Entergy 2014 Annual Report Download - page 10
Download and view the complete annual report
Please find page 10 of the 2014 Entergy annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2 -
3 -
4 -
5 -
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 -
15 -
16 -
17 -
18 -
19 -
20 -
21 -
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
 |
 |
• changes in inflation and interest rates;
• the effect of litigation and government investigations or proceedings;
• changes in technology, including with respect to new, developing, or
alternative sources of generation;
• the potential effects of threatened or actual terrorism, cyber-attacks or data
security breaches, including increased security costs, and war or a
catastrophic event such as a nuclear accident or a natural gas pipeline
explosion;
• Entergy’s ability to attract and retain talented management and directors;
• changes in accounting standards and corporate governance;
• declines in the market prices of marketable securities and resulting funding
requirements for Entergy’s defined benefit pension and other
postretirement benefit plans;
• future wage and employee benefit costs, including changes in discount
rates and returns on benefit plan assets;
• changes in decommissioning trust fund values or earnings or in the timing
of or cost to decommission nuclear plant sites;
• the implementation of the shutdown of Vermont Yankee and the related
decommissioning of Vermont Yankee;
• the effectiveness of Entergy’s risk management policies and procedures
and the ability and willingness of its counterparties to satisfy their financial
and performance commitments;
• factors that could lead to impairment of long-lived assets; and the
• ability to successfully complete merger, acquisition, or divestiture plans,
regulatory or other limitations imposed as a result of merger, acquisition,
or divestiture, and the success of the business following a merger,
acquisition, or divestiture.
Regulation G
This report includes the non-GAAP financial measure of operational earnings per share. The reconciliation of this
measure to the most directly comparable GAAP measure is below.
GAAP to Non-GAAP Reconciliation
Earnings Per Share 2014 2013
As-Reported $ 5.22 $ 3.99
Less Special Items:
Transmission business spin-merge expenses – $ (0.02)
HCM implementation expenses $ (0.05) $ (0.20)
Decision to close Vermont Yankee $ (0.56) $ (1.15)
Total Special Items $ (0.61) $ (1.37)
Operational $ 5.83 $ 5.36
8