U-13-60 1 a11105.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM U-13-60

ANNUAL REPORT

FOR THE PERIOD

Beginning January 1, 2004 and Ending December 31, 2004

TO THE

U.S. SECURITIES AND EXCHANGE COMMISSION

OF

 

ENTERGY ENTERPRISES, INC.
___________________________________________________________________
(Exact Name of Reporting Company)
 

       

A                      Subsidiary                 Service Company
         ("Mutual " or "Subsidiary")

Date of Incorporation December 30, 1983      If not Incorporated, Date of Organization ________________

State or Sovereign Power under which Incorporated or Organized Louisiana

Location of Principal Executive Offices of Reporting Company 639 Loyola Avenue, New Orleans, Louisiana  70113

Name, title and address of officer to whom correspondence concerning this report should be addressed:

Stephen A. Lorio.                              Vice President                   P.O. Box 61000, New Orleans, La. 70116
                     (Name)                                                      (Title)                                                               (Address)

Name of Principal Holding Company Whose Subsidiaries are served by Reporting Company:

Entergy Corporation

 

 INSTRUCTIONS FOR USE OF FORM U-13-60
       
1. Time of Filing.
  Rule 94 provides that on or before the first day of May in each calendar year, each mutual service company and each subsidiary service company as to which the Commission shall have made a favorable finding pursuant to Rule 88, and every service company whose application for approval or declaration pursuant to Rule 88 is pending shall file with the Commission an annual report on Form U-13-60 and in accordance with the Instructions for that form.    
       
2. Number of Copies. 
  Each annual report shall be filed in duplicate. The company should prepare and retain at least one extra copy for itself in case correspondence with reference to the report become necessary.    
       
3. Period Covered by Report. 
  The first report filed by any company shall cover the period from the date the Uniform System of Accounts was required to be made effective as to that company under Rules 82 and 93 to the end of that calendar year. Subsequent reports should cover a calendar year.    
       
4. Report Format. 
  Reports shall be submitted on the forms prepared by the Commission. If the space provided on any sheet of such form is inadequate, additional sheets may be inserted of the same size as a sheet of the form or folded to each size.    
       
5. Money Amounts Displayed. 
  All money amounts required to be shown in financial statements may be expressed in whole dollars, in thousands of dollars or in hundred thousands of dollars, as appropriate and subject to provisions of Regulation S-X (SS210.3-01(b)).    
       
6. Deficits Displayed. 
  Deficits and other like entries shall be indicated by the use of either brackets or a parenthesis with corresponding reference in footnotes. (Regulation S-X, Section 210.3-01(c))    
       
7. Major Amendments or Corrections. 
  Any company desiring to amend or correct a major omission or error in a report after it has been filed with the Commission shall submit an amended report including only those pages, schedules, and entries that are to be amended or corrected. A cover letter shall be submitted requesting the Commission to incorporate the amended report changes and shall be signed by a duly authorized officer of the company.    
       
8. Definitions. 
  Definitions contained in Instruction 01-8 to the Uniform System of Accounts for Mutual Service Companies and Subsidiary Service Companies, Public Utility Holding Company Act of 1935, as amended February 2, 1979 shall be applicable to words or terms used specifically within this Form U-13-60.    
       
9. Organization Chart. 
  The service company shall submit with each annual report a copy of its current organization chart.    
       
10. Methods of Allocation. 
  The service company shall submit with each annual report a listing of the currently effective methods of allocation being used by the service company and on file with the Securities and Exchange Commission pursuant to the Public Utility Holding Company Act of 1935.    
       
11. Annual Statement of Compensation for Use of Capital Billed. 
  The service company shall submit with each annual report a copy of the annual statement supplied to each associate company in support of the amount of compensation for use of capital billed during the calendar year.    
 
 
 
 2 of 27 pages
       

 

LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS
           
           
         
Description of Schedules and Accounts Schedule or
Account Number
Page
Number
           
Comparative Balance Sheet       Schedule I 4-5
Service Company Property       Schedule II 6
Accumulated Provision for Depreciation and Amortization of Service Company Property       Schedule III 7
Investments       Schedule IV 8
Accounts Receivable from Associate Companies       Schedule V 8
Fuel Stock Expenses Undistributed       Schedule VI 9
Stores Expense Undistributed       Schedule VII 9
Miscellaneous Current and Accrued Assets       Schedule VIII 10
Miscellaneous Deferred Debits       Schedule IX 10
Research, Development, or Demonstration Expenditures       Schedule X 10
Proprietary Capital       Schedule XI 11
Long-Term Debt       Schedule XII 12
Current and Accrued Liabilities       Schedule XIII 13
Notes to Financial Statements       Schedule XIV 13
Comparative Income Statement       Schedule XV 14
Analysis of Billing - Associate Companies       Account 457 15
Analysis of Billing - Nonassociate Companies       Account 458 16
Analysis of Charges for Service - Associate and Nonassociate Companies       Schedule XVI 17
Schedule of Expense Distribution by Department or Service Function       Schedule XVII 18
Departmental Analysis of Salaries       Account 920 19
Outside Services Employed       Account 923 20
Employee Pensions and Benefits       Account 926 21
General Advertising Expenses       Account 930.1 21
Miscellaneous General Expenses       Account 930.2 22
Rents       Account 931 22
Taxes Other Than Income Taxes       Account 408 23
Donations       Account 426.1 23
Other Deductions       Account 426.5 24
Notes to Statement of Income       Schedule XVIII 24
           
           
           
LISTING OF INSTRUCTIONAL FILING REQUIREMENTS  
           
Description of Reports or Statements         Page
Number
           
Organization Chart         26
Methods of Allocation         26
Annual Statement of Compensation for Use of Capital Billed         26
Signature Clause         27
           
           
           
           
           
           
3 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
Schedule I - Comparative Balance Sheet
 
 
Give balance sheet of the Company as of December 31 of the current and prior year. 
         
Account Assets and Other Debits  

As of December 31 

      Current Prior
  Service Company Property      
         
101 Service company property (Schedule II)   $4,307,416  $3,387,415 
107 Construction work in progress (Schedule II)  
  Total Property   $4,307,416  $3,387,415 
         
108 Less accumulated provision for depreciation and amortization of service      
  company property (Schedule III)   4,009,937  2,181,707 
  Net Service Company Property   $297,479  $1,205,708 
         
  Investments      
         
123 Investments in associate companies (Schedule IV)  
124 Other Investments (Schedule IV)   1,396,508  896,508 
128 Special Funds (Schedule IV)  
  Total Investments   1,396,508  896,508 
         
  Current and Accrued Assets      
         
131 Cash   100,768  100,750 
134 Other special deposits (Schedule IV)   150,679  157,013 
135 Working funds   3,648,436  2,009,563 
136 Temporary cash investments (Schedule IV)   3,321,626  2,634,518 
141 Notes Receivable   2,063,921  2,063,753 
142 Customer Accounts Receivable   60 
143 Accounts receivable   18,565  66,222 
144 Accumulated provision of uncollectible accounts   (2,063,753) (2,063,753)
145 Notes Receivable - Associated Companies (Schedule IV)   4,845,665  26,373,173 
146 Accounts receivable from associate companies (Schedule V)   4,432,690  11,036,901 
152 Fuel stock expenses undistributed (Schedule VI)  
154 Materials and supplies  
163 Stores expense undistributed (Schedule VII)   17,967  19,195 
165 Prepayments   160,929  101,015 
174 Miscellaneous current and accrued assets (Schedule VIII)   (735,544) (210,387)
  Total Current and Accrued Assets   15,962,009  42,287,964 
         
  Deferred Debits      
         
181 Unamortized debt expense   158,485 
183 Preliminary survey and investigation charges   19,734  19,734 
184 Clearing accounts   (23,677) 4,054 
186 Miscellaneous deferred debits (Schedule IX)   7,075,938  11,422,882 
188 Research, development, or demonstration expenditures (Schedule X)   (214,180) (175,266)
190 Accumulated deferred income taxes   16,241,389  22,293,770 
  Total Deferred Debits   23,099,204  33,723,659 
         
  TOTAL ASSETS AND OTHER DEBITS   $40,755,201  $78,113,839 
         
  * Note: Amounts may not foot due to rounding.      
         
