Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Bad
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New words:
Admin, Alliance, American, anguish, antidumping, Asia, attention, baseline, beauty, began, Beryl, bringing, Cambodia, center, CEOH, CEP, clarification, Code, codified, command, conclusion, confirm, contact, Deceptive, destructive, document, duty, Eighty, ELG, Entry, errata, excused, formal, fraud, gave, Governor, hurricane, IL, incident, interpretation, interruption, landfall, language, Malaysia, medical, mental, microgrid, migration, mutual, NextEra, NYSE, OCC, opportunity, peaking, percent, personnel, photovoltaic, preliminarily, rain, reserved, scale, se, silicon, street, stretching, sudden, Tex, Thailand, therefrom, threat, torrential, unfair, unlawful, unopposed, Vietnam
Removed:
attempting, breakdown, domestic, hear, jurisdictional, lead, long, lump, manufacturer, netting, proceeded, repaid, schedule, undisputed, VEDO
Financial report summary
?Management Discussion
- Net Income. CenterPoint Energy reported income available to common shareholders of $867 million for 2023 compared to income available to common shareholders of $1,008 million for 2022.
- •a decrease in income available to common shareholders of $233 million for Corporate and Other, primarily due to a pre-tax net gain of $86 million on the sale of Energy Transfer equity securities in 2022 further discussed in Note 11 to the consolidated financial statements, partially offset by $45 million of costs associated with early redemption of long-term debt in first quarter 2022. The decrease is also due to a loss on sale of $13 million and current tax expense of $32 million related to the divestiture of Energy Systems Group further discussed in Note 4 to the consolidated financial statements, as well as $19 million due to remeasurement of deferred income tax balances. The remaining variance is due largely to an increase in borrowing costs.
- Net Income. CenterPoint Energy reported income available to common shareholders of $1,008 million for 2022 compared to income available to common shareholders of $1,391 million for 2021.