Entergy 2009 Annual Report Download - page 68

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2009 2008
RETAINED EARNINGS
Retained Earnings - Beginning of period $7,382,719 $6,735,965 $6,113,042
Add:
Net income attributable to Entergy Corporation 1,231,092 $1,231,092 1,220,566 $1,220,566 1,134,849 $1,134,849
Adjustments related to implementation of new accounting pronouncements 6,365 - (4,600)
Total 1,237,457 1,220,566 1,130,249
Deduct:
Dividends declared on common stock 576,913 573,924 507,326
Capital stock and other expenses 141 (112) -
Total 577,054 573,812 507,326
Retained Earnings - End of period
$8,043,122
$7,382,719
$6,735,965
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Balance at beginning of period:
Accumulated derivative instrument fair value changes $120,830 ($12,540) ($105,578)
Pension and other postretirement liabilities (232,232) (107,145) (105,909)
Net unrealized investment gains (4,402) 121,611 104,551
Foreign currency translation 3,106 6,394 6,424
Total (112,698) 8,320 (100,512)
Net derivative instrument fair value changes
arising during the period (net of tax expense of $333, $78,837 and $57,185) (2,887) (2,887) 133,370 133,370 93,038 93,038
Pension and other postretirement liabilities (net of tax expense (benefit) of ($34,415), ($68,076) and $29,994) (35,707) (35,707) (125,087) (125,087) (1,236) (1,236)
Net unrealized investment gains (net of tax expense (benefit) of $102,845, ($108,049) and $23,562) 82,929 82,929 (126,013) (126,013) 17,060 17,060
Adjustment related to implementation of new accounting pronouncement (net of tax benefit of ($4,921)) (6,365) - - - - -
Foreign currency translation (net of tax benefit of ($246), ($1,770) and ($16)) (457) (457) (3,288) (3,288) (30) (30)
Balance at end of period:
Accumulated derivative instrument fair value changes 117,943 120,830 (12,540)
Pension and other postretirement liabilities (267,939) (232,232) (107,145)
Net unrealized investment gains 72,162 (4,402) 121,611
Foreign currency translation 2,649 3,106 6,394
Total
($75,185)
($112,698)
$8,320
Add: preferred dividend requirements of subsidiaries 19,958 19,969 25,105
Comprehensive Income
$1,294,928
$1,119,517
$1,268,786
PAID-IN CAPITAL
Paid-in Capital - Beginning of period $4,869,303 $4,850,769 $4,827,265
Add:
Common stock issuances in settlement of equity unit purchase contracts 499,934 - -
Common stock issuances related to stock plans 805 18,534 23,504
Total 500,739 18,534 23,504
Paid-in Capital - End of period
$5,370,042
$4,869,303
$4,850,769
See Notes to Financial Statements.
(In Thousands)
2007
For the Years Ended December 31,
ENTERGY CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF RETAINED EARNINGS, COMPREHENSIVE INCOME, AND PAID-IN CAPITAL
66