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EVERGY KANSAS CENTRAL, INC. (WR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
OPERATING REVENUES  5,329.14,781.65,019.64,224.02,571.02,562.12,459.22,601.7
            OPERATING REVENUES growth  11.5%-4.7%18.8%64.3%0.3%4.2%-5.5%9.7%
OPERATING EXPENSES:          
Fuel and purchased power  1,557.01,099.01,265.01,078.7541.5509.5 705.5
SPP network transmission costs  290.4263.2251.3259.9247.9232.8  
Operating and maintenance  1,107.51,163.01,218.51,115.8563.5587.2330.3367.2
Depreciation and amortization  896.4880.1861.7618.8371.7338.5310.6286.4
Taxes other than income tax  380.5364.2365.5269.1167.6191.7156.9140.3
    Total Operating Expenses  4,231.83,769.53,962.03,342.31,892.21,859.71,838.21,968.7
    INCOME FROM OPERATIONS  1,354.91,143.91,185.8933.6678.8702.4621.0633.0
            Operating margin  25.4%23.9%23.6%22.1%26.4%27.4%25.3%24.3%
   
OTHER INCOME (EXPENSE):          
Investment earnings  59.910.811.08.84.0   
Other income  46.331.326.915.58.334.619.431.5
Other expense  -87.4-78.2-76.9-78.7-39.1-38.6-17.6-18.4
    Total Other Income (Expense), Net  106.242.137.924.312.3-5.59.623.8
Interest expense  -372.6-383.9-374.0-279.6-171.0-161.7-176.8-183.1
    INCOME BEFORE INCOME TAXES  1,001.1723.9772.8599.6481.0539.2453.8473.6
Income tax expense  117.4102.297.059.0151.2184.5152.0151.3
            Tax rate  11.7%14.1%12.6%9.8%31.4%34.2%33.5%31.9%
Equity in earnings of equity method investees, net of income taxes  8.28.39.85.46.76.5  
    NET INCOME  891.9630.0685.6546.0336.5361.2301.8322.3
Less: Net income attributable to noncontrolling interests  12.211.715.710.212.614.69.99.1
    Net income attributable to Evergy, Inc.  879.7618.3669.9535.8323.9346.6291.9313.3
   
BASIC AND DILUTED EARNINGS PER AVERAGE COMMON SHARE OUTSTANDING ATTRIBUTABLE TO EVERGY, INC.          
Basic earnings per common share (in dollars per share)  $3.84$2.72$2.80$2.50$2.27$2.43$2.11$2.40
Diluted earnings per common share (in dollars per share)  $3.83$2.72$2.79$2.50$2.27$2.43$2.09$2.35
   
AVERAGE COMMON SHARES OUTSTANDING          
Basic (in shares)  229.0227.2239.5213.9142.5142.1138.0130.0
Diluted (in shares)  229.6227.5239.9214.1142.6142.5139.3132.8
   
COMPREHENSIVE INCOME          
    NET INCOME  891.9630.0685.6546.0336.5361.2301.8322.3
   
Derivative hedging activity          
Gain on derivative hedging instruments          
Income tax benefit          
    Net gain on derivative hedging instruments          
Reclassification to expenses, net of tax  5.53.01.5     
   
Defined benefit pension plans          
Net loss arising during period          
Income tax expense          
    Net gain arising during period, net of tax          
   
Change in unrecognized pension expense, net of tax          
    Total other comprehensive income          
    COMPREHENSIVE INCOME          

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