APS 2015 Annual Report Download - page 163

Table of Contents
PINNACLE WEST CAPITAL CORPORATION HOLDING COMPANY
SCHEDULE I — CONDENSED FINANCIAL INFORMATION OF REGISTRANT
CONDENSED BALANCE SHEETS
(dollars in thousands)
December 31,
2015
2014
ASSETS
Current assets
Cash and cash equivalents $ 17,432
$ 3,088
Accounts receivable 93,093
99,958
Current deferred income taxes —
66,979
Income tax receivable 14,895
7,329
Other current assets 197
124
Total current assets 125,617
177,478
Investments and other assets
Investments in subsidiaries 4,815,236
4,630,570
Deferred income taxes 41,065
—
Other assets 43,422
43,051
Total investments and other assets 4,899,723
4,673,621
Total Assets $ 5,025,340
$ 4,851,099
LIABILITIES AND EQUITY
Current liabilities
Accounts payable $ 5,901
$ 5,250
Accrued taxes 6,904
12,220
Common dividends payable 69,363
65,790
Other current liabilities 33,120
38,992
Total current liabilities 115,288
122,252
Long-term debt less current maturities 125,000
125,000
Deferred credits and other
Deferred income taxes —
12,055
Pension liabilities 21,933
29,228
Other 43,662
43,462
Total deferred credits and other 65,595
84,745
Common stock equity
Common stock 2,535,862
2,509,569
Accumulated other comprehensive loss (44,748)
(68,141)
Retained earnings 2,092,803
1,926,065
Total Pinnacle West Shareholders’ equity 4,583,917
4,367,493
Noncontrolling interests 135,540
151,609
Total Equity 4,719,457
4,519,102
Total Liabilities and Equity $ 5,025,340
$ 4,851,099
See Combined Notes to Consolidated Financial Statements.
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