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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 2024
or
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from _______to_______
evergylogoa14.jpg
 Exact name of registrant as specified in its charter, 
Commissionstate of incorporation, address of principalI.R.S. Employer
File Numberexecutive offices and telephone numberIdentification Number
   
001-38515EVERGY, INC.82-2733395
(a Missouri corporation)
1200 Main Street
Kansas City, Missouri 64105
(816) 556-2200
  
001-03523EVERGY KANSAS CENTRAL, INC.48-0290150
(a Kansas corporation)
818 South Kansas Avenue
Topeka, Kansas 66612
(785) 575-6300
000-51873EVERGY METRO, INC.44-0308720
(a Missouri corporation)
1200 Main Street
Kansas City, Missouri 64105
(816) 556-2200
      Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Evergy, Inc. common stockEVRGThe Nasdaq Stock Market LLC


Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
Evergy, Inc.YesxNo
Evergy Kansas Central, Inc.YesxNo
Evergy Metro, Inc.YesxNo
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Evergy, Inc.YesxNo
Evergy Kansas Central, Inc.YesxNo
Evergy Metro, Inc.YesxNo
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
Evergy, Inc.Large Accelerated FilerxAccelerated FilerNon-accelerated FilerSmaller Reporting CompanyEmerging Growth Company
Evergy Kansas Central, Inc.Large Accelerated FilerAccelerated FilerNon-accelerated FilerxSmaller Reporting CompanyEmerging Growth Company
Evergy Metro, Inc.Large Accelerated FilerAccelerated FilerNon-accelerated FilerxSmaller Reporting CompanyEmerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Evergy, Inc.
Evergy Kansas Central, Inc.
Evergy Metro, Inc.
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).
Evergy, Inc.YesNox
Evergy Kansas Central, Inc.YesNox
Evergy Metro, Inc.YesNox
On May 3, 2024, Evergy, Inc. had 229,929,116 shares of common stock outstanding.  On May 3, 2024, Evergy Metro, Inc. and Evergy Kansas Central, Inc. each had one share of common stock outstanding and held by Evergy, Inc.
Evergy Kansas Central, Inc. and Evergy Metro, Inc. meet the conditions set forth in General Instruction (H)(1)(a) and (b) of Form 10-Q and are therefore filing this Form 10-Q with the reduced disclosure format.
This combined Quarterly Report on Form 10-Q is provided by the following registrants: Evergy, Inc. (Evergy), Evergy Kansas Central, Inc. (Evergy Kansas Central) and Evergy Metro, Inc. (Evergy Metro) (collectively, the Evergy Companies). Information relating to any individual registrant is filed by such registrant solely on its own behalf. Each registrant makes no representation as to information relating exclusively to the other registrants.
This report should be read in its entirety.  No one section of the report deals with all aspects of the subject matter.  It should be read in conjunction with the consolidated financial statements and related notes and with the management's discussion and analysis of financial condition and results of operations included in the annual report on Form 10-K for the fiscal year ended December 31, 2023 for each of Evergy, Evergy Kansas Central and Evergy Metro (2023 Form 10-K).


