APS 2013 Annual Report Download - page 50
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Table of Contents
ITEM 6. SELECTED FINANCIAL DATA
PINNACLE WEST CAPITAL CORPORATION – CONSOLIDATED
2013 2012 2011 2010 2009
(dollars in thousands, except per share amounts)
OPERATING RESULTS
Operating revenues $3,454,628 $3,301,804 $ 3,241,379 $ 3,189,199 $3,153,656
Income from continuing operations $439,966 $418,993 $355,634 $344,851 $256,048
Income (loss) from discontinued operations – net of
income taxes (a) —(5,829)11,306 25,358 (183,284)
Net income 439,966 413,164 366,940 370,209 72,764
Less: Net income attributable to noncontrolling interests 33,892 31,622 27,467 20,156 4,434
Net income attributable to common shareholders $406,074 $ 381,542 $ 339,473 $350,053 $68,330
COMMON STOCK DATA
Book value per share – year-end $38.07 $36.20 $34.98 $33.86 $32.69
Earnings per weighted-average common share outstanding:
Continuing operations attributable to common
shareholders – basic $3.69 $3.54 $3.01 $3.05 $2.34
Net income attributable to common shareholders –
basic $3.69 $3.48 $3.11 $3.28 $ 0.68
Continuing operations attributable to common
shareholders – diluted $3.66 $3.50 $2.99 $3.03 $2.34
Net income attributable to common shareholders –
diluted $3.66 $3.45 $3.09 $3.27 $ 0.67
Dividends declared per share $2.23 $2.67 $2.10 $2.10 $2.10
Weighted-average common shares outstanding – basic 109,984,160 109,510,296 109,052,840 106,573,348 101,160,659
Weighted-average common shares outstanding – diluted 110,805,943 110,527,311 109,864,243 107,137,785 101,263,795
BALANCE SHEET DATA
Total assets $13,508,686 $13,379,615 $13,111,018 $12,392,998 $12,035,253
Liabilities and equity:
Current liabilities $1,618,644 $ 1,083,542 $ 1,342,705 $ 1,449,704 $1,279,288
Long-term debt less current maturities 2,796,465 3,199,088 3,019,054 3,045,794 3,496,524
Deferred credits and other 4,753,117 4,994,696 4,818,673 4,122,274 3,831,437
Total liabilities 9,168,226 9,277,326 9,180,432 8,617,772 8,607,249
Total equity 4,340,460 4,102,289 3,930,586 3,775,226 3,428,004
Total liabilities and equity $13,508,686 $13,379,615 $13,111,018 $12,392,998 $12,035,253
(a) Amounts primarily related to SunCor and APSES discontinued operations (see Note 1).
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