ML22349A635

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Enclosure 10 - 10-Q Filed 06/30/2022
ML22349A635
Person / Time
Site: Callaway Ameren icon.png
Issue date: 12/15/2022
From:
Ameren Missouri, Union Electric Co
To:
Office of Nuclear Reactor Regulation, Office of Nuclear Security and Incident Response
Shared Package
ML22349A623 List:
References
ULNRC-06788
Download: ML22349A635 (1)


Text

Ameren Missouri (Union Electric Company)

Callaway Plant

10-Q FILED 06/30/2022

89 pages follow this cover sheet

152$

393 28 3

19 (10) 4 (105)

(7)

(159) 81 (128) 12 24 (8)

(118)

I81 (806)

(22)

(122) 114 18 (818)

(2)

I20 524 (6) 636 (1) 8

$ 7I60 343 20 3

(2)

(10) 6 (135)

(8)

(172)

I67 (165) 23 19 5

(30) 224 (1101)

(203) 208 47 (1,053) 524 I83 (4) 701 (128) 145

$ 17SixMonthsEndedJune30, 2022 2021

$UNIONELECTRIC COMPANY (diblaAMEREN MISSOURI)

CONSOLIDATED STATEMENT OFCASHFLOWS (Unaudited) (Inmillions)

CashFlowsFromOperating Activities:

Netincome Adjustments toreconcile netincometonetcashprovided byoperating activities:

Depreciation andamortization Amortization ofnuclearfuel Amortization ofdebtissuance costsandpremium/discounts Deferred incometaxesandinvestment taxcredits,net Allowance forequityfundsusedduringconstruction Other Changes inassetsandliabilities:

Receivables Inventories Accounts andwagespayable Taxesaccrued Regulatory assetsandliabilities Assets,other Liabilities, other Pensionandotherpostretirement benefits Counterparty collateral, net______________ _______________

Netcashprovided byoperating activities______________ _______________

CashFlowsFromInvesting Activities:

Capitalexpenditures Nuclearfuelexpenditures Purchases ofsecurities nucleardecommissioning trustfund Salesandmaturities ofsecurities nucleardecommissioning trustfund Moneypooladvances, net Other_______________ _______________

Netcashusedininvesting activities_______________ _______________

CashFlowsFromFinancing Activities:

Dividends onpreferred stock Short-term debt,net lssuances oflong-term debt Capitalcontribution fromparent Debtissuance costs_______________ ________________

Netcashprovided byfinancing activities______________ _______________

Netchange incash,cashequivalents, andrestricted cash Cash,cashequivalents, andrestricted cashatbeginning ofyear______________ ______________

Cash,cashequivalents, andrestricted cashatendofperiod_______________ _______________

Theaccompanying notesastheyrelatetoAmerenMissouri areanintegralpartoftheseconsolidated financial statements.

10

TaxAllocation Agreement SeeNoteISummary ofSignificantAccounting PoliciesunderPartII,Item8,oftheForm10-Kforadiscussion ofthetax allocation agreement. Thefollowing tablepresents theaffiliatebalances relatedtoincometaxesforAmeren Missouri andAmeren IllinoisasofJune30, 2022,andDecember31, 2021:

June3O,2022JDecember31, 2021 Ameren Missouri Ameren IllinoisfAmeren Missouri Ameren Illinois Incometaxespayabletoparent(a)82j$ $ 8 Incometaxesreceivable fromparent(b)45[27 18 (a)Included inAccounts payable affiliates onthebalancesheet.

(b)Included inAccounts receivable affiliates onthebalancesheet EffectsofRelated-party Transactions ontheStatement ofIncome Thefollowing tablepresents theimpactonAmeren Missouri andAmeren Illinoisofrelated-party transactions forthethreeandsixmonths endedJune30,2022and2021:

ThreeMonths SixMonths IncomeStatement Ameren Ameren Ameren AmerenAgreement LineItem Missouri Illinois Missouri Illinois Ameren Missouri powersupply Operating Revenues 2022$ I$ (a)$ 5$ (a) agreements withAmeren Illinois 2021 3 (a) 5 (a)

Ameren MissouriandAmeren Illinois Operating Revenues 2022$ 6$ (b)$ 12$ (b) rentandfacilityservices 2021 7 (b) 14 (b)

