Entergy 2010 Annual Report Download - page 62

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Consolidated Statements of Cash Flows
In thousands, for the years ended December 31, 2010 2009 2008
OPERATING ACTIVITIES
Consolidated net income $ 1,270,305 $ 1,251,050 $ 1,240,535
Adjustments to reconcile consolidated net income to net cash flow
provided by operating activities:
Depreciation, amortization, and decommissioning,
including nuclear fuel amortization 1,705,331 1,458,861 1,391,689
Deferred income taxes, investment tax credits,
and non-current taxes accrued 718,987 864,684 333,948
Gain on sale of business (44,173) – –
Changes in working capital:
Receivables (99,640) 116,444 78,653
Fuel inventory (10,665) 19,291 (7,561)
Accounts payable 216,635 (14,251) (23,225)
Prepaid taxes and taxes accrued (116,988) (260,029) 122,134
Interest accrued 17,651 4,974 (652)
Deferred fuel 8,909 72,314 (38,500)
Other working capital accounts (160,326) (43,391) (119,296)
Changes in provisions for estimated losses 265,284 (12,030) 12,462
Changes in other regulatory assets 339,408 (415,157) (324,211)
Changes in pensions and other postretirement liabilities (80,844) 71,789 828,160
Other (103,793) (181,391) (169,808)
Net cash flow provided by operating activities 3,926,081 2,933,158 3,324,328
INVESTING ACTIVITIES
Construction/capital expenditures (1,974,286) (1,931,145) (2,212,255)
Allowance for equity funds used during construction 59,381 59,545 44,523
Nuclear fuel purchases (407,711) (525,474) (423,951)
Proceeds from sale/leaseback of nuclear fuel – 284,997 297,097
Proceeds from sale of assets and businesses 228,171 39,554 30,725
Payment for purchase of plant – – (266,823)
Insurance proceeds received for property damages 7,894 53,760 130,114
Changes in transition charge account (29,945) (1,036) 7,211
NYPA value sharing payment (72,000) (72,000) (72,000)
Payments to storm reserve escrow account (296,614) (6,802) (248,863)
Receipts from storm reserve escrow account 9,925 – 249,461
Decrease (increase) in other investments 24,956 100,956 (73,431)
Proceeds from nuclear decommissioning trust fund sales 2,606,383 2,570,523 1,652,277
Investment in nuclear decommissioning trust funds (2,730,377) (2,667,172) (1,704,181)
Net cash flow used in investing activities (2,574,223) (2,094,394) (2,590,096)
See Notes to Financial Statements.
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