EVERGY KANSAS CENTRAL, INC.
For the period ended Mar 31, 2026. Filed May 7, 2026.
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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.
Mar 31, 2026 · Filed May 7, 2026
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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Unaudited Consolidated Statements of Comprehensive Income
| EVERGY, INC. | ||
|---|---|---|
| Consolidated Statements of Comprehensive Income | ||
| (Unaudited) | ||
| Three Months Ended March 31 | 2026 | 2025 |
| (millions, except per share amounts) | ||
| OPERATING REVENUES | $1,443.7 | $1,374.5 |
| OPERATING EXPENSES: | ||
| Fuel and purchased power | 360.0 | 355.3 |
| SPP network transmission costs | 109.6 | 96.4 |
| Operating and maintenance | 243.2 | 232.0 |
| Depreciation and amortization | 305.3 | 288.1 |
| Taxes other than income tax | 107.2 | 111.1 |
| Total Operating Expenses | 1,125.3 | 1,082.9 |
| INCOME FROM OPERATIONS | 318.4 | 291.6 |
| OTHER INCOME (EXPENSE): | ||
| Investment earnings | 1.6 | 2.1 |
| Other income | 18.8 | 4.4 |
| Other expense | (8.7) | (9.5) |
| Total Other Income (Expense), Net | 11.7 | (3.0) |
| Interest expense | 174.5 | 152.5 |
| INCOME BEFORE INCOME TAXES | 155.6 | 136.1 |
| Income tax expense | 3.4 | 9.6 |
| Equity in earnings of equity method investees, net of income taxes | 2.4 | 1.6 |
| NET INCOME | 154.6 | 128.1 |
| Less: Net income attributable to noncontrolling interests | 3.1 | 3.1 |
| NET INCOME ATTRIBUTABLE TO EVERGY, INC. | $151.5 | $125.0 |
| BASIC AND DILUTED EARNINGS PER AVERAGE COMMON SHARE OUTSTANDING ATTRIBUTABLE TO EVERGY, INC. (see Note 1) | ||
| Basic earnings per common share | $0.66 | $0.54 |
| Diluted earnings per common share | $0.64 | $0.54 |
| AVERAGE COMMON SHARES OUTSTANDING | ||
| Basic | 230.7 | 230.4 |
| Diluted | 235.6 | 232.1 |
| COMPREHENSIVE INCOME | ||
| NET INCOME | $154.6 | $128.1 |
| OTHER COMPREHENSIVE INCOME: | ||
| Derivative hedging activity | ||
| Reclassification to expenses, net of tax | 1.4 | 1.4 |
| Derivative hedging activity, net of tax | 1.4 | 1.4 |
| Total other comprehensive income | 1.4 | 1.4 |
| Comprehensive income | 156.0 | 129.5 |
| Less: Comprehensive income attributable to noncontrolling interest | 3.1 | 3.1 |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO EVERGY, INC. | $152.9 | $126.4 |
| EVERGY, INC. | ||
|---|---|---|
| Consolidated Statements of Cash Flows | ||
| (Unaudited) | ||
| Three Months Ended March 31 | 2026 | 2025 |
| CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES: · (millions) | ||
| Net income | $154.6 | $128.1 |
| Adjustments to reconcile income to net cash from operating activities: | ||
| Depreciation and amortization | 305.3 | 288.1 |
| Amortization of nuclear fuel | 16.7 | 16.2 |
| Amortization of deferred refueling outage | 9.8 | 4.2 |
| Amortization of corporate-owned life insurance | 8.2 | 6.6 |
| Stock compensation | 5.6 | 4.5 |
| Net deferred income taxes and credits | (9.5) | (8.9) |
| Allowance for equity funds used during construction | (10.4) | (2.5) |
| Payments for asset retirement obligations | (0.6) | (3.5) |
| Equity in earnings of equity method investees, net of income taxes | (2.4) | (1.6) |
| Income from corporate-owned life insurance | (8.0) | (1.3) |
| (Gains) losses from investments in early-stage clean energy and energy solution companies | (0.2) | 3.6 |
| Losses on induced conversion of convertible notes | 10.3 | — |
| Other | 0.3 | 0.3 |
| Changes in working capital items: | ||
| Accounts receivable | 3.9 | 41.6 |
| Fuel inventory and supplies | (24.6) | (0.2) |
| Prepaid expenses and other current assets | (39.3) | (31.9) |
| Accounts payable | (191.8) | (155.3) |
| Accrued taxes | 126.4 | 116.9 |
| Other current liabilities | 25.2 | 60.6 |
| Changes in other assets | (8.7) | 19.6 |
| Changes in other liabilities | (8.3) | (35.5) |
| Cash Flows from Operating Activities | 362.5 | 449.6 |
| CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES: | ||
| Additions to property, plant and equipment | (851.9) | (592.8) |
| Purchase of securities - trusts | (29.6) | (26.8) |
| Sale of securities - trusts | 25.6 | 21.9 |
| Proceeds from nonrefundable contributions in aid of construction | 48.8 | — |
| Investment in corporate-owned life insurance | (1.9) | (4.2) |
| Proceeds from investment in corporate-owned life insurance | 49.6 | 0.7 |
| Other investing activities | 2.8 | 2.3 |
| Cash Flows used in Investing Activities | (756.6) | (598.9) |
| CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES: | ||
| Short-term debt, net | 66.3 | (264.0) |
| Proceeds from term loan facility | 555.0 | — |
| Repayment of term loan facility | (55.0) | — |
| Issuance of common stock | 0.4 | — |
| Proceeds from long-term debt | 348.0 | 594.2 |
| Retirements of long-term debt | (309.5) | — |
| Borrowings against cash surrender value of corporate-owned life insurance | 0.7 | 0.7 |
| Repayment of borrowings against cash surrender value of corporate-owned life insurance | (39.9) | — |
| Proceeds from refundable advances for construction | 6.8 | — |
| Cash dividends paid | (157.6) | (153.6) |
| Other financing activities | (14.5) | (5.7) |
| Cash Flows from Financing Activities | 400.7 | 171.6 |
| NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 6.6 | 22.3 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH: | ||
| Beginning of period | 27.0 | 29.9 |
| End of period | $33.6 | $52.2 |
| 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 |
| Balance as of December 31, 2025 | 230,262,674 | $7,273.1 | $2,966.2 | $(18.0) | $46.5 | $10,267.8 |
|---|---|---|---|---|---|---|
| Net income | — | — | 151.5 | — | 3.1 | 154.6 |
| Issuance of stock, net of issuance costs | 36,922 | 2.9 | — | — | — | 2.9 |
| Issuance of stock compensation and reinvested dividends, net of tax withholding | 210,542 | (7.6) | — | — | — | (7.6) |
| Dividends declared on common stock ($0.6950 per share) | — | — | (160.2) | — | — | (160.2) |
| Dividend equivalents declared | — | — | (1.5) | — | — | (1.5) |
| Stock compensation expense | — | 5.6 | — | — | — | 5.6 |
| Derivative hedging activity, net of tax | — | — | — | 1.4 | — | 1.4 |
| Conversion obligation of convertible notes | — | (56.9) | — | — | — | (56.9) |
| Other | — | 0.1 | — | — | — | 0.1 |
| Balance as of March 31, 2026 | 230,510,138 | $7,217.2 | $2,956.0 | $(16.6) | $49.6 | $10,206.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.