APS 2015 Annual Report Download - page 162
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Table of Contents
PINNACLE WEST CAPITAL CORPORATION HOLDING COMPANY
SCHEDULE I — CONDENSED FINANCIAL INFORMATION OF REGISTRANT
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME
(dollars in thousands)
Year Ended December 31,
2015
2014
2013
Operating revenues $ 550
$ 642
$ 799
Operating expenses 12,733
23,507
24,930
Operating loss (12,183)
(22,865)
(24,131)
Other
Equity in earnings of subsidiaries 446,508
411,528
420,926
Other expense (3,302)
(3,276)
(1,999)
Total 443,206
408,252
418,927
Interest expense 2,672
3,663
3,226
Income before income taxes 428,351
381,724
391,570
Income tax benefit (8,906)
(15,871)
(14,504)
Net income attributable to common shareholders 437,257
397,595
406,074
Other comprehensive income — attributable to common shareholders 23,393
9,912
35,955
Total comprehensive income — attributable to common shareholders $ 460,650
$ 407,507
$ 442,029
See Combined Notes to Consolidated Financial Statements.
157