-113,472	-111,266	-81,796	9,467
Consolidated net income
44,595	-	149,716	-	39,121	-	128,890	-	-
Noncontrolling Interest in Net Income (Loss) Preferred Unit Holders, Redeemable
-	-	0	0	-	178	357	357	357
Net Income (Loss) Available to Common Stockholders, Basic
-	-	149,716	50,299	-	4,828	128,533	82,199	35,898
Entergy Louisiana [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
930,647	987,851	1,231,677	1,106,317	959,330	987,576	1,206,612	1,072,788	1,029,344
Fuel, fuel-related expenses, and gas purchased for resale
144,492	217,868	259,419	220,472	147,349	215,114	318,987	200,528	180,781
Nuclear refueling outage expenses
13,630	13,945	14,026	13,391	12,808	12,887	12,969	12,671	13,099
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses
222,658	268,141	249,773	250,835	225,888	234,581	239,230	250,994	234,380
Decommissioning
16,001	-	15,606	14,059	13,879	-	13,654	13,480	12,772
Taxes, Other
50,077	48,280	49,602	46,658	49,682	40,724	44,594	47,147	51,280
Other Depreciation and Amortization
145,135	141,520	137,891	130,246	126,134	125,150	124,030	122,177	120,822
Other regulatory charges (credits) - net
11,132	-14,441	-29,224	-33,878	-27,660	-26,307	-1,433	9,017	23,119
Costs and Expenses
763,868	823,427	894,923	864,797	805,386	839,802	970,094	922,628	888,025
OPERATING INCOME
166,779	164,424	336,754	241,520	153,944	147,774	236,518	150,160	141,319
Allowance for equity funds used during construction
14,887	14,829	14,609	20,671	23,914	22,630	20,423	19,124	17,745
Investment Income, Net
-19,669	65,264	45,237	49,498	71,986	-1,255	53,009	46,853	43,275
Miscellaneous - net
49,601	-35,710	-15,067	-22,306	-42,344	28,687	-25,782	-22,770	-7,665
TOTAL
44,819	44,383	44,779	47,863	53,556	50,062	47,650	43,207	53,355
Interest expense
79,517	78,809	78,350	77,631	74,703	71,896	73,084	73,582	70,096
Allowance for borrowed funds used during construction
7,132	7,285	7,041	9,737	11,367	11,234	10,168	9,451	8,763
TOTAL
72,385	71,524	71,309	67,894	63,336	60,662	62,916	64,131	61,333
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
139,213	137,283	310,224	221,489	144,164	137,174	221,252	129,236	133,341
Income Tax Expense (Benefit)
-50,183	11,723	54,964	38,405	16,531	-24,181	2,944	-55,122	21,748
Consolidated net income
189,396	-	255,260	-	127,633	-	218,308	-	-
Net Income (Loss) Available to Common Stockholders, Basic
189,396	125,560	255,260	183,084	127,633	161,355	218,308	184,358	111,593
Entergy New Orleans [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
149,302	153,032	194,204	175,793	163,194	150,487	200,182	178,446	188,275
Fuel, fuel-related expenses, and gas purchased for resale
27,495	20,254	27,013	27,190	30,760	20,928	54,754	15,366	23,739
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses
30,704	25,752	32,755	32,252	30,298	36,981	30,593	28,420	28,299
Taxes, Other
13,206	13,451	15,142	13,135	13,542	12,607	15,551	12,851	15,132
Other Depreciation and Amortization
15,075	12,926	14,756	14,226	14,164	14,174	14,059	13,950	13,747
Other regulatory charges (credits) - net
-5,736	11,900	7,571	4,500	-2,355	3,100	5,853	6,127	6,333
Costs and Expenses
137,211	146,868	165,328	158,284	147,058	143,651	178,638	150,503	170,406
OPERATING INCOME
12,091	6,164	28,876	17,509	16,136	6,836	21,544	27,943	17,869
Allowance for equity funds used during construction
2,485	2,172	2,793	2,686	2,290	2,179	1,694	1,217	851
Investment Income, Net
53	76	109	64	179	274	30	207	93
Miscellaneous - net
-738	-2,571	-1,019	-942	-1,506	-8,043	-660	-1,404	-337
TOTAL
1,800	-323	1,883	1,808	963	-5,590	1,064	20	607
Interest expense
6,640	6,462	6,046	6,019	5,936	5,836	5,388	5,269	5,279
Allowance for borrowed funds used during construction
1,195	1,160	1,115	1,073	914	805	626	450	314
TOTAL
5,445	5,302	4,931	4,946	5,022	5,031	4,762	4,819	4,965
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
8,446	539	25,828	14,371	12,077	-3,785	17,846	23,144	13,511
Income Tax Expense (Benefit)
-2,740	-5,156	920	1,368	3,054	-6,379	-3,561	4,875	2,629
Consolidated net income
11,186	-	24,908	-	9,023	-	21,407	-	-
Entergy Texas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
339,336	342,024	442,877	363,580	340,474	376,245	477,231	403,486	348,940
