Changes in Equity (APSC) (Tables)

9 Months Ended

Sep. 30, 2013

Changes in equity

Schedule of changes in shareholders' equity and changes in equity of noncontrolling interests

The following tables show Pinnacle West’s changes in shareholders’ equity and changes in equity of noncontrolling interests for the three and nine months ended September 30, 2013 and 2012 (dollars in thousands):

	Three Months Ended September 30, 2013								Three Months Ended September 30, 2012
	Common  Shareholders			Noncontrolling  Interests		Total			Common  Shareholders			Noncontrolling  Interests		Total
Beginning balance, July 1	$	4,032,165		$	137,069	$	4,169,234		$	3,778,035		$	121,302	$	3,899,337
Net income	226,163			8,555		234,718			244,823			8,040		252,863
Other comprehensive income	15,122			—		15,122			30,843			—		30,843
Total comprehensive income	241,285			8,555		249,840			275,666			8,040		283,706
Issuance of capital stock	2,331			—		2,331			2,365			—		2,365
Reissuance of treasury stock — net	37			—		37			(82		)	—		(82		)
Other (primarily stock compensation)	(22		)	—		(22		)	258			—		258
Dividends on common stock	8			—		8			—			—		—
Ending balance, September 30	$	4,275,804		$	145,624	$	4,421,428		$	4,056,242		$	129,342	$	4,185,584

	Nine Months Ended September 30, 2013									Nine Months Ended September 30, 2012
	Common  Shareholders			Noncontrolling Interests			Total			Common  Shareholders			Noncontrolling  Interests			Total
Beginning balance, January 1	$	3,972,806		$	129,483		$	4,102,289		$	3,821,850		$	108,736		$	3,930,586
Net income	381,814			25,338			407,152			358,911			23,582			382,493
Other comprehensive income	24,673			—			24,673			32,688			—			32,688
Total comprehensive income	406,487			25,338			431,825			391,599			23,582			415,181
Issuance of capital stock	7,268			—			7,268			7,590			—			7,590
Reissuance (purchase) of treasury stock - net	(5,868		)	—			(5,868		)	3,277			—			3,277
Other (primarily stock compensation)	14,988			—			14,988			4,270			—			4,270
Dividends on common stock	(119,877		)	—			(119,877		)	(172,344		)	—			(172,344		)
Net capital activities by noncontrolling interests	—			(9,197		)	(9,197		)	—			(2,976		)	(2,976		)
Ending balance, September 30	$	4,275,804		$	145,624		$	4,421,428		$	4,056,242		$	129,342		$	4,185,584

ARIZONA PUBLIC SERVICE COMPANY

Changes in equity

Schedule of changes in shareholders' equity and changes in equity of noncontrolling interests

The following tables show APS’s changes in shareholder equity and changes in equity of noncontrolling interests for the three and nine months ended September 30, 2013 and 2012 (dollars in thousands):

	Three Months Ended September 30, 2013							Three Months Ended September 30, 2012
	Shareholder Equity		Noncontrolling Interests			Total		Shareholder Equity		Noncontrolling Interests		Total
Beginning balance, July 1	$	4,142,726	$	137,070		$	4,279,796	$	3,902,791	$	121,302	$	4,024,093
Net income	234,954		8,555			243,509		247,831		8,040		255,871
OCI	15,116		—			15,116		30,728		—		30,728
Total comprehensive income	250,070		8,555			258,625		278,559		8,040		286,599
Other	1		(1		)	—		1		—		1
Ending balance, September 30	$	4,392,797	$	145,624		$	4,538,421	$	4,181,351	$	129,342	$	4,310,693

	Nine Months Ended September 30, 2013									Nine Months Ended September 30, 2012
	Shareholder Equity			Noncontrolling Interests			Total			Shareholder Equity			Noncontrolling Interests			Total
Beginning balance, January 1	$	4,093,000		$	129,483		$	4,222,483		$	3,943,007		$	108,399		$	4,051,406
Net income	394,945			25,338			420,283			368,654			23,573			392,227
OCI	24,659			—			24,659			32,090			—			32,090
Total comprehensive income	419,604			25,338			444,942			400,744			23,573			424,317
Dividends on common stock	(119,800		)	—			(119,800		)	(162,400		)	—			(162,400		)
Net capital activities by noncontrolling interests	—			(9,197		)	(9,197		)	—			(2,630		)	(2,630		)
Other	(7		)	—			(7		)	—			—			—
Ending balance, September 30	$	4,392,797		$	145,624		$	4,538,421		$	4,181,351		$	129,342		$	4,310,693