RECEIVABLES

3 Months Ended

Mar. 31, 2023

The Evergy Companies' receivables are detailed in the following table.


	March 31		December 31

	2023		2022
Evergy	(millions)
Customer accounts receivable - billed	$	4.7	$	8.9
Customer accounts receivable - unbilled	82.1		136.9
Other receivables	143.4		200.9
Allowance for credit losses	(22.9)		(31.4)
Total	$	207.3	$	315.3
Evergy Kansas Central
Customer accounts receivable - billed	$	—	$	—
Customer accounts receivable - unbilled	40.1		71.4
Other receivables	125.3		194.9
Allowance for credit losses	(12.1)		(16.9)
Total	$	153.3	$	249.4
Evergy Metro
Customer accounts receivable - billed	$	—	$	—
Customer accounts receivable - unbilled	6.8		25.5
Other receivables	30.4		21.6
Allowance for credit losses	(7.0)		(9.3)
Total	$	30.2	$	37.8

The Evergy Companies' other receivables at March 31, 2023 and December 31, 2022, consisted primarily of receivables from partners in jointly-owned electric utility plants, wholesale sales receivables and receivables related to alternative revenue programs. The Evergy Companies' other receivables also included receivables from contracts with customers as summarized in the following table.


	March 31		December 31

	2023		2022
	(millions)
Evergy	$	48.3	$	113.0
Evergy Kansas Central	44.3		110.8
Evergy Metro	2.7		1.3

The change in the Evergy Companies' allowance for credit losses is summarized in the following table.


	2023		2022
Evergy	(millions)
Beginning balance January 1	$	31.4	$	32.9
Credit loss expense (income)	(3.3)		(4.1)
Write-offs	(8.3)		(7.9)
Recoveries of prior write-offs	3.1		3.5
Ending balance March 31	$	22.9	$	24.4
Evergy Kansas Central
Beginning balance January 1	$	16.9	$	13.0
Credit loss expense (income)	(1.8)		(0.6)
Write-offs	(4.3)		(3.6)
Recoveries of prior write-offs	1.3		1.3
Ending balance March 31	$	12.1	$	10.1
Evergy Metro
Beginning balance January 1	$	9.3	$	13.3
Credit loss expense (income)	(0.8)		(2.4)
Write-offs	(2.7)		(2.9)
Recoveries of prior write-offs	1.2		1.5
Ending balance March 31	$	7.0	$	9.5

Sale of Accounts Receivable

Evergy Kansas Central, Evergy Metro and Evergy Missouri West sell an undivided percentage ownership interest in their retail electric accounts receivable to independent outside investors. These sales are accounted for as secured borrowings with accounts receivable pledged as collateral and a corresponding short-term collateralized note payable recognized on the balance sheets. The Evergy Companies' accounts receivable pledged as collateral and the corresponding short-term collateralized note payable are summarized in the following table.


	March 31		December 31

	2023		2022
	(millions)
Evergy	$	365.0	$	359.0
Evergy Kansas Central	185.0		185.0
Evergy Metro	130.0		124.0

Each receivable sale facility expires in 2024. Evergy Kansas Central's facility allows for $185.0 million in aggregate outstanding principal amount of borrowings from mid-October through mid-June and then $200.0 million

from mid-June through mid-October. Evergy Metro's facility allows for $130.0 million in aggregate outstanding principal amount of borrowings at any time. Evergy Missouri West's facility allows for $50.0 million in aggregate outstanding principal amount of borrowings from mid-November through mid-June and then $65.0 million from mid-June through mid-November.