XML 74 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES $ 1,481,643 $ 1,450,505 $ 1,349,588
OPERATING COSTS AND EXPENSES:      
Fuel 340,466 331,701 281,542
Utilities Operating Expense, Purchased Power 133,674 164,542 189,847
Utilities Operating Expense, Maintenance and Operations 428,201 431,620 385,906
Depreciation and amortization 240,314 232,332 208,451
Taxes other than income taxes 42,236 53,952 44,644
Operating Expenses 1,184,891 1,214,147 1,110,390
Operating Income (Loss) 296,752 236,358 239,198
OTHER INCOME / (EXPENSE), NET:      
Allowance for equity funds used during construction 3,486 8,477 25,798
Interest Expense (121,771) (95,509) (101,130)
Loss on early extinguishment of debt 0 0 (8,875)
Other income / (expense), net (10,546) (1,852) 2,753
Total other income / (expense), net (128,831) (88,884) (81,454)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 167,921 147,474 157,744
Less: income tax expense - net 35,528 13,449 48,951
NET INCOME 132,393 134,025 108,793
Less: dividends on preferred stock 3,213 3,213 3,213
NET INCOME APPLICABLE TO COMMON STOCK 129,180 130,812 105,580
Indianapolis Power And Light Company      
REVENUES 1,481,643 1,450,505 1,349,588
OPERATING COSTS AND EXPENSES:      
Fuel 340,466 331,701 281,542
Utilities Operating Expense, Purchased Power 133,674 164,542 189,847
Utilities Operating Expense, Maintenance and Operations 427,803 431,125 385,338
Depreciation and amortization 240,314 232,332 208,451
Taxes other than income taxes 42,229 53,941 44,628
Operating Expenses 1,184,486 1,213,641 1,109,806
Operating Income (Loss) 297,157 236,864 239,782
OTHER INCOME / (EXPENSE), NET:      
Allowance for equity funds used during construction 3,486 8,477 25,798
Interest Expense (89,014) (64,472) (65,340)
Other income / (expense), net (10,922) (1,916) 1,866
Total other income / (expense), net (96,450) (57,911) (37,676)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 200,707 178,953 202,106
Less: income tax expense - net 43,430 21,590 65,591
NET INCOME 157,277 157,363 136,515
Less: dividends on preferred stock 3,213 3,213 3,213
NET INCOME APPLICABLE TO COMMON STOCK 154,064 154,150 $ 133,302
Electricity [Member]      
REVENUES 1,481,643 1,450,505  
Electricity [Member] | Indianapolis Power And Light Company      
REVENUES $ 1,481,643 $ 1,450,505