Exhibit A-4

Capital structure of PacifiCorp group companies at June 30, 2005.

PacifiCorp Consolidated

	($ in millions)		(%) of total capitalization
Short-term debt (1)	$	434.7	5.5	%
Long-term debt		3,940.1	49.6	%
Preferred stock subject to mandatory redemption		45.0	0.6	%
Preferred stock		41.3	0.5	%
Minority interest		30.1	0.4	%
Common stock equity		3,455.2	43.5	%
Total	$	7,946.4	100.0	%

Notes:

The above table excludes all current accounts (both payables and receivables) relating to trading, interest and dividends

(1) Includes long-term debt currently maturing.

Table AH

STATEMENTS OF CONSOLIDATED CHANGES IN COMMON SHAREHOLDER’S EQUITY

(Millions of dollars, thousands of shares)

	Common Shareholder’s Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Total Comprehensive Income (Loss)
	Shares	Amounts
Balance at March 31, 2003	312,176	$	2,892.1	$	305.9		$	(3.6	)
Comprehensive income
Net income	—		—		248.1			—		$	248.1
Other comprehensive income (loss):
Unrealized gain on available-for-sale securities, net of tax of $3.8	—		—		—			6.2			6.2
Minimum pension liability, net of tax of $(3.8)	—		—		—			(6.1	)		(6.1	)
Cash dividends declared:
Preferred stock	—		—		(3.3	)		—			—
Common stock ($0.51 per share)	—		—		(160.6	)		—			—
Balance at March 31, 2004	312,176		2,892.1		390.1			(3.5	)	$	248.2
Comprehensive income
Net income	—		—		251.7			—		$	251.7
Other comprehensive loss:
Unrealized loss on available-for-sale securities, net of tax of $(0.1)	—		—		—			(0.2	)		(0.2	)
Minimum pension liability, net of tax of $(0.6)	—		—		—			(1.0	)		(1.0	)
Stock-based compensation expense	—		2.0		—			—			—
Cash dividends declared:
Preferred stock	—		—		(2.1	)		—			—
Common stock ($0.62 per share)	—		—		(193.3	)		—			—
Balance at March 31, 2005	312,176		2,894.1		446.4			(4.7	)	$	250.5
Comprehensive income
Net income	—		—		46.4			—		$	46.4
Other comprehensive loss:
Unrealized loss on available-for-sale securities, net of tax of $	—		—		—			(0.7	)		(0.7	)
Minimum pension liability, net of tax of $	—		—		—			—			—
Equity contribution from PHI	11,737		125.0
Stock-based compensation expense	—				—			—			—
Cash dividends declared:
Preferred stock	—		—		(0.5	)		—			—
Common stock ($0.     per share)	—		—		(50.8	)		—			—
Balance at June 30, 2005	323,913	$	3,019.1	$	441.5		$	(5.4	)	$	45.7
		$	—	$	—		$	—

PACIFICORP AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS, continued

(Unaudited)

(Millions of dollars)

LIABILITIES AND SHAREHOLDERS’ EQUITY	June 30, 2005			March 31, 2005
Current liabilities:
Accounts payable	$	289.9		$	350.4
Amounts due to affiliates		4.3			3.9
Accrued employee expenses		96.3			134.3
Taxes payable		39.6			39.8
Interest payable		53.3			64.8
Current derivative contract liability		110.4			136.7
Current deferred tax liability		—			2.0
Long-term debt and capital lease obligation, currently maturing		120.1			269.9
Preferred stock subject to mandatory redemption, currently maturing		3.7			3.7
Notes payable and commercial paper		314.6			468.8
Other		122.6			123.4
Total current liabilities		1,154.8			1,597.7
Deferred credits:
Deferred income taxes		1,641.9			1,629.0
Investment tax credits		73.6			75.6
Regulatory liabilities		817.1			806.0
Non-current derivative contract liability		588.7			630.5
Pension and other post employment liabilities		410.9			422.4
Other		310.8			304.8
Total deferred credits		3,843.0			3,868.3
Long-term debt and capital lease obligations, net of current maturities		3,940.1			3,629.0
Preferred stock subject to mandatory redemption, net of current maturities		41.3			48.8
Total liabilities		8,979.2			9,143.8
Commitments and contingencies (See Note 6)
Shareholders’ equity:
Preferred stock		41.3			41.3
Common equity:
Common shareholder’s capital		3,019.1			2,894.1
Retained earnings		441.5			446.4
Accumulated other comprehensive income (loss):
Unrealized gain on available-for-sale securities, net of tax of $2.2/June and $2.6/March		3.6			4.3
Minimum pension liability, net of tax of $(5.5)/June and March		(9.0	)		(9.0	)
Total common equity		3,455.2			3,335.8
Total shareholders’ equity		3,496.5			3,377.1
Total liabilities and shareholders’ equity	$	12,475.7		$	12,520.9

PACIFICORP

CONSOLIDATING BALANCE SHEETS

#REF!

(in thousands of dollars)

	PacifiCorp Consolidated		Reclasses & Eliminations		Domestic Electric		Specialized Services	PacifiCorp Environmental		PacifiCorp Group Holdings Co.
CURRENT LIABILITIES
Long-term debt currently maturing	119,734		—		119,734		—	—		—
Capital lease obligations currently maturing	419		—		419		—	—		—
Preferred stock currently maturing	3,750		—		3,750		—	—		—
Notes payable and commercial paper	314,571		—		314,571		—	—		—
Accounts payable	289,404		4	A,B	284,543		4,301	556		—
Accounts payable - intercompany	37		(8,682	)B	7,520		1,199	—		—
Notes payable - intercompany	—		(15,422	)B	15,422		—	—		—
ScottishPower payable	4,302		—		4,302		—	—		—
Accrued employee expenses	96,319		—	E	93,565		2,639	115		—
Taxes accrued	39,592		—		35,071		4,521	—		—
Interest accrued	53,301		—		53,301		—	—		—
Dividends payable	521		—		521		—	—		—
FAS 133 current liability	110,351		—		110,351		—	—		—
Current deferred tax liability	—		—		—		—	—		—
Customer deposits and other	122,624		—	E	117,418		5,203	3		—
TOTAL CURRENT LIABILITIES	1,154,925		(24,100	)	1,160,488		17,863	674		—
LONG-TERM DEBT & OTHER LONG-TERM OBLIGATIONS
Long-term debt	3,901,621		—		3,901,621		—	—		—
Advances from affiliated companies	—		—	B	—		—	—		—
Capital lease obligations	38,448		—		38,448		—	—		—
Mandatorily redeemable preferred stock	41,250		—		41,250		—	—		—
TOTAL LONG TERM DEBT & CAPITAL LEASES	3,981,319		—		3,981,319		—	—		—
DEFERRED CREDITS
Income taxes	1,641,923		—		1,637,182		949	3,792		—
Investment tax credits	73,568		—		73,568		—	—		—
Regulatory liability	809,230		—		809,230		—	—		—
FAS 133 regulatory liability	—		—		—		—	—		—
FAS 143 regulatory liability	7,865		—		2,730		5,135	—		—
FAS 133 noncurrent liability	588,719		—		588,719		—	—		—
FAS 143 noncurrent liability	—		—		—		—	—		—
Mining accruals and other	691,596		—		528,228		145,407	17,961		—
Minority interest	30,120		—		—		29,140	980		—
TOTAL DEFERRED CREDITS	3,843,021		—		3,639,657		180,631	22,733		—
TOTAL LIABILITIES	8,979,265		(24,100	)	8,781,464		198,494	23,407		—
COMPANY OBLIGATED MANDITORILY
REDEEMABLE PREFERRED SