APS 2013 Annual Report Download - page 59
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Table of Contents
The following table presents net income attributable to common shareholders by business segment compared with the prior year:
Year Ended
December 31,
2013 2012 Net Change
(dollars in millions)
Regulated Electricity Segment:
Operating revenues less fuel and purchased power expenses $2,356 $2,299 $57
Operations and maintenance (925) (885) (40)
Depreciation and amortization (416)(404)(12)
Taxes other than income taxes (164)(159) (5)
Other income (expenses), net 11 6 5
Interest charges, net of allowance for borrowed funds used during
construction (187)(200)13
Income taxes (232)(237) 5
Less income related to noncontrolling interests (Note 19) (34)(32)(2)
Regulated electricity segment net income 409 388 21
All other (3) — (3)
Income from Continuing Operations Attributable to Common Shareholders 406 388 18
Loss from Discontinued Operations Attributable to Common Shareholders
(a) — (6) 6
Net Income Attributable to Common Shareholders $406 $382 $24
(a) Includes activities related to SunCor.
Operating revenues less fuel and purchased power expenses . Regulated electricity segment operating revenues less fuel and purchased power
expenses were $57 million higher for the year ended December 31, 2013 compared with the prior year. The following table summarizes the major components
of this change:
56