APS 2011 Annual Report Download - page 19

Download and view the complete annual report

Please find page 19 of the 2011 APS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 248

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248

(DOLLARS AND SHARES IN MILLIONS, EXCEPT PER SHARE AMOUNTS) 2011 2010 2009
STOCK SUMMARY
Stock price per share — year-end $ 48.18 $ 41.45 $ 36.58
Market capitalization — year-end $ 5,263 $ 4,509 $ 3,710
Common shares outstanding — year-end 109.2 108.8 101.4
PER SHARE HIGHLIGHTS (DILUTED)
Earnings per share — continuing operations
attributable to common shareholders $ 2.99 $ 3.03 $ 2.34
Earnings per share — net income attributable
to common shareholders $ 3.09 $ 3.27 $ 0.67
Indicated annual dividend — year-end $ 2.10 $ 2.10 $ 2.10
CAPITAL EXPENDITURES $ 885 $ 670 $ 745
OPERATING STATISTICS
Retail electric sales (GWh) 28,210 27,70 9 28,173
Total electric sales (GWh) 31,655 31,860 32,285
Average retail revenue (per kWh) 10.61 ¢ 10.63 ¢ 10.52 ¢
Generating capacity owned — year-end (MW) 6,343 6,293 6,288
Generation output (GWh) 2 7, 0 5 5 26,828 27,3 74
System peak load (MW) 7, 0 87 6,936 7,218
Electric customers — year-end 1,130,443 1,121,990 1,117,247
Employees — year-end 6,663 6,740 7,200
STOCK PERFORMANCE COMPARISON
Value of $100 Invested as of December 31, 2006, with Dividends Reinvested
2006 2007 2008 2009 2010 2011
$175
$150
$125
$100
$75
$50
$0
$100
$100
$100
$71
$86
$67
$86
$96
$84
$103
$102
$97
$126
$123
$99
$88
$117
$105
PINNACLE
WEST
COMMON
WEST
STOCK
EDISON
ELECTRIC
INSTITUTE
INDEX
S
&
P
500
INDEX
PINNACLE WEST HIGHLIGHTS / 17