         
         
         
4 of 27 pages
 
 
 
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
   
Schedule I - Comparative Balance Sheet
   
         
Account Account Liabilities and Proprietary Capital  

As of December 31 

      Current Prior
  Proprietary Capital      
         
201 Common stock issued (Schedule XI)   $57,400,000  $57,400,000 
211 Miscellaneous paid-in-capital (Schedule XI)   396,321,597  395,658,686 
216 Unappropriated retained earnings (Schedule XI)   (422,815,533) (414,430,897)
  Total Proprietary Capital   $30,906,064  38,627,789 
         
  Long-Term Debt      
         
223 Advances from associate companies (Schedule XII)  
224 Other long-term debt (Schedule XII)  
225 Unamortized premium on long-term debt  
226 Unamortized discount on long-term debt-debit  
227 Capital Leases  
228 Accumulated Misc. Operating Provision   1,676,209  1,670,815 
  Total Long-Term Debt   1,676,209  1,670,815 
         
  Current and Accrued Liabilities      
         
231 Notes payable  
232 Accounts payable   1,465,492  6,400,932 
233 Notes payable to associate companies (Schedule XIII)  
234 Account payable to associate companies (Schedule XIII)   264,418  12,472,534 
235 Customer Deposits-Recieveable   1,000   
236 Taxes accrued   (11,393,054) (1,505,447)
237 Interest accrued  
238 Dividends declared  
241 Tax collections payable   (1,578,891) (2,875,184)
242 Miscellaneous current and accrued liabilities (Schedule XIII)   2,345,543  3,490,839 
  Total Current and Accrued Liabilities   (8,895,492) 17,983,675 
         
  Deferred Credits      
         
253 Other deferred credits   17,068,421  19,831,559 
255 Accumulated deferred investment tax credits  
  Total Deferred Credits   17,068,421  19,831,559 
         
282 Accumulated Deferred Income Taxes      
         
         
  TOTAL LIABILITIES AND PROPRIETARY CAPITAL   $40,755,201  $78,113,839 
       
  * Note: Amounts may not foot due to rounding.      
         
         
         
5 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule II - Service Company Property
 
             
    Balance at   Retirements   Balance
    Beginning   or Other (1) at Close
  Description of Year Additions Sales Changes of Year
             
Service Company Property 
             

Account

           
301 Organization $ - $ - $ - $ - $ -
303 Miscellaneous Intangible Plant 355,889   - 920,001 1,275,890
304 Land and Land Rights - - - - -
305 Structures and Improvements - - - - -
306 Leasehold Improvements - - - - -
307 Equipment - - - - -
308 Office Furniture and         -
  Equipment 1,591,485 - - - 1,591,485
309 Automobiles, Other Vehicles          
  and Related Garage Equipment - - - - -
310 Aircraft and Airport Equipment - - - - -
311 Other Service Company 1,440,041 - - - 1,440,041
  Property (3)          
  SUB-TOTAL 3,387,415 - - 920,001 4,307,416
107 Construction Work in Progress - - - - -
  TOTAL $3,387,415 - - $920,001 $4,307,416
             
(1) Provide an explanation of those changes considered material:
       $920,001 billed from ESI (construction work in progress closed to plant).
             
(2) Subaccounts are required for each class of equipment owned. The service company shall provide a listing by subaccount of equipment additions during the year and the balance at the close of the year:
             
            Balance at
 

Subaccount Description

      Additions Close of Year
Office Furniture and Equipment
  Furniture       $ - $1,011,905
  Computer Equipment       - 483,149
  Telephone       - 6,290
  Computer Software       - 90,142
        TOTAL $ - $1,591,485
             
(3) Describe other service company property:
  $1,133,195 investment in ETHC property.          
  $150,366 investment in software capital - 1999          
  $126,136 investment in ERS property          
  $30,344 in other capital          
             
* Note: Amounts may not foot due to rounding.
             
             
             
             
6 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule III - Accumulated Provision for Depreciation and Amortization of Service Company Property
 
             
    Balance at Additions   Other Balance
    Beginning Charged to   Changes Add at Close
  Description of Year Account 403 Retirements (Deduct) (1) of Year
             
Account            
301 Organization $ - $ - $ - $ - $ -
303 Miscellaneous Intangible Plant 217,943 992,355 - - 1,210,297
304 Land and Land Rights - - - - -
305 Structures and Improvements - - - - -
306 Leasehold Improvements - - - - -
307 Equipment - - - - -
308 Office Furniture and Fixtures 1,963,764 835,875 - - 2,799,640
309 Automobiles, Other Vehicles - - - - -
  and Related Garage Equipment          
310 Aircraft and Airport Equipment - - - - -
311 Other Service Company - - - - -
  Property          
             
  TOTAL $2,181,707 $1,828,230 $ - $ - $4,009,937
             
             
(1) Provide an explanation of those changes considered material: 
  N/A          
             
             
             
* Note: Amounts may not foot due to rounding.
             
             
             
             
7 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule IV - Investments
 
       
Instructions:      
Complete the following schedule concerning investments.
       
Under Account 124 "Other Investments," state each investment separately, with description, including, the name of issuing company, number of shares or principal amount, etc.
       
Under Account 136, "Temporary Cash Investments," list each investment separately. 
       
    Balance at Balance at
Description   Beginning of Year Close of Year
       
Account 123 - Investment in Associate Companies  

$ -

$ -

Account 124 - Investments (Options on land purc)hase   - -
  Investment in ECD Investments, 10 Class C Shares   896,508 1,396,508
Account 128 - Special Funds   - -
Account 134 - Special Funds   157,013 150,679
Account 136 - Temporary Cash Investments   - -
  Money market   2,634,518 3,321,626
       
Schedule V - Accounts Receivable from Associate Companies
 
Instructions:      
Complete the following schedule listing accounts receivable from each associate company. Where the service company has accommodation or convenience payments for associate companies, a separte listing of total payments for each.
       
       
       
    Balance at Balance at
Description   Beginning of Year Close of Year
Account 146 - Accounts Receivable from Associate Companies      
       
See page 8-A   11,036,901 4,432,690
TOTAL   $11,036,901 $4,432,690
       
      Total
Analysis of Convenience or Accommodation Payments:     Payments
       
See page 8-C     477,993
TOTAL PAYMENTS     $477,993
       
* Note: Amounts may not foot due to rounding.      
       
       
       
       
       
       
8 of 27 pages
       
       
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 2004
 
Schedule V - Accounts Receivable from Associate Companies
 
Instructions:      
Complete the following schedule listing accounts receivable from each associate company. Where the service company has provided accomodations or convenience payments for assocate companies, a separate listing of total payments for each associate company b
       
    Balance at Balance at
Description   Beginning of Year Close of Year
Account 146 - Accounts Receivable from Associate Companies      
Entergy Power Development Corp.   $442,910  ($478)
Entergy International, Ltd, LLC   335,664 
Entergy Power, Inc.   65,112  (1,134)
Entergy Ventures Holding Company, Inc.   45 
Entergy Nuclear Holding Co. #1   10 
Entergy Operations Services, Inc.   176,959 
Entergy Power Operations U.K.   337,672 
Entergy Technologies Holding Co.   415,359 
Entergy Services Inc.   220,672  257,014 
Entergy Holdings, LLC   27,073 
Entergy Thermal LLC   157,432  (7,451)
Entergy Power International Holdings Corp.   552,074  (6,614)
Entergy Technologies Corp.   123,019  27,005 
Entergy Enterprises Inc. (Divisions)   10 
Entergy Nuclear Inc.   1,061,314  (276)
Entergy Nuclear Finance Holding, Inc.   44 
Entergy Power Generation Corp.   3,318  2,970,333 
Entergy Trading & Marketing   (39,225)
Entergy Power Operations U.S., Inc.   504,066  161,966 
Northern Iowa Wind, LLC   35,581 
Entergy Mississippi, Inc.   58 
Warren Power LLC   18,868  8,058 
Entergy Power Gas Operations Corp   916  (281)
Entergy Global Investments, Inc.   73,580  20,288 
Entergy Nuclear Generation Corp   622,361 
Entergy Nuclear Indian Point 3, LLC   742,314 
Entergy Nuclear Fitzpatrick, LLC   414,819 
TLG Services, Inc.   129,282 
Entergy Solutions Supply, Ltd.   15,733 
Entergy International Holding, LLC   8,071 
TOTAL (for this page)   6,099,299  3,774,268 
       
       
* Note: Amounts may not foot due to rounding.      
       
