RECEIVABLES

12 Months Ended

Dec. 31, 2023

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



	December 31
	2023		2022
Evergy	(millions)
Customer accounts receivable - billed	$	2.6	$	8.9
Customer accounts receivable - unbilled	109.1		136.9
Other receivables	169.4		200.9
Allowance for credit losses	(24.2)		(31.4)
Total	$	256.9	$	315.3
Evergy Kansas Central

Customer accounts receivable - unbilled	39.9		71.4
Other receivables	143.5		194.9
Allowance for credit losses	(11.6)		(16.9)
Total	$	171.8	$	249.4
Evergy Metro

Customer accounts receivable - unbilled	27.2		25.5
Other receivables	35.7		21.6
Allowance for credit losses	(7.9)		(9.3)
Total	$	55.0	$	37.8

The Evergy Companies' other receivables as of December 31, 2023 and 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.


	December 31

	2023		2022
	(millions)
Evergy	$	61.5	$	113.0
Evergy Kansas Central	59.9		110.8
Evergy Metro	0.8		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	15.4		16.1
Write-offs	(33.3)		(28.8)
Recoveries of prior write-offs	10.7		11.2
Ending balance December 31	$	24.2	$	31.4
Evergy Kansas Central
Beginning balance January 1	$	16.9	$	13.0
Credit loss expense	7.7		13.1
Write-offs	(17.7)		(13.7)
Recoveries of prior write-offs	4.7		4.5
Ending balance December 31	$	11.6	$	16.9
Evergy Metro
Beginning balance January 1	$	9.3	$	13.3
Credit loss expense	5.0		1.7
Write-offs	(10.5)		(10.2)
Recoveries of prior write-offs	4.1		4.5
Ending balance December 31	$	7.9	$	9.3

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.


	December 31

	2023		2022
	(millions)
Evergy	$	342.0	$	359.0
Evergy Kansas Central	166.0		185.0
Evergy Metro	126.0		124.0

In February 2024, Evergy Kansas Central, Evergy Metro and Evergy Missouri West amended the terms of their receivable sale facilities, including extending the expiration of each receivable sale facility from 2024 to 2025. Prior to the amendment to Evergy Kansas Central's facility, it allowed for $185.0 million in aggregate outstanding principal amount of borrowings from mid-November through mid-July and then $200.0 million from mid-July through mid-November. Prior to the amendment to Evergy Metro's facility, it allowed for $130.0 million in aggregate outstanding principal amount of borrowings at any time. Prior to the amendment to Evergy Missouri West's facility, it allowed for $50.0 million in aggregate outstanding principal amount of borrowings from mid-November through mid-July and then $65.0 million from mid-July through mid-November.

Under the amended terms, effective in March 2024, Evergy Kansas Central's facility will allow up to $185.0 million in aggregate outstanding principal amount to be borrowed at any time. To the extent Evergy Kansas Central has qualifying accounts receivable and subject to the bank's discretion, Evergy Kansas Central's facility will allow for an additional $65.0 million in aggregate outstanding principal amount to be borrowed at any time. Evergy Metro's facility will allow up to $130.0 million in aggregate outstanding principal amount to be borrowed at any time. To the extent Evergy Metro has qualifying accounts receivable and subject to the bank's discretion, Evergy Metro's

facility will allow for an additional $70.0 million in aggregate outstanding principal amount to be borrowed at any time. Evergy Missouri West's facility will allow up to $50.0 million in aggregate outstanding principal amount to be borrowed at any time. To the extent Evergy Missouri West has qualifying accounts receivable and subject to the bank's discretion, Evergy Missouri West's facility will allow for an additional $65.0 million in aggregate outstanding principal amount to be borrowed at any time.