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THE PINNACLE WEST CAPITAL CORPORATION SAVINGS PLAN
TABLE OF CONTENTS
 
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 1
FINANCIAL STATEMENTS:
Statements of Net Assets Available for Benefits as of December 31, 2014 and 2013 2
Statement of Changes in Net Assets Available for Benefits for the Year Ended December 31, 2014 3
Notes to Financial Statements 4-16
SUPPLEMENTAL SCHEDULE:
Form 5500, Schedule H: Part IV, Line 4i— Schedule of Assets (Held at End of Year) as of December 31, 2014 17-39
EXHIBITS FILED 40
SIGNATURE 41
NOTE: Supplemental schedules required by section 2520.103-10 of the Department of Labor’s Rules and Regulations for Reporting
and Disclosure under the Employee Retirement Income Security Act of 1974, other than the schedule listed above, are omitted because
of the absence of the conditions under which they are required.