APS 2013 Annual Report Download - page 166

Table of Contents
ARIZONA PUBLIC SERVICE COMPANY
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
(dollars in thousands)
Year Ended December 31,
2013 2012 2011
COMMON STOCK $178,162 $178,162 $178,162
ADDITIONAL PAID-IN CAPITAL 2,379,696 2,379,696 2,379,696
RETAINED EARNINGS
Balance at beginning of year 1,624,237 1,510,740 1,403,390
Net income attributable to common shareholder 424,969 395,497 336,249
Dividends on common stock (244,800)(282,000)(228,900)
Other (8) — 1
Balance at end of year 1,804,398 1,624,237 1,510,740
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Balance at beginning of year (89,095)(125,591)(136,295)
Other comprehensive income attributable to common shareholder 35,723 36,496 10,704
Balance at end of year (53,372)(89,095)(125,591)
NONCONTROLLING INTERESTS
Balance at beginning of year 129,483 108,399 91,084
Net income attributable to noncontrolling interests 33,892 31,613 27,524
Net capital activities by noncontrolling interests (17,385) (10,529)(10,209)
Balance at end of year 145,990 129,483 108,399
TOTAL EQUITY $4,454,874 $4,222,483 $ 4,051,406
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDER
Net income attributable to common shareholder $424,969 $395,497 $ 336,249
Other comprehensive income 35,723 36,496 10,704
Total comprehensive income attributable to common shareholder $460,692 $ 431,993 $ 346,953
See Notes to Pinnacle West’s Consolidated Financial Statements and Supplemental Notes to APS’s Consolidated Financial Statements.
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