Ameren Missouri andAmeren Illinoismiscellaneous Operating Revenues 2022$ (b)$ (b)$ (b)$ I supportservices andotherservices provided toAIXI 2021 (b) 2 (b) 2 TotalOperating Revenues 2022$ 7$ (b)$ 17$ I 2021 10 2 19 2 Ameren Illinoispowersupply Purchased Power 2022$ (a)$ I$ (a)$ 5 agreements withAmeren Missouri 2021 (a) 3 (a) 5 Ameren MissouriandAmeren Illinois Purchased Power 2022$ (b)$ (b)$ (b)$ (b) transmission services fromATXI 2021 1 1 2 1 TotalPurchased Power 2022$ (b)$ I$ (b)$ 5 2021 1 4 2 6 Ameren Missouri andAmeren Illinois OtherOperations andMaintenance 2022$ (b)$ (b)$ (b)$ I rentandfacilityservices 2021 (b) I (b) 2 AmerenServices supportservices OtherOperations andMaintenance 2022$ 33$ 32$ 71$ 67 agreement 2021 34 31 69 64 TotalOtherOperations and 2022$ 33$ 32$ 71$ 68 Maintenance 2021 34 32 69 66 Moneypoolborrowings (advances) (InterestCharges)IOther Income, Net 2022$ (b)$ (b)$ (b)$ (b) 2021 (b) (b) (b) (b)

(a)Notapplicable.

(b)Amountlessthan$1million.

NOTE9-COMMITMENTS ANDCONTINGENCIES Weareinvolved inlegal,tax,andregulatory proceedings beforevariouscourts,regulatory commissions, authorities, andgovernmental agencies withrespecttomattersthatariseintheordinarycourseofbusiness, someofwhichinvolvesubstantial amounts ofmoney.Webelieve thatthefinaldisposition oftheseproceedings, exceptasotherwise disclosed inthenotestoourfinancialstatements inthisreportandinthe Form10-K,willnothaveamaterialadverseeffectonourresultsofoperations, financial position, orliquidity.

Reference ismadetoNoteISummary ofSignificant Accounting Policies, Note2RateandRegulatory Matters, Note9Callaway EnergyCenter,Note13Related-party Transactions, andNote14Commitments andContingencies underPartII,Item8,oftheForm10-K.

SeealsoNoteISummary ofSignificantAccounting Policies, Note2RateandRegulatory Matters, Note8Related-party Transactions, and Note10Callaway EnergyCenterofthisreport.

28

OtherIncome, Net (a)ncludes$4millionand$2millionatAmeren Transmission inthethreemonthsendedJune30,2022and2021,respectively.IAmeren MissouriArneren IllinoisNaturalOther/Intersegment Eliminations IAmereniNinois Electnc rAmerenTransmission Otherincome, net,increased $13millioninthethreemonthsendedJune30,2022,compared withtheyear-ago period,primarily because of increases inthenon-service costcomponent ofnetperiodicbenefitincomeof$5million,$5million,and$2millionatAmeren IllinoisElectric Distribution, activitynotreportedaspartofasegment, andAmeren IllinoisNaturalGas,respectively. OtherIncome,net,increased $27millionin thesixmonthsendedJune30,2022,compared withtheyear-ago period,primarily because ofincreases inthenon-service costcomponent of netperiodicbenefitincome of$1Omillion,$9million,and$4millionforAmeren IllinoisElectricDistribution, activitynotreported aspartofa segment, andAmeren IllinoisNaturalGas,respectively.

SeeNote5OtherIncome, Net,underPartI,ItemI,ofthisreportforadditional information. SeeNoteIIRetirement Benefitsunder PartI,ItemI,ofthisreportformoreinformation onthenon-service costcomponents ofnetperiodicbenefitincome.Increase bySegment OverallAmeren Increase of$13Million (QTDY0Y)OverallAmeren Increase of$27Million (YTDY0Y)

$15

$4 U) 0$4$140

$120

$100

$80

$60

$40

$20

$0$5

$4I

$3

$2$12TotalbySegment(a)

$122

$62 $49 QIDQIDYTDYID 2022202120222021$12

$1

$0 58