PPL Corp
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 16, 2024
PPLC$46.33-0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Income for the years ended December 31,
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Operating Revenues | |||
| Retail and wholesale | $1,580 | $1,762 | $1,545 |
| Electric revenue from affiliate | 33 | 36 | 24 |
| Total Operating Revenues | 1,613 | 1,798 | 1,569 |
| Operating Expenses | |||
| Operation | |||
| Fuel | 286 | 346 | 265 |
| Energy purchases | 168 | 245 | 167 |
| Energy purchases from affiliate | 12 | 25 | 23 |
| Other operation and maintenance | 364 | 416 | 400 |
| Depreciation | 302 | 298 | 279 |
| Taxes, other than income | 48 | 48 | 46 |
| Total Operating Expenses | 1,180 | 1,378 | 1,180 |
| Operating Income | 433 | 420 | 389 |
| Other Income (Expense) – net | 3 | 4 | (5) |
| Interest Income from Affiliates | 1 | — | — |
| Interest Expense | 102 | 89 | 81 |
| Income Before Income Taxes | 335 | 335 | 303 |
| Income Taxes | 69 | 63 | 54 |
| Net Income (a) | $266 | $272 | $249 |
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