Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — FY2022 Earnings Presentation
8 slides from Alliant Energy's earnings presentation, Feb 24, 2023
Slide 1: Alliant Energy Corporation 2022 Year End Earnings Call
Alliant Energy Corporation 2022 Year End Earnings Call February 24, 2023
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements The information regarding forecasted earnings per share, forecasted effective income tax rates, forecasted financing plans and regulatory plans contain forward-looking statements. Actual results could differ materially because the realization of those
Slide 3: 2022 Accomplishments
2022 Accomplishments Consistency Delivered Delivered 5-7% growth for the 13th consecutive year Dividend growth for the 20th consecutive year ESG Leadership ESG ratings in the top quartile for utilities from MSCI & Sustainalytics Advancing development of 1.5 GW of solar investments; Place
Slide 4: Consistent earnings growth
Consistent earnings growth Delivered on 5-7% growth for the 13th consecutive year Consistently meeting earnings guidance Consistently achieving 5-7% earnings and dividends growth 2023: $2.82-$2.96 Guidance Range Adjusted EPS ~6% CAGR over the past 10 years 2022: $2.73 Adjusted EPS Dividends ~6% CAGR
Slide 5: Financial Highlights: 2022 Full Year Results
Financial Highlights: 2022 Full Year Results $2.73 GAAP EPS in line with guidance; $2.73 Adjusted EPS is 6% growth over 2021 GAAP Earnings Drivers: GAAP EPS Adjusted EPS + Revenue requirements and higher AFUDC from WPL investments + Higher electric and gas margins $2.73 $2.73 – Higher financing expe
Slide 6: 2023 Guidance and Assumptions
2023 Guidance and Assumptions 2023 Midpoint of $2.89 EPS represents 6% growth from 2022 $2.89 $2.73 Earnings Drivers: Key Assumptions: + Earnings from WPL capital investments • Ability of IPL and WPL to earn their authorized rates of return + Lower utility O&M expense • Stable economy and resulting
Slide 7: Key Regulatory Initiatives
Key Regulatory Initiatives 2023 regulatory initiatives focused on renewable investments and rate reviews In Progress: IPL – Advance ratemaking filing for 400 MW of Solar and 75 MW of battery storage (RPU-2021-0003) ‒ Submitted evidence to IUB to demonstrate the 200 MW at Duane Arnold location are
Slide 8: GAAP to Non-GAAP EPS Reconciliation
GAAP to Non-GAAP EPS Reconciliation 2014 2015 2016 2017 2018 2019 2020 2021 2022 GAAP EPS from continuing operations $1.74 $1.69 $1.65 $1.99 $2.19 $2.33 $2.47 $2.63 $2.73 • Temperature impacts (0.04) 0.04 0.00 0.06 (0.06) (0.05) (0.01) (0.05) (0.07) Non-GAAP adjustments: • Losses from sales of Minne