Evergy Inc

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

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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.

FY2024 · Filed Feb 27, 2025

EVRG$88.44+0.5%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Cash Flows

EVERGY KANSAS CENTRAL, INC.
Consolidated Statements of Cash Flows
Year Ended December 31	2024	2023	2022
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES: · (millions)
Net income	$565.0	$384.5	$420.9
Adjustments to reconcile income to net cash from operating activities:
Depreciation and amortization	561.7	515.5	484.6
Amortization of nuclear fuel	28.1	30.9	27.6
Amortization of deferred refueling outage	8.6	9.1	10.6
Amortization of corporate-owned life insurance	23.8	25.1	25.0
Net deferred income taxes and credits	1.3	(38.4)	(87.4)
Allowance for equity funds used during construction	(12.5)	(6.4)	(8.5)
Payments for asset retirement obligations	(7.4)	(9.8)	(6.9)
Equity in earnings of equity method investees, net of income taxes	(3.3)	(3.6)	(4.0)
Income from corporate-owned life insurance	(18.5)	(30.0)	(5.6)
Other	(5.5)	(5.5)	(5.5)
Changes in working capital items:
Accounts receivable	30.6	70.6	(11.0)
Accounts receivable pledged as collateral	(49.0)	19.0	(32.0)
Fuel inventory and supplies	(60.2)	(61.5)	(65.7)
Prepaid expenses and other current assets	73.1	65.3	102.7
Accounts payable	42.4	(26.4)	2.9
Accrued taxes	(1.3)	(25.9)	29.0
Other current liabilities	(105.8)	(26.0)	22.8
Changes in other assets	(15.4)	4.6	42.3
Changes in other liabilities	(15.7)	126.8	4.0
Cash Flows from Operating Activities	1,040.0	1,017.9	945.8
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Additions to property, plant and equipment	(1,274.6)	(1,196.8)	(918.9)
Acquisition of Persimmon Creek, net of cash acquired	—	(217.9)	—
Purchase of securities - trusts	(52.5)	(25.6)	(24.9)
Sale of securities - trusts	19.1	8.3	11.2
Investment in corporate-owned life insurance	(15.6)	(16.0)	(16.4)
Proceeds from investment in corporate-owned life insurance	97.6	117.4	35.2
Other investing activities	28.8	13.3	11.0
Cash Flows used in Investing Activities	(1,197.2)	(1,317.3)	(902.8)
CASH FLOWS FROM FINANCING ACTIVITIES:
Short-term debt, net	566.9	(542.4)	366.1
Collateralized short-term debt, net	49.0	(19.0)	32.0
Proceeds from long-term debt	—	690.5	—
Retirements of long-term debt	—	(50.0)	—
Net money pool borrowings	(261.4)	261.4	—
Borrowings against cash surrender value of corporate-owned life insurance	48.3	50.2	51.6
Repayment of borrowings against cash surrender value of corporate-owned life insurance	(72.2)	(88.6)	(28.0)
Cash dividends paid	(172.0)	—	(455.0)
Other financing activities	(6.9)	(2.2)	(4.1)
Cash Flows from (used in) Financing Activities	151.7	299.9	(37.4)
NET CHANGE IN CASH AND CASH EQUIVALENTS	(5.5)	0.5	5.6
CASH AND CASH EQUIVALENTS:
Beginning of period	9.2	8.7	3.1
End of period	$3.7	$9.2	$8.7

EVERGY KANSAS CENTRAL, INC.
Consolidated Statements of Changes in Equity
	Evergy Kansas Central, Inc. Shareholder
	Common stock shares	Common stock	Retained earnings	Non-controlling interests	Total equity
(millions, except share amounts)
Balance as of December 31, 2021	1	$2,737.6	$1,806.6	$(2.7)	$4,541.5
Net income	—	—	408.6	12.3	420.9
Dividends declared on common stock	—	—	(455.0)	—	(455.0)
Balance as of December 31, 2022	1	2,737.6	1,760.2	9.6	4,507.4
Net income	—	—	372.2	12.3	384.5
Balance as of December 31, 2023	1	2,737.6	2,132.4	21.9	4,891.9
Net income	—	—	552.7	12.3	565.0
Dividends declared on common stock	—	—	(172.0)	—	(172.0)
Balance as of December 31, 2024	1	$2,737.6	$2,513.1	$34.2	$5,284.9

ContentsView on SEC.gov

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