TABLE OF CONTENTS
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Item 3.
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Item 1A.
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CAUTIONARY STATEMENTS REGARDING CERTAIN FORWARD-LOOKING INFORMATION
Statements made in this document that are not based on historical facts are forward-looking, may involve risks and uncertainties, and are intended to be as of the date when made. Forward-looking statements include, but are not limited to, statements relating to Evergy's strategic plan, including, without limitation, those related to earnings per share, dividend, operating and maintenance expense and capital investment goals; the outcome of legislative efforts and regulatory and legal proceedings; future energy demand; future power prices; plans with respect to existing and potential future generation resources; the availability and cost of generation resources and energy storage; target emissions reductions; and other matters relating to expected financial performance or affecting future operations. Forward-looking statements are often accompanied by forward-looking words such as "anticipates," "believes," "expects," "estimates," "forecasts," "should," "could," "may," "seeks," "intends," "proposed," "projects," "planned," "target," "outlook," "remain confident," "goal," "will" or other words of similar meaning. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from the forward-looking information.
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the Evergy Companies are providing a number of risks, uncertainties and other factors that could cause actual results to differ from the forward-looking information. These risks, uncertainties and other factors include, but are not limited to: economic and weather conditions and any impact on sales, prices and costs; changes in business strategy or operations; the impact of federal, state and local political, legislative, judicial and regulatory actions or developments, including deregulation, re-regulation, securitization and restructuring of the electric utility industry; decisions of regulators regarding, among other things, customer rates and the prudency of operational decisions such as capital expenditures and asset retirements; changes in applicable laws, regulations, rules, principles or practices, or the interpretations thereof, governing tax, accounting and environmental matters, including air and water quality and waste management and disposal; the impact of climate change, including increased frequency and severity of significant weather events and the extent to which counterparties are willing to do business with, finance the operations of or purchase energy from the Evergy Companies due to the fact that the Evergy Companies operate coal-fired generation; prices and availability of electricity and natural gas in wholesale markets; market perception of the energy industry and the Evergy Companies; the impact of future pandemic health events on, among other things, sales, results of operations, financial position, liquidity and cash flows, and also on operational issues, such as supply chain issues and the availability and ability of the Evergy Companies' employees and suppliers to perform the functions that are necessary to operate the Evergy Companies; changes in the energy trading markets in which the Evergy Companies participate, including retroactive repricing of transactions by regional transmission organizations (RTO) and independent system operators; financial market conditions and performance, disruptions in the banking industry, including volatility in interest rates and credit spreads and in availability and cost of capital and the effects on derivatives and hedges, nuclear decommissioning trust and pension plan assets and costs; impairments of long-lived assets or goodwill; credit ratings; inflation rates; effectiveness of risk management policies and procedures and the ability of counterparties to satisfy their contractual commitments; impact of physical and cybersecurity breaches, criminal activity, terrorist attacks, acts of war and other disruptions to the Evergy Companies' facilities or information technology infrastructure or the facilities and infrastructure of third-party service providers on which the Evergy Companies rely; impact of geopolitical conflicts on the global energy market; ability to carry out marketing and sales plans; cost, availability, quality and timely provision of equipment, supplies, labor and fuel; impacts of tariffs; ability to achieve generation goals and the occurrence and duration of planned and unplanned generation outages; delays and cost increases of generation, transmission, distribution or other projects; the Evergy Companies' ability to manage their transmission and distribution development plans and transmission joint ventures; the inherent risks associated with the ownership and operation of a nuclear facility, including environmental, health, safety, regulatory and financial risks; workforce risks, including those related to the Evergy Companies' ability to attract and retain qualified personnel, maintain satisfactory relationships with their labor unions and manage costs of, or changes in, wages, retirement, health care and other benefits; disruption, costs and uncertainties caused by or related to the actions of individuals or entities, such as activist shareholders or special interest groups, that seek to influence Evergy's strategic plan, financial results or operations; the impact of changing expectations and demands of the Evergy Companies' customers, regulators, investors and stakeholders, including heightened emphasis on environmental, social and governance concerns; the possibility that strategic initiatives, including mergers, acquisitions and divestitures, and long-term financial plans, may not create the value that they
4

are expected to achieve in a timely manner or at all; difficulties in maintaining relationships with customers, employees, regulators or suppliers; and other risks and uncertainties.
This list of factors is not all-inclusive because it is not possible to predict all factors. You should also carefully consider the information contained in the Evergy Companies' other filings with the Securities and Exchange Commission (SEC). Additional risks and uncertainties are discussed from time to time in current, quarterly and annual reports filed by the Evergy Companies with the SEC. New factors emerge from time to time, and it's not possible for the Evergy Companies to predict all such factors, nor can the Evergy Companies assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained or implied in any forward-looking statement. Given these uncertainties, undue reliance should not be placed on these forward-looking statements. The Evergy Companies undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
AVAILABLE INFORMATION
The SEC maintains an internet site that contains reports, proxy and information statements and other information regarding issuers that file electronically with the SEC at sec.gov. Additionally, information about the Evergy Companies, including their combined annual reports on Form 10-K, combined quarterly reports on Form 10-Q, current reports on Form 8-K and amendments to those reports filed with the SEC, is also available through the Evergy Companies' website, http://investors.evergy.com. Such reports are accessible at no charge and are made available as soon as reasonably practical after such material is filed with or furnished to the SEC.
Investors should note that the Evergy Companies announce material financial information in SEC filings, press releases and public conference calls. In accordance with SEC guidelines, the Evergy Companies also use the Investor Relations section of their website, http://investors.evergy.com, to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on the Evergy Companies' website is not part of this document.
5

