Entergy 2009 Annual Report Download - page 138

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Entergy Corporation and Subsidiaries
Notes to Financial Statements
134
2007 Utility
Non-Utility
Nuclear* All Other* Eliminations Consolidated
(In Thousands)
Operating revenues $9,255,075 $2,029,666 $225,216 ($25,559) $11,484,398
Deprec., amort. & decomm. $939,152 $177,872 $14,586 $- $1,131,610
Interest and dividend income $124,992 $107,754 $88,066 ($81,901) $238,911
Equity in earnings of
unconsolidated equity affiliates ($2) $- $3,178 $- $3,176
Interest and other charges $422,382 $34,738 $261,832 ($81,900) $637,052
Income taxes (benefits) $382,025 $230,407 ($98,015) $- $514,417
Consolidated net income (loss) $704,393 $539,200 ($83,639) $- $1,159,954
Total assets $26,174,159 $7,014,484 $1,982,429 ($1,528,070) $33,643,002
Investment in affiliates - at equity $202 $- $78,790 $- $78,992
Cash paid for long-lived asset
additions $1,497,174 $821,790 $2,754 $1,255 $2,322,973
Businesses marked with * are sometimes referred to as the "competitive businesses," with the exception of the parent
company, Entergy Corporation. Eliminations are primarily intersegment activity. Almost all of Entergy's goodwill is
related to the Utility segment.
Earnings were negatively affected in the fourth quarter 2007 by expenses of $22.2 million ($13.6 million net-
of-tax) for Utility and $29.9 million ($18.4 million net-of-tax) for Non-Utility Nuclear recorded in connection with a
nuclear operations fleet alignment. This process was undertaken with the goals of eliminating redundancies,
capturing economies of scale, and clearly establishing organizational governance. Most of the expenses related to the
voluntary severance program offered to employees. Approximately 200 employees from the Non-Utility Nuclear
business and 150 employees in the Utility business accepted the voluntary severance program offers.
Geographic Areas
For the years ended December 31, 2009 and 2008, the amount of revenue Entergy derived from outside of
the United States was insignificant. As of December 31, 2009 and 2008, Entergy had no long-lived assets located
outside of the United States.
136