APS 2012 Annual Report Download - page 97

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73
The tables below present contractual balances of our consolidated long-term and short-term debt
at the expected maturity dates as well as the fair value of those instruments on December 31, 2012 and
2011. The interest rates presented in the tables below represent the weighted-average interest rates as of
December 31, 2012 and 2011 (dollars in thousands):
Pinnacle West – Consolidated
Short-Term
Debt
Variable-Rate
Long-Term Debt
Fixed-Rate
Long-Term Debt
Interest
Interest
Interest
2012
Rates
Amount
Rates
Amount
Rates
Amount
2013
0.38%
$ 92,175
--
$ --
4.94%
$ 122,828
2014
--
--
--
--
5.58%
540,424
2015
--
--
1.07%
157,000
4.79%
313,420
2016
--
--
0.15%
43,580
6.15%
314,000
2017
--
--
--
--
--
--
Years thereafter
--
--
--
--
6.21%
1,840,150
Total
$ 92,175
$ 200,580
$ 3,130,822
Fair value
$ 92,175
$ 200,268
$ 3,674,958
Variable-Rate
Long-Term Debt
Fixed-Rate
Long-Term Debt
Interest
Interest
2011
Rates
Amount
Rates
Amount
2012
--
$ --
6.41%
$ 477,435
2013
--
--
4.94%
122,828
2014
--
--
5.91%
502,274
2015
1.79%
125,000
4.79%
313,420
2016
0.09%
43,580
6.15%
314,000
Years thereafter
--
--
6.49%
1,605,150
Total
$ 168,580
$ 3,335,107
Fair value
$ 167,018
$ 3,758,811
The tables below present contractual balances of APS’s long-term debt at the expected maturity
dates as well as the fair value of those instruments on December 31, 2012 and 2011. The interest rates
presented in the tables below represent the weighted-average interest rates as of December 31, 2012 and
2011 (dollars in thousands):