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PINNACLE WEST   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Operating Revenues5,124.924,695.994,324.393,803.843,586.983,471.213,691.253,565.303,498.683,495.44
Revenues : Marketing and trading--------------------
Revenues : Real estate segment--------------------
Revenues : Regulated electricity segment--------------------
Revenues : Other revenues--------------------
Total Revenue5,124.924,695.994,324.393,803.843,586.983,471.213,691.253,565.30--3,495.44
Regulated electricity segment fuel and purchased power1,822.571,792.661,629.341,152.55993.421,042.241,076.12981.301,075.511,101.30
Marketing and trading segment fuel and purchased power--------------------
Operations and maintenance1,165.161,058.73987.07954.07958.91941.621,036.74924.44911.32868.38
Depreciation and amortization895.35794.04753.20650.88614.38590.93582.35534.12485.83494.42
Taxes other than income taxes227.40224.01220.37234.64224.84218.58212.85184.35166.50171.81
Real estate segment operations--------------------
Regulatory disallowance--------------------
Other expenses(2.39)(1.91)(2.49)(6.39)(7.29)(5.89)(9.50)(6.66)(3.54)(4.93)
Real estate impairment charge--------------------
Total Operating Expenses4,112.853,871.353,592.472,998.532,798.832,799.252,917.562,630.872,642.702,640.84
Operating income (loss)1,012.06824.64731.91805.31788.15671.96773.69934.43855.98854.60
Interest charges425.74374.89283.57254.31247.50235.25243.47219.80205.72194.96
Capitalized interest--------------------
Allowance for equity funds used during construction38.6253.1245.2641.7433.7831.4352.3247.0142.1435.22
Allowance for borrowed funds used during construction48.2743.5628.0321.0518.5318.5325.1822.1119.9716.26
Other Income48.6133.677.9245.1056.7050.2624.904.010.900.62
Other expense(34.14)(25.06)(52.39)(25.40)(57.78)(17.88)(17.97)(21.54)(15.34)(17.82)
Pension and other postretirement non-service credits - net48.8740.6598.49112.5456.3422.9949.79------
Income from Continuing Operations Before Income Taxes736.56595.69575.65746.03648.23542.04664.44766.22697.94693.91
Provision for Income taxes110.5376.9174.83110.0978.17(15.77)133.90258.27236.41237.72
Income from continuing operations------------------456.19
INCOME (LOSS)FROM DISCONTINUED OPERATIONS--------------------
Cumulative effect of a change in accounting for trading activities--------------------
Cumulative Effect of a Change in Accounting for Derivatives--------------------
Consolidated Net Income (Loss)626.03518.78500.83635.94570.05557.81530.54507.95461.53456.19
Net loss attributable to noncontrolling interests17.2217.2217.2217.2219.4919.4919.4919.4919.4918.93
Net Income (Loss) Available to Common Shareholders608.81501.56483.60618.72550.56538.32511.05488.46442.03437.26
Income from continuing operations - basic--------------------
Income from Discontinued operations - basic--------------------
Net income - basic5.354.424.275.484.894.794.564.373.973.94
Income from continuing operations - diluted--------------------
Income from Discontinued operation - diluted--------------------
Net income - diluted5.244.414.265.474.874.774.544.353.953.92
Weighted Average Shares Outstanding (Basic)113.85113.44113.20112.91112.67112.44112.13111.84111.41111.03
Weighted Average Shares Outstanding (Diluted)116.23113.80113.42113.19112.94112.76112.55112.37112.05111.55