       
       
8A of 27 pages
       
       
       
Schedule V - Accounts Receivable from Associate Companies
 
Instructions:      
Complete the following schedule listing accounts receivable from each associate company. Where the service company has provided accomodations or convenience payments for assocate companies, a separate listing of total payments for each associate company b
       
    Balance at Balance at

Description

  Beginning of Year Close of Year
Account 146 - Accounts Receivable from Associate Companies      
Entergy Solutions Management Services, LLC   20,600
Entergy Procurement Exchange Holding Company   11,857
Entergy Nuclear Operations, Inc.   68,742 32 
Entergy Resources, Inc.   948,905 5,879 
Entergy Power RS Corp   - 32,376 
Entergy Power Gas Holding Corp   152
Entergy Power E and C Holding   13,547
EWO Marketing, LP   87,093 (1,948)
Entergy Nuclear Indian Point 2, LLC   882,727
Entergy Solutions Select, Ltd.   22,790
Entergy Solutions Essentials, Ltd.   15
Entergy Commerce, Inc.   16,042
Entergy-Koch Trading LP   130,331 248,251 
Entergy UK Enterprises Ltd., LLC   10,833
Entergy Retail Texas, Inc.   43
Entergy Solutions District Cooling, LP   204,423 (105,751)
Entergy Solutions District Energy LLC   370,941
Entergy Solutions, Ltd   1,040,410 2,171 
Entergy Thermal UNO   583 217 
Entergy Nuclear Vermont Yankee, LLC   427,273
Entergy Asset Management, Inc.   674,129 460,277 
Entergy Nuclear Nebraska, LLC   6,166
EN Services, LP   - 16,904 
TOTAL (for this page)   4,937,602 658,421 
TOTAL (both pages)   $11,036,901 $4,432,690 
       
       
* Note: Amounts may not foot due to rounding.      
       
       
       
8B of 27 pages
       
       
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
For the Year Ended December 31, 2004
 
Schedule V - Accounts Receivable from Associate Companies
       
Instructions:      
Complete the following schedule listing accounts receivable from each associate company. Where the service company has provided accomodations or convenience payments for associate companies, a separate listing of total payments for each associate company
Analysis of Convenience or Accommodation Payments:     Payments
Entergy Nuclear, Inc.      
Entergy Thermal LLC     $78,020
Entergy Asset Management, Inc.     8,292
Entergy Nuclear Generation Corp     9
Entergy Nuclear Indian Point 3, LLC     10
Entergy MHK Retail, LLC     1,960
Entergy Solutions Supply Ltd.     306,791
Entergy Nuclear Indian Point 2, LLC     9
Entergy Operations Services, Inc.     82,800
Entergy Nuclear Fitzpatrick, LLC     10
Entergy Nuclear Vermont Yankee, LLC     6
Entergy Resources, Inc.     86
       
    TOTAL PAYMENTS $477,993
       
       
* Note: Amounts may not foot due to rounding.      
       
       
       
       
       
       
       
8C of 27 pages
       

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule VI - Fuel Stock Expenses Undistributed
 
       
Instructions:      
Report the amount of labor and expenses incurred with respect to fuel stock expenses during the year and indicate amount attributable to each associate company. Under the section headed "Summary" listed below give an overall report of the fuel functions performed by the service company.
       
Description Labor Expenses Total
       
Account 152 - Fuel Stock Expenses Undistributed NONE NONE NONE
       
       
       
       
       
       
TOTAL $ - $ - $ -
       
Summary:      
       
       
       
       
       
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule VII - Stores Expense Undistributed
 
       
Instructions:      
Report the amount of labor and expenses incurred with respect to stores expense during the year and indicate amount attributable to each associate company.
       
Description Labor Expenses Total
       
Account 163 - Stores Expense Undistributed $10,274 $7,693 $17,967
       
       
TOTAL $10,274 $7,693 $17,967
       
* Note: Amounts may not foot due to rounding.      
       
       
       
9 of 27 pages
       

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule VIII - Miscellaneous Current and Accrued Assets
 
 
Instructions:      
Provide detail of items in this account. Items less than $10,000 may be grouped, showing the number of items in each group.
       
    Balance at Balance at
Description   Beginning of Year Close of Year
Account 174 - Miscellaneous Current and Accrued Assets      
       
ESI credits for construction work in progress   ($210,387) ($735,544)
       
  TOTAL ($210,387) ($735,544)
       
       
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule IX - Miscellaneous Deferred Debits
 
       
Instructions:      
Provide detail of items in this account. Items less than $10,000 may be grouped by class showing the number of items in each class.
       
    Balance at Balance at
Description   Beginning of Year Close of Year
Account 186 - Miscellaneous Deferred Debits      
       
Employee Benefits and Taxes   $7,698,291  $6,473,800 
Misc. Deferred ESI Costs   248,637  296,279 
Deferred Employee Expenses   (56,053)
Deferred Restructuring Costs   2,851,028  (46)
Deferred Project Costs   (500)
Deferred Divestiture Costs   681,479  305,904 
       
       
TOTAL   $11,422,882  $7,075,938 
       
       
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule X - Research, Development or Demonstration Expenditures
 
 
Instructions.      
Provide a description of each material research, development, or demonstration project which incurred costs by the service corporation during the year.
       
       

Description

    Amount
       
Account 188 - Research, Development, or Demonstration Expenditures      
       
Active Development Costs     (214,180)
       
    TOTAL $ (214,180)
       
       
* Note: Amounts may not foot due to rounding.      
       
10 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule XI - Proprietary Capital
           
    Number of Shares Par or Stated Outstanding Close of Period
Account Number Class of Stock Authorized Value Per Share No. of Shares Total Amount
201 Common Stock Issued 100,000 NONE 57,400 57,400,000
           
           
           
Instructions:          
Classify amounts in each account with brief explanation, disclosing the general nature of transactions which give rise to the reported amounts.
           
 

Description

      Amount
           
Account 211 & 207 Miscellaneous Paid-in Capital        
  Beginning Balance      

$ 395,658,686 

  Capital contributions from Entergy Corp. and affiliate subsidiaries to invest in other businesses and to fund domestic and international power development      

662,911 

           
  Ending Balance      

396,321,597 

           
Account 215 Appropriated Retained Earnings       NONE
           
        TOTAL

$ 396,321,597 

           
Instructions:          
Give particulars concerning net income or (loss) during the year, distinguishing between compensation for the use of capital owed or net loss remaining from servicing nonassociates per the General Instructions of the Uniform System of Accounts. For dividends paid during the year in cash or otherwise, provide rate percentage, amount of dividend, date declared and date paid.
           
           
           
    Balance at Net Income Dividends Balance at
  Description Beginning of Year -or (loss) Paid Close of Year
           
Account 216 - Unappropriated Retained Earnings (414,430,897) (8,384,636) - (422,815,533)
           
  TOTAL ($414,430,897) ($8,384,636) - ($422,815,533)
           
* Note: Amounts may not foot due to rounding.
           
           
           
           

 11 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC. (UNCONSOLIDATED)
 
For the Year Ended December 31, 2004
 
Schedule XII - Long-Term Debt
 
                   
Instructions:                  
Advances from associate companies should be reported separately for advances on notes, and advances on open account. Names of associate companies from which advances were received shall be shown under the class and series of obligation column. For Account 224 - Other long-term debt provide the name of creditor company or organization, terms of the obligation, date of maturity, interest rate, and the amount authorized and outstanding.
                   