GLOSSARY OF TERMS 
The following is a glossary of frequently used abbreviations or acronyms that are found throughout this report.
Abbreviation or AcronymDefinition
  
AEP
American Electric Power Company, Inc.
AFUDC
Allowance for funds used during construction
AOCIAccumulated other comprehensive income
AROsAsset retirement obligations
CAAClean Air Act
CCNCertificate of Convenience and Necessity
CCRsCoal combustion residuals
CO2
Carbon dioxide
COLICorporate-owned life insurance
CSAPRCross-State Air Pollution
Dogwood
Dogwood Energy Center
ELGEffluent limitations guidelines
EPAEnvironmental Protection Agency
EPSEarnings per common share
ERISAEmployee Retirement Income Security Act of 1974, as amended
EvergyEvergy, Inc. and its consolidated subsidiaries
Evergy Board
Evergy Board of Directors
Evergy Companies
Evergy, Evergy Kansas Central, and Evergy Metro, collectively, which are individual registrants within the Evergy consolidated group
Evergy Kansas Central
Evergy Kansas Central, Inc., a wholly-owned subsidiary of Evergy, and its consolidated subsidiaries
Evergy Kansas South
Evergy Kansas South, Inc., a wholly-owned subsidiary of Evergy Kansas Central
Evergy Metro
Evergy Metro, Inc., a wholly-owned subsidiary of Evergy, and its consolidated subsidiaries
Evergy Missouri West
Evergy Missouri West, Inc., a wholly-owned subsidiary of Evergy
Evergy Missouri West Storm FundingEvergy Missouri West Storm Funding I, LLC
Evergy Transmission Company
Evergy Transmission Company, LLC
Exchange ActThe Securities Exchange Act of 1934, as amended
February 2021 winter weather eventSignificant winter weather event in February 2021 that resulted in extremely cold temperatures over a multi-day period across much of the central and southern United States
FERCFederal Energy Regulatory Commission
FMBsFirst Mortgage Bonds
GAAPGenerally Accepted Accounting Principles
GHG
Greenhouse gas
Great Plains EnergyGreat Plains Energy Incorporated
ITFIPInterstate Transport Federal Implementation Plans
ITSIPInterstate Transport State Implementation Plans
JEC
Jeffrey Energy Center
KCCState Corporation Commission of the State of Kansas
KDHEKansas Department of Health & Environment
6

Abbreviation or AcronymDefinition
kVKilovolt
MDNRMissouri Department of Natural Resources
MPSCPublic Service Commission of the State of Missouri
MWMegawatt
MWhMegawatt hour
NAAQSNational Ambient Air Quality Standards
NAVNet asset value
OCIOther comprehensive income
Prairie WindPrairie Wind Transmission, LLC, 50% owned by Evergy Kansas Central
RSURestricted share unit
RTORegional transmission organization
SECSecurities and Exchange Commission
SIPState implementation plan
SPPSouthwest Power Pool, Inc.
TCRTransmission congestion right
TDCTransmission delivery charge
TFRTransmission formula rate
Transource
Transource Energy, LLC and its subsidiaries, 13.5% owned by Evergy Transmission Company
VIEVariable interest entity
Wolf CreekWolf Creek Generating Station
7


PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS
EVERGY, INC.
Consolidated Balance Sheets
(Unaudited)
March 31December 31
 20242023
ASSETS(millions, except share amounts)
CURRENT ASSETS: 
Cash and cash equivalents$63.7 $27.7 
Receivables, net of allowance for credit losses of $18.5 and $24.2, respectively
175.3 256.9 
Accounts receivable pledged as collateral362.0 342.0 
Fuel inventory and supplies 800.7 776.2 
Income taxes receivable  11.5 
Regulatory assets, includes $15.2 and $ related to variable interest entity, respectively
330.1 292.1 
Prepaid expenses62.3 51.3 
Other assets32.4 31.4 
Total Current Assets1,826.5 1,789.1 
PROPERTY, PLANT AND EQUIPMENT, NET, includes $131.8 and $133.6 related to variable interest entity, respectively
23,945.7 23,728.7 
OTHER ASSETS:  
Regulatory assets, includes $306.5 and $ related to variable interest entity, respectively
1,758.6 1,795.3 
Nuclear decommissioning trust fund805.9 766.4 
Goodwill2,336.6 2,336.6 
Other583.0 560.0 
Total Other Assets5,484.1 5,458.3 
TOTAL ASSETS$31,256.3 $30,976.1 
The accompanying Notes to Unaudited Consolidated Financial Statements are an integral part of these statements.
8

EVERGY, INC.
Consolidated Balance Sheets
(Unaudited)
March 31December 31
 20242023
LIABILITIES AND EQUITY(millions, except share amounts)
CURRENT LIABILITIES:  
Current maturities of long-term debt, includes $11.5 and $ related to variable interest entity, respectively
$811.5 $800.0 
Commercial paper798.7 951.8 
Collateralized note payable362.0 342.0 
Accounts payable356.7 616.9 
Accrued taxes264.5 156.7 
Accrued interest177.0 134.2 
Regulatory liabilities152.7 183.0 
Asset retirement obligations42.6 40.3 
Accrued compensation and benefits56.8 74.5 
Other167.4 213.2 
Total Current Liabilities3,189.9 3,512.6 
LONG-TERM LIABILITIES:  
Long-term debt, net, includes $311.5 and $ related to variable interest entity, respectively
11,658.4 11,053.3 
Deferred income taxes2,117.2 2,097.9 
Unamortized investment tax credits168.2 170.0 
Regulatory liabilities2,522.1 2,542.5 
Pension and post-retirement liability475.4 464.1 
Asset retirement obligations1,169.7 1,162.8 
Other291.3 287.9 
Total Long-Term Liabilities18,402.3 17,778.5 
Commitments and Contingencies (Note 10)
EQUITY:
Evergy, Inc. Shareholders' Equity:
Common stock - 600,000,000 shares authorized, without par value
229,922,338 and 229,729,296 shares issued, stated value
7,235.0 7,234.9 
Retained earnings2,432.4 2,457.8 
Accumulated other comprehensive loss(28.3)(29.6)
Total Evergy, Inc. Shareholders' Equity9,639.1 9,663.1 
Noncontrolling Interests25.0 21.9 
Total Equity9,664.1 9,685.0 
TOTAL LIABILITIES AND EQUITY$31,256.3 $30,976.1 
The accompanying Notes to Unaudited Consolidated Financial Statements are an integral part of these statements.
9

EVERGY, INC.
Consolidated Statements of Comprehensive Income
(Unaudited)
Three Months Ended March 3120242023
(millions, except per share amounts)
OPERATING REVENUES$1,331.0 $1,296.8 
OPERATING EXPENSES:
Fuel and purchased power376.4 354.2 
SPP network transmission costs72.7 81.2 
Operating and maintenance231.5 216.3 
Depreciation and amortization276.1 263.4 
Taxes other than income tax114.1 102.4 
Total Operating Expenses1,070.8 1,017.5 
INCOME FROM OPERATIONS260.2 279.3 
OTHER INCOME (EXPENSE):
Investment earnings5.3 9.1 
Other income8.5 12.2 
Other expense(9.5)(21.3)
Total Other Income, Net4.3  
Interest expense133.2 123.1 
INCOME BEFORE INCOME TAXES
131.3 156.2 
Income tax expense7.3 12.4 
Equity in earnings of equity method investees, net of income taxes1.8 1.9 
NET INCOME125.8 145.7 
Less: Net income attributable to noncontrolling interests3.1 3.1 
NET INCOME ATTRIBUTABLE TO EVERGY, INC.$122.7 $142.6 
BASIC AND DILUTED EARNINGS PER AVERAGE COMMON SHARE OUTSTANDING ATTRIBUTABLE TO EVERGY, INC. (see Note 1)
Basic earnings per common share$0.53 $0.62 
Diluted earnings per common share$0.53 $0.62 
AVERAGE COMMON SHARES OUTSTANDING
Basic230.2 230.0 
Diluted230.4 230.3 
COMPREHENSIVE INCOME
NET INCOME$125.8 $145.7 
Derivative hedging activity
Reclassification to expenses, net of tax1.3 1.3 
Derivative hedging activity, net of tax1.3 1.3 
Total other comprehensive income1.3 1.3 
COMPREHENSIVE INCOME127.1 147.0 
Less:  Comprehensive income attributable to noncontrolling interest3.1 3.1 
COMPREHENSIVE INCOME ATTRIBUTABLE TO EVERGY, INC.$124.0 $143.9 
The accompanying Notes to Unaudited Consolidated Financial Statements are an integral part of these statements.
10

