APS 2015 Annual Report Download - page 50
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Table of Contents
SELECTED FINANCIAL DATA
ARIZONA PUBLIC SERVICE COMPANY – CONSOLIDATED
2015
2014
2013
2012
2011
(dollars in thousands)
OPERATING RESULTS
Electric operating revenues
$ 3,492,357
$ 3,488,946
$ 3,451,251
$ 3,293,489
$ 3,237,241
Fuel and purchased power costs
1,101,298
1,179,829
1,095,709
994,790
1,009,464
Other operating expenses
1,779,075
1,716,325
1,733,677
1,693,170
1,673,394
Operating income
611,984
592,792
621,865
605,529
554,383
Other income
33,332
36,358
20,797
16,358
24,974
Interest expense — net of allowance for
borrowed funds
176,109
181,830
183,801
194,777
215,584
Net income
469,207
447,320
458,861
427,110
363,773
Less: Net income attributable to
noncontrolling interests
18,933
26,101
33,892
31,613
27,524
Net income attributable to common
shareholder
$ 450,274
$ 421,219
$ 424,969
$ 395,497
$ 336,249
BALANCE SHEET DATA (a)
Total assets
$ 14,982,182
$ 14,190,362
$ 13,359,517
$ 13,220,050
$ 13,011,056
Liabilities and equity:
Total equity
$ 4,814,794
$ 4,629,852
$ 4,454,874
$ 4,222,483
$ 4,051,406
Long-term debt less current maturities
3,337,391
2,881,573
2,649,604
3,051,596
2,872,872
Total capitalization
8,152,185
7,511,425
7,104,478
7,274,079
6,924,278
Current liabilities
1,424,708
1,532,464
1,580,847
1,043,087
1,322,714
Deferred credits and other
5,405,289
5,146,473
4,674,192
4,902,884
4,764,064
Total liabilities and equity
$ 14,982,182
$ 14,190,362
$ 13,359,517
$ 13,220,050
$ 13,011,056
(a) During the fourth quarter of 2015, we adopted the new accounting standard related to balance sheet presentation of debt issuance
costs. See further discussion in Note 2.
47