Other Income and Other Expense (APSC) (Tables)

9 Months Ended

Sep. 30, 2013

Detail of other income and other expense

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

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Other income:
Interest income	$	116		$	307		$	1,291		$	1,018
Miscellaneous	44			113			96			339
Total other income	$	160		$	420		$	1,387		$	1,357
Other expense:
Non-operating costs	$	(2,028	)	$	(1,645	)	$	(5,951	)	$	(5,885	)
Investment losses — net	(3,435		)	(2,254		)	(3,643		)	(2,366		)
Miscellaneous	(1,972		)	(1,797		)	(3,827		)	(4,182		)
Total other expense	$	(7,435	)	$	(5,696	)	$	(13,421	)	$	(12,433	)

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 nine months ended September 30, 2013 and 2012 (dollars in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
Other income:
Interest income	$	2		$	61		$	1,061		$	244
Miscellaneous	719			754			1,951			2,099
Total other income	$	721		$	815		$	3,012		$	2,343
Other expense:
Non-operating costs (a)	$	(2,263	)	$	(2,007	)	$	(6,868	)	$	(6,690	)
Asset dispositions	(1,203		)	(248		)	(3,864		)	(666		)
Miscellaneous	(1,149		)	(1,097		)	(5,023		)	(4,613		)
Total other expense	$	(4,615	)	$	(3,352	)	$	(15,755	)	$	(11,969	)

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