10-KPeriod: FY2012

ENTERGY CORP /DE/ Annual Report, Year Ended Dec 31, 2012

Filed February 27, 2013For Securities:ETR

Summary

Entergy Corporation's 2012 10-K filing provides a comprehensive overview of its financial performance and operational status as of December 31, 2012. The report details the company's operations across its Utility and Entergy Wholesale Commodities segments, highlighting the regulatory environment and potential risks. Investors will find key financial statements including income statements, balance sheets, and cash flow statements for the years 2010-2012, along with detailed notes and management's discussion and analysis. The filing underscores the company's commitment to providing essential utility services while also engaging in wholesale power generation. It outlines the various regulatory bodies that oversee Entergy's operations, which can significantly impact earnings and strategic decisions. Investors should pay close attention to the risk factors section, which details potential challenges such as regulatory changes, economic conditions, and environmental matters that could affect future performance and shareholder value.

Financial Highlights

47 data points
Beta

Revenue

$10.30B

Net Income

$868.36M

8.4% Net Margin

EPS (Diluted)

$2.38

Total Assets

$43.20B

Cash & Equivalents

$532.57M

Free Cash Flow

$2.94B

Financial Statements
Beta
Revenue$10.30B
Operating Expenses$9.00B
Operating Income$1.30B
Interest Expense$606.60M
Net Income$868.36M
EPS (Basic)$2.38
EPS (Diluted)$2.38
Shares Outstanding (Basic)354.65M
Shares Outstanding (Diluted)355.48M

Key Highlights

  • 1The 10-K report covers Entergy's financial performance for the fiscal year ending December 31, 2012, providing comparative data for 2011 and 2010.
  • 2Key financial statements, including Consolidated Income Statements, Statements of Cash Flows, and Balance Sheets, are provided for the parent company and its major subsidiaries.
  • 3Management's Discussion and Analysis (MD&A) offers insights into the company's financial condition, results of operations, and liquidity, segmented by utility and wholesale commodities businesses.
  • 4The report details the regulatory landscape affecting Entergy's operations, which is a critical factor for utility companies.
  • 5A section on Risk Factors identifies potential challenges and uncertainties that could impact the company's future business, financial condition, and results of operations.
  • 6The filing includes information on properties, legal proceedings, and executive officers, providing a holistic view of the company's structure and governance.
  • 7Selected Financial Data over a five-year period is presented, allowing for trend analysis and historical performance review.

Frequently Asked Questions

In 2012, Entergy Corporation operated through two primary business segments: Utility and Entergy Wholesale Commodities. The Utility segment encompasses regulated electric power operations in states such as Arkansas, Louisiana, Mississippi, and Texas. The Entergy Wholesale Commodities segment includes non-regulated competitive power generation assets.

This 10-K filing contains a full suite of financial statements for the years ended December 31, 2012, 2011, and 2010, including Consolidated Income Statements, Statements of Comprehensive Income, Statements of Cash Flows, Balance Sheets, and Statements of Changes in Equity. It also includes detailed Notes to Financial Statements and a five-year comparison of Selected Financial Data.

The Risk Factors section details various risks, which may include but are not limited to, regulatory changes and uncertainties impacting rates and operations, economic conditions affecting demand for electricity, environmental regulations and liabilities, operational risks associated with power generation and delivery, and litigation.

Entergy's financial performance, particularly for its Utility segment, is significantly influenced by the regulatory environment. The company operates under the jurisdiction of various federal, state, and local regulatory bodies that approve rates, operational standards, and capital investments. Changes in regulations, rate decisions, and the outcomes of regulatory proceedings can have a material impact on revenue, expenses, and overall profitability.