Entergy 2014 Annual Report Download - page 179

Download and view the complete annual report

Please find page 179 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
7KH HIIHFW RI (QWHUJ\¶V GHULYDWLYH LQVWUXPHQWV QRW GHVLJQDWHG DV KHGJLQJ LQVWUXPHQWV RQ WKH FRQVROLGDWHG
LQFRPHVWDWHPHQWVIRUWKH\HDUVHQGHG'HFHPEHUDQGLVDVIROORZV
Instrument
Amount of gain
(loss)
recognized in
AOCI
Income Statement
location
Amount of gain
(loss)
recorded in the
income statement

,Q0LOOLRQV  ,Q0LOOLRQV
2014    
1DWXUDOJDVVZDSV
²
)XHOIXHOUHODWHGH[SHQVHV
DQG
J
DV
S
XUFKDVHGIRUUHVDOH
D 
)75V
²
3XUFKDVHGSRZHUH[SHQVH E 
(OHFWULFLW\VZDSVDQGRSWLRQV

&RPSHWLWLYHEXVLQHVV
RSHUDWLQJUHYHQXHV

 
2013    
1DWXUDOJDVVZDSV
²
)XHOIXHOUHODWHGH[SHQVHV
DQG
J
DV
S
XUFKDVHGIRUUHVDOH
D 
)75V
²
3XUFKDVHGSRZHU E 
(OHFWULFLW\VZDSVDQGRSWLRQV

&RPSHWLWLYHEXVLQHVV
RSHUDWLQJUHYHQXHV

 
2012    
1DWXUDOJDVVZDSV
²
)XHOIXHOUHODWHGH[SHQVHV
DQG
J
DV
S
XUFKDVHGIRUUHVDOH
D 
(OHFWULFLW\VZDSVDQGRSWLRQV

&RPSHWLWLYHEXVLQHVV
RSHUDWLQJUHYHQXHV

D 'XH WR UHJXODWRU\ WUHDWPHQW WKH QDWXUDO JDV VZDSV DUH PDUNHGWRPDUNHW WKURXJK IXHO IXHOUHODWHG
H[SHQVHV DQGJDV SXUFKDVHGIRU UHVDOHDQGWKHQVXFKDPRXQWV DUHVLPXOWDQHRXVO\UHYHUVHGDQGUHFRUGHGDV
DQRIIVHWWLQJUHJXODWRU\DVVHWRUOLDELOLW\7KHJDLQVRU ORVVHVUHFRUGHGDVIXHOH[SHQVHVZKHQWKHVZDSVDUH
VHWWOHGDUHUHFRYHUHGRUUHIXQGHGWKURXJKIXHOFRVWUHFRYHU\PHFKDQLVPV
E 'XH WR UHJXODWRU\ WUHDWPHQW WKH FKDQJHV LQ WKH HVWLPDWHG IDLU YDOXH RI )75V IRU WKH 8WLOLW\ RSHUDWLQJ
FRPSDQLHV DUH UHFRUGHG WKURXJK SXUFKDVHG SRZHU H[SHQVH DQG WKHQ VXFK DPRXQWV DUH VLPXOWDQHRXVO\
UHYHUVHG DQG UHFRUGHG DV DQ RIIVHWWLQJ UHJXODWRU\ DVVHW RU OLDELOLW\ 7KH JDLQV RU ORVVHV UHFRUGHG DV
SXUFKDVHGSRZHU H[SHQVHZKHQWKH)75V IRUWKH8WLOLW\RSHUDWLQJFRPSDQLHVDUHVHWWOHGDUHUHFRYHUHGRU
UHIXQGHGWKURXJKIXHOFRVWUHFRYHU\PHFKDQLVPV
Fair Values
7KHHVWLPDWHGIDLU YDOXHVRI(QWHUJVILQDQFLDOLQVWUXPHQWVDQGGHULYDWLYHVDUHGHWHUPLQHGXVLQJKLVWRULFDO
SULFHV ELG SULFHV PDUNHW TXRWHV DQG ILQDQFLDO PRGHOLQJ &RQVLGHUDEOH MXGJPHQW LV UHTXLUHG LQ GHYHORSLQJ WKH
HVWLPDWHVRIIDLUYDOXH7KHUHIRUHHVWLPDWHVDUHQRWQHFHVVDULO\LQGLFDWLYHRIWKHDPRXQWVWKDW(QWHUJ\FRXOGUHDOL]H
LQDFXUUHQWPDUNHWH[FKDQJH*DLQVRUORVVHVUHDOL]HGRQILQDQFLDOLQVWUXPHQWVRWKHUWKDQWKRVHLQVWUXPHQWVKHOGE\
WKH(QWHUJ\:KROHVDOH&RPPRGLWLHVEXVLQHVVDUHUHIOHFWHGLQIXWXUHUDWHVDQGWKHUHIRUHGRQRWDIIHFWQHWLQFRPH
(QWHUJ\FRQVLGHUVWKHFDUU\LQJDPRXQWVRIPRVWILQDQFLDOLQVWUXPHQWVFODVVLILHGDVFXUUHQWDVVHWVDQGOLDELOLWLHVWREH
DUHDVRQDEOHHVWLPDWHRIWKHLUIDLUYDOXHEHFDXVHRIWKHVKRUWPDWXULW\RIWKHVHLQVWUXPHQWV
$FFRXQWLQJVWDQGDUGVGHILQHIDLUYDOXHDVDQH[LWSULFHRUWKHSULFHWKDWZRXOGEHUHFHLYHGWRVHOODQDVVHWRU
WKH DPRXQW WKDW ZRXOG EH SDLG WR WUDQVIHU D OLDELOLW\ LQ DQ RUGHUO\ WUDQVDFWLRQ EHWZHHQ NQRZOHGJHDEOH PDUNHW
SDUWLFLSDQWVDWWKHGDWHRIPHDVXUHPHQW(QWHUJ\DQGWKH5HJLVWUDQW6XEVLGLDULHV XVHDVVXPSWLRQVRUPDUNHW LQSXW
