CONDENSED CONSOLIDATED STATEMENTS OF INCOME (APSC) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
OPERATING EXPENSES
Fuel and purchased power	$ 277,584	$ 264,723	$ 508,263	$ 481,032
Operations and maintenance	229,300	216,236	452,550	426,899
Depreciation and amortization	106,292	100,606	210,022	200,715
Taxes other than income taxes	40,814	41,289	80,835	83,764
Total	656,010	624,087	1,255,739	1,196,711
OPERATING INCOME	259,812	254,489	346,735	302,496
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	6,265	5,175	13,129	9,931
Other income (Note S-2)	469	177	1,227	937
Other expense (Note S-2)	(2,234)	(2,669)	(5,986)	(6,737)
Total	4,500	2,683	8,370	4,131
INTEREST EXPENSE
Allowance for borrowed funds used during construction	(3,636)	(3,447)	(7,626)	(6,598)
Total	47,671	49,553	93,159	103,369
NET INCOME	139,598	130,111	172,434	129,630
Less: Net income attributable to noncontrolling interests (Note 6)	8,391	7,766	16,783	15,542
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	131,207	122,345	155,651	114,088
ARIZONA PUBLIC SERVICE COMPANY
ELECTRIC OPERATING REVENUES	915,065	877,587	1,600,892	1,497,835
OPERATING EXPENSES
Fuel and purchased power	277,584	264,723	508,263	481,032
Operations and maintenance	224,950	213,746	445,702	422,193
Depreciation and amortization	106,268	100,583	209,974	200,668
Income taxes	81,952	80,696	98,012	79,882
Taxes other than income taxes	40,583	41,018	80,351	83,244
Total	731,337	700,766	1,342,302	1,267,019
OPERATING INCOME	183,728	176,821	258,590	230,816
OTHER INCOME (DEDUCTIONS)
Income taxes	3,100	2,030	5,432	3,736
Allowance for equity funds used during construction	6,265	5,175	13,129	9,931
Other income (Note S-2)	948	1,018	2,291	1,528
Other expense (Note S-2)	(4,844)	(3,993)	(11,140)	(8,617)
Total	5,469	4,230	9,712	6,578
INTEREST EXPENSE
Interest on long-term debt	47,543	48,838	93,764	101,575
Interest on short-term borrowings	1,968	1,914	3,397	3,949
Debt discount, premium and expense	982	1,052	1,993	2,112
Allowance for borrowed funds used during construction	(3,636)	(3,447)	(7,626)	(6,598)
Total	46,857	48,357	91,528	101,038
NET INCOME	142,340	132,694	176,774	136,356
Less: Net income attributable to noncontrolling interests (Note 6)	8,391	7,766	16,783	15,533
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ 133,949	$ 124,928	$ 159,991	$ 120,823