INFORMATION BY BUSINESS SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2012

Information By Business Segments

The following table presents information for each of the Company’s business segments (dollars in thousands):

	Avista Utilities		Ecova		Other			Total Non- Utility			Intersegment Eliminations  (1)			Total
For the three months ended September 30, 2012:
Operating revenues	$	292,535	$	38,617	$	9,930		$	48,547		$	(450	)	$	340,632
Resource costs		153,801		—		—			—			—			153,801
Other operating expenses		64,449		33,868		9,229			43,097			(450	)		107,096
Depreciation and amortization		28,255		3,260		131			3,391			—			31,646
Income from operations		27,940		1,489		570			2,059			—			29,999
Interest expense (2)		18,001		530		824			1,354			(91	)		19,264
Income taxes		2,590		495		(1,477	)		(982	)		—			1,608
Net income attributable to Avista Corporation		7,660		640		(2,514	)		(1,874	)		—			5,786
Capital expenditures		57,964		1,023		619			1,642			—			59,606
For the three months ended September 30, 2011:
Operating revenues	$	302,001	$	32,228	$	9,931		$	42,159		$	(450	)	$	343,710
Resource costs		171,393		—		—			—			—			171,393
Other operating expenses		60,579		23,790		8,386			32,176			(450	)		92,305
Depreciation and amortization		26,341		1,784		180			1,964			—			28,305
Income from operations		26,859		6,654		1,365			8,019			—			34,878
Interest expense (2)		17,639		71		1,150			1,221			(5	)		18,855
Income taxes		1,546		2,416		(245	)		2,171			—			3,717
Net income attributable to Avista Corporation		7,582		3,467		(347	)		3,120			—			10,702
Capital expenditures		69,716		897		233			1,130			—			70,846
For the nine months ended September 30, 2012:
Operating revenues	$	992,210	$	115,707	$	29,907		$	145,614		$	(1,350	)	$	1,136,474
Resource costs		500,805		—		—			—			—			500,805
Other operating expenses		191,407		104,392		27,285			131,677			(1,350	)		321,734
Depreciation and amortization		83,327		9,455		511			9,966			—			93,293
Income from operations		153,049		1,860		2,111			3,971			—			157,020
Interest expense (2)		54,148		1,301		2,691			3,992			(274	)		57,866
Income taxes		34,425		918		(2,237	)		(1,319	)		—			33,106
Net income attributable to Avista Corporation		65,157		962		(3,767	)		(2,805	)		—			62,352
Capital expenditures		178,440		3,248		660			3,908			—			182,348
For the nine months ended September 30, 2011:
Operating revenues	$	1,060,571	$	91,207	$	30,425		$	121,632		$	(1,350	)	$	1,180,853
Resource costs		575,290		—		—			—			—			575,290
Other operating expenses		188,961		72,220		24,711			96,931			(1,350	)		284,542
Depreciation and amortization		78,600		5,086		587			5,673			—			84,273
Income from operations		156,199		13,901		5,127			19,028			—			175,227
Interest expense (2)		52,134		206		3,912			4,118			(382	)		55,870
Income taxes		35,857		5,005		75			5,080			—			40,937
Net income attributable to Avista Corporation		68,733		7,016		(128	)		6,888			—			75,621
Capital expenditures		169,598		2,173		557			2,730			—			172,328
Total Assets:
As of September 30, 2012	$	3,732,530	$	357,457	$	100,269		$	457,726		$	—		$	4,190,256
As of December 31, 2011	$	3,809,446	$	292,940	$	112,145		$	405,085		$	—		$	4,214,531

(1) Intersegment eliminations reported as operating revenues and resource costs represent intercompany purchases and sales of electric capacity and energy. Intersegment eliminations reported as interest expense represent intercompany interest.

(2) Including interest expense to affiliated trusts.