IPALCO ENTERPRISES, INC. Financial Statements (2024 and earlier)

Company Profile

Business Address ONE MONUMENT CIRCLE
INDIANAPOLIS, IN 46204
State of Incorp. IN
Fiscal Year End December 31
Industry (SIC) 4911 - Electric Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments202721483331
Cash and cash equivalents202721483331
Receivables235195190185168158
Inventory, net of allowances, customer advances and progress billings124102968410032
Inventory124102968410032
Prepaid expense      2
Derivative instruments and hedges, assets      
Regulatory asset1206445372835
Other current assets2740181729 
Other undisclosed current assets  060096
Total current assets:707407375372359354
Noncurrent Assets
Property, plant and equipment4,0333,958    
Long-term investments and receivables      5
Long-term investments      5
Intangible assets, net (including goodwill)   596541 
Intangible assets, net (excluding goodwill)   596541 
Regulated entity, other noncurrent assets   393356395379
Other noncurrent assets84987447221123
Other undisclosed noncurrent assets      3,980
Total noncurrent assets:4,8824,8324994434474,387
Other undisclosed assets   4,0964,1154,057 
TOTAL ASSETS:5,5895,2404,9704,9294,8624,741
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities246236185186191206
Interest and dividends payable✕✕3132353534
Taxes payable✕✕2627222118
Accounts payable190180127129135125
Accrued liabilities56    28
Debt 61170559 148
Regulatory liability2343053513
Other liabilities      10
Customer advances and deposits✕✕✕✕✕✕31
Other undisclosed current liabilities5447478460 
Total current liabilities:323349433882303398
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,0172,6722,5562,0922,649 
Long-term debt, excluding current maturities3,0002,6522,5562,0922,649 
Finance lease, liability1619  ✕✕
Other undisclosed long-term debt and lease obligation(0)0    
Liabilities, other than long-term debt1,1591,0741,1171,3431,2731,233
Deferred revenue and credits✕✕✕✕✕✕1
Accounts payable and accrued liabilities      5
Asset retirement obligations21919019520412980
Deferred tax liabilities, net✕✕✕✕273253245
Deferred income tax liabilities313   ✕✕
Liability, pension and other postretirement and postemployment benefits345191950
Regulatory liability613827839846870852
Other liabilities12514011
Derivative instruments and hedges, liabilities  4963   
Other undisclosed noncurrent liabilities  29128355 
Total noncurrent liabilities:4,1754,0373,9563,4403,9261,233
Other undisclosed liabilities      2,537
Total liabilities:4,4994,3854,3894,3224,2294,168
Equity
Equity, attributable to parent, including:1,091854581606633572
Additional paid in capital1,068849589591598597
Accumulated other comprehensive income (loss)22(29)(43)(20)  
Retained earnings (accumulated deficit)(0)(25)(25)(25)(25)(25)
Other undisclosed equity, attributable to parent  60606060 
Equity, attributable to noncontrolling interest      
Other undisclosed equity  (60)(60)(60)(60) 
Total equity:1,091795521546573572
Other undisclosed liabilities and equity  60606060 
TOTAL LIABILITIES AND EQUITY:5,5895,2404,9704,9294,8624,741

Income Statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues1,7921,4261,3531,4821,4511,350
Revenue, net✕✕✕✕✕✕1,350
Cost of revenue
(Cost of Goods and Services Sold)		(2)(1)(247)(6)(332) 
Other undisclosed gross profit     (165) 
Gross profit:1,7901,4251,1061,4759541,350
Operating expenses(1,559)(1,175)(1,090)(1,185)(718)(45)
Other undisclosed operating income (loss)212476 (1,128)
Operating income:233251263297236177
Nonoperating income (expense)(115)(103)(124)(129)(89)33
Public utilities, allowance for funds used during construction, capitalized cost of equity5553826
Other nonoperating income (expense)12183(11)(2)(0)
Interest and debt expense(0)(126)(2)(122)(96)(119)
Income (loss) from continuing operations before equity method investments, income taxes:11822136465291
Other undisclosed income from continuing operations before income taxes0126212296 
Income from continuing operations before income taxes:11814813916814791
Income tax expense(22)(29)(29)(36)(13) 
Income from continuing operations:9711911013213491
Income before gain (loss) on sale of properties:✕✕11911013213491
Net income:9711911013213491
Other undisclosed net income attributable to parent      18
Net income attributable to parent:97119110132134109
Preferred stock dividends and other adjustments (4)(3)(3)(3)(3)(3)
Other undisclosed net income available to common stockholders, basic      
Net income available to common stockholders, diluted:93116107129131106

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:9711911013213491
Other comprehensive income (loss)5214(24)4(6)(5)
Other undisclosed comprehensive income (loss)(4)(3)(3)(27)  
Comprehensive income:1451308310912886
Comprehensive loss, net of tax, attributable to noncontrolling interest(97)  (109)  
Comprehensive income, net of tax, attributable to parent:4813083 12886

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: