XML 81 R27.htm IDEA: XBRL DOCUMENT v2.4.0.6
Receivables (Tables)
9 Months Ended
Sep. 30, 2012
Receivables [Abstract]  
Schedule of receivables
Great Plains Energy's and KCP&L's receivables are detailed in the following table.
 
September 30
2012
 
December 31
2011
Great Plains Energy
 
(millions)
 
Customer accounts receivable - billed
 
$
27.7

 
 
 
$
69.8

 
Customer accounts receivable - unbilled
 
77.8

 
 
 
82.4

 
Allowance for doubtful accounts
 
(4.6
)
 
 
 
(2.5
)
 
Other receivables
 
117.7

 
 
 
81.5

 
Total
 
$
218.6

 
 
 
$
231.2

 
KCP&L
 
 

 
 
 
 

 
Customer accounts receivable - billed
 
$
28.9

 
 
 
$
16.4

 
Customer accounts receivable - unbilled
 
50.8

 
 
 
50.0

 
Allowance for doubtful accounts
 
(2.5
)
 
 
 
(1.4
)
 
Intercompany receivables
 
26.9

 
 
 
38.7

 
Other receivables
 
103.0

 
 
 
69.2

 
Total
 
$
207.1

 
 
 
$
172.9

 
Schedule of accounts receivable sold
Information regarding KCP&L's sale of accounts receivable to KCP&L Receivables Company and GMO's sale of accounts receivable to GMO Receivables Company is reflected in the following tables.
 
 
Three Months Ended September 30, 2012
 
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
 
(millions)
Receivables (sold) purchased
 
$
(472.6
)
 
 
 
$
472.6

 
 
 
$

 
 
 
$
(341.7
)
 
 
 
$
341.7

 
 
 
$

 
Gain (loss) on sale of accounts receivable (a)
 
(6.0
)
 
 
 
5.8

 
 
 
(0.2
)
 
 
 
(4.3
)
 
 
 
3.4

 
 
 
(1.1
)
 
Servicing fees received (paid)
 
0.8

 
 
 
(0.8
)
 
 
 

 
 
 
0.5

 
 
 
(0.5
)
 
 
 

 
Fees paid to outside investor
 

 
 
 
(0.3
)
 
 
 
(0.3
)
 
 
 

 
 
 
(0.3
)
 
 
 
(0.6
)
 
Cash from customers (transferred) received
 
(466.1
)
 
 
 
466.1

 
 
 

 
 
 
(267.8
)
 
 
 
267.8

 
 
 

 
Cash received from (paid for) receivables purchased
 
460.4

 
 
 
(460.4
)
 
 
 

 
 
 
264.4

 
 
 
(264.4
)
 
 
 

 
Interest on intercompany note received (paid)
 
0.2

 
 
 
(0.2
)
 
 
 

 
 
 
0.1

 
 
 
(0.1
)
 
 
 

 
 
 
Year to Date September 30, 2012
 
 
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
 
(millions)
 
Receivables (sold) purchased
 
$
(1,134.7
)
 
 
 
$
1,134.7

 
 
 
$

 
 
 
$
(433.4
)
 
 
 
$
433.4

 
 
 
$

 
Gain (loss) on sale of accounts receivable (a)
 
(14.4
)
 
 
 
13.9

 
 
 
(0.5
)
 
 
 
(5.5
)
 
 
 
4.2

 
 
 
(1.8
)
 
Servicing fees received (paid)
 
1.9

 
 
 
(1.9
)
 
 
 

 
 
 
0.6

 
 
 
(0.6
)
 
 
 

 
Fees paid to outside investor
 

 
 
 
(0.9
)
 
 
 
(0.9
)
 
 
 

 
 
 
(0.4
)
 
 
 
(1.3
)
 
Cash from customers (transferred) received
 
(1,112.7
)
 
 
 
1,112.7

 
 
 

 
 
 
(332.5
)
 
 
 
332.5

 
 
 

 
Cash received from (paid for) receivables purchased
 
1,098.8

 
 
 
(1,098.8
)
 
 
 

 
 
 
328.3

 
 
 
(328.3
)
 
 
 

 
Interest on intercompany note received (paid)
 
0.3

 
 
 
(0.3
)
 
 
 

 
 
 
0.1

 
 
 
(0.1
)
 
 
 

 
 
 
Three Months Ended September 30, 2011
 
 
 
Year to Date September 30, 2011
 
 
KCP&L
 
KCP&L Receivables
Company
 
Consolidated
KCP&L
 
KCP&L
 
KCP&L Receivables
Company
 
Consolidated
KCP&L
 
 
(millions)
 
Receivables (sold) purchased
 
$
(468.8
)
 
 
 
$
468.8

 
 
 
$

 
 
 
$
(1,108.4
)
 
 
 
$
1,108.4

 
 
 
$

 
Gain (loss) on sale of accounts receivable (a)
 
(5.9
)
 
 
 
5.8

 
 
 
(0.1
)
 
 
 
(14.0
)
 
 
 
13.6

 
 
 
(0.4
)
 
Servicing fees received (paid)
 
0.9

 
 
 
(0.9
)
 
 
 

 
 
 
2.0

 
 
 
(2.0
)
 
 
 

 
Fees paid to outside investor
 

 
 
 
(0.3
)
 
 
 
(0.3
)
 
 
 

 
 
 
(0.9
)
 
 
 
(0.9
)
 
Cash from customers (transferred) received
 
(463.4
)
 
 
 
463.4

 
 
 

 
 
 
(1,081.6
)
 
 
 
1,081.6

 
 
 

 
Cash received from (paid for) receivables purchased
 
457.6

 
 
 
(457.6
)
 
 
 

 
 
 
1,068.0

 
 
 
(1,068.0
)
 
 
 

 
Interest on intercompany note received (paid)
 
0.2

 
 
 
(0.2
)
 
 
 

 
 
 
0.4

 
 
 
(0.4
)
 
 
 

 
(a) Any net gain (loss) is the result of the timing difference inherent in collecting receivables and over the life of the agreement will net to zero.