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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (APSC) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 172,434 $ 129,630
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization including nuclear fuel 249,482 239,743
Deferred fuel and purchased power 36,183 82,261
Deferred fuel and purchased power amortization 10,921 (54,388)
Allowance for equity funds used during construction (13,129) (9,931)
Deferred income taxes 68,526 61,109
Deferred investment tax credit 20,159 5,033
Change in derivative instruments fair value 349 (2,618)
Changes in current assets and liabilities:    
Customer and other receivables (79,408) (21,424)
Accrued unbilled revenues (68,763) (43,211)
Materials, supplies and fossil fuel (4,002) (21,012)
Other current assets (14,439) (9,407)
Accounts payable 85,563 9,199
Accrued taxes and income taxes receivable - net 5,032 19,775
Other current liabilities (26,098) 807
Change in margin and collateral accounts - assets (1,111) 124
Change in margin and collateral accounts - liabilities 14,600 69,602
Change in other long-term assets (23,796) (1,692)
Change in other long-term liabilities 21,753 5,035
Net cash flow provided by operating activities 454,256 458,635
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (376,601) (424,775)
Contributions in aid of construction 21,236 25,800
Allowance for borrowed funds used during construction (7,626) (6,598)
Proceeds from nuclear decommissioning trust sales 253,996 211,138
Investment in nuclear decommissioning trust (262,621) (219,762)
Other (262) (525)
Net cash flow used for investing activities (371,878) (414,722)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of long-term debt 136,307 351,081
Short-term borrowings - net (62,075) 109,000
Repayment of long-term debt (40,127) (421,451)
Dividends paid on common stock (116,231) (111,297)
Noncontrolling interests (9,197) (2,630)
Net cash flow used for financing activities (80,777) (66,268)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 1,601 (22,355)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 26,202 33,583
CASH AND CASH EQUIVALENTS AT END OF PERIOD 27,803 11,228
Cash paid during the period for:    
Interest, net of amounts capitalized 91,346 94,680
Significant non-cash investing and financing activities:    
Accrued capital expenditures 8,904 14,745
ARIZONA PUBLIC SERVICE COMPANY
   
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 176,774 136,356
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization including nuclear fuel 249,434 239,696
Deferred fuel and purchased power 36,183 82,261
Deferred fuel and purchased power amortization 10,921 (54,388)
Allowance for equity funds used during construction (13,129) (9,931)
Deferred income taxes 66,947 64,639
Deferred investment tax credit 20,159 5,033
Change in derivative instruments fair value 349 (2,618)
Changes in current assets and liabilities:    
Customer and other receivables (80,854) (23,015)
Accrued unbilled revenues (68,763) (43,211)
Materials, supplies and fossil fuel (4,002) (21,012)
Other current assets (14,067) (9,797)
Accounts payable 86,338 9,406
Accrued taxes and income taxes receivable - net 12,892 23,759
Other current liabilities (28,506) (3,095)
Change in margin and collateral accounts - assets (1,111) 124
Change in margin and collateral accounts - liabilities 14,600 69,602
Change in other long-term assets (21,658) (2,456)
Change in other long-term liabilities 26,628 5,180
Net cash flow provided by operating activities 469,135 466,533
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (376,601) (424,775)
Contributions in aid of construction 21,236 25,800
Allowance for borrowed funds used during construction (7,626) (6,598)
Proceeds from nuclear decommissioning trust sales 253,996 211,138
Investment in nuclear decommissioning trust (262,621) (219,762)
Other (270) (525)
Net cash flow used for investing activities (371,886) (414,722)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of long-term debt 136,307 351,081
Short-term borrowings - net (62,075) 109,000
Repayment of long-term debt (40,127) (421,451)
Dividends paid on common stock (119,700) (104,900)
Noncontrolling interests (9,197) (2,630)
Net cash flow used for financing activities (94,792) (68,900)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,457 (17,089)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 3,499 19,873
CASH AND CASH EQUIVALENTS AT END OF PERIOD 5,956 2,784
Cash paid during the period for:    
Interest, net of amounts capitalized 89,676 92,473
Significant non-cash investing and financing activities:    
Accrued capital expenditures $ 8,904 $ 14,745