RECEIVABLES

3 Months Ended

Mar. 31, 2020

The Evergy Companies' receivables are detailed in the following table.



	March 31 2020			December 31 2019
Evergy	(millions)
Customer accounts receivable - billed	$	3.9		$	7.2
Customer accounts receivable - unbilled	63.6			104.0
Other receivables	133.2			127.8
Allowance for credit losses	(11.5		)	(10.5		)
Total	$	189.2		$	228.5
Evergy Kansas Central
Customer accounts receivable - billed	$	—		$	—
Customer accounts receivable - unbilled	26.1			49.7
Other receivables	120.4			94.5
Allowance for credit losses	(4.1		)	(3.8		)
Total	$	142.4		$	140.4
Evergy Metro
Customer accounts receivable - billed	$	3.3		$	3.1
Customer accounts receivable - unbilled	16.9			26.5
Other receivables	18.4			23.1
Allowance for credit losses	(5.2		)	(4.6		)
Total	$	33.4		$	48.1

Evergy's, Evergy Kansas Central's and Evergy Metro's other receivables at March 31, 2020 and December 31, 2019, consisted primarily of receivables from partners in jointly-owned electric utility plants, wholesale sales receivables and receivables related to alternative revenue programs. The Evergy Companies' other receivables also included receivables from contracts with customers as summarized in the following table.



	March 31 2020		December 31 2019
	(millions)
Evergy	$	45.8	$	42.0
Evergy Kansas Central	43.9		37.7
Evergy Metro	1.3		1.2

Allowance for Credit Losses

Historical loss information generally provides the basis for the Evergy Companies' assessment of expected credit losses. The Evergy Companies use an aging of accounts receivable method to assess historical loss information. When historical experience may not fully reflect the Evergy Companies' expectations about the future, the Evergy Companies will adjust historical loss information, as necessary, to reflect the current conditions and reasonable and supportable forecasts not already reflected in the historical loss information. The Evergy Companies have made an insignificant adjustment to their allowance for credit losses as of March 31, 2020 to reflect their belief that historical loss information does not reflect current conditions that have resulted from the economic slowdown resulting from the Coronavirus (COVID-19) pandemic.

Receivables are charged off when they are deemed uncollectible, which is based on a number of factors including specific facts surrounding an account and management's judgment.

The change in the Evergy Companies' allowance for credit losses is summarized in the following table.



Three Months Ended March 31	2020			2019
Evergy	(millions)
Beginning balance	$	10.5		$	9.2
Credit loss expense	2.7			3.8
Write-offs	(5.0		)	(6.5		)
Recoveries of prior write-offs	3.3			3.3
Ending balance	$	11.5		$	9.8
Evergy Kansas Central
Beginning balance	$	3.8		$	3.9
Credit loss expense	0.8			(0.5		)
Write-offs	(1.2		)	(0.2		)
Recoveries of prior write-offs	0.7			1.0
Ending balance	$	4.1		$	4.2
Evergy Metro
Beginning balance	$	4.6		$	3.8
Credit loss expense	1.4			2.8
Write-offs	(2.6		)	(4.2		)
Recoveries of prior write-offs	1.8			1.6
Ending balance	$	5.2		$	4.0

Sale of Accounts Receivable

Evergy Kansas Central, Evergy Metro and Evergy Missouri West sell an undivided percentage ownership interest in their retail electric accounts receivable to independent outside investors. These sales are accounted for as secured

borrowings with accounts receivable pledged as collateral and a corresponding short-term collateralized note payable recognized on the balance sheets. The Evergy Companies' accounts receivable pledged as collateral and the corresponding short-term collateralized note payable are summarized in the following table.



	March 31 2020		December 31 2019
	(millions)
Evergy	$	322.0	$	339.0
Evergy Kansas Central	159.0		171.0
Evergy Metro	113.0		118.0

Each receivable sale facility expires in September 2020. Evergy Kansas Central's facility allows for $185.0 million in aggregate outstanding principal amount of borrowings from mid-October through mid-June and then $200.0 million from mid-June through the expiration date of the facility. Evergy Metro's facility allows for $130.0 million in aggregate outstanding principal amount of borrowings at any time. Evergy Missouri West's facility allows for $50.0 million in aggregate outstanding principal amount of borrowings from mid-November through mid-June and then $65.0 million from mid-June through the expiration date of the facility.