Other Income and Other Expense (APSC) (Tables)

6 Months Ended

Jun. 30, 2013

Detail of other income and other expense

The following table provides detail of other income and other expense for the three and six months ended June 30, 2013 and 2012 (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Other income:
Interest income	$	467		$	107		$	1,176		$	712
Miscellaneous	2			70			51			225
Total other income	$	469		$	177		$	1,227		$	937
Other expense:
Non-operating costs	$	(1,990	)	$	(2,389	)	$	(3,923	)	$	(4,239	)
Investment losses — net	(96		)	(58		)	(208		)	(112		)
Miscellaneous	(148		)	(222		)	(1,855		)	(2,386		)
Total other expense	$	(2,234	)	$	(2,669	)	$	(5,986	)	$	(6,737	)

ARIZONA PUBLIC SERVICE COMPANY

Detail of other income and other expense

The following table provides detail of APS’s other income and other expense for the three and six months ended June 30, 2013 and 2012 (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Other income:
Interest income	$	403		$	77		$	1,059		$	184
Miscellaneous	545			941			1,232			1,344
Total other income	$	948		$	1,018		$	2,291		$	1,528
Other expense:
Non-operating costs (a)	$	(2,285	)	$	(2,941	)	$	(4,605	)	$	(4,682	)
Asset dispositions	(1,397		)	(195		)	(2,661		)	(418		)
Miscellaneous	(1,162		)	(857		)	(3,874		)	(3,517		)
Total other expense	$	(4,844	)	$	(3,993	)	$	(11,140	)	$	(8,617	)

(a) As defined by the FERC, includes below-the-line non-operating utility expense (items excluded from utility rate recovery).