XML 80 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Receivables (Tables)
3 Months Ended
Mar. 31, 2014
Receivables [Abstract]  
Schedule of receivables [Table Text Block]
Great Plains Energy's and KCP&L's receivables are detailed in the following table.
 
March 31
December 31
2013
 
 
2014
 
 
2013
 
Great Plains Energy
 
(millions)
 
Customer accounts receivable - billed
 
$
3.6

 
 
$
1.5

 
Customer accounts receivable - unbilled
 
55.5

 
 
74.6

 
Allowance for doubtful accounts - customer accounts receivable
 
(3.8
)
 
 
(2.5
)
 
Other receivables
 
96.1

 
 
88.6

 
Total
 
$
151.4

 
 
$
162.2

 
KCP&L
 
 

 
 
 

 
Customer accounts receivable - billed
 
$
1.2

 
 
$
1.3

 
Customer accounts receivable - unbilled
 
39.4

 
 
51.2

 
Allowance for doubtful accounts - customer accounts receivable
 
(1.7
)
 
 
(1.1
)
 
Other receivables
 
88.4

 
 
77.8

 
Total
 
$
127.3

 
 
$
129.2

 
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 March 31, 2014
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
(millions)
Receivables (sold) purchased
 
$
(353.1
)
 
 
 
$
353.1

 
 
 
$

 
 
 
$
(193.8
)
 
 
 
$
193.8

 
 
 
$

 
Gain (loss) on sale of accounts receivable (a)
 
(4.5
)
 
 
 
4.6

 
 
 
0.1

 
 
 
(2.5
)
 
 
 
2.5

 
 
 
0.1

 
Servicing fees received (paid)
 
0.6

 
 
 
(0.6
)
 
 
 

 
 
 
0.3

 
 
 
(0.3
)
 
 
 

 
Fees paid to outside investor
 

 
 
 
(0.3
)
 
 
 
(0.3
)
 
 
 

 
 
 
(0.2
)
 
 
 
(0.5
)
 
Cash from customers (transferred) received
 
(367.6
)
 
 
 
367.6

 
 
 

 
 
 
(200.8
)
 
 
 
200.8

 
 
 

 
Cash received from (paid for) receivables purchased
 
363.0

 
 
 
(363.0
)
 
 
 

 
 
 
198.3

 
 
 
(198.3
)
 
 
 

 
Three Months Ended March 31, 2013
KCP&L
 
KCP&L
Receivables
Company
 
Consolidated
KCP&L
 
GMO
 
GMO
Receivables
Company
 
Consolidated Great Plains Energy
 
(millions)
Receivables (sold) purchased
 
$
(334.7
)
 
 
 
$
334.7

 
 
 
$


 
 
$
(185.4
)
 
 
 
$
185.4

 
 
 
$

 
Gain (loss) on sale of accounts receivable (a)
 
(4.2
)
 
 
 
4.2

 
 
 


 
 
(2.3
)
 
 
 
2.3

 
 
 

 
Servicing fees received (paid)
 
0.6

 
 
 
(0.6
)
 
 
 


 
 
0.3

 
 
 
(0.3
)
 
 
 

 
Fees paid to outside investor
 

 
 
 
(0.3
)
 
 
 
(0.3
)

 
 

 
 
 
(0.2
)
 
 
 
(0.5
)
 
Cash from customers (transferred) received
 
(336.7
)
 
 
 
336.7

 
 
 


 
 
(184.9
)
 
 
 
184.9

 
 
 

 
Cash received from (paid for) receivables purchased
 
332.5

 
 
 
(332.5
)
 
 
 


 
 
182.6

 
 
 
(182.6
)
 
 
 

 
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.