XML 21 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Cleco Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenue    
Electric operations $ 293,928 $ 293,677
Other operations 27,304 19,086
Gross operating revenue 321,232 312,763
Electric customer credits (651) (136)
Operating revenue, net 320,581 312,627
Operating expenses    
Fuel used for electric generation 118,611 100,582
Purchased power 40,438 50,410
Other operations and maintenance 57,518 52,163
Depreciation and amortization 52,789 47,198
Taxes other than income taxes 16,787 13,371
Total operating expenses 286,143 263,724
Operating income 34,438 48,903
Interest income 1,267 743
Allowance for equity funds used during construction 1,231 931
Other income (expense), net 536 (277)
Interest charges    
Interest charges, net 40,005 33,025
Allowance for borrowed funds used during construction (517) (384)
Total interest charges 39,488 32,641
(Loss) income from continuing operations before income taxes (2,016) 17,659
Federal and state income tax benefit (165) (7,533)
(Loss) income from continuing operations, net of income taxes (1,851) 25,192
(Loss) income from discontinued operations, net of income taxes (102,171) 130,552
Net (loss) income $ (104,022) $ 155,744