XML 79 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Receivables (Tables)
 6 Months Ended
Jun. 30, 2013
Receivables [Abstract]  
Schedule of receivables [Table Text Block]
Great Plains Energy's and KCP&L's receivables are detailed in the following table.
 
June 30
 
December 31
 
 
2013
 
 
 
2012
 
Great Plains Energy
 
(millions)
 
Customer accounts receivable - unbilled
 
$
108.5

 
 
 
$
58.3

 
Allowance for doubtful accounts - customer accounts receivable
 
(5.0
)
 
 
 
(2.6
)
 
Other receivables
 
77.3

 
 
 
98.8

 
Total
 
$
180.8

 
 
 
$
154.5

 
KCP&L
 
 

 
 
 
 

 
Customer accounts receivable - unbilled
 
$
72.9

 
 
 
$
42.9

 
Allowance for doubtful accounts - customer accounts receivable
 
(2.9
)
 
 
 
(1.5
)
 
Intercompany receivables
 
75.5

 
 
 
40.0

 
Other receivables
 
62.9

 
 
 
81.8

 
Total
 
$
208.4

 
 
 
$
163.2

 
Schedule of accounts receivable sold [Table Text Block]
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 June 30, 2013
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
(millions)
Receivables (sold) purchased
 
$
(373.3
)
 
 
 
$
373.3

 
 
 
$
—

 
 
 
$
(202.7
)
 
 
 
$
202.7

 
 
 
$
—

 
Gain (loss) on sale of accounts receivable (a)
 
(4.8
)
 
 
 
4.4

 
 
 
(0.4
)
 
 
 
(2.6
)
 
 
 
2.4

 
 
 
(0.6
)
 
Servicing fees received (paid)
 
0.6

 
 
 
(0.6
)
 
 
 
—

 
 
 
0.3

 
 
 
(0.3
)
 
 
 
—

 
Fees paid to outside investor
 
—

 
 
 
(0.3
)
 
 
 
(0.3
)
 
 
 
—

 
 
 
—

 
 
 
(0.3
)
 
Cash from customers (transferred) received
 
(345.6
)
 
 
 
345.6

 
 
 
—

 
 
 
(184.6
)
 
 
 
184.6

 
 
 
—

 
Cash received from (paid for) receivables purchased
 
341.3

 
 
 
(341.3
)
 
 
 
—

 
 
 
182.3

 
 
 
(182.3
)
 
 
 
—

 
Year to Date June 30, 2013
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
(millions)
Receivables (sold) purchased
 
$
(708.0
)
 
 
 
$
708.0

 
 
 
$
—

 
 
 
$
(388.1
)
 
 
 
$
388.1

 
 
 
$
—

 
Gain (loss) on sale of accounts receivable (a)
 
(9.0
)
 
 
 
8.6

 
 
 
(0.4
)
 
 
 
(4.9
)
 
 
 
4.7

 
 
 
(0.6
)
 
Servicing fees received (paid)
 
1.2

 
 
 
(1.2
)
 
 
 
—

 
 
 
0.6

 
 
 
(0.6
)
 
 
 
—

 
Fees paid to outside investor
 
—

 
 
 
(0.6
)
 
 
 
(0.6
)
 
 
 
—

 
 
 
(0.3
)
 
 
 
(0.9
)
 
Cash from customers (transferred) received
 
(682.3
)
 
 
 
682.3

 
 
 
—

 
 
 
(369.5
)
 
 
 
369.5

 
 
 
—

 
Cash received from (paid for) receivables purchased
 
673.8

 
 
 
(673.8
)
 
 
 
—

 
 
 
364.9

 
 
 
(364.9
)
 
 
 
—

 
Interest on intercompany note received (paid)
 
0.1

 
 
 
(0.1
)
 
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

 
Three Months Ended June 30, 2012
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
(millions)
Receivables (sold) purchased
 
$
(368.6
)
 
 
 
$
368.6

 
 
 
$
—

 
 
 
$
(91.7
)
 
 
 
$
91.7

 
 
 
$
—

 
Gain (loss) on sale of accounts receivable (a)
 
(4.7
)
 
 
 
4.0

 
 
 
(0.7
)
 
 
 
(1.2
)
 
 
 
0.8

 
 
 
(1.1
)
 
Servicing fees received (paid)
 
0.6

 
 
 
(0.6
)
 
 
 
—

 
 
 
0.1

 
 
 
(0.1
)
 
 
 
—

 
Fees paid to outside investor
 
—

 
 
 
(0.3
)
 
 
 
(0.3
)
 
 
 
—

 
 
 
(0.1
)
 
 
 
(0.4
)
 
Cash from customers (transferred) received
 
(319.4
)
 
 
 
319.4

 
 
 
—

 
 
 
(64.7
)
 
 
 
64.7

 
 
 
—

 
Cash received from (paid for) receivables purchased
 
315.3

 
 
 
(315.3
)
 
 
 
—

 
 
 
63.9

 
 
 
(63.9
)
 
 
 
—

 
Year to Date June 30, 2012
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
(millions)
Receivables (sold) purchased
 
$
(662.1
)
 
 
 
$
662.1

 
 
 
$
—

 
 
 
$
(91.7
)
 
 
 
$
91.7

 
 
 
$
—

 
Gain (loss) on sale of accounts receivable (a)
 
(8.4
)
 
 
 
8.1

 
 
 
(0.3
)
 
 
 
(1.2
)
 
 
 
0.8

 
 
 
(0.7
)
 
Servicing fees received (paid)
 
1.1

 
 
 
(1.1
)
 
 
 
—

 
 
 
0.1

 
 
 
(0.1
)
 
 
 
—

 
Fees paid to outside investor
 
—

 
 
 
(0.6
)
 
 
 
(0.6
)
 
 
 
—

 
 
 
(0.1
)
 
 
 
(0.7
)
 
Cash from customers (transferred) received
 
(646.6
)
 
 
 
646.6

 
 
 
—

 
 
 
(64.7
)
 
 
 
64.7

 
 
 
—

 
Cash received from (paid for) receivables purchased
 
638.4

 
 
 
(638.4
)
 
 
 
—

 
 
 
63.9

 
 
 
(63.9
)
 
 
 
—

 
Interest on intercompany note received (paid)
 
0.1

 
 
 
(0.1
)
 
 
 
—

 
 
 
—

 
 
 
—

 
 
 
—

 
(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.