Entergy 2015 Annual Report Download - page 54

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54
Clear vision, clear progress.
2015 Integrated Report
For the Years Ended December 31,
In Thousands, Except Share Data 2015 2014 2013
Operating Revenues
Electric $ 9,308,678 $ 9,591,902 $ 8,942,360
Natural gas 142,746 181,794 154,353
Competitive businesses 2,061,827 2,721,225 2,294,234
Total 11,513,251 12,494,921 11,390,947
Operating Expenses
Operating and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale 2,452,171 2,632,558 2,445,818
Purchased power 1,390,805 1,915,414 1,554,332
Nuclear refueling outage expenses 251,316 267,679 256,801
Other operation and maintenance 3,354,981 3,310,536 3,331,934
Asset write-offs, impairments, and related charges 2,104,906 179,752 341,537
Decommissioning 280,272 272,621 242,104
Taxes other than income taxes 619,422 604,606 600,350
Depreciation and amortization 1,337,276 1,318,638 1,261,044
Other regulatory charges (credits) – net 175,304 (13,772) 45,597
Total 11,966,453 10,488,032 10,079,517
Gain on sale of asset / business 154,037 – 43,569
Operating Income (Loss) (299,165) 2,006,889 1,354,999
Other Income
Allowance for equity funds used during construction 51,908 64,802 66,053
Interest and investment income 187,062 147,686 199,300
Miscellaneous – net (95,997) (42,016) (59,762)
Total 142,973 170,472 205,591
Interest Expense
Interest expense 670,096 661,083 629,537
Allowance for borrowed funds used during construction (26,627) (33,576) (25,500)
Total 643,469 627,507 604,037
Income (Loss) Before Income Taxes (799,661) 1,549,854 956,553
Income taxes (642,927) 589,597 225,981
Consolidated Net Income (Loss)
(156,734) 960,257 730,572
Preferred dividend requirements of subsidiaries 19,828 19,536 18,670
Net Income (Loss) Attributable to Entergy Corporation $ (176,562) $ 940,721 $ 711,902
Earnings (loss) per average common share:
Basic $ (0.99) $ 5.24 $ 3.99
Diluted $ (0.99) $ 5.22 $ 3.99
Basic average number of common shares outstanding 179,176,356 179,506,151 178,211,192
Diluted average number of common shares outstanding 179,176,356 180,296,885 178,570,400
Consolidated Statements of Operations (unaudited)
Financial Highlights