SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K (Amendment No. 1)
(Mark One)
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]
For the Fiscal Year Ended December 31, 1994
OR
TRANSITION REPORT PURSUANT TO SECTION 13
OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 [NO FEE REQUIRED]
For the transition period from ____________ to ____________
Commission Registrant, State of Incorporation, IRS Employer
File Number Address of Principal Executive Identification No.
Offices and Telephone Number
1-11299 ENTERGY CORPORATION 13-5550175
(a Delaware corporation)
639 Loyola Avenue
New Orleans, Louisiana 70113
Telephone (504) 529-5262
1-10764 ARKANSAS POWER & LIGHT COMPANY 71-0005900
(an Arkansas corporation)
425 West Capitol Avenue, 40th Floor
Little Rock, Arkansas 72201
Telephone (501) 377-4000
1-2703 GULF STATES UTILITIES COMPANY 74-0662730
(a Texas corporation)
350 Pine Street
Beaumont, Texas 77701
Telephone (409) 838-6631
1-8474 LOUISIANA POWER & LIGHT COMPANY 72-0245590
(a Louisiana corporation)
639 Loyola Avenue
New Orleans, Louisiana 70113
Telephone (504) 529-5262
0-320 MISSISSIPPI POWER & LIGHT COMPANY 64-0205830
(a Mississippi corporation)
308 East Pearl Street
Jackson, Mississippi 39215
Telephone (601) 969-2311
0-5807 NEW ORLEANS PUBLIC SERVICE INC. 72-0273040
(a Louisiana corporation)
639 Loyola Avenue
New Orleans, Louisiana 70113
Telephone (504) 529-5262
1-9067 SYSTEM ENERGY RESOURCES, INC. 72-0752777
(an Arkansas corporation)
Echelon One
1340 Echelon Parkway
Jackson, Mississippi 39213
Telephone (601) 368-5000
Amendment No. 1 to Entergy Corporation, Arkansas Power & Light
Company, Gulf States Utilities Company, Louisiana Power & Light
Company, Mississippi Power & Light Company, New Orleans Public Service
Inc. and System Energy Resources, Inc. Form 10-K for the year ended
December 31, 1994 is made to include financial data schedules which
were inadvertently excluded from the original filing.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this
amendment to be signed on its behalf by the undersigned, thereunto
duly authorized. The signature of the undersigned company shall be
deemed to relate only to matters having reference to such company and
any subsidiaries thereof.
ENTERGY CORPORATION
ARKANSAS POWER & LIGHT COMPANY
GULF STATES UTILITIES COMPANY
LOUISIANA POWER & LIGHT COMPANY
MISSISSIPPI POWER & LIGHT COMPANY
NEW ORLEANS PUBLIC SERVICE INC.
SYSTEM ENERGY RESOURCES, INC.
By /s/ Lee W. Randall
Lee W. Randall, Vice President
and Chief Accounting Officer
Date: APRIL 21, 1995
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from Entergy's
financial statements for the year ended December 31, 1994 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000065984
<NAME> ENTERGY CORPORATION
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 15,917,018
<OTHER-PROPERTY-AND-INVEST> 448,140
<TOTAL-CURRENT-ASSETS> 2,212,432
<TOTAL-DEFERRED-CHARGES> 4,035,901
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 22,613,491
<COMMON> 2,300
<CAPITAL-SURPLUS-PAID-IN> 4,202,134
<RETAINED-EARNINGS> 2,223,739
<TOTAL-COMMON-STOCKHOLDERS-EQ> 6,350,795
299,946
550,955
<LONG-TERM-DEBT-NET> 7,093,473
<SHORT-TERM-NOTES> 171,867
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 349,085
0
<CAPITAL-LEASE-OBLIGATIONS> 273,947
<LEASES-CURRENT> 151,904
<OTHER-ITEMS-CAPITAL-AND-LIAB> 7,294,141
<TOT-CAPITALIZATION-AND-LIAB> 22,613,491
<GROSS-OPERATING-REVENUE> 5,963,290
<INCOME-TAX-EXPENSE> 131,965
<OTHER-OPERATING-EXPENSES> 4,762,584
<TOTAL-OPERATING-EXPENSES> 4,894,549
<OPERATING-INCOME-LOSS> 1,068,741
<OTHER-INCOME-NET> 32,775
<INCOME-BEFORE-INTEREST-EXPEN> 1,101,516
<TOTAL-INTEREST-EXPENSE> 759,675
<NET-INCOME> 341,841
0
<EARNINGS-AVAILABLE-FOR-COMM> 341,841
<COMMON-STOCK-DIVIDENDS> 410,223
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 1,537,767
<EPS-PRIMARY> 1.49