    Terms of Obligation       Balance at     Balance at
    Class & Series Date of Interest Amount Beginning     Close
Name of Creditor   of Obligation Maturity Rate Authorized of Year Additions Deductions(1) of Year
                   
Account 223 - Advances from                  
Associate Companies:                  
NONE   NONE - - - - - - -
                   
                   
Account 224 - Other Long-Term                  
Debt:    

-

-

-

-

-

-

-

NONE   NONE              
                   
                   
                   
          TOTAL

$ -

$ -

$ -

$ -

                   
                   
                   

12 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule XIII - Current and Accrued Liabilities
 
       
Instructions:      
Provide balance of notes and accounts payable to each associate company. Give description and amount of miscellaneous current and accrued liabilities. Items less than $10,000 may be grouped, showing the number of items in each group.
       
    Balance at Balance at
Description   Beginning of Year Close of Year
       
Account 233 - Notes Payable to Associate Companies   $ - 

$ - 

       
       
  TOTAL $ -  $ - 
       
Account 234 - Accounts Payable to Associate Companies      
Entergy Services, Inc.   $11,766,239  ($87,956)
Entergy Power Crete Corp.   12,584 
EN Services LP   338,399 
Entergy Power RS, LLC   91,908 
Entergy Louisiana, Inc   (49,041)
Entergy Gulf States, Inc   4,876 
Entergy Mississippi, Inc   47,704  124,969 
Entergy Operations, Inc   212 
Entergy Arkansas, Inc   926 
Entergy Solutions District Cooling, LP   111,877 
Entergy Corporation   258,726  86,661 
Entergy Nuclear Operations, Inc   42 
Entergy Solutions Management Services   119 
Entergy Enterprises, Inc   10 
Entergy Assets Management, Inc   7,899 
Entergy Global, LLC   20,797 
  TOTAL $12,472,534  $264,418 
       
Account 242 - Miscellaneous Current and Accrued Liabilities      
Benefit Plans   $1,654,694  $1,654,694 
Accrued Liabilities-Rent   (360,352) (183,799)
Accrued Liabilities-Incentive Compensation   818,070  172,104 
Accrued Liabilities-Stock Options   675,885 
Accrued Liabilities-Maritza   705,416  705,416 
Accrued Liabilities-Other   (2,873) (2,873)
  TOTAL $3,490,839  $2,345,543 
       
       
* Note: Amounts may not foot due to rounding.      
       
       
       
       
       
       
       
13 of 27 pages 
       
       
       
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule XIV - Notes to Financial Statements
       
Instructions:      
The space below is provided for important notes regarding the financial statements or any account thereof. Furnish particulars as to any significant contingent assets or liabilities existing at the end of the year. Notes relating to financial statements shown elsewhere in this report may be indicated here by reference.
       
       
       
       
See pages 13-B through 13-D      
 
 
 
 
 
13A of 27 pages 
       

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.

For the Year Ended December 31, 2004|

Schedule XIV - Notes to Financial Statements

 

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

A. Organization

Entergy Enterprises, Inc. (Enterprises or the Company), formerly Electec, Inc., is a diversified subsidiary of Entergy Corporation (Entergy) chartered in December 1983 to market the Entergy System's (the System) capabilities, expertise, and resources, and to engage in preliminary development activity relating to investments in qualifying facilities under the Public Utility Regulatory Policies Act.

Enterprises' principal activities during 2004 included: (1) engaging in preliminary development activities with respect to various investment opportunities for the Entergy System, (2) marketing to non-associates the System's expertise and capabilities in energy-related areas, (3) marketing to non-associates intellectual property developed by System companies, (4) providing various consulting, management, administrative and support services to certain associate companies, and (5) providing indirectly through one or more special purpose subsidiary companies of Entergy various operations and maintenance services to non-associate or certain associate companies,.

Enterprises was first authorized to conduct business as a subsidiary company for the System by order of the SEC dated January 11, 1983.

All transactions between Enterprises and other System companies generally are on a full cost reimbursement basis, except that, pursuant to SEC orders and/or regulations, (1) Enterprises must reimburse Entergy Services, Inc. and certain other regulated System companies for services at cost plus 5% and (2) Enterprises may charge market-based rates for services provided to non-utility associate companies under certain circumstances.

B. System of Accounts

The accompanying financial statements include the accounts of Enterprises, which are maintained in accordance with the system of accounts prescribed by the SEC.

C. Cash and Cash Equivalents

Enterprises considers all highly liquid instruments purchased with an original maturity of three months or less to be cash equivalents.

D. Depreciation and Amortization

Depreciation is computed on the declining balance method for Enterprises over the estimated useful lives of the furniture, computers and office equipment. Leasehold costs and improvements are amortized over their estimated useful lives (five years).

         E. Use of Estimates in the Preparation of Financial Statements

The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

 

         F. Income Taxes

The company accounts for income taxes pursuant to Statement of Financial Accounting Standards No. 109 "Accounting For Income Taxes" (FAS 109). This standard requires that deferred income taxes be recorded for all temporary differences between the financial statement and tax basis of assets, liabilities and loss carryforwards. Deferred tax balances are based on enacted tax laws at tax rates that are expected to be in effect when the temporary differences reverse.

The Company joins its parent and the other Entergy subsidiaries in filing a consolidated Federal income tax return. Income taxes (or benefits) are allocated to the Company in proportion to its contribution to consolidated taxable income.

2. TRANSACTIONS WITH AFFILIATES

Entergy Services, Inc. provides technical and consulting services and other assistance to Enterprises at cost plus 5% which amounted to $58,205,047 and $91,398,117 for the years 2004 and 2003, respectively.

3.  INCOME TAXES

The tax sharing agreement with Entergy provides that the Company will receive tax benefits for its taxable loss utilized by other members of the consolidated group. Accordingly, the Company receives the tax benefit of the cumulative losses in jurisdictions in which the Company files combined or consolidated returns (U.S. Federal, Arkansas, and Mississippi for 2004).

Deferred income taxes are provided in recognition of temporary differences between the financial reporting and income tax basis of assets and liabilities and loss carryforwards. Deferred income tax assets (liabilities) are comprised of the following at December 31, 2004 and 2003.

Deferred Tax Assets/(Liabilities)

2004

2003

     Equipment and fixed assets

$(1,476,666)

$ (309,635)

     Deferred charges and other

5,285,385 

5,285,385 

     Unrealized loss on marketable securities

2,827,178 

2,827,178 

     Other intangible assets

8,059,605 

12,944,954 

     Business development assignment

1,545,887 

1,545,887 

     State net operating loss carryforwards

624,922 

417,395 

Gross deferred tax asset/(liabilities)

16,866,389 

22,711,165 

State deferred tax valuation allowance

(624,922)

(417,395)

Net Deferred Tax Assets/(Liabilities)

$16,241,389 

$22,293,770 

The ultimate realization of these deferred tax assets is dependent upon future taxable income sufficient to offset the related deductions and loss carryforwards within the applicable carryforward period. The valuation allowance is based upon management's conclusions that sufficient positive evidence, as defined by FAS 109, regarding the realization of certain tax carryforward items does not exist. Such items generally relate to state loss carryforwards in states in which Entergy or its subsidiaries do not file a combined or consolidated return.

The provision for intercompany (benefit) expense in lieu of federal income taxes for the year ended December 31, 2004 and 2003 consisted of the following:

2004

2003

Current:

  Federal

$ (11,436,936)

$ (12,354,372)

  State

(185,074)

121,044 

    Total Current Income Tax Expense (Benefit)

(11,622,010)

(12,233,328)

Deferred:

  Federal

7,114,906 

8,473,165 

  State

    Total Deferred Income Tax Expense

7,114,906 

8,473,165 

Recorded Income Tax Expense (Benefit)

$ (4,507,104)

$ (3,760,163)

 

The Company's total income taxes differ from the amounts computed by applying the statutory Federal income tax rate to income before taxes. The primary reason for the difference is the effect of state income taxes.