EVERGY, INC.
Consolidated Statements of Cash Flows
(Unaudited)
Three Months Ended March 3120242023
CASH FLOWS FROM (USED IN) OPERATING ACTIVITIES:(millions)
Net income$125.8 $145.7 
Adjustments to reconcile income to net cash from operating activities:
Depreciation and amortization276.1 263.4 
Amortization of nuclear fuel15.7 15.1 
Amortization of deferred refueling outage4.6 4.6 
Amortization of corporate-owned life insurance7.5 7.0 
Stock compensation3.9 4.8 
Net deferred income taxes and credits(11.0)2.7 
Allowance for equity funds used during construction(3.2)(2.7)
Payments for asset retirement obligations(4.4)(2.6)
Equity in earnings of equity method investees, net of income taxes(1.8)(1.9)
Income from corporate-owned life insurance(7.5)(8.6)
Other0.3 0.3 
Changes in working capital items:
Accounts receivable66.2 93.5 
Accounts receivable pledged as collateral(20.0)(6.0)
Fuel inventory and supplies(24.4)(51.0)
Prepaid expenses and other current assets(20.2)0.3 
Accounts payable(152.9)(197.8)
Accrued taxes119.3 107.8 
Other current liabilities(37.1)(3.2)
Changes in other assets(10.4)0.4 
Changes in other liabilities(9.2)(8.9)
Cash Flows from Operating Activities317.3 362.9 
CASH FLOWS FROM (USED IN) INVESTING ACTIVITIES:  
Additions to property, plant and equipment(618.6)(527.7)
Purchase of securities - trusts(19.5)(11.0)
Sale of securities - trusts14.8 7.6 
Investment in corporate-owned life insurance(4.1)(3.8)
Proceeds from investment in corporate-owned life insurance 41.5 42.1 
Other investing activities 2.7 (4.1)
Cash Flows used in Investing Activities(583.2)(496.9)
CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES:  
Short-term debt, net139.7 214.2 
Collateralized short-term borrowings, net20.0 6.0 
Proceeds from long-term debt326.1 393.7 
Retirements of long-term debt (300.0)
Borrowings against cash surrender value of corporate-owned life insurance0.6 0.6 
Repayment of borrowings against cash surrender value of corporate-owned life insurance(29.4)(32.5)
Cash dividends paid(147.7)(140.7)
Other financing activities(5.7)(4.1)
Cash Flows from Financing Activities303.6 137.2 
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH37.7 3.2 
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:
Beginning of period27.7 25.2 
End of period$65.4 $28.4 
The accompanying Notes to Unaudited Consolidated Financial Statements are an integral part of these statements.
11

