Entergy 2005 Annual Report Download - page 61

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ENTERGY CORPORATION AND SUBSIDIARIES 2005
*
57
CONSOLIDATED STATEMENTS OF RETAINED EARNINGS, COMPREHENSIVE INCOME, AND PAID-IN CAPITAL
In thousands, for the years ended December 31, 2005 2004 2003
RETAINED EARNINGS
Retained Earnings – Beginning of period $4,984,302 $4,502,508 $3,938,693
Add: Earnings applicable to common stock 898,331 $ 898,331 909,524 $ 909,524 $ 926,943 $926,943
Deduct:
Dividends declared on common stock 453,657 427,740 362,941
Capital stock and other expenses 569 (10) 187
Total 454,226 427,730 363,128
Retained Earnings – End of period $5,428,407 $4,984,302 $4,502,508
ACCUMULATED OTHER COMPREHENSIVE
INCOME (LOSS) (NET OF TAXES):
Balance at beginning of period:
Accumulated derivative instrument
fair value changes $ (141,411) $ (25,811) $ 17,313
Other accumulated comprehensive income (loss) items 47,958 18,016 (39,673)
Total (93,453) (7,795) (22,360)
Net derivative instrument fair value changes arising
during the period (net of tax (benefit) of $(159,236),
$(74,082), and $(27,862)) (251,203) (251,203) (115,600) (115,600) (43,124) (43,124)
Foreign currency translation (net of tax expense of
$211, $659, and $1,459) 602 602 1,882 1,882 4,169 4,169
Minimum pension liability (net of tax expense (benefit) of
$(9,176), $1,875, and $503) (15,773) (15,773) 2,762 2,762 1,153 1,153
Net unrealized investment gains (net of tax expense of
$10,573, $16,599, and $33,422) 16,008 16,008 25,298 25,298 52,367 52,367
Balance at end of period:
Accumulated derivative instrument fair value changes (392,614) (141,411) (25,811)
Other accumulated comprehensive income items 48,795 47,958 18,016
Total $ (343,819) $ (93,453) $ (7,795)
Comprehensive Income $ 647,965 $ 823,866 $941,508
PAID-IN CAPITAL
Paid-in Capital – Beginning of period $4,835,375 $4,767,615 $4,666,753
Add (Deduct):
Issuance of equity units (39,904) – –
Common stock issuances related to stock plans 22,166 67,760 100,862
Paid-in Capital – End of period $4,817,637 $4,835,375 $4,767,615
See Notes to Consolidated Financial Statements.