Exhibit 99.2
STATEMENT ON USES AND USEFULNESS OF NON-GAAP FINANCIAL MEASURES
Exhibit 99.1 to this Report on Form 8-K (the "Pre-Release") contains the non-GAAP financial measure of operational earnings per share. Operational earnings per share is not calculated in accordance with GAAP because it excludes the impact of "special items." Special items reflect the impact on earnings of events that are less routine, are related to prior periods, or are related to discontinued businesses. Management believes the discussion of operational earnings provides useful information to investors in evaluating the ongoing results of Entergy's businesses and assists investors in comparing the company's operating performance to the operating performance of others in the energy sector. Entergy management frequently references operational earnings in its decision-making, using that measure to facilitate historical and ongoing performance comparisons as well as comparisons to the performance of peer companies.
In its Pre-Release, Entergy has not provided quantitative reconciliations of operational earnings per share to the most directly comparable GAAP financial measures because for the periods covered in the Pre-Release they are identical due to the absence of special items in those periods.
Non-GAAP information should not be relied upon to the exclusion of GAAP financial measures. Non-GAAP information reflects an additional way of viewing aspects of our operations that, when viewed with GAAP results and the accompanying reconciliations to corresponding GAAP financial measures, may provide a more complete understanding of factors and trends affecting our business. Investors are strongly encouraged to review our consolidated financial statements and publicly filed reports in their entirety and to not rely on any single financial measure. Non-GAAP information is not standardized; therefore, it may not be possible to compare this information with other companies' non-GAAP financial measures having the same or similar names