<EPS-DILUTED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from AP&L's
financial statements for the year ended December 31, 1994 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000007323
<NAME> ARKANSAS POWER & LIGHT COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 2,870,345
<OTHER-PROPERTY-AND-INVEST> 142,979
<TOTAL-CURRENT-ASSETS> 518,445
<TOTAL-DEFERRED-CHARGES> 760,446
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 4,292,215
<COMMON> 470
<CAPITAL-SURPLUS-PAID-IN> 590,844
<RETAINED-EARNINGS> 491,799
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,083,113
58,527
176,350
<LONG-TERM-DEBT-NET> 1,293,879
<SHORT-TERM-NOTES> 34,667
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 28,175
0
<CAPITAL-LEASE-OBLIGATIONS> 94,534
<LEASES-CURRENT> 56,154
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,466,816
<TOT-CAPITALIZATION-AND-LIAB> 4,292,215
<GROSS-OPERATING-REVENUE> 1,590,742
<INCOME-TAX-EXPENSE> 9,938
<OTHER-OPERATING-EXPENSES> 1,364,171
<TOTAL-OPERATING-EXPENSES> 1,374,109
<OPERATING-INCOME-LOSS> 216,633
<OTHER-INCOME-NET> 32,768
<INCOME-BEFORE-INTEREST-EXPEN> 249,401
<TOTAL-INTEREST-EXPENSE> 107,138
<NET-INCOME> 142,263
19,275
<EARNINGS-AVAILABLE-FOR-COMM> 122,988
<COMMON-STOCK-DIVIDENDS> 80,000
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 355,577
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from GSU's
financial statements for the year ended December 31, 1994 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000044570
<NAME> GULF STATES UTILITIES COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 4,718,844
<OTHER-PROPERTY-AND-INVEST> 50,624
<TOTAL-CURRENT-ASSETS> 631,138
<TOTAL-DEFERRED-CHARGES> 1,442,855
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 6,843,461
<COMMON> 114,055
<CAPITAL-SURPLUS-PAID-IN> 1,152,336
<RETAINED-EARNINGS> 264,626
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,531,017
94,934
136,444
<LONG-TERM-DEBT-NET> 2,318,417
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 50,425
0
<CAPITAL-LEASE-OBLIGATIONS> 125,691
<LEASES-CURRENT> 37,265
<OTHER-ITEMS-CAPITAL-AND-LIAB> 2,399,268
<TOT-CAPITALIZATION-AND-LIAB> 6,843,461
<GROSS-OPERATING-REVENUE> 1,797,365
<INCOME-TAX-EXPENSE> (6,448)
<OTHER-OPERATING-EXPENSES> 1,590,162
<TOTAL-OPERATING-EXPENSES> 1,583,714
<OPERATING-INCOME-LOSS> 213,651
<OTHER-INCOME-NET> (93,347)
<INCOME-BEFORE-INTEREST-EXPEN> 120,304
<TOTAL-INTEREST-EXPENSE> 203,059
<NET-INCOME> (82,755)
29,919
<EARNINGS-AVAILABLE-FOR-COMM> (112,674)
<COMMON-STOCK-DIVIDENDS> 289,100
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 326,359
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from LP&L's
financial statements for the year ended December 31, 1994 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000060527
<NAME> LOUISIANA POWER & LIGHT COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 3,552,533
<OTHER-PROPERTY-AND-INVEST> 62,444
<TOTAL-CURRENT-ASSETS> 322,465
<TOTAL-DEFERRED-CHARGES> 497,997
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 4,435,439
<COMMON> 1,088,900
<CAPITAL-SURPLUS-PAID-IN> (5,367)
<RETAINED-EARNINGS> 113,420
<TOTAL-COMMON-STOCKHOLDERS-EQ> 1,196,953
111,265
160,500
<LONG-TERM-DEBT-NET> 1,403,055
<SHORT-TERM-NOTES> 27,154
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 75,320
0
<CAPITAL-LEASE-OBLIGATIONS> 16,238
<LEASES-CURRENT> 28,000
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,416,954
<TOT-CAPITALIZATION-AND-LIAB> 4,435,439
<GROSS-OPERATING-REVENUE> 1,708,541
<INCOME-TAX-EXPENSE> 63,751
<OTHER-OPERATING-EXPENSES> 1,301,670
<TOTAL-OPERATING-EXPENSES> 1,365,421
<OPERATING-INCOME-LOSS> 343,120
<OTHER-INCOME-NET> 4,696
<INCOME-BEFORE-INTEREST-EXPEN> 347,816
<TOTAL-INTEREST-EXPENSE> 133,977
<NET-INCOME> 213,839
22,359
<EARNINGS-AVAILABLE-FOR-COMM> 190,520
<COMMON-STOCK-DIVIDENDS> 167,100
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 367,621
