Evergy, Inc. (EVRG) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16
	10-K	10-K	10-K	10-K	10-K	10-K
OPERATING REVENUES	5,329.1	4,781.6	5,019.6	4,224.0	2,571.0	2,562.1
OPERATING REVENUES growth	11.5%	-4.7%	18.8%	64.3%	0.3%
OPERATING EXPENSES:
Fuel and purchased power	1,557.0	1,099.0	1,265.0	1,078.7	541.5	509.5
SPP network transmission costs	290.4	263.2	251.3	259.9	247.9	232.8
Operating and maintenance	1,107.5	1,163.0	1,218.5	1,115.8	563.5	587.2
Depreciation and amortization	896.4	880.1	861.7	618.8	371.7	338.5
Taxes other than income tax	380.5	364.2	365.5	269.1	167.6	191.7
Total Operating Expenses	4,231.8	3,769.5	3,962.0	3,342.3	1,892.2	1,859.7
INCOME FROM OPERATIONS	1,354.9	1,143.9	1,185.8	933.6	678.8	702.4
Operating margin	25.4%	23.9%	23.6%	22.1%	26.4%	27.4%

OTHER INCOME (EXPENSE):
Investment earnings (loss)	59.9	10.8	11.0	8.8	4.0
Other income	46.3	31.3	26.9	15.5	8.3	34.6
Other expense	-87.4	-78.2	-76.9	-78.7	-39.1	-38.6
Total Other Income (Expense), Net	106.2	42.1	37.9	24.3	12.3	-5.5
Interest expense	-372.6	-383.9	-374.0	-279.6	-171.0	-161.7
INCOME BEFORE INCOME TAXES	1,001.1	723.9	772.8	599.6	481.0	539.2
Income tax expense	117.4	102.2	97.0	59.0	151.2	184.5
Tax rate	11.7%	14.1%	12.6%	9.8%	31.4%	34.2%
Equity in earnings of equity method investees, net of income taxes	8.2	8.3	9.8	5.4	6.7	6.5
NET INCOME	891.9	630.0	685.6	546.0	336.5	361.2
Less: Net income attributable to noncontrolling interests	12.2	11.7	15.7	10.2	12.6	14.6
Net income attributable to Evergy, Inc.	879.7	618.3	669.9	535.8	323.9	346.6

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
Diluted earnings per common share (in dollars per share)	$3.83	$2.72	$2.79	$2.50	$2.27	$2.43

AVERAGE COMMON SHARES OUTSTANDING
Basic (in shares)	229.0	227.2	239.5	213.9	142.5	142.1
Diluted (in shares)	229.6	227.5	239.9	214.1	142.6	142.5

COMPREHENSIVE INCOME
NET INCOME	891.9	630.0	685.6	546.0	336.5	361.2

Derivative hedging activity
Gain on derivative hedging instruments
Income tax benefit
Net gain on derivative hedging instruments
Reclassification to expenses, net of tax	5.5	3.0	1.5
Derivative hedging activity, net of tax	5.5	3.0	-46.4	-4.0

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
Less: Comprehensive income attributable to noncontrolling interest	12.2	11.7	15.7	10.2	12.6	14.6
COMPREHENSIVE INCOME	885.1	618.9	622.9	532.8	323.9	346.6