At December 31, 2004, the Company had net operating loss carryforwards available for state income tax reporting purposes of approximately $12.0 million. These net operating loss carryforwards expire during various periods through 2018 depending on the taxing jurisdiction.

4.  OTHER INVESTMENTS

In 2001, Entergy Enterprises, Inc. acquired 10 Class C shares from ECD Investments, LLC (A business development and finance organization serving poverty-stricken areas in western Mississippi, eastern Arkansas, and northeastern Louisiana). As of December 31, 2004, the amount of the investment was $1,396,508.

5. COMMON STOCK

At December 31, 2004, Enterprises is authorized, by its Charter, to issue 100,000 shares of its common stock.

It is anticipated that Enterprises' cash flow generated by ongoing operations may not be sufficient to fund all of Enterprises' obligations. Further investment by Entergy in Enterprises may take the form of additional purchases of common stock, capital contributions, loans, and/or open account advances (without interest).

 

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
   
Schedule XV Comparative Statement of Income
   
         
Account Description   Current Year Prior Year
         
  Income      
457 Services rendered to associate companies   $66,855,143  $137,586,070 
458 Services rendered to nonassociate companies   61,275  65,010 
418 Subsidiary Income  
419 Interest Income   493,752  566,568 
421 Miscellaneous income or loss   3,254,415  414,794 
  Total Income   70,664,584  138,632,441 
         
  Expense      
920 Salaries and wages   3,283,346  18,523,698 
921 Office supplies and expenses   1,472,967  5,812,020 
922 Administrative expense transferred - credit   (2,145,857)
923 Outside services employed   63,146,872  105,040,946 
924 Property insurance   26,849  23,326 
925 Injuries and damages   2,673,668  249,020 
926 Employee pensions and benefits   5,356,455  2,603,598 
928 Regulatory commission expense   120 
930.1 General advertising expenses  
930.2 Miscellaneous general expenses   (1,160,466) 12,352,372 
931 Rents   6,094,611  6,265,358 
932 Maintenance of structures and equipment   97,064  294,373 
940 Active Development   2,145,857 
403 Depreciation and amortization expense    1,754,441  1,021,405 
408 Taxes other than income taxes   527,192  1,708,673 
409 Income taxes   (11,622,011) (12,233,328)
410 Provision for deferred income taxes   7,114,907  8,473,165 
416 Cost & Expense of Merchandising    - 
421 Misc Nonoperating Income/Loss   25,467 
426.1 Donations   760  117 
426.3 Penalties   3,758  57 
426.5 Other deductions   206  863 
431 Other interest expense   50,821  14 
  Total Expense   78,847,029  150,135,677 
         
         
  Net Income or (Loss)   ($8,182,444) ($11,503,236)
         
  * Note: Amounts may not foot due to rounding.      
         
         
         
         
         
         
         
         
14 of 27 pages
         

 

 ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
 For the Year Ended December 31, 2004
 
Analysis of Billing
 
Associate Companies - Account 457
         
  Direct Indirect Compensation Total
  Costs Costs For Use Amount
Name of Associate Company Charged Charged of Capital Billed
  457-1 457-2 457-3  
         
Entergy Resources, Inc. $294,593  $393,834    $688,427 
Entergy Power International Holdings Ltd. 82,557  6,855,343    6,937,900 
Entergy Asset Management, Inc. 360,717  5,391,151    5,751,867 
Entergy Ventures Holding Co., Inc. 45    45 
Entergy-Koch Holdings III, LLC (6,017) 36,652    30,635 
Entergy Power E&C Holdings 3,063  57,750    60,813 
Northern Iowa Windpower LLC 55  234,759    234,814 
Entergy Power, Inc. (313,973) 384,490    70,517 
Entergy Power Gas Operations Corporation 4,976  14,646    19,622 
Entergy Power Gas Holdings Corporation 13  7,394    7,407 
Entergy Power Development Corp. 2,268,584  1,406,011    3,674,595 
Entergy Power Operations U.S., Inc. 4,204,465  234,583    4,439,048 
Warren Power LLC 132,223  22,633    154,855 
Entergy Holding, LLC 821  85,450    86,271 
Entergy Thermal LLC  613,467  507,263    1,120,730 
EEI Divisions (1,967,708) 5,725,391    3,757,683 
Entergy Nuclear Generation Corp. 73,879  5,783,556    5,857,434 
Entergy Nuclear, Inc. 38,043  6,439,228    6,477,271 
Entergy Nuclear Indian Point 3 LLC 64,115  5,960,742    6,024,857 
Entergy International Holdings Ltd. 392  19,045    19,437 
Entergy Power RS, LLC 405,165  23,496    428,662 
Entergy Technology Corp. 713,419  919,082    1,632,501 
Entergy Business Solutions, LLC  
Entergy Global, LLC 954  347,913    348,867 
Entergy MHK Retail 2,034    2,034 
Entergy Nuclear Operations Inc. 4,298  118,263    122,562 
Entergy Operations Services, Inc 5,908  416,226    422,135 
Entergy Procurement Exchange Holdings Company 7,520  35,995    43,515 
Entergy Solutions Management Services 4,294  31,782    36,076 
Entergy Solutions, Ltd. 98,668  (7,175,948)   (7,077,280)
Entergy Solutions Select, Ltd. 11,475  399,132    410,607 
Entergy Solutions Supply, Ltd. 1,666  24,546    26,212 
Entergy Solutions Essentials, Ltd. 987    987 
Entergy Retail Texas, Inc. 557  7,421    7,978 
Entergy UK Enterprises, Ltd. 4,372  80,022    84,394 
Entergy Nuclear Fitzpatrick LLC 67,057  5,434,904    5,501,961 
TLG Services 11,224  486,117    497,341 
Entergy Technology Holding Company 243  973,094    973,337 
Entergy Nuclear Indian Point 2 LLC 17,302  7,254,968    7,272,270 
Entergy Commerce, Inc. 357  48,276    48,633 
Entergy Nuclear Vermont Yankee LLC 60,295  4,625,281    4,685,576 
EWO Marketing LP 386,364  438,574    824,938 
Entergy International, Ltd. (1,562) 2,833,669    2,832,107 
EN Services LP 431,391  26,269    457,660 
Entergy Thermal UNO LLC 217  (3)   214 
Entergy Power Operations UK, Ltd. 388,672    388,672 
Entergy District Energy Holdings LLC (27,828) 13,653    (14,175)
Entergy Solutions District Coolings LP 336,778  320,623    657,400 
Entergy Nuclear Finance Holding, Inc. 81  870    951 
Entergy Nuclear Nebraska LLC (137,181) 642,192    505,010 
Entergy Power Generation Corp. (239) 257,806    257,568 
EWO Wind II, LLC (8,415) 57,862    49,446 
Entergy Nuclear Operations Services, LLC (26)   (26)
Entergy Corp. 12,774    12,774 
         
         
TOTAL $8,650,096  $58,205,047  $ -  $66,855,143 
         
         
* Note: Amounts may not foot due to rounding.        
         
 15 of 27 pages
         
         
         

 

 ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
 For the Year Ended December 31, 2004
 
 Analysis of Billing
 
 Nonassociate Companies - Account 458
 

Instruction:

Provide a brief description of the services rendered to each nonassociate company:
             
             
  Direct Indirect Compensation   Excess Total
  Cost Cost For Use Total Or Amount
Name of Nonassociate Company Charged Charged of Capital Cost Deficiency Billed
  458-1 458-2 458-3   458-4  
             
Louisiana Hydroelectric LP 61,275 - - 61,275 - 61,275
             
             
             
             
TOTAL $61,275 $ - $ - $61,275 $ - $61,275
             
* Note: Amounts may not foot due to rounding.            
             
             

16 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule XVI - Analysis of Charges for Service - Associate and Nonassociate Companies
 
Instruction:
Total cost of service will equal for associate and nonassociate companies the total amount billed under their separate analysis of billing schedules.
                     