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from MP&L's
financial statements for the year ended December 31, 1994 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000066901
<NAME> MISSISSIPPI POWER & LIGHT COMPANY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 959,927
<OTHER-PROPERTY-AND-INVEST> 11,155
<TOTAL-CURRENT-ASSETS> 230,340
<TOTAL-DEFERRED-CHARGES> 428,023
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 1,629,445
<COMMON> 199,326
<CAPITAL-SURPLUS-PAID-IN> (1,762)
<RETAINED-EARNINGS> 232,011
<TOTAL-COMMON-STOCKHOLDERS-EQ> 429,575
31,770
57,881
<LONG-TERM-DEBT-NET> 475,233
<SHORT-TERM-NOTES> 30,000
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 65,965
0
<CAPITAL-LEASE-OBLIGATIONS> 552
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 538,469
<TOT-CAPITALIZATION-AND-LIAB> 1,629,445
<GROSS-OPERATING-REVENUE> 847,888
<INCOME-TAX-EXPENSE> 16,651
<OTHER-OPERATING-EXPENSES> 735,480
<TOTAL-OPERATING-EXPENSES> 752,131
<OPERATING-INCOME-LOSS> 95,757
<OTHER-INCOME-NET> 4,719
<INCOME-BEFORE-INTEREST-EXPEN> 100,476
<TOTAL-INTEREST-EXPENSE> 51,697
<NET-INCOME> 48,779
7,404
<EARNINGS-AVAILABLE-FOR-COMM> 41,155
<COMMON-STOCK-DIVIDENDS> 45,600
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> (119,726)
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from NOPSI's
financial statements for the year ended December 31, 1994 and is qualified in
its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000071508
<NAME> NEW ORLEANS PUBLIC SERVICE INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 277,776
<OTHER-PROPERTY-AND-INVEST> 3,259
<TOTAL-CURRENT-ASSETS> 118,251
<TOTAL-DEFERRED-CHARGES> 193,608
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 592,894
<COMMON> 33,744
<CAPITAL-SURPLUS-PAID-IN> 36,201
<RETAINED-EARNINGS> 78,886
<TOTAL-COMMON-STOCKHOLDERS-EQ> 148,831
3,450
19,780
<LONG-TERM-DEBT-NET> 164,160
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 24,200
0
<CAPITAL-LEASE-OBLIGATIONS> 0
<LEASES-CURRENT> 0
<OTHER-ITEMS-CAPITAL-AND-LIAB> 232,473
<TOT-CAPITALIZATION-AND-LIAB> 592,894
<GROSS-OPERATING-REVENUE> 447,787
<INCOME-TAX-EXPENSE> 3,602
<OTHER-OPERATING-EXPENSES> 414,424
<TOTAL-OPERATING-EXPENSES> 418,026
<OPERATING-INCOME-LOSS> 29,761
<OTHER-INCOME-NET> 1,474
<INCOME-BEFORE-INTEREST-EXPEN> 31,235
<TOTAL-INTEREST-EXPENSE> 18,024
<NET-INCOME> 13,211
1,536
<EARNINGS-AVAILABLE-FOR-COMM> 11,630
<COMMON-STOCK-DIVIDENDS> 33,300
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 38,556
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> UT
<LEGEND>
This schedule contains summary financial information extracted from System
Energy's financial statements for the year ended December 31, 1994 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000202584
<NAME> SYSTEM ENERGY RESOURCES INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<BOOK-VALUE> PER-BOOK
<TOTAL-NET-UTILITY-PLANT> 2,746,640
<OTHER-PROPERTY-AND-INVEST> 30,359
<TOTAL-CURRENT-ASSETS> 177,985
<TOTAL-DEFERRED-CHARGES> 658,375
<OTHER-ASSETS> 0
<TOTAL-ASSETS> 3,613,359
<COMMON> 789,350
<CAPITAL-SURPLUS-PAID-IN> 7
<RETAINED-EARNINGS> 85,681
<TOTAL-COMMON-STOCKHOLDERS-EQ> 875,038
0
0
<LONG-TERM-DEBT-NET> 1,438,305
<SHORT-TERM-NOTES> 0
<LONG-TERM-NOTES-PAYABLE> 0
<COMMERCIAL-PAPER-OBLIGATIONS> 0
<LONG-TERM-DEBT-CURRENT-PORT> 105,000
0
<CAPITAL-LEASE-OBLIGATIONS> 18,688
<LEASES-CURRENT> 28,000
<OTHER-ITEMS-CAPITAL-AND-LIAB> 1,148,328
<TOT-CAPITALIZATION-AND-LIAB> 3,613,359
<GROSS-OPERATING-REVENUE> 474,963
<INCOME-TAX-EXPENSE> 38,087
<OTHER-OPERATING-EXPENSES> 265,109
<TOTAL-OPERATING-EXPENSES> 303,196
<OPERATING-INCOME-LOSS> 171,767
<OTHER-INCOME-NET> 8,742
<INCOME-BEFORE-INTEREST-EXPEN> 180,509
<TOTAL-INTEREST-EXPENSE> 175,102
<NET-INCOME> 5,407
0
<EARNINGS-AVAILABLE-FOR-COMM> 5,407
<COMMON-STOCK-DIVIDENDS> 0
<TOTAL-INTEREST-ON-BONDS> 0
<CASH-FLOW-OPERATIONS> 336,987
<EPS-PRIMARY> 0
<EPS-DILUTED> 0
</TABLE>
