APS 2012 Annual Report Download - page 196

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171
PINNACLE WEST CAPITAL CORPORATION HOLDING COMPANY
SCHEDULE I – CONDENSED FINANCIAL INFORMATION OF REGISTRANT
CONDENSED BALANCE SHEETS
(in thousands)
December 31,
2012
2011
ASSETS
Current assets
Cash and cash equivalents
$ 22,679
$ 12,710
Customer and other receivables
92,906
62,418
Current deferred income taxes
77,771
19,068
Income tax receivable
3,350
1,804
Other current assets
25
55
Total current assets
196,731
96,055
Investments and other assets
Investments in subsidiaries
4,223,301
4,026,289
Deferred income taxes
--
27,220
Other assets
13,833
16,898
Total investments and other assets
4,237,134
4,070,407
Total Assets
$ 4,433,865
$ 4,166,462
LIABILITIES AND EQUITY
Current liabilities
Accounts payable
$ 5,735
$ 4,811
Accrued taxes
8,239
9,795
Common dividends payable
59,789
--
Other current liabilities
41,000
28,295
Total current liabilities
114,763
42,901
Long-term debt less current maturities
125,000
125,000
Deferred credits and other
Deferred income taxes
17,395
--
Pension and other postretirement liabilities
41,199
32,513
Other
33,219
35,462
Total deferred credits and other
91,813
67,975
Common stock equity
Common stock
2,462,712
2,439,530
Accumulated other comprehensive loss
(114,008)
(152,163)
Retained earnings
1,624,102
1,534,483
Total Pinnacle West Shareholders’ equity
3,972,806
3,821,850
Noncontrolling interests
129,483
108,736
Total Equity
4,102,289
3,930,586
Total Liabilities and Equity
$ 4,433,865
$ 4,166,462
See Notes to Pinnacle West’s Consolidated Financial Statements.