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Consolidated Statements Of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 57,027,000 $ 96,626,000 $ 119,182,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 287,863,000 266,504,000 256,085,000
Amortization of deferred financing costs and debt discounts 3,880,000 3,914,000 3,915,000
Deferred income taxes and investment tax credit adjustments - net 32,653,000 (6,706,000) (7,378,000)
Allowance for equity funds used during construction (9,315,000) (4,784,000) (5,412,000)
Cash Acquired from Acquisition 0 0 (5,630,000)
Change in certain assets and liabilities:      
Accounts receivable (17,398,000) (37,387,000) (13,943,000)
Inventories (30,171,000) (47,489,000) (12,017,000)
Prepayments and other current assets (6,476,000) 19,056,000 (4,593,000)
Accounts payable (46,993,000) (32,038,000) (21,417,000)
Accrued and other current liabilities 2,790,000 6,532,000 (13,017,000)
Accrued taxes payable/receivable (18,375,000) (5,858,000) 638,000
Accrued interest 192,000 2,813,000 (1,099,000)
Pension and other postretirement benefit assets and liabilities 1,625,000 (8,727,000) (16,592,000)
Current and non-current regulatory assets and liabilities 54,358,000 38,863,000 (104,759,000)
Other non-current liabilities (9,445,000) (14,384,000) 10,446,000
Other - net (4,268,000) 5,335,000 (2,026,000)
Net Cash Provided by (Used in) Operating Activities 391,933,000 346,346,000 225,217,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (902,705,000) (496,510,000) (291,510,000)
Project development costs (4,462,000) (3,910,000) (1,304,000)
Cost of removal payments (45,595,000) (23,948,000) (35,260,000)
Proceeds from Insurance Settlement, Investing Activities 4,900,000 0 0
Purchase of intangibles (44,650,000) 0 (26,261,000)
Other (361,000) (719,000) (14,380,000)
Net cash used in investing activities (992,873,000) (525,087,000) (368,715,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings from revolving credit facilities 435,000,000 300,000,000 320,000,000
Repayments from revolving credit facilities 280,000,000 360,000,000 335,000,000
Short-term borrowings 300,000,000 200,000,000 0
Repayments of short-term borrowings 0 (200,000,000) 0
Long-term borrowings 0 350,000,000 95,000,000
Retirement of long-term borrowings, including early payment premium 0 0 (95,000,000)
Distributions to shareholders (104,287,000) (101,986,000) (131,476,000)
Equity contributions from shareholders 0 253,000,000 275,000,000
Proceeds from (Payments to) Noncontrolling Interests 77,921,000 0 0
Redemption of preferred stock 0 (60,080,000) 0
Preferred dividends of subsidiary 0 (3,213,000) (3,213,000)
Contributions from shareholders   253,000,000 275,000,000
Payments of deferred financing costs and discounts (350,000) (4,309,000) (1,387,000)
Other (313,000) (35,000) (131,000)
Net cash provided by financing activities 427,971,000 373,377,000 123,793,000
Net change in cash, cash equivalents and restricted cash (172,969,000) 194,636,000 (19,705,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 28,584,000 201,553,000 6,917,000
Cash and Cash Equivalents, at Carrying Value 28,579,000 201,548,000  
Cash paid during the period for:      
Interest (net of amount capitalized) 129,113,000 115,277,000 118,052,000
Income taxes 0 31,000,000 27,500,000
Non-cash investing activities:      
Accruals for capital expenditures 124,626,000 66,949,000 81,325,000
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability 983,000 (3,402,000) 19,763,000
Change in Right-of-Use Asset Lease Liability (1,408,000) (3,402,000) 19,763,000
Indianapolis Power And Light Company      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income 90,097,000 129,975,000 150,243,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 287,863,000 266,504,000 256,085,000
Amortization of deferred financing costs and debt discounts 2,406,000 2,511,000 2,536,000
Deferred income taxes and investment tax credit adjustments - net 23,582,000 (6,584,000) (7,373,000)
Allowance for equity funds used during construction (9,315,000) (4,784,000) (5,412,000)
Cash Acquired from Acquisition 0 0 (5,630,000)
Change in certain assets and liabilities:      
Accounts receivable (17,398,000) (37,391,000) (13,746,000)
Inventories (30,171,000) (47,489,000) (12,017,000)
Prepayments and other current assets (6,476,000) 19,016,000 (4,556,000)
Accounts payable (47,016,000) (32,232,000) (21,502,000)
Accrued and other current liabilities 2,790,000 6,532,000 (13,017,000)
Accrued taxes payable/receivable 1,647,000 (3,452,000) (2,302,000)
Accrued interest 192,000 2,813,000 (1,099,000)
Pension and other postretirement benefit assets and liabilities 1,625,000 (8,727,000) (16,592,000)
Current and non-current regulatory assets and liabilities 54,358,000 38,863,000 (104,759,000)
Other non-current liabilities (16,663,000) (21,717,000) 5,566,000
Other - net (4,074,000) 4,967,000 (1,645,000)
Net Cash Provided by (Used in) Operating Activities 427,479,000 373,269,000 247,784,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (902,705,000) (496,510,000) (291,510,000)
Project development costs (4,462,000) (3,910,000) (1,304,000)
Cost of removal payments (45,595,000) (23,948,000) (35,260,000)
Proceeds from Insurance Settlement, Investing Activities 4,900,000 0 0
Loan repayments from parents 0 0 6,110,000
Purchase of intangibles 44,650,000 0 26,261,000
Other (361,000) (719,000) (14,380,000)
Net cash used in investing activities (992,873,000) (525,087,000) (362,605,000)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings from revolving credit facilities 435,000,000 300,000,000 320,000,000
Repayments from revolving credit facilities 280,000,000 360,000,000 335,000,000
Short-term borrowings 300,000,000 200,000,000 0
Repayments of short-term borrowings 0 200,000,000 0
Long-term borrowings 0 350,000,000 95,000,000
Retirement of long-term borrowings, including early payment premium 0 0 (95,000,000)
Distributions to shareholders (140,200,000) (127,200,000) (155,700,000)
Proceeds from (Payments to) Noncontrolling Interests 77,921,000 0 0
Redemption of preferred stock 0 60,080,000 0
Preferred dividends of subsidiary 0 (3,213,000) (3,213,000)
Contributions from shareholders 0 253,000,000 275,000,000
Payments of deferred financing costs and discounts (350,000) (4,309,000) (1,325,000)
Other (313,000) (33,000) (131,000)
Net cash provided by financing activities 392,058,000 348,165,000 99,631,000
Net change in cash, cash equivalents and restricted cash (173,336,000) 196,347,000 (15,190,000)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 25,772,000 199,108,000 2,761,000
Cash and Cash Equivalents, at Carrying Value 25,767,000 199,103,000  
Cash paid during the period for:      
Interest (net of amount capitalized) 93,544,000 80,104,000 82,880,000
Income taxes 0 39,500,000 40,800,000
Non-cash investing activities:      
Accruals for capital expenditures 124,626,000 66,949,000 81,325,000
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability 983,000 (3,402,000) 19,763,000
Change in Right-of-Use Asset Lease Liability $ (1,408,000) $ (3,402,000) $ 19,763,000