   

Associate Company Charges

Nonassociate Company Charges

 Total Charges for Service
    Direct Indirect   Direct Indirect   Direct Indirect  
Acct Description of Items Cost Cost Total Cost Cost Total Cost Cost Total
                     
920 Salaries and Wages $ 2,861,385  $ 213,763  $ 3,075,148  $ - $ - $ - $ 2,861,385  $ 213,763  $ 3,075,148 
921 Office Supplies and Expenses 628,012  46,916  674,928  - - - 628,012  46,916  674,928 
922 Administrative Exp Transferred - Credit -   - - -
923 Outside Services Employed 58,031,653  4,335,326  62,366,979  - - - 58,031,653  4,335,326  62,366,979 
924 Property Insurance 25,728  1,922  27,650  - - - 25,728  1,922  27,650 
925 Injuries and Damages 2,656,175  198,433  2,854,608  - - - 2,656,175  198,433  2,854,608 
926 Employee Pensions and Benefits 4,354,029  325,273  4,679,302  - - - 4,354,029  325,273  4,679,302 
928 Regulatory commission expense - - -
930.1 General Advertising Expenses - - -
930.2 Miscellaneous General Expenses (1,082,347) (80,858) (1,163,205) - - - (1,082,347) (80,858) (1,163,205)
931 Rents 2,607,500  194,797  2,802,297  - - - 2,607,500  194,797  2,802,297 
932 Maintenance of Structures and Equip. 96,654  7,221  103,875  - - - 96,654  7,221  103,875 
940 Active Development - - -
403 Depreciation and Amortization Expense 1,825,157  136,351  1,961,508  - - - 1,825,157  136,351  1,961,508 
408 Taxes Other Than Income Taxes 227,087  16,965  244,052  - - - 227,087  16,965  244,052 
409 Income Taxes - - -
410 Provision for Deferred Income Taxes - - -
416 Cost & Exp of Merchandising - - -
418 Earnings from Subsidiary - - -
419 Interest Income - - -
421 Other Income/Deductions - - -
426.1 Donations 400  30  430  - - - 400  30  430 
426.3 Penalties 1,716  128  1,844              
426.5 Other Deductions - - -
431 Other Interest Expense 19,735  1,474  21,209  - - $ - 19,735  1,474  21,209 
                      
  TOTAL EXPENSES 72,252,884  5,397,741  77,650,625  - - - 72,251,168  5,397,613  77,648,781 
  Compensation for use of Equity Capital - - -
  430 Interest on Debt to Associate Companies - - -
  TOTAL COST OF SERVICE $ 72,252,884  $ 5,397,741  $ 77,650,625  $ - $ - $ - $ 72,251,168  $ 5,397,613  $ 77,648,781 
                     
                     
  * Note: Amounts may not foot due to rounding.
                     

17 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule XVII - Schedule of Expense Distribution by Department or Service Function
 
Instruction:
Indicate each department or service function. (See Instruction 01-3 General Structure of Accounting System: Uniform System of Accounts).
                         
      DEPARTMENT OR SERVICE FUNCTION
Acct.   Total           Entergy Technical   Retail Construction, Asset Mgmt
Number Description of Items Amount Executive Telecom Development Legal Administration Power Mktg. Services Nuclear Business & Plant Opertions
                         
920 Salaries and Wages $3,283,346  $44,597  $283,965  $463,873  ($1,674) $1,302,190  ($84,835) $0  $24,532    $1,250,698 
921 Office Supplies and Expenses 1,472,967    452  844,588  368  195,079      18,099    414,382 
922 Admin. Expense Transferred - Credit                    
923 Outside Services Employed 63,146,872  132,633    4,982,172  471  55,895,306    (57)   (67,038) 2,203,385 
924 Property Insurance 26,849      1,121    25,728           
925 Injuries and Damages 2,673,668      17,493    2,656,175           
926 Employee Pensions and Benefits 5,356,455  27,292  64,974  967,026  3,110  3,717,621  7,998  4,272    564,162 
928 Regulatory Commission Expenses 120      120               
930.1 General Advertising Expenses                  
930.2 Miscellaneous General Expenses (1,160,466)   9,194  (59,262) (19,637) (1,139,275)   780  5,646    42,088 
931 Rents 6,094,611    3,477,392  9,402  2,576,892  316      30,602 
932 Maintenance of Structures and Equipment 97,064    35  239  168  96,474          148 
940 Reserve for Active Development                    
403 Depreciation and Amortization Expense 1,754,441      (70,717)   1,502,342          322,815 
408 Taxes Other Than Income Taxes 527,192  10,101  21,314  288,054  (124) (29,874) 2,073  1,864  (5,028) 238,811 
409 Income Taxes (11,622,011)     (11,622,011)              
410 Provision for Deferred Income Taxes 7,114,907      7,114,907               
416 Cost & Exp of Merchandising                    
421 Gain/Loss on Dispositions 25,467      25,467               
426.1 Donations 760      360              400 
426.3 Penalties 3,758      2,042    1,716           
426.5 Other Deductions 206      206               
431 Other Interest Expense 50,821      31,086    19,735           
                         
  TOTAL EXPENSES $78,847,030  $214,623  $379,941  $6,464,157  ($7,915) $66,820,109  ($74,448) $724  $54,412  ($72,066) $5,067,491 
                         
  * Note: Amounts may not foot due to rounding.
   

18 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Departmental Analysis of Salaries - Account 920
     
           
 

Departmental Salary Expense

 
Name of Department  

Included in Amounts Billed to

Number of
Indicate each department Total Parent Other Non Personnel
or service function Amount Company Associates Associates End of Year
           
Executive $ 259,268  $ - $ 259,268  $ - -
Development, Telecom, Power Mkting, $1,259,669  - 1,259,669  - 24
  Technical Svcs, Nuclear, & Other          
Legal (94) - (94) - 1
Administration 746,810  - 746,810  - 6
Severance 45,974  - 45,974  - 3
Overhead charges & Other Misc. - 971,720  - -
   Costs          
           
           
TOTAL $2,311,626  $ - $3,283,346  $ - 34
           
* Note: Amounts may not foot due to rounding.          
           
           
           
           
           
           
19 of 27 pages
           
           
           
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Outside Services Employed - Account 923
     
           
Instructions:          
Provide a breakdown by subaccount of outside services employed. If the aggregate amounts paid to any one payee and included within one subaccount is less than $25,000, only the aggregate number and amount of all such payments included within the subaccount need be shown. Provide a subtotal for each type of service.
           
           
        Relationship  
        "A" - Associate  
        "NA" - Non  
From Whom Purchased   Address   Associate Amount
           
See pages 20-A thru 20-C         $63,146,872
           
           
           
           
           
           
           
           
           
           
           
           
           
20 of 27 pages
           
           

