Entergy 2014 Annual Report Download - page 119

Download and view the complete annual report

Please find page 119 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.

Page out of 192

  • 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

(QWHUJ\&RUSRUDWLRQDQG6XEVLGLDULHV
1RWHVWR)LQDQFLDO6WDWHPHQWV
D QDPHG GHIHQGDQW EXW ZDV DOOHJHG WREH D FRFRQVSLUDWRU 7KHFRXUW JUDQWHGWKH UHTXHVW RI (QWHUJ\ *XOI 6WDWHV
,QFWRLQWHUYHQHLQWKHODZVXLWWRSURWHFWLWVLQWHUHVWV
3ODLQWLIIVDOOHJHWKDWWKHGHIHQGDQWVLPSOHPHQWHGD³SULFHJRXJLQJDFFRXQWLQJVFKHPH´WRVHOOWRSODLQWLIIV
DQG VLPLODUO\ VLWXDWHG XWLOLW\ FXVWRPHUV KLJKHU SULFHG SRZHU JHQHUDWHG E\ WKH GHIHQGDQWV ZKLOH UHMHFWLQJ OHVV
H[SHQVLYHSRZHURIIHUHGIURPRIIV\VWHPVXSSOLHUV,QSDUWLFXODUSODLQWLIIVDOOHJHWKDWWKHGHIHQGDQWVPDQLSXODWHG
DQGFRQWLQXHWRPDQLSXODWHWKHGLVSDWFKRIJHQHUDWLRQVRWKDWSRZHULVSXUFKDVHGIURPDIILOLDWHGH[SHQVLYHUHVRXUFHV
LQVWHDGRIEX\LQJFKHDSHURIIV\VWHPSRZHU
3ODLQWLIIV VWDWHG LQ WKHLU SOHDGLQJV WKDW FXVWRPHUV LQ 7H[DV ZHUH FKDUJHG DW OHDVW  PLOOLRQ DERYH 
SUHYDLOLQJ PDUNHW SULFHV IRU SRZHU 3ODLQWLIIV VHHN DFWXDO FRQVHTXHQWLDO DQG H[HPSODU\ GDPDJHV FRVWV DQG
DWWRUQH\V¶IHHVDQGGLVJRUJHPHQWRISURILWV7KHSODLQWLIIV¶H[SHUWVKDYHWHQGHUHGDUHSRUWFDOFXODWLQJGDPDJHVLQD
ODUJH UDQJH IURP  PLOOLRQ WR  PLOOLRQ LQ SUHVHQW YDOXH XQGHU YDULRXV VFHQDULRV DV RI WKH GDWH RI WKH 
UHSRUW 7KH (QWHUJ\ GHIHQGDQWV KDYH WHQGHUHG H[SHUW UHSRUWV FKDOOHQJLQJ WKH DVVXPSWLRQV PHWKRGRORJLHV DQG
FRQFOXVLRQVRIWKHSODLQWLIIV¶H[SHUWUHSRUWV
,Q0DUFKWKHVWDWHGLVWULFWFRXUWIRXQGWKDWWKHFDVHPHWWKHUHTXLUHPHQWVWREHPDLQWDLQHGDVDFODVV
DFWLRQXQGHU7H[DVODZ,Q$SULOWKHFRXUWHQWHUHGDQRUGHUFHUWLI\LQJWKHFODVV7KHGHIHQGDQWVDSSHDOHGWKH
RUGHUWRWKH7H[DV&RXUWRI$SSHDOV±)LUVW'LVWULFWDQGRUDODUJXPHQWZDVKHOGLQ0D\,Q1RYHPEHU
WKH7H[DV&RXUWRI$SSHDOV)LUVW 'LVWULFWUHYHUVHGWKHVWDWHGLVWULFWFRXUWVFODVVFHUWLILFDWLRQRUGHUDQGGLVPLVVHG
WKHFDVHKROGLQJWKDWWKHVWDWHGLVWULFWFRXUWODFNHGVXEMHFWPDWWHUMXULVGLFWLRQWRDGGUHVVWKHLVVXHV3ODLQWLIIVILOHGD
PRWLRQIRUUHKHDULQJDQGDPRWLRQIRUUHKHDULQJHQEDQF7KH(QWHUJ\GHIHQGDQWVILOHGUHVSRQVLYHEULHILQJVDQGWKH
SDUWLHVDUHDZDLWLQJUXOLQJVE\WKH&RXUW
NOTE 3. INCOME TAXES
,QFRPH WD[HV IURP FRQWLQXLQJ RSHUDWLRQV IRU   DQG  IRU (QWHUJ\ &RUSRUDWLRQ DQG
6XEVLGLDULHVFRQVLVWRIWKHIROORZLQJ
2014 2013 2012
,Q7KRXVDQGV
&XUUHQW  
)HGHUDO 
)RUHLJQ 
6WDWH 

7RWD
O
 

'HIHUUHGDQGQRQFXUUHQWQHW 
,QYHVWPHQWWD[FUHGLWDGMXVWPHQWV
QHW


,QFRPHWD[H[SHQVHIURP
FRQWLQXLQ
J
R
S
HUDWLRQV 



