Related Party Transactions and Relationships

12 Months Ended

Dec. 31, 2015

17. RELATED PARTY TRANSACTIONS AND RELATIONSHIPS

KCP&L employees manage GMO's business and operate its facilities at cost, including GMO's 18% ownership interest in KCP&L's Iatan Nos. 1 and 2. The operating expenses and capital costs billed from KCP&L to GMO were $183.6 million for 2015, $173.9 million for 2014 and $223.6 million for 2013. Additionally, KCP&L and GMO engage in wholesale electricity transactions with each other. KCP&L's net wholesale sales to GMO were $0.2 million, $12.7 million and $25.6 million in 2015, 2014 and 2013, respectively.

KCP&L and GMO are also authorized to participate in the Great Plains Energy money pool, an internal financing arrangement in which funds may be lent on a short-term basis to KCP&L and GMO from Great Plains Energy and between KCP&L and GMO. At December 31, 2014, KCP&L had a money pool payable to GMO of $12.6 million.

The following table summarizes KCP&L's related party net receivables.



	December 31
		2015		2014
		(millions)
Net receivable from GMO		$	50.0	$	38.2
Net receivable from Great Plains Energy		15.8		18.0

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

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