APS 2015 Annual Report Download - page 81
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Table of Contents
PINNACLE WEST CAPITAL CORPORATION
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(dollars in thousands)
Year Ended December 31,
2015
2014
2013
NET INCOME $ 456,190
$ 423,696
$ 439,966
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX
Derivative instruments:
Net unrealized loss, net of tax benefit (expense) of $(342), $(438), and $140 (Note 16) (957)
(810)
(213)
Reclassification of net realized loss, net of tax benefit of $1,801, $7,932 and $17,472
(Note 16) 4,187
13,483
26,747
Pension and other postretirement benefits activity, net of tax (expense) benefit of $(13,302),
$1,307, and $(6,156) (Note 7) 20,163
(2,761)
9,421
Total other comprehensive income 23,393
9,912
35,955
COMPREHENSIVE INCOME 479,583
433,608
475,921
Less: Comprehensive income attributable to noncontrolling interests 18,933
26,101
33,892
COMPREHENSIVE INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 460,650
$ 407,507
$ 442,029
The accompanying notes are an integral part of the financial statements.
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