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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (APSC) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
OPERATING EXPENSES    
Fuel and purchased power $ 230,679 $ 216,309
Operations and maintenance 223,250 210,663
Depreciation and amortization 103,730 100,109
Taxes other than income taxes 40,021 42,475
Total 599,729 572,624
OPERATING INCOME 86,923 48,007
OTHER INCOME (DEDUCTIONS)    
Allowance for equity funds used during construction 6,864 4,756
Other income (Note S-2) 758 760
Other expense (Note S-2) (3,752) (4,068)
Total 3,870 1,448
INTEREST EXPENSE    
Allowance for borrowed funds used during construction (3,990) (3,151)
Total 45,488 53,816
NET INCOME (LOSS) 32,836 (481)
Less: Net income attributable to noncontrolling interests (Note 6) 8,392 7,776
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS 24,444 (8,257)
ARIZONA PUBLIC SERVICE COMPANY
   
ELECTRIC OPERATING REVENUES 685,827 620,248
OPERATING EXPENSES    
Fuel and purchased power 230,679 216,309
Operations and maintenance 220,752 208,447
Depreciation and amortization 103,706 100,085
Income taxes 16,060 (814)
Taxes other than income taxes 39,768 42,226
Total 610,965 566,253
OPERATING INCOME 74,862 53,995
OTHER INCOME (DEDUCTIONS)    
Income taxes 2,332 1,706
Allowance for equity funds used during construction 6,864 4,756
Other income (Note S-2) 1,343 510
Other expense (Note S-2) (6,296) (4,624)
Total 4,243 2,348
INTEREST EXPENSE    
Interest on long-term debt 46,221 52,737
Interest on short-term borrowings 1,429 2,035
Debt discount, premium and expense 1,011 1,060
Allowance for borrowed funds used during construction (3,990) (3,151)
Total 44,671 52,681
NET INCOME (LOSS) 34,434 3,662
Less: Net income attributable to noncontrolling interests (Note 6) 8,392 7,767
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS $ 26,042 $ (4,105)