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

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

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Contents

Consolidated Statements of Comprehensive Income

EVERGY METRO, INC.
Consolidated Statements of Comprehensive Income
Year Ended December 31	2024	2023	2022
(millions)
OPERATING REVENUES	$1,893.7	$1,889.0	$1,970.6
OPERATING EXPENSES:
Fuel and purchased power	552.8	530.9	630.7
Operating and maintenance	281.7	284.1	334.4
Depreciation and amortization	400.6	416.6	337.8
Taxes other than income tax	147.4	132.8	130.0
Other regulatory disallowances	—	—	5.5
Total Operating Expenses	1,382.5	1,364.4	1,438.4
INCOME FROM OPERATIONS	511.2	524.6	532.2
OTHER INCOME (EXPENSE):
Investment earnings	4.9	3.8	2.9
Other income	8.9	5.6	15.2
Other expense	(12.5)	(27.0)	(33.9)
Total Other Income (Expense), Net	1.3	(17.6)	(15.8)
Interest expense	147.1	135.8	110.7
INCOME BEFORE INCOME TAXES	365.4	371.2	405.7
Income tax expense	40.9	39.2	50.3
NET INCOME	$324.5	$332.0	$355.4
COMPREHENSIVE INCOME
NET INCOME	$324.5	$332.0	$355.4
OTHER COMPREHENSIVE INCOME:
Derivative hedging activity
Reclassification to expenses, net of tax	(0.3)	(0.3)	(0.3)
Derivative hedging activity, net of tax	(0.3)	(0.3)	(0.3)
Total other comprehensive loss	(0.3)	(0.3)	(0.3)
COMPREHENSIVE INCOME	$324.2	$331.7	$355.1

EVERGY METRO, INC.
Consolidated Balance Sheets
	December 31
	2024	2023
ASSETS · (millions, except share amounts)
CURRENT ASSETS:
Cash and cash equivalents	$3.7	$3.3
Receivables, net of allowance for credit losses of $5.8 and $7.9, respectively	58.1	55.0
Related party receivables	126.1	128.5
Accounts receivable pledged as collateral	136.0	126.0
Fuel inventory and supplies	283.8	264.6
Regulatory assets	42.7	53.2
Prepaid expenses	25.6	20.9
Other	25.5	14.7
Total Current Assets	701.5	666.2
PROPERTY, PLANT AND EQUIPMENT, NET	8,292.4	8,131.2
OTHER ASSETS:
Regulatory assets	429.4	380.8
Nuclear decommissioning trust	471.9	401.3
Other	81.5	77.0
Total Other Assets	982.8	859.1
TOTAL ASSETS	$9,976.7	$9,656.5

EVERGY METRO, INC.
Consolidated Balance Sheets
	December 31
	2024	2023
LIABILITIES AND EQUITY · (millions, except share amounts)
CURRENT LIABILITIES:
Current maturities of long-term debt	$350.0	$—
Commercial paper	158.7	423.3
Collateralized note payable	136.0	126.0
Accounts payable	252.8	272.5
Related party payables	0.2	1.1
Accrued taxes	52.4	45.7
Accrued interest	32.1	27.4
Regulatory liabilities	38.5	43.0
Asset retirement obligations	11.8	16.0
Accrued compensation and benefits	37.6	36.9
Other	69.8	58.3
Total Current Liabilities	1,139.9	1,050.2
LONG-TERM LIABILITIES:
Long-term debt, net	2,873.4	2,924.4
Deferred income taxes	755.3	797.2
Unamortized investment tax credits	108.0	111.3
Regulatory liabilities	1,008.4	860.2
Pension and post-retirement liability	137.0	190.8
Asset retirement obligations	490.9	444.4
Other	87.6	85.0
Total Long-Term Liabilities	5,460.6	5,413.3
Commitments and Contingencies (Note 15)
EQUITY:
Common stock - 1,000 shares authorized, without par value, 1 share issued, stated value	1,563.1	1,563.1
Retained earnings	1,809.7	1,626.2
Accumulated other comprehensive income	3.4	3.7
Total Equity	3,376.2	3,193.0
TOTAL LIABILITIES AND EQUITY	$9,976.7	$9,656.5

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.