EVERGY KANSAS CENTRAL, INC.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 7, 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

Unaudited Consolidated Statements of Comprehensive Income

EVERGY, INC.
Consolidated Statements of Comprehensive Income
(Unaudited)
	Three Months EndedJune 30		Year to Date June 30
	2025	2024	2025	2024
(millions, except per share amounts)
OPERATING REVENUES	$1,437.0	$1,447.5	$2,811.5	$2,778.5
OPERATING EXPENSES:
Fuel and purchased power	330.4	359.0	685.7	735.4
SPP network transmission costs	114.9	100.0	211.3	172.7
Operating and maintenance	255.1	237.7	487.1	469.2
Depreciation and amortization	288.4	280.1	576.5	556.2
Taxes other than income tax	104.4	112.6	215.5	226.7
Total Operating Expenses	1,093.2	1,089.4	2,176.1	2,160.2
INCOME FROM OPERATIONS	343.8	358.1	635.4	618.3
OTHER INCOME (EXPENSE):
Investment earnings (loss)	(20.9)	2.6	(18.8)	7.9
Other income	22.3	9.8	26.7	18.3
Other expense	(8.8)	(11.4)	(18.3)	(20.9)
Total Other Income (Expense), Net	(7.4)	1.0	(10.4)	5.3
Interest expense	153.8	143.6	306.3	276.8
INCOME BEFORE INCOME TAXES	182.6	215.5	318.7	346.8
Income tax expense	10.0	7.4	19.6	14.7
Equity in earnings of equity method investees, net of income taxes	1.8	2.0	3.4	3.8
NET INCOME	174.4	210.1	302.5	335.9
Less: Net income attributable to noncontrolling interests	3.1	3.1	6.2	6.2
NET INCOME ATTRIBUTABLE TO EVERGY, INC.	$171.3	$207.0	$296.3	$329.7
BASIC AND DILUTED EARNINGS PER AVERAGE COMMON SHARE OUTSTANDING ATTRIBUTABLE TO EVERGY, INC. (see Note 1)
Basic earnings per common share	$0.74	$0.90	$1.29	$1.43
Diluted earnings per common share	$0.74	$0.90	$1.28	$1.43
AVERAGE COMMON SHARES OUTSTANDING
Basic	230.4	230.3	230.4	230.2
Diluted	232.7	230.5	232.4	230.5
COMPREHENSIVE INCOME
NET INCOME	$174.4	$210.1	$302.5	$335.9
Derivative hedging activity
Reclassification to expenses, net of tax	1.4	1.4	2.8	2.7
Derivative hedging activity, net of tax	1.4	1.4	2.8	2.7
Amortization of net gains included in net periodic benefit costs, net of tax	(0.1)	—	(0.1)	—
Change in unrecognized pension expense, net of tax	(0.1)	—	(0.1)	—
Total other comprehensive income	1.3	1.4	2.7	2.7
COMPREHENSIVE INCOME	175.7	211.5	305.2	338.6
Less: Comprehensive income attributable to noncontrolling interest	3.1	3.1	6.2	6.2
COMPREHENSIVE INCOME ATTRIBUTABLE TO EVERGY, INC.	$172.6	$208.4	$299.0	$332.4

EVERGY, INC.
Consolidated Statements of Cash Flows
(Unaudited)
Year to Date June 30	2025	2024
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES: · (millions)
Net income	$302.5	$335.9
Adjustments to reconcile income to net cash from operating activities:
Depreciation and amortization	576.5	556.2
Amortization of nuclear fuel	32.4	24.4
Amortization of deferred refueling outage	8.4	9.3
Amortization of corporate-owned life insurance	13.3	11.9
Stock compensation	11.3	8.1
Net deferred income taxes and credits	(11.1)	(13.5)
Allowance for equity funds used during construction	(5.9)	(7.8)
Payments for asset retirement obligations	(5.8)	(7.0)
Equity in earnings of equity method investees, net of income taxes	(3.4)	(3.8)
Income from corporate-owned life insurance	(7.9)	(11.4)
(Gains) losses from investments in early-stage clean energy and energy solution companies	29.0	(1.4)
Other	0.8	(0.7)
Changes in working capital items:
Accounts receivable	(137.6)	(132.0)
Accounts receivable pledged as collateral	63.0	13.0
Fuel inventory and supplies	21.9	(28.7)
Prepaid expenses and other current assets	15.0	62.0
Accounts payable	(169.5)	(129.9)
Accrued taxes	105.6	89.6
Other current liabilities	(16.1)	(118.6)
Changes in other assets	20.1	(8.2)
Changes in other liabilities	(69.0)	(12.6)
Cash Flows from Operating Activities	773.5	634.8
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:
Additions to property, plant and equipment	(1,220.1)	(1,296.1)
Purchase of securities - trusts	(70.8)	(60.8)
Sale of securities - trusts	68.0	56.9
Investment in corporate-owned life insurance	(14.8)	(15.1)
Proceeds from investment in corporate-owned life insurance	5.2	44.1
Other investing activities	(2.9)	0.9
Cash Flows used in Investing Activities	(1,235.4)	(1,270.1)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:
Short-term debt, net	215.6	17.9
Collateralized short-term borrowings, net	(63.0)	(13.0)
Issuance of common stock	0.4	—
Proceeds from long-term debt	593.4	920.7
Retirements of long-term debt	(8.0)	—
Borrowings against cash surrender value of corporate-owned life insurance	46.1	49.1
Repayment of borrowings against cash surrender value of corporate-owned life insurance	(3.3)	(29.6)
Cash dividends paid	(304.6)	(295.4)
Other financing activities	(9.6)	(6.6)
Cash Flows from Financing Activities	467.0	643.1
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	5.1	7.8
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:
Beginning of period	29.9	27.7
End of period	$35.0	$35.5

