Entergy 2013 Annual Report Download - page 26

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Entergy Corporation 2013 INTEGRATED REPORT 25
For the Years Ended December 31,
2013 2012 2011
(In Thousands)
Operating Activities
Consolidated net income $ 730,572 $ 868,363 $ 1,367,372
Adjustments to reconcile consolidated net income to net cash flow
provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization 2,012,076 1,771,649 1,745,455
Deferred income taxes, investment tax credits, and non-current taxes accrued 311,789 (26,479) (280,029)
Asset impairments and related charges 341,537 355,524 –
Gain on sale of business (43,569) – –
Changes in working capital:
Receivables (180,648) (14,202) 28,091
Fuel inventory 4,873 (11,604) 5,393
Accounts payable 94,436 (6,779) (131,970)
Prepaid taxes and taxes accrued (142,626) 55,484 580,042
Interest accrued (3,667) 1,152 (34,172)
Deferred fuel costs (4,824) (99,987) (55,686)
Other working capital accounts (66,330) (151,989) 41,875
Changes in provisions for estimated losses (248,205) (24,808) (11,086)
Changes in other regulatory assets 1,105,622 (398,428) (673,244)
Changes in other regulatory liabilities 397,341 170,421 189,167
Changes in pensions and other postretirement liabilities (1,433,663) 644,099 962,461
Other 314,505 (192,131) (604,852)
Net cash flow provided by operating activities 3,189,219 2,940,285 3,128,817
Investing Activities
Construction/capital expenditures (2,287,593) (2,674,650) (2,040,027)
Allowance for equity funds used during construction 69,689 96,131 86,252
Nuclear fuel purchases (517,825) (557,960) (641,493)
Payment for purchase of plant (17,300) (456,356) (646,137)
Proceeds from sale of assets and businesses 147,922 – 6,531
Changes in securitization account 155 4,265 (7,260)
NYPA value sharing payment (71,736) (72,000) (72,000)
Payments to storm reserve escrow account (7,716) (8,957) (6,425)
Receipts from storm reserve escrow account 260,279 27,884 –
Decrease (increase) in other investments (82,955) 15,175 (11,623)
Litigation proceeds for reimbursement of spent nuclear fuel storage costs 21,034 109,105 –
Proceeds from nuclear decommissioning trust fund sales 2,031,552 2,074,055 1,360,346
Investment in nuclear decommissioning trust funds (2,147,099) (2,196,489) (1,475,017)
Net cash flow used in investing activities (2,601,593) (3,639,797) (3,446,853)
FINANCIAL HIGHLIGHTS
Consolidated Statements of Cash Flows
(Unaudited)