AVISTA CORP
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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FY2023 · Filed Feb 21, 2024
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Business Segments
As of December 31, 2023, we have two reportable business segments, Avista Utilities and AEL&P. We also have other businesses which do not represent a reportable business segment and are conducted by various direct and indirect subsidiaries of Avista Corp. See “Part I, Item 1. Business – Company Overview” for further discussion of our business segments.
The following table presents net income (loss) for each of our business segments and the other businesses, for the year ended December 31 (dollars in thousands):
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Avista Utilities | $167,016 | $117,901 | $125,558 |
| AEL&P | 8,937 | 7,545 | 7,224 |
| Other | (4,773) | 29,730 | 14,552 |
| Net income | $171,180 | $155,176 | $147,334 |
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