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
     
For Year Ended December 31, 2004
     
Outside Services Employed - Account 923
     
           
        Relationship  
        "A"- Associate  
        "NA" - Non  
From Whom Purchased Address Associate Amount
ABC York Way, LTD 145 147 York Way     NA $467 
ABC York Way, LTD London        
ABC York Way, LTD N7-9LG        
Adams and Reese 4500 One Shell Square     NA 1,761 
Adams and Reese New Orleans, LA 70139        
American Electric Power P.O. Box 24417     NA 6,878 
American Electric Power Canton, OH 44701-4417        
Associated Air Services Units 4-6 Feltham Business Complex     NA 1,800 
Associated Air Services Browells Lane        
Associated Air Services Feltham, Middlesex TW13 7EQ        
Baker Investigation & Security Services 1401 Adams St.     NA 11,966 
Baker Investigation & Security Services Vicksburg, MS. 39180        
Brian Baturecich Equitable House     NA 1,064 
Brian Baturecich 47 King William Street        
Brian Baturecich London, EC4R9JD        
Boc Gases P.O. Box 40336     NA 837 
Boc Gases Atlanta, Georgia 31192-0336        
Career Placement Temporaries 4444 Richmond Avenue     NA 1,961 
Career Placement Temporaries Houston, TX 77027-6798        
Cingular Wireless P.O. BOX 31488     NA 918 
Cingular Wireless Tampa, Florida 33631-3488        
Citibank USA NA 701 E. 60th Street N.     NA 174,422 
Citibank USA NA Sioux Falls, SD 57117        
City of Vicksburg 770 Kemp Bottom Road     NA 4,887 
City of Vicksburg Vicksburg, MS. 39180        
Comensura Inc. 1775 St. James Place     NA 2,724 
Comensura Inc. Houston, TX 77056        
DBM-DOONE Equitable House     NA 2,090 
DBM-DOONE 47 King William Street        
DBM-DOONE London, EC4R9JD        
Deloitte & Touche LLP 333 Clay Street, Suite 2300     NA 375,415 
Deloitte & Touche LLP Houston, TX 77002-4196        
Dell Marketing Corp P.O. Box 890837     NA 958 
Dell Marketing Corp Dallas, TX 75389-0837        
Ecolochem P.O. Box 18162     NA 12,100 
Ecolochem Merrifield, VA 221180162        
Energie Rinnovabili Italia Srl 14153 Genova     NA 11,548 
Energie Rinnovabili Italia Srl Genova, ITA 16153        
Entergy Power Development Corp. PO Box 61000     A (838,106)
Entergy Power Development Corp. New Orleans, LA 70161-1000        
Entergy Enterprises, Inc-Billing 639 Loyola Ave.     A 1,368,592 
Entergy Enterprises, Inc-Billing New Orleans LA 70113        
Entergy Enterprises, Inc-UK Working Fund Equitable House     A 559,711 
Entergy Enterprises, Inc-UK Working Fund 47 King William Street        
Entergy Enterprises, Inc-UK Working Fund London, EC4R9JD         
Entergy Mississippi, Inc. PO Box 61000     A 1,439 
Entergy Mississippi, Inc. New Orleans, LA 70161-1000        
Entergy Koch Trading, LP 20 East Greenway Plaza     A 368,159 
Entergy Koch Trading, LP Houston, TX 77046        
Entergy Services, Inc. PO Box 61000     A 60,034,655 
Entergy Services, Inc. New Orleans, LA 70161        
Federal Express P.O. Box 1140     NA 972 
Federal Express Memphis, TN 38101-1140        
           
           
           
20A of 27 pages
 
 
 
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
     
For Year Ended December 31, 2004
     
Outside Services Employed - Account 923
        Relationship  
        "A"- Associate  
        "NA" - Non  
From Whom Purchased Address Associate Amount
Finacial Modelling Com, LTD P.O. Box 10102     NA 6,532
Finacial Modelling Com, LTD London, E1 8tn United Kingdom        
Fitzmorris & Associates Inc 909 Poydras Suite 1780     NA 11,500
Fitzmorris & Associates Inc New Orleans, LA 70112        
Freshfields Bruckhaus Deringer Fortuny 6     NA 2,936
Freshfields Bruckhaus Deringer 28010 Madrid        
Freshfields Bruckhaus Deringer Madrid ESP        
GE Capital P.O. Box 676004     NA 889
GE Capital Dallas, TX 75267-6004        
Glankler Brown PLLC One Commerce Square Ste. 1700     NA 536
Glankler Brown PLLC Memphis, TN 38103        
Hempsons Solicitors Hempsons House     NA 27,828
Hempsons Solicitors 40 Villiers Street        
Hempsons Solicitors London, WC2N 6NJ        
Ina Field Services, Inc 1616 East Farmont St.     NA 2,910
Ina Field Services, Inc LongView, Texas 75604        
Ingersoll Rand Company P.O. Box 951358     NA 1,165
Ingersoll Rand Company Dallas, TX 75395        
Iron Mountain P.O. Box 65017     NA 2,106
Iron Mountain Charlotte, NC 28265-0017        
Kitz Corporation of America P.O. Box 4383 Dept #8     NA 11,351
Kitz Corporation of America Houston, TX 77210        
Koch Properties Company LP 20 Greenway Plaza, Suite 200     NA 559
Koch Properties Company LP Houston, TX 77046        
Legal Services Equitable House        
Legal Services 47 King William Street     NA 16,885
Legal Services London, EC4R9JD        
Locke, Liddell, and Sapp LLP PO Box 201072     NA 1,955
Locke, Liddell, and Sapp LLP Houston, TX 77216-1072        
McGriff, Seibels, & Williams Inc. 2211 7th Avenue South     NA 18,349
McGriff, Seibels, & Williams Inc. Birmingham, AL 35233        
Macchi di Cellere e Gangemi Via Serbelloni 4     NA 23,026
Macchi di Cellere e Gangemi 20122 Milano        
Mason Solicitors Office Account 30 Aylesbury Street     NA 290,357
Mason Solicitors Office Account London, GBR EC1R OER        
Minolet Business Solutions, Inc P.O. Box 676013     NA 2,238
Minolet Business Solutions, Inc Dallas, TX 75267-6013        
Neg of Diapidations/Net Logix Equitable House     NA 127,615
Neg of Diapidations/Net Logix 47 King William Street        
Neg of Diapidations/Net Logix London, EC4R9JD        
Ondeo Nalco Co P.O. Box 70716     NA 26,669
Ondeo Nalco Co Chicago, IL 60673-0716        
Osborne Industries P.O. Box 1605     NA 2,455
Osborne Industries Weller, TX 77484        
Pitney Bowes Credot Corp P.O. Box 41067     NA 591
Pitney Bowes Credot Corp Norfolk, VA 23541-1067        
PriceWaterhouseCoopers LLP 333 Market Street, 18th Floor     NA 82,735
PriceWaterhouseCoopers LLP San Francisco, CA 94105        
Project Consultants Intl, Inc P.O. Box 1111     NA 50,666
Project Consultants Intl, Inc Grand Cayman, BWI, Cayman Islands        
           
           
           
           
20B of 27 pages
 
 
 
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
     
For Year Ended December 31, 2002
     
Outside Services Employed - Account 923
     
           
        Relationship  
        "A"- Associate  
        "NA" - Non  
From Whom Purchased Address Associate Amount
           
Science Applications International Corp. 10260 Campus Point Drive     NA 301,113
Science Applications International Corp. San Diego, CA 92121-1578        
Shaw Group 4171 Essen Lane     NA 1,500
Shaw Group Baton Rouge, LA 70809        
Skadden, Arps, Slate & Meagher & Flom, LLP One Canada Square; Canary Wharf     NA (357,805)
Skadden, Arps, Slate & Meagher & Flom, LLP London, GBR E14 5DS        
STCS-HR Consultancy 51 Hamilton Road     NA 9,477
STCS-HR Consultancy Thornton Heath        
STCS-HR Consultancy Surry, CR7 8NN        
Stibbe Exchange House     NA 4,484
Stibbe Primrose Street        
Stibbe London EC2A 2ST        
STRB Advocation Inv Equitable House     NA 4,032
STRB Advocation Inv 47 King William Street        
STRB Advocation Inv London, EC4R9JD        
Studio Angelelli Dottori Commercialisti     NA 33,810
Studio Angelelli Revisori Contabili        
Studio Angelelli 20121 Milano-Via San Prospero, 4        
STvB Adocaten (Europe) N.V. Concertgebouwplein 5     NA 6,301
STvB Adocaten (Europe) N.V. 1071 LL Amsterdam, The Netherlands        
STvb Advpcaten NV Concertgebouwplein 5     NA 6,570
STvb Advpcaten NV 1071 LL Amsterdam, The Netherlands        
Thornton Training Services 51 Hamilton Road     NA 9,365
Thornton Training Services Thornton Heath        
Thornton Training Services Surry, CR7 8NN        
Warfab Field Machining & Erection Corp P.O. Box 390     NA 21,334
Warfab Field Machining & Erection Corp Hallsville, TX 75650        
WCM Group, Inc. PO Box 4563     NA 3,777
WCM Group, Inc. Houston, TX 77210-4563        
V Judge DBM Equitable House     A 6,090
V Judge DBM 47 King William Street        
V Judge DBM London, EC4R9JD        
Wheeler Consulting 14111 Hambleton Dr.     NA 68,772
Wheeler Consulting Houston, TX 77069        
Wind Site search in Italy Equitable House     A 67,819
Wind Site search in Italy 47 King William Street        
Wind Site search in Italy London, EC4R9JD        
Wierzbowski I Wspolnicy Al. Armii Lodowej 14     A 4,048
Wierzbowski I Wspolnicy 00-638 Warszawa, Poland        
Winstead Sechrest & Minick PC 5400 Renaissance Tower     NA 1,181
Winstead Sechrest & Minick PC 1201 Elm Street        
Winstead Sechrest & Minick PC Dallas, TX 75270-2199        
Womble Carlyle Sandridge and Rice P.O. Box 84     NA 1,096
Womble Carlyle Sandridge and Rice Winston Salem, NC 27102        
Xerox Connect P.O. Box 828187     NA 385
Xerox Connect Philadelphia, PA 19182-8187        
All Others (71)       NA 134,444
           
