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Income Statement
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EVERGY KANSAS CENTRAL, INC. (WR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-22Jun-30-22Mar-31-22Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-Q10-Q10-Q10-Q10-K10-Q
OPERATING REVENUES  1,846.71,346.71,167.41,580.11,208.11,462.41,066.11,483.5
            OPERATING REVENUES growth  16.9%11.5%-20.2%6.5%5.4%34.7%-0.7%-5.3%
OPERATING EXPENSES:          
Fuel and purchased power  643.0414.3309.0355.8284.1635.1266.5316.2
SPP network transmission costs  81.681.578.773.673.869.465.466.1
Operating and maintenance  266.2282.8252.2265.2259.9275.5297.5304.6
Depreciation and amortization  233.2232.1229.0225.0225.2219.3222.0218.0
Taxes other than income tax  100.7100.3101.996.297.994.990.091.0
Estimated impairment loss on Sibley Unit 3  6.0       
    Total Operating Expenses  1,330.71,111.0970.81,015.8940.91,294.2941.4995.9
    INCOME FROM OPERATIONS  578.4335.5253.1600.7295.3317.7153.0521.7
            Operating margin  31.3%24.9%21.7%38.0%24.4%21.7%14.4%35.2%
   
OTHER INCOME (EXPENSE):          
Investment earnings  13.1-0.9-9.68.88.41.66.81.7
Other income  6.25.98.211.014.711.214.37.1
Other expense  -16.7-22.9-24.9-19.2-18.8-20.9-20.5-20.1
    Total Other Income (Expense), Net  19.35.0-26.319.823.112.821.18.8
Interest expense  -102.3-99.3-91.8-93.6-93.8-94.0-93.4-94.8
    INCOME BEFORE INCOME TAXES  478.7218.3135.0507.7205.8215.660.2415.6
Income tax expense  49.522.111.557.219.623.08.450.0
            Tax rate  10.3%10.1%8.5%11.3%9.5%10.7%14.0%12.0%
Equity in earnings of equity method investees, net of income taxes  2.01.42.12.02.12.02.21.9
    NET INCOME  431.2197.6125.6452.5188.3194.654.0367.5
Less: Net income attributable to noncontrolling interests  3.03.13.13.13.03.03.03.0
    Net income attributable to Evergy, Inc.  428.2194.5122.5449.4185.3191.651.0364.5
   
BASIC AND DILUTED EARNINGS PER AVERAGE COMMON SHARE OUTSTANDING ATTRIBUTABLE TO EVERGY, INC.          
Basic earnings per common share (in dollars per share)  $1.86$0.85$0.53$1.96$0.81$0.84$0.22$1.60
Diluted earnings per common share (in dollars per share)  $1.86$0.84$0.53$1.95$0.81$0.84$0.23$1.60
   
AVERAGE COMMON SHARES OUTSTANDING          
Basic (in shares)  229.9229.9229.8229.7229.3227.3227.2227.3
Diluted (in shares)  230.6230.4230.2230.2229.7227.6227.5227.5
   
COMPREHENSIVE INCOME          
    NET INCOME  431.2197.6125.6452.5188.3194.654.0367.5
   
Derivative hedging activity          
Gain on derivative hedging instruments          
Income tax benefit          
    Net gain on derivative hedging instruments          
Reclassification to expenses, net of tax  1.41.31.41.31.41.41.31.4
   
Defined benefit pension plans          
Net loss arising during period          
Income tax expense          
    Net gain arising during period, net of tax          
Amortization of net losses included in net periodic benefit costs, net of tax   0.1      
   
Change in unrecognized pension expense, net of tax          
    Total other comprehensive income          
    COMPREHENSIVE INCOME          

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