EVERGY, INC.
Consolidated Statements of Changes in Equity
(Unaudited)
Evergy, Inc. Shareholders
Common stock sharesCommon stockRetained earningsAOCINon-controlling interestsTotal equity
(millions, except share amounts)
Balance as of December 31, 2022229,546,105 $7,219.7 $2,298.5 $(34.5)$9.6 $9,493.3 
Net income— — 142.6 — 3.1 145.7 
Issuance of stock compensation and reinvested dividends, net of tax withholding
130,594 (2.4)— — — (2.4)
Dividends declared on common stock ($0.6125 per share)
— — (140.7)— — (140.7)
Dividend equivalents declared— — (0.4)— — (0.4)
Stock compensation expense— 4.7 — — — 4.7 
Unearned compensation
Compensation expense recognized— 0.1 — — — 0.1 
Derivative hedging activity, net of tax— — — 1.3 — 1.3 
Other— 0.1 — — — 0.1 
Balance as of March 31, 2023229,676,699 $7,222.2 $2,300.0 $(33.2)$12.7 $9,501.7 
Balance as of December 31, 2023229,729,296 $7,234.9 $2,457.8 $(29.6)$21.9 $9,685.0 
Net income— — 122.7 — 3.1 125.8 
Issuance of stock compensation and reinvested dividends, net of tax withholding
193,042 (4.0)— — — (4.0)
Dividends declared on common stock ($0.6425 per share)
— — (147.7)— — (147.7)
Dividend equivalents declared— — (0.4)— — (0.4)
Stock compensation expense— 3.9 — — — 3.9 
Derivative hedging activity, net of tax— — — 1.3 — 1.3 
Other— 0.2 — — — 0.2 
Balance as of March 31, 2024229,922,338 $7,235.0 $2,432.4 $(28.3)$25.0 $9,664.1 
The accompanying Notes to Unaudited Consolidated Financial Statements are an integral part of these statements.
12

EVERGY KANSAS CENTRAL, INC.
Consolidated Balance Sheets
(Unaudited)
March 31December 31
 20242023
ASSETS(millions, except share amounts)
CURRENT ASSETS: 
Cash and cash equivalents$32.5 $9.2 
Receivables, net of allowance for credit losses of $9.0 and $11.6, respectively
125.6 171.8 
Related party receivables10.9 11.6 
Accounts receivable pledged as collateral182.0 166.0 
Fuel inventory and supplies422.4 411.9 
Income taxes receivable3.9 11.5 
Regulatory assets134.1 127.7 
Prepaid expenses29.2 22.9 
Other assets9.5 13.2 
Total Current Assets950.1 945.8 
PROPERTY, PLANT AND EQUIPMENT, NET, includes $131.8 and $133.6 related to variable interest entity, respectively
12,244.9 12,121.9 
OTHER ASSETS:  
Regulatory assets490.0 505.2 
Nuclear decommissioning trust fund375.9 365.1 
Other304.3 288.6 
Total Other Assets1,170.2 1,158.9 
TOTAL ASSETS$14,365.2 $14,226.6 
The disclosures regarding Evergy Kansas Central included in the accompanying Notes to Unaudited Consolidated Financial Statements are an integral part of these statements.
13

EVERGY KANSAS CENTRAL, INC.
Consolidated Balance Sheets
(Unaudited)
March 31December 31
 20242023
LIABILITIES AND EQUITY(millions, except share amounts)
CURRENT LIABILITIES:  
Commercial paper$261.5 $230.4 
Collateralized note payable182.0 166.0 
Accounts payable158.0 244.7 
Related party payables361.5 294.4 
Accrued taxes161.7 111.1 
Accrued interest96.3 79.7 
Regulatory liabilities80.6 104.1 
Asset retirement obligations24.0 22.2 
Accrued compensation and benefits29.9 37.6 
Other103.4 142.4 
Total Current Liabilities1,458.9 1,432.6 
LONG-TERM LIABILITIES:  
Long-term debt, net4,581.0 4,580.4 
Deferred income taxes850.6 844.2 
Unamortized investment tax credits55.3 56.2 
Regulatory liabilities1,414.3 1,432.4 
Pension and post-retirement liability261.1 256.3 
Asset retirement obligations581.1 577.1 
Other159.4 155.5 
Total Long-Term Liabilities7,902.8 7,902.1 
Commitments and Contingencies (Note 10)
EQUITY: 
Evergy Kansas Central, Inc. Shareholder's Equity:  
Common stock - 1,000 shares authorized, $0.01 par value, 1 share issued
2,737.6 2,737.6