           
           
Total All         $63,146,872
           
           
* Note: Amounts may not foot due to rounding.          
           
20C of 27 pages
           
           

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Employee Pensions and Benefits - Account 926
 
           
Instructions:          
Provide a listing of each pension plan and benefit program provided by the service company. Such listing should be limited to $25,000.
           
           

Description

        Amount
           
This item includes primarily costs billed from Entergy Services, Inc. and are not benefits of EEI.         $210,186
EEI benefits allocations         5,136,807
Educational reimbursement         9,461
           
        TOTAL $5,356,454
           
           
           
           
           
           
           
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
General Advertising Expenses - Account 930.1
 
           
Instructions:          
Provide a listing of the amount included in Account 930.1, "General Advertising Expenses," classifying the items according to the nature of the advertising and as defined in the account definition. If a particular class includes an amount in excess of $3,000 applicable to a single payee, show separately the name of the payee and the aggregate amount applicable thereto.
           
           
           
Name of Payee         Amount
           
           
General Advertising Expenses in 2004         $1
for Entergy Enterprises, Inc.          
           
           
        TOTAL $1
           
           
* Note: Amounts may not foot due to rounding.          
           
           
21 of 27 pages
           
           

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Miscellaneous General Expenses - Account 930.2
 
           
Instructions:          
Provide a listing of the amount included in Account 930.2, "Miscellaneous General Expenses," classifying such expenses according to their nature. Payments and expenses permitted by Section 321(b)(2) of the Federal Election Campaign Act, as amended by Public Law 94-283 in 1976 (2 U.S.C. SS441(b)(2)) shall be separately classified.
           
           
           

Description

        Amount
           

Severance & lease amortization

        $ (1,030,147)
Outside services from ESI         (322,144)
Outsource billing         597 
Bank fees         11,105 
Clearing account 184 from balance sheet         106,497 
EEI overhead expenses         68,396 
Demon. & selling expense         7,503 
Travel Expenses         5,646 
Other miscellaneous expenses (including capital expense)         (7,920)
        TOTAL ($1,160,467)
           
           
           
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Rents - Account 931
 
           
Instructions.          
Provide a listing of the amount included in Account 931, "Rents," classifying such expenses by major groupings of property, as defined in the account definition of the Uniform System of Accounts. 
           
           

Type of Property

        Amount
           
Building, Facility, & Real Property Rentals         $ 5,947,995
Office Equipment & Other Rentals         129,019
Other         17,598
           
           
           
        TOTAL $ 6,094,611
           

* Note: Amounts may not foot due to rounding.\ 

         
           
           
           
           
           
22 of 27 pages
           
           

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Taxes Other Than Income Taxes - Account 408
 
 
Instructions:          
Provide an analysis of Account 408, "Taxes Other Than Income Taxes." Separate the analysis into two groups: (1) other than U.S. Government taxes, and (2) U.S. Government taxes. Specify each of the various kinds of taxes and show the amounts thereof. Provide a subtotal for each class of tax.
           
           
           
Kind of Tax         Amount
           
Property Taxes         $170,025
State Franchise Tax         115,550
Miscellaneous (O, I, & D)         111,999
Payroll Tax         72,854
Ad Valorem         55,572
Excise Tax         1,150
Occupation Tax         42
           
        TOTAL $527,192
           
           
ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Donations - Account 426.1
 
Instructions:          
Provide a listing of the amount included in Account 426.1, "Donations," classifying such expenses by its purpose. The aggregate number and amount of all items of less than $3,000 may be in lieu of details.
           
           

Name of Recipient 

        Amount
           
           
UNO Scholarship Golf Tournament          $400
Entergy Services, Inc. Donations          316
Nespresso Club          44
           
        TOTAL $760
           

* Note: Amounts may not foot due to rounding.

         
           
           
           
           
           
           
           
           
23 of 27 pages

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Other Deductions - Account 426.5
 
           
Instructions:          
Provide a listing of the amount included in Account 426.5, "Other Deductions," classifying such expenses according to their nature.
           
           
Description     Name of Payee   Amount
           
Political Organizations     Various   $160
           
Miscellaneous ESI Billings     Various   45
           
           
        TOTAL $205
           
           
           
           
           
           
           
           
           
           
           
           
           
24 of 27 pages
           
           

 

ANNUAL REPORT OF ENTERGY ENTERPRISES, INC.
 
For the Year Ended December 31, 2004
 
Schedule XVIII - Notes to Statement of Income
       
Instructions:      
The space below is provided for important notes regarding the statement of income or any account thereof. Furnish      
particulars as to any significant increases in services rendered or expenses incurred during the year. Notes relating to      
financial statements shown elsewhere in this report may be indicated here by reference.      
       
See Notes to Financial Statements on pages 13B - 13D      
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
25 of 27 pages
       
       
       
       
       
       

 

 ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.

 

 Organization Chart

 
DIRECTORS POSITION      
Leo P. Denault Director      
S. Gareth Brett Director      
Mark T. Savoff Director      
         
OFFICERS POSITION      
S. Gareth Brett President and Chief Executive Officer      
Joseph T. Henderson Senior Vice President and General Tax Counsel      
Robert D. Sloan Senior Vice President, Secretary, and General Counsel      
Robert A. Malone Vice President - Engineering and Construction      
Steven C. McNeal Vice President and Treasurer      
Robert J. Cushman Vice President      
Turgay Gurun Vice President      
Jonathan E. Long Vice President      
Stephen A. Lorio Vice President      
Christopher T. Screen Assistant Secretary      
Thomas G. Wagner Assistant Secretary      
Rory L. Roberts Tax Officer      
         
         

 Methods of Allocation

         
Entergy Enterprises, Inc. shall fully allocate and charge associated companies for the direct and indirect costs of it's services, determined in accordance with rules 90 and 91, in the manner set forth in the Service Agreements, and approved by the Commissions (7/8/93 (HCAR No. 25848)), based on direct costs related to the project or service being performed and a portion of Enterprises' indirect costs. Such indirect costs will be equitably allocated and charged based on one or more allocations including, but not limited, to five categories: (i) direct labor hours, (ii) total payroll dollars charged, (iii) base assignment of company employees, (iv) direct dollars charged, and (v) revenues.
         
         

Annual Statement of Compensation for Use of Capital Billed

         

- Not applicable -

         
         
         
         
         
         
         
         
         
 26 of 27 pages

 

 

ANNUAL REPORT TO THE SEC OF ENTERGY ENTERPRISES, INC.

 

Signature Clause

 

Pursuant to the requirements of the Public Utility Holding Company Act of 1935 and the rules and regulations of the Securities and Exchange Commission issued thereunder, the undersigned company has duly caused this report to be signed on its behalf by the undersigned officer thereunto duly authorized.

 

 

 

Entergy Enterprises, Inc.
 
/s/ Stephen A. Lorio
Stephen A. Lorio, Vice President

Date: April 26, 2005