CONDENSED CONSOLIDATED STATEMENTS OF INCOME (APSC) (USD $) In Thousands, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
OPERATING EXPENSES
Fuel and purchased power	$ 350,953	$ 302,894	$ 859,216	$ 783,926
Operations and maintenance	233,323	220,729	685,873	647,628
Depreciation and amortization	107,388	100,353	317,410	301,068
Taxes other than income taxes	43,256	36,507	124,091	120,271
Total	736,704	661,505	1,992,443	1,858,216
OPERATING INCOME	415,688	447,970	762,423	750,466
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction	5,569	5,708	18,698	15,639
Other income (Note S-2)	160	420	1,387	1,357
Other expense (Note S-2)	(7,435)	(5,696)	(13,421)	(12,433)
Total	(1,706)	432	6,664	4,563
INTEREST EXPENSE
Allowance for borrowed funds used during construction	(3,235)	(3,830)	(10,861)	(10,428)
Total	47,352	48,412	140,511	151,781
NET INCOME	234,718	252,863	407,152	382,493
Less: Net income attributable to noncontrolling interests (Note 6)	8,555	8,040	25,338	23,582
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	226,163	244,823	381,814	358,911
ARIZONA PUBLIC SERVICE COMPANY
ELECTRIC OPERATING REVENUES	1,151,535	1,108,623	2,752,427	2,606,458
OPERATING EXPENSES
Fuel and purchased power	350,953	302,894	859,216	783,926
Operations and maintenance	222,617	218,403	668,319	640,596
Depreciation and amortization	107,364	100,329	317,338	300,997
Income taxes	143,335	153,797	241,347	233,679
Taxes other than income taxes	43,015	36,255	123,366	119,499
Total	867,284	811,678	2,209,586	2,078,697
OPERATING INCOME	284,251	296,945	542,841	527,761
OTHER INCOME (DEDUCTIONS)
Income taxes	4,123	3,170	9,555	6,906
Allowance for equity funds used during construction	5,569	5,708	18,698	15,639
Other income (Note S-2)	721	815	3,012	2,343
Other expense (Note S-2)	(4,615)	(3,352)	(15,755)	(11,969)
Total	5,798	6,341	15,510	12,919
INTEREST EXPENSE
Interest on long-term debt	47,214	48,841	140,978	150,416
Interest on short-term borrowings	1,553	1,334	4,950	5,283
Debt discount, premium and expense	1,008	1,070	3,001	3,182
Allowance for borrowed funds used during construction	(3,235)	(3,830)	(10,861)	(10,428)
Total	46,540	47,415	138,068	148,453
NET INCOME	243,509	255,871	420,283	392,227
Less: Net income attributable to noncontrolling interests (Note 6)	8,555	8,040	25,338	23,573
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ 234,954	$ 247,831	$ 394,945	$ 368,654