APS 2012 Annual Report Download - page 72

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48
ITEM 6. SELECTED FINANCIAL DATA
PINNACLE WEST CAPITAL CORPORATION – CONSOLIDATED
2012
2011
2010
2009
2008
OPERATING RESULTS
(dollars in thousands, except per share amounts)
Operating revenues:
Regulated electricity
$ 3,293,481
$ 3,237,194
$ 3,180,678
$ 3,149,187
$ 3,127,383
Marketing and trading
--
--
--
--
66,897
Other revenues
8,323
4,185
8,521
4,469
2,253
Total operating revenues
$ 3,301,804
$ 3,241,379
$ 3,189,199
$ 3,153,656
$ 3,196,533
Income from continuing operations
$ 418,993
$ 355,634
$ 344,851
$ 256,048
$ 277,366
Income (loss) from discontinued operations
– net of income taxes (a)
(5,829)
11,306
25,358
(183,284)
(17,746)
Net income
413,164
366,940
370,209
72,764
259,620
Less: Net income attributable to
noncontrolling interests
31,622 27,467 20,156 4,434 17,495
Net income attributable to common
shareholders
$ 381,542 $ 339,473 $ 350,053 $ 68,330 $ 242,125
COMMON STOCK DATA
Book value per share – year-end
$ 36.20
$ 34.98
$ 33.86
$ 32.69
$ 34.16
Earnings per weighted-average
common share outstanding:
Continuing operations attributable to
common shareholders – basic
$ 3.54
$ 3.01
$ 3.05
$ 2.34
$ 2.58
Net income attributable to common
shareholders – basic
$ 3.48
$ 3.11
$ 3.28
$ 0.68
$ 2.40
Continuing operations attributable to
common shareholders – diluted
$ 3.50
$ 2.99
$ 3.03
$ 2.34
$ 2.57
Net income attributable to common
shareholders – diluted
$ 3.45
$ 3.09
$ 3.27
$ 0.67
$ 2.40
Dividends declared per share
$ 2.67
$ 2.10
$ 2.10
$ 2.10
$ 2.10
Weighted-average common shares
outstanding – basic
109,510,296
109,052,840
106,573,348
101,160,659
100,690,838
Weighted-average common shares
outstanding – diluted
110,527,311
109,864,243
107,137,785
101,263,795
100,964,920
BALANCE SHEET DATA
Total assets
$ 13,379,615
$ 13,111,018
$ 12,392,998
$ 12,035,253
$ 11,780,876
Liabilities and equity:
Current liabilities
$ 1,083,542
$ 1,342,705
$ 1,449,704
$ 1,279,288
$ 1,582,661
Long-term debt less current maturities
3,199,088
3,019,054
3,045,794
3,496,524
3,183,386
Deferred credits and other
4,994,696
4,818,673
4,122,274
3,831,437
3,443,860
Total liabilities
9,277,326
9,180,432
8,617,772
8,607,249
8,209,907
Total equity
4,102,289
3,930,586
3,775,226
3,428,004
3,570,969
Total liabilities and equity
$ 13,379,615
$ 13,111,018
$ 12,392,998
$ 12,035,253
$ 11,780,876
(a) Amounts primarily related to SunCor and APSES discontinued operations (see Note 21).