Skip to main content
Midas Edge

AMEREN CORP

For the period ended Dec 31, 2024. Filed Feb 18, 2025.

View on SEC.gov

About this filing

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.

FY2024 · Filed Feb 18, 2025

AEE$114.02+1.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Union Electric

CONSOLIDATED STATEMENT OF INCOME

Year Ended December 31,
202420232022
Operating Revenues:
Electric$3,847$3,694$3,849
Natural gas146165197
Total operating revenues3,9933,8594,046
Operating Expenses:
Fuel and purchased power1,0719971,150
Natural gas purchased for resale6079104
Other operations and maintenance1,0501,0031,028
Depreciation and amortization917783732
Taxes other than income taxes372360363
Total operating expenses3,4703,2223,377
Operating Income523637669
Other Income, Net19613099
Interest Charges244227213
Income Before Income Taxes475540555
Income Taxes (Benefit)(87)(8)(10)
Net Income562548565
Preferred Stock Dividends333
Net Income Attributable to Ameren Common Shareholders$559$545$562

CONSOLIDATED BALANCE SHEET

December 31,
20242023
ASSETS
Current Assets:
Cash and cash equivalents$—$—
Advances to money pool43—
Accounts receivable – trade (less allowance for doubtful accounts of $12 and $12, respectively)209204
Accounts receivable – affiliates4072
Unbilled revenue170163
Miscellaneous accounts receivable3326
Inventories514508
Current regulatory assets66101
Other current assets7068
Total current assets1,1451,142
Property, Plant, and Equipment, Net18,78817,250
Investments and Other Assets:
Nuclear decommissioning trust fund1,3421,150
Regulatory assets (includes $465 and $— at 2024 and 2023 related to VIEs, respectively)1,366755
Pension and other postretirement benefits211157
Other assets254152
Total investments and other assets3,1732,214
TOTAL ASSETS$23,106$20,606
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt (includes $17 and $— at 2024 and 2023 related to VIEs, respectively)$17$350
Short-term debt—170
Borrowings from money pool—306
Accounts and wages payable629618
Accounts payable – affiliates5053
Interest accrued8869
Other current liabilities235181
Total current liabilities1,0191,747
Long-term Debt, Net (includes $448 and $— at 2024 and 2023 related to VIEs, respectively)7,6715,991
Long-term Debt, Net – Related Parties57—
Deferred Credits and Other Liabilities:
Accumulated deferred income taxes and production and investment tax credits, net2,2172,122
Regulatory liabilities3,1762,959
Asset retirement obligations818768
Other deferred credits and liabilities15056
Total deferred credits and other liabilities6,3615,905
Commitments and Contingencies (Notes 2, 9, 13, and 14)
Shareholders’ Equity:
Common stock, $5 par value, 150.0 shares authorized – 102.1 shares outstanding511511
Other paid-in capital, principally premium on common stock3,2012,725
Preferred stock8080
Retained earnings4,2063,647
Total shareholders’ equity7,9986,963
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY$23,106$20,606

CONSOLIDATED STATEMENT OF CASH FLOWS

Year Ended December 31,
202420232022
Cash Flows From Operating Activities:
Net income$562$548$565
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization851827816
Amortization of nuclear fuel816865
Amortization of debt issuance costs and premium/discounts777
Deferred income taxes and production and investment tax credits, net(29)2821
Allowance for equity funds used during construction(58)(30)(24)
Other74(8)14
Changes in assets and liabilities:
Receivables(26)39(68)
Inventories(6)(74)(15)
Accounts and wages payable17(8)19
Taxes accrued60(17)(21)
Regulatory assets and liabilities51(7)(206)
Assets, other—(25)1
Liabilities, other1837
Pension and other postretirement benefits(76)(106)(16)
Counterparty collateral, net(3)96(35)
Net cash provided by operating activities1,5231,3411,130
Cash Flows From Investing Activities:
Capital expenditures(2,712)(1,760)(1,690)
Nuclear fuel expenditures(91)(174)(29)
Purchases of securities – nuclear decommissioning trust fund(584)(266)(229)
Sales and maturities of securities – nuclear decommissioning trust fund564240216
Money pool advances, net(43)——
Other(32)—29
Net cash used in investing activities(2,898)(1,960)(1,703)
Cash Flows From Financing Activities:
Dividends on common stock—(9)(46)
Dividends on preferred stock(3)(3)(3)
Short-term debt, net(170)(159)164
Money pool borrowings, net(306)306—
Maturities of long-term debt(350)—(55)
Issuances of long-term debt1,771499524
Debt issuance costs(21)(8)(6)
Capital contribution from parent476——
Other(15)(10)—
Net cash provided by financing activities1,382616578
Net change in cash, cash equivalents, and restricted cash7(3)5
Cash, cash equivalents, and restricted cash at beginning of year10138
Cash, cash equivalents, and restricted cash at end of year$17$10$13
Cash Paid (Refunded) During the Year:
Interest (net of $39, $27, and $13 capitalized, respectively)$244$225$230
Income taxes, net (includes production and investment tax credit sale proceeds of $95, $49, and $–, respectively)(136)(19)(20)

CONSOLIDATED STATEMENT OF SHAREHOLDERS’ EQUITY

December 31,
202420232022
Common Stock$511$511$511
Other Paid-in Capital:
Beginning of year2,7252,7252,725
Capital contribution from parent476——
Other paid-in capital, end of year3,2012,7252,725
Preferred Stock808080
Retained Earnings:
Beginning of year3,6473,1112,595
Net income562548565
Dividends on common stock—(9)(46)
Dividends on preferred stock(3)(3)(3)
Retained earnings, end of year4,2063,6473,111
Total Shareholders’ Equity$7,998$6,963$6,427
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.