Other Income and Other Expense (APSC) (Tables)

3 Months Ended

Mar. 31, 2012

Detail of other income and other expense

	Three Months Ended March 31,
	2012			2011
Other income:
Interest income	$	605		$	391
Investment gains — net	—			1,293
Miscellaneous	155			6
Total other income	$	760		$	1,690
Other expense:
Non-operating costs	$	(1,850	)	$	(1,487	)
Investment losses — net	(53		)	—
Miscellaneous	(2,165		)	(254		)
Total other expense	$	(4,068	)	$	(1,741	)

ARIZONA PUBLIC SERVICE COMPANY

Detail of other income and other expense

S-2.         Other Income and Other Expense

The following table provides detail of APS’s other income and other expense for the three months ended March 31, 2012 and 2011 (dollars in thousands):

	Three Months Ended March 31,
	2012			2011
Other income:
Interest income	$	107		$	130
Investment gains — net	—			1,150
Miscellaneous	403			698
Total other income	$	510		$	1,978
Other expense:
Non-operating costs (a)	$	(1,741	)	$	(1,899	)
Asset dispositions	(223		)	(728		)
Miscellaneous	(2,660		)	(965		)
Total other expense	$	(4,624	)	$	(3,592	)

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