Ticker
Reporting Basis
Period
From
To
Form Type
Report Format
Update Type


AVISTA CORP   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2019201820172016201520142013201220112010
Period End Date12/31/201912/31/201812/31/201712/31/201612/31/201512/31/201412/31/201312/31/201212/31/201112/31/2010
Utility revenues1,333.141,369.571,423.391,418.911,456.091,433.341,402.201,352.391,441.521,417.85
Non-utility energy marketing and trading revenues----------39.22--------
Operating Revenues:Ecova revenues----------------137.85102.04
Other non-utility revenues12.4827.3322.5423.5728.69--39.5538.9540.4138.86
Total revenues1,345.621,396.891,445.931,442.481,484.781,472.561,441.741,391.341,619.781,558.74
Operations and maintenance--------------------
Utility operating expenses: Resource costs439.82494.74524.57551.37656.96678.24689.59693.13790.05795.08
Non-utility operating expenses: Resource costs--------------------
Utility operating expenses: Depreciation and amortization205.37182.88171.28160.51143.50129.57117.17112.09105.63100.55
Non-utility operating expenses: Depreciation and amortization0.630.800.740.770.700.610.580.790.781.00
Depreciation and amortization-Ecova----------------7.196.07
Administrative and general--------------------
Utility operating expenses: Taxes other than income taxes105.65107.30106.7598.7497.6694.3088.4483.4183.3573.38
Restructuring and exit costs--------------------
Acquisition costs19.683.7214.62--------------
Utility operating expenses: Other operating expenses(345.21)(318.27)(310.14)(305.74)(303.22)(286.83)(276.23)(276.78)(261.93)(252.44)
Non-utility operating expenses: Other operating expenses(18.88)(28.08)(25.65)(25.50)(29.53)(30.42)(38.65)(38.04)(33.12)(30.39)
Gain on sale of utility properties--------------------
Other operating expenses-Ecova----------------(109.74)(80.10)
Total Operating Expenses1,135.231,135.781,153.751,142.621,231.561,219.971,210.661,204.241,391.781,339.01
Income from operations210.39261.11292.18299.86253.21252.59231.09187.10228.00219.73
Interest expense103.0199.7295.3686.5079.9775.3077.1275.1073.8875.79
Capitalized interest(4.17)(3.94)(3.31)(2.65)(3.55)(3.92)(3.68)(2.40)(2.94)(0.30)
Interest expense to affiliated trusts1.341.220.830.630.470.450.470.540.330.64
Merger termination fee103.00------------------
Other income - net14.93(1.46)(0.61)0.029.3011.355.172.713.432.50
Regulatory disallowance of unamortized debt repurchase costs--------------------
Pre-Tax Income228.14162.66198.69215.40185.62192.11162.35116.57160.17146.11
Provision for Income taxes31.3726.0682.7678.0967.4572.2458.0139.7656.6351.16
Federal income taxes at statutory rates47.9134.1669.5475.3964.9767.2456.8240.8056.0651.14
Tax effect of regulatory treatment of utility plant differences(9.97)(8.15)3.483.304.364.013.532.431.802.76
State income tax expense1.471.191.111.321.010.511.550.860.690.62
Preferred dividends--------------------
Settlement of prior year tax returns and adjustment of tax reserves0.64(0.14)(0.38)0.01(0.99)1.10(1.10)(2.20)0.16(1.03)
Manufacturing deduction----(1.12)--(1.20)(0.17)(2.03)(1.10)(1.10)(1.63)
Kettle Falls tax credit--------------------
Other-net(0.88)(0.34)(1.09)(0.33)(0.70)(0.45)(0.76)(1.03)(0.98)(0.71)
Avista Utilities--------------------
Energy Marketing and Resource Management--------------------
Avista Advantage--------------------
Information and Technology--------------------
Settlement of equity awards0.61(0.99)(1.44)(1.60)------------
Acquisition costs(1.71)0.332.49--------------
Federal income tax rate change----10.17--------------
Income from continuing operations------137.32118.17119.87104.3376.80103.5494.95
Less: Income from discontinued operations attributable to noncontrolling interest--------5.1572.417.96------
Asset impairment charges--------------------
Minority interest--------------------
Income tax benefit--------------------
Loss from operations--------------2.00----
Loss before asset impairment charges, minority interest and income taxes--------------------
Cumulative effect of accounting change--------------------
Consolidated Net Income (Loss)196.76136.60115.93--123.32192.28112.2978.80----
Net income attributable to noncontrolling interests(0.22)0.170.020.090.090.241.220.593.322.52
Preferred Stock Dividend & Other Adjustments--------------------
Net Income (Loss) available to limited partners shareholders196.98136.43115.92137.23123.23192.04111.0878.21100.2292.43
Earnings Per Share (Basic) - Cont Ops--------1.901.941.741.30----
Earnings Per Share (Basic) - Disc Ops--------0.081.180.110.02----
Earnings Per Share (Basic) - Acc Change--------------------
NET EARNINGS PER SHARE (BASIC)2.982.081.802.161.983.121.851.321.731.66
Earnings Per Share (Diluted) - Cont Ops--------1.891.931.741.30----
Earnings Per Share (Diluted) - Disc Ops--------0.081.170.110.02----
Earnings Per Share (Diluted) - Acc Change--------------------
NET EARNINGS PER SHARE (DILUTED)2.972.071.792.151.973.101.851.321.721.65
Weighted Average Shares Outstanding (Basic)66.2165.6764.5063.5162.3061.6359.9659.0357.8755.60
Weighted Average Shares Outstanding (Diluted)66.3365.9564.8163.9262.7161.8960.0059.2058.0955.82