Evergy, Inc. (EVRG) financial statements (2021 and earlier)
Company profile
| Business Address |
1200 MAIN STREET KANSAS CITY, MO 64105 |
| State of Incorp. | MO |
| Fiscal Year End | December 31 |
| SIC | 4931 - Electric and Other Services Combined (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 145 | 23 | 160 | ||
| Cash and cash equivalents | 145 | 23 | 160 | ||
| Receivables | 337 | 229 | 194 | ||
| Inventory, net of allowances, customer advances and progress billings | 505 | 482 | 511 | ||
| Inventory | 505 | 482 | 511 | ||
| Regulatory current assets | 206 | 232 | 304 | ||
| Other undisclosed current assets | 432 | 503 | 512 | ||
| Total current assets: | 1,624 | 1,468 | 1,681 | ||
| Noncurrent Assets | |||||
| Property, plant and equipment | 19,951 | ||||
| Intangible assets, net (including goodwill) | 2,337 | 2,339 | |||
| Goodwill | 2,337 | 2,339 | |||
| Regulated entity, other noncurrent assets | 5,385 | 2,314 | 2,230 | ||
| Other noncurrent assets | 512 | 397 | |||
| Other undisclosed noncurrent assets | 155 | ||||
| Total noncurrent assets: | 25,491 | 5,162 | 4,965 | ||
| Other undisclosed assets | 19,346 | 18,952 | |||
| TOTAL ASSETS: | 27,115 | 25,976 | 25,598 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 977 | 796 | 696 | ||
| Accounts payable | 654 | 529 | 452 | ||
| Employee-related liabilities | 56 | ||||
| Taxes payable | 144 | 145 | 134 | ||
| Interest and dividends payable | 123 | 122 | 111 | ||
| Debt | 757 | 834 | 1,448 | ||
| Regulatory liability | 26 | 63 | 110 | ||
| Asset retirement obligation | 40 | 71 | 50 | ||
| Other liabilities | 183 | 221 | 172 | ||
| Other undisclosed current liabilities | 373 | 351 | 391 | ||
| Total current liabilities: | 2,356 | 2,336 | 2,867 | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 9,191 | 8,747 | 6,681 | ||
| Long-term debt, excluding current maturities | 9,191 | 8,747 | 6,636 | ||
| Capital lease obligations | ✕ | ✕ | 45 | ||
| Liabilities, other than long-term debt | 6,850 | 6,329 | 6,053 | ||
| Accumulated deferred investment tax credit | 187 | 375 | 373 | ||
| Asset retirement obligations | 902 | 603 | 637 | ||
| Deferred tax liabilities, net | ✕ | ✕ | 1,599 | ||
| Deferred income tax liabilities | 1,665 | 1,744 | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 1,149 | 1,018 | 988 | ||
| Regulatory liability | 2,639 | 2,248 | 2,219 | ||
| Other liabilities | 308 | 341 | 237 | ||
| Other undisclosed noncurrent liabilities | 19 | 6 | |||
| Total noncurrent liabilities: | 16,041 | 15,095 | 12,740 | ||
| Total liabilities: | 18,396 | 17,431 | 15,607 | ||
| Stockholders' equity | |||||
| Stockholders' equity attributable to parent | 8,733 | 8,572 | 10,028 | ||
| Common stock | 7,080 | 7,070 | 8,685 | ||
| Accumulated other comprehensive loss | (49) | (50) | (3) | ||
| Retained earnings | 1,703 | 1,552 | 1,346 | ||
| Stockholders' equity attributable to noncontrolling interest | (15) | (27) | (38) | ||
| Total stockholders' equity: | 8,719 | 8,545 | 9,991 | ||
| TOTAL LIABILITIES AND EQUITY: | 27,115 | 25,976 | 25,598 | ||
Income statement (P&L) ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Revenues | 4,913 | 5,148 | 4,276 | |
| Cost of revenue | (2,525) | (2,735) | (2,454) | |
| Gross profit: | 2,388 | 2,413 | 1,822 | |
| Operating expenses | (1,244) | (1,227) | (888) | |
| Operating income: | 1,144 | 1,186 | 934 | |
| Nonoperating expense | (36) | (39) | (54) | |
| Investment income, nonoperating | 11 | 11 | 9 | |
| Other nonoperating expense | (47) | (50) | (63) | |
| Interest and debt expense | (384) | (374) | (280) | |
| Income from continuing operations before equity method investments, income taxes: | 724 | 773 | 600 | |
| Income from equity method investments | 8 | 10 | 5 | |
| Income from continuing operations before income taxes: | 732 | 783 | 605 | |
| Income tax expense | (102) | (97) | (59) | |
| Net income: | 630 | 686 | 546 | |
| Other undisclosed net loss attributable to parent | (12) | (16) | (10) | |
| Net income available to common stockholders, diluted: | 618 | 670 | 536 | |
Comprehensive Income ($ in millions)
| 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|
| Net income: | 630 | 686 | 546 | |
| Other comprehensive income (loss) | 1 | (47) | (3) | |
| Comprehensive income: | 631 | 639 | 543 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (12) | (16) | (10) | |
| Comprehensive income, net of tax, attributable to parent: | 619 | 623 | 533 | |
Statements sources
The financial statements are based on the company's filings with the 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.