Entergy 2003 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2003 Entergy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 92

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92

53
ENTERGY CORPORATION AND SUBSIDIARIES 2003
CONSOLIDATED BALANCE SHEETS
In thousands, as of December 31, 2003 2002
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt $ 524,372 $ 1,191,320
Notes payable 351 351
Accounts payable 796,572 855,446
Customer deposits 199,620 198,442
Taxes accrued 224,926 385,315
Accumulated deferred income taxes 22,963 26,468
Nuclear refueling outage costs 8,238 14,244
Interest accrued 139,603 175,440
Obligations under capital leases 159,978 153,822
Other 205,600 171,341
Total 2,282,223 3,172,189
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued 4,779,513 4,250,800
Accumulated deferred investment tax credits 420,248 447,925
Obligations under capital leases 153,898 155,943
Other regulatory liabilities 291,239 185,579
Decommissioning and retirement cost liabilities 2,242,312 2,115,744
Transition to competition 79,098 79,098
Regulatory reserves 69,528 56,438
Accumulated provisions 506,960 389,868
Long-term debt 7,322,940 7,308,649
Preferred stock with sinking fund 20,852 –
Other 1,347,404 1,145,232
Total 17,233,992 16,135,276
Preferred stock with sinking fund – 24,327
Preferred stock without sinking fund 334,337 334,337
SHAREHOLDERS’ EQUITY:
Common stock, $.01 par value, authorized 500,000,000
shares; issued 248,174,087 shares in 2003 and in 2002 2,482 2,482
Paid-in capital 4,767,615 4,666,753
Retained earnings 4,502,508 3,938,693
Accumulated other comprehensive loss (7,795) (22,360)
Less—treasury stock, at cost (19,276,445 shares in 2003 and
25,752,410 shares in 2002) 561,152 747,331
Total 8,703,658 7,838,237
Commitments and Contingencies
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $28,554,210 $27,504,366
See Notes to Consolidated Financial Statements.