Entergy 2007 Annual Report Download - page 63

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Entergy Corporation and Subsidiaries 2007
Notes to Consolidated Financial Statements continued
Generating Stations Fuel-Type
Tota l
Megawatt
Capability Ownership Investment
Accumulated
Depreciation
Utility:
Entergy Arkansas
Independence Unit 1 Coal 836 31.50% $ 120 $ 85
Common Facilities Coal 15.75% $ 31 $ 21
White Blu Units 1 and 2 Coal 1,640 57.00% $ 452 $ 301
Entergy Gulf States Louisiana
Roy S. Nelson Unit 6 Coal 550 40.25% $ 242 $ 153
Big Cajun 2 Unit 3 Coal 575 24.15% $ 135 $ 85
Entergy Mississippi
Independence Units 1 and 2 & Common Facilities Coal 1,678 25.00% $ 238 $ 127
Entergy Texas
Roy S. Nelson Unit 6 Coal 550 29.75% $ 179 $ 111
Big Cajun 2 Unit 3 Coal 575 17.85% $ 100 $ 62
System Energy
Grand Gulf Unit 1 Nuclear 1,268 90.00% $3,987 $2,101
Non-Nuclear Wholesale Assets:
Harrison County Gas 550 60.90% $ 214 $ 20
Warren Gas 300 75.00% $ 21 $ 8
Net property, plant, and equipment for Entergy (including property under capital lease and associated accumulated amortization) by business
segment and functional category, as of December 31, 2007 and 2006, is shown below (in millions):
Non-Utility
2007 Entergy Utility Nuclear All Other
Production:
Nuclear $ 8,031 $ 5,654 $2,377 $ –
Other 1,571 1,364 – 207
Transmission 2,569 2,539 30 –
Distribution 5,206 5,206 – –
Other 1,626 1,341 254 31
Construction work in progress 1,060 859 192 9
Nuclear fuel (leased and owned) 911 400 511 –
Property, plant, and
equipment – net $20,974 $17,363 $3,364 $247
Non-Utility
2006 Entergy Utility Nuclear All Other
Production:
Nuclear $ 7,558 $ 5,835 $ 1,723 $ –
Other 1,610 1,373 – 237
Transmission 2,500 2,500 – –
Distribution 5,041 5,041 – –
Other 1,113 1,111 – 2
Construction work in progress 786 602 175 9
Nuclear fuel (leased and owned) 830 476 354 –
Property, plant, and
equipment – net $19,438 $16,938 $2,252 $248
Depreciation rates on average depreciable property for Entergy approximated 2.7% in 2007, 2006, and 2005. Included in these rates are the
depreciation rates on average depreciable utility property of 2.6% in each of those years and the depreciation rates on average depreciable
non-utility property of 3.6% in 2007, 3.6% in 2006, and 3.2% in 2005.
“Non-utility property - at cost (less accumulated depreciation)” for Entergy is reported net of accumulated depreciation of $177.1 million and
$167.5 million as of December 31, 2007 and 2006, respectively.
JO I N T LY -OW N E D GE N E R AT I N G ST A T I O N S
Certain Entergy subsidiaries jointly own electric generating facilities with aliates or third parties. e investments and expenses associated
with these generating stations are recorded by the Entergy subsidiaries to the extent of their respective undivided ownership interests.
As of December 31, 2007, the subsidiaries’ investment and accumulated depreciation in each of these generating stations were as follows
(in millions):
(1) “Total Megawatt Capability” is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel
(assuming no curtailments) that each station was designed to utilize.
(2) Includes an 11.5% leasehold interest held by System Energy. System Energy’s Grand Gulf lease obligations are discussed in Note 10 to the financial
statements.
(2)
(1)