Entergy 2009 Annual Report Download - page 2

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EN T E R G Y CO R P O R A T I O N A N D SUBSIDIARIES 2009
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution
operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and
it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in
Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $10 billion and over 15,000 employees.
Entergy operates primarily through two business segments: Utility and Non-Utility Nuclear.
n Utility generates, transmits, distributes and sells electric power in a four-state service territory that includes portions of
Arkansas, Mississippi, Texas and Louisiana, including the City of New Orleans; and operates a small natural gas
distribution business.
n Non-Utility Nuclear owns and operates six nuclear power plants located in the northern United States and sells the electric
power produced by those plants primarily to wholesale customers. This business also provides services to other nuclear
power plant owners. As discussed further in “Recent Developments” and “Management’s Financial Discussion and Analysis,”
in November 2007, the Board approved a plan to pursue a separation of the Non-Utility Nuclear business from Entergy
through a tax-free spin-off of Non-Utility Nuclear to Entergy shareholders.
In addition to its two primary, reportable, operating segments, Entergy also operates the non-nuclear wholesale assets business.
The non-nuclear wholesale assets business sells to wholesale customers the electric power produced by power plants that it
owns while it focuses on improving performance and exploring sales or restructuring opportunities for its power plants. Such
opportunities are evaluated consistent with Entergy’s market-based point-of-view.
Contents
1 Letter to Stakeholders
2 Forward-Looking Information
3 Five-Year Summary of Selected Financial and Operating Data
3 Comparison of Five-Year Cumulative Return
4-5 Denitions
6 Recent Developments
7 Management’s Financial Discussion and Analysis
57 Report of Management
58-59 Reports of Independent Registered Public Accounting Firm
60 Internal Control Over Financial Reporting
61 Consolidated Statements of Income
62-63 Consolidated Statements of Cash Flows
64-65 Consolidated Balance Sheets
66 Consolidated Statements of Retained Earnings,
Comprehensive Income and Paid-In Capital
67 Notes to Consolidated Financial Statements
150 DirectorsandExecutiveOfcers
151 Investor Information