Finance Questions? Ask a Financial Expert for Answers ASAP
Are you looking at Entergy Corporation's balance sheet and want to know where the stock investments are listed or are you preparing a balance sheet?
Hang on, this is a public company, let me see if I can find the most recent financial statements or annual report
It does not look to me like they are holding any other companies stock as of 12/31/2012.
See the annual report here, page 52 - http://investor.shareholder.com/entergy/InvestorKit.cfm
Temporary Cash investments may have some holdings of other company's stock but it won't be shown on the balance sheet.
Note that they do list investments in affiliates at equity of 46,738. I'll see if there is anything further in the notes.
Also see page 58 and 59 of the report - "Investments" and "equity method of investments"
You won't actually know what the companies are called though because Entergy does not hold a greater than 50% ownership (i.e. control)
Does this provide the clarity you were looking for?
That's the one I am looking at correct
Are you referring to the equity section of the balance sheet? meaning where is the stock of the company itself reported?
There is generally never any interest income or expense associated with holding stock of another company.
Yes I am here. I need a little more clarity on what your question is exactly.
OK you will find that under "Other Property and Investments" on page 52 of the 2012 annual report
they don't really list the investments though
Also see detail to these numbers on page 58
no this is on the balance sheet.
on the income statement it would be called "Other Income"
There are three lines for it on this income statement "Allowance for equity funds used during construction"
"Interest and Investment Income"
Does that help?
no problem. Does it provide the clarity you needed?
Well if it doesn't you can always return to this thread and post any follow up questions. If I am not online I will respond within 24 hours.
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