APS 2013 Annual Report Download - page 183

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Table of Contents
Note 16 of the Notes to Consolidated Financial Statements for additional information regarding these plans.
Equity Compensation Plans Not Approved by Security Holders
The Company does not have any equity compensation plans under which shares can be issued that have not been approved by the shareholders.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED
TRANSACTIONS, AND DIRECTOR INDEPENDENCE
Reference is hereby made to “Information About Our Board and Corporate Governance” and “Related Party Transactions” in the 2014 Proxy
Statement.
ITEM 14. PRINCIPAL ACCOUNTANT
FEES AND SERVICES
Pinnacle West
Reference is hereby made to “Accounting and Auditing Matters — Audit Fees and — Pre-Approval Policies” in the 2014 Proxy Statement.
APS
The following fees were paid to APS’s independent registered public accountants, Deloitte & Touche LLP, for the last two fiscal years:
Type of Service 2012 2013
Audit Fees (1) $1,659,087 $1,859,270
Audit-Related Fees (2) 174,310 189,990
Tax Fees (3) —28,000
(1) The aggregate fees billed for services rendered for the audit of annual financial statements and for review of financial statements included
in Reports on Form 10-Q.
(2) The aggregate fees billed for assurance services that are reasonably related to the performance of the audit or review of the financial
statements that are not included in Audit Fees reported above, which primarily consist of fees for employee benefit plan audits performed in
2013 and 2012.
(3) The aggregate fees billed primarily related to tax compliance and tax planning.
Pinnacle West’s Audit Committee pre-approves each audit service and non-audit service to be provided by APS’s registered public accounting firm.
The Audit Committee has delegated to the Chair of the Audit Committee the authority to pre-approve audit and non-audit services to be performed by the
independent public accountants if the services are not expected to cost more than $50,000. The Chair must report any pre-approval decisions to the Audit
Committee at its next scheduled meeting. All of the services performed by Deloitte & Touche LLP for APS in 2013 were pre-approved by the Audit Committee
or the Chair of the Audit Committee consistent with the pre-approval policy.
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