Fuel, fuel-related expenses, and gas purchased for resale
41,346	33,259	64,211	16,971	48,103	49,905	79,130	57,089	18,706
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses
58,933	67,935	69,937	61,426	59,626	67,083	58,795	59,848	52,674
Taxes, Other
19,272	15,593	20,870	21,263	18,640	20,572	20,752	20,306	20,403
Other Depreciation and Amortization
42,566	40,215	38,722	37,312	37,037	35,262	31,365	31,141	30,766
Other regulatory charges (credits) - net
21,368	22,196	27,662	19,453	19,459	46,603	33,550	25,897	25,617
Costs and Expenses
303,276	317,795	373,367	327,558	323,733	369,504	377,265	344,849	307,858
OPERATING INCOME
36,060	24,229	69,510	36,022	16,741	6,741	99,966	58,637	41,082
Allowance for equity funds used during construction
10,641	9,497	7,454	6,413	5,081	4,007	2,222	1,833	1,661
Investment Income, Net
429	530	486	374	1,682	490	601	542	555
Miscellaneous - net
-346	-434	115	1,228	-363	-501	468	-735	113
TOTAL
10,724	9,593	8,055	8,015	6,400	3,996	3,291	1,640	2,329
Interest expense
22,858	22,341	21,379	20,153	22,460	21,557	21,760	21,835	22,051
Allowance for borrowed funds used during construction
4,573	3,899	3,534	3,256	2,580	2,289	1,253	1,033	938
TOTAL
18,285	18,442	17,845	16,897	19,880	19,268	20,507	20,802	21,113
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
28,499	15,380	59,720	27,140	3,261	-8,531	82,750	39,475	22,298
Income Tax Expense (Benefit)
-4,208	-10,515	-13,504	-11,796	-18,081	-56,781	16,904	8,686	4,948
Consolidated net income
32,707	-	73,224	-	21,342	-	65,846	-	-
Net Income (Loss) Attributable to Noncontrolling Interest, Preferred Unit Holders
470	-	110	-	0	-	0	-	-
Net Income (Loss) Available to Common Stockholders, Basic
32,237	25,425	73,114	38,936	21,342	48,250	65,846	30,789	17,350
Electricity [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
2,050,638	2,150,293	2,812,934	2,345,727	2,121,024	2,107,737	2,697,887	2,330,225	2,248,262
Natural Gas, US Regulated [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
43,976	41,038	27,269	30,699	54,948	43,446	26,352	29,943	56,695
Competitive Businesses [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
332,565	270,974	300,372	289,783	433,612	361,299	380,080	308,602	418,924
System Energy [Member]
Fuel, fuel-related expenses, and gas purchased for resale
13,143	16,103	23,748	21,026	21,561	19,839	14,484	2,030	28,425
Nuclear refueling outage expenses
8,272	8,363	8,412	8,415	8,186	8,017	5,906	2,820	3,972
Utilities Operating Expense, Maintenance, Operations, and Other Costs and Expenses
40,471	59,161	49,533	52,468	45,282	53,502	48,969	48,695	45,339
Decommissioning
9,157	-	8,976	8,888	8,799	-	8,626	8,541	8,457
Taxes, Other
7,973	7,183	7,120	7,176	7,539	7,021	7,106	6,866	7,097
Other Depreciation and Amortization
26,899	26,869	26,613	26,574	26,574	26,384	4,355	33,467	33,321
Other regulatory charges (credits) - net
-10,560	-8,151	-8,016	-9,838	-9,205	-13,844	7,398	-13,369	-9,109
Costs and Expenses
95,355	118,594	116,386	114,709	108,736	109,631	96,844	89,050	117,502
OPERATING INCOME
35,309	30,231	29,086	24,300	31,368	7,212	-17,879	23,406	30,941
Allowance for equity funds used during construction
3,584	3,191	2,251	1,678	1,589	1,718	2,028	2,904	2,100
Investment Income, Net
5,338	7,911	8,215	6,371	6,991	2,418	23,738	2,943	6,886
Miscellaneous - net
-2,460	-1,498	-1,300	-1,490	-1,228	-1,384	-1,421	-1,794	-1,176
TOTAL
6,462	9,604	9,166	6,559	7,352	2,752	24,345	4,053	7,810
Interest expense
8,540	8,861	8,546	8,524	9,397	9,690	9,753	9,656	9,325
Allowance for borrowed funds used during construction
711	781	551	410	389	435	515	736	532
TOTAL
7,829	8,080	7,995	8,114	9,008	9,255	9,238	8,920	8,793
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
33,942	31,755	30,257	22,745	29,712	709	-2,772	18,539	29,958
Income Tax Expense (Benefit)
5,429	5,716	5,226	-1,727	6,134	-24,733	-25,744	-4,848	7,650
Consolidated net income
28,513	-	25,031	-	23,578	-	22,972	-	-
Net Income (Loss) Available to Common Stockholders, Basic
28,513	26,039	25,031	24,472	23,578	25,442	22,972	23,387	22,308
Electricity, Purchased [Member]
Cost of Goods and Services Sold
216,614	191,153	316,339	345,861	339,507	406,362	439,380	417,034	396,023