EVERGY, INC.
Consolidated Statements of Changes in Equity
(Unaudited)
	Evergy, Inc. Shareholders
	Common stock shares	Common stock	Retained earnings	AOCI	Non-controlling interests	Total equity
(millions, except share amounts)
Balance as of December 31, 2023	229,729,296	$7,234.9	$2,457.8	$(29.6)	$21.9	$9,685.0
Net income	—	—	122.7	—	3.1	125.8
Issuance of stock compensation and reinvested dividends, net of tax withholding	193,042	(4.0)	—	—	—	(4.0)
Dividends declared on common stock ($0.6425 per share)	—	—	(147.7)	—	—	(147.7)
Dividend equivalents declared	—	—	(0.4)	—	—	(0.4)
Stock compensation expense	—	3.9	—	—	—	3.9
Derivative hedging activity, net of tax	—	—	—	1.3	—	1.3
Other	—	0.2	—	—	—	0.2
Balance as of March 31, 2024	229,922,338	7,235.0	2,432.4	(28.3)	25.0	9,664.1
Net income	—	—	207.0	—	3.1	210.1
Issuance of stock compensation and reinvested dividends, net of tax withholding	32,186	(0.1)	—	—	—	(0.1)
Dividends declared on common stock ($0.6425 per share)	—	—	(147.7)	—	—	(147.7)
Dividend equivalents declared	—	—	(0.4)	—	—	(0.4)
Stock compensation expense	—	4.2	—	—	—	4.2
Derivative hedging activity, net of tax	—	—	—	1.4	—	1.4
Other	—	0.1	—	—	—	0.1
Balance as of June 30, 2024	229,954,524	$7,239.2	$2,491.3	$(26.9)	$28.1	$9,731.7

EVERGY, INC.
Consolidated Statements of Changes in Equity
(Unaudited)
	Evergy, Inc. Shareholders
	Common stock shares	Common stock	Retained earnings	AOCI	Non-controlling interests	Total equity
(millions, except share amounts)
Balance as of December 31, 2024	229,983,615	$7,245.9	$2,732.9	$(23.8)	$34.2	$9,989.2
Net income	—	—	125.0	—	3.1	128.1
Issuance of stock compensation and reinvested dividends, net of tax withholding	101,120	(2.3)	—	—	—	(2.3)
Dividends declared on common stock ($0.6675 per share)	—	—	(153.6)	—	—	(153.6)
Dividend equivalents declared	—	—	0.3	—	—	0.3
Stock compensation expense	—	4.5	—	—	—	4.5
Derivative hedging activity, net of tax	—	—	—	1.4	—	1.4
Other	—	0.3	—	—	—	0.3
Balance as of March 31, 2025	230,084,735	7,248.4	2,704.6	(22.4)	37.3	9,967.9
Net income	—	—	171.3	—	3.1	174.4
Issuance of common stock, net of issuance costs	44,622	3.0	—	—	—	3.0
Issuance of stock compensation and reinvested dividends, net of tax withholding	21,912	—	—	—	—	—
Dividends declared on common stock ($0.6675 per share)	—	—	(153.6)	—	—	(153.6)
Dividend equivalents declared	—	—	(0.5)	—	—	(0.5)
Stock compensation expense	—	6.8	—	—	—	6.8
Derivative hedging activity, net of tax	—	—	—	1.4	—	1.4
Change in unrecognized pension expense, net of tax	—	—	—	(0.1)	—	(0.1)
Other	—	(0.1)	—	—	—	(0.1)
Balance as of June 30, 2025	230,151,269	$7,258.1	$2,721.8	$(21.1)	$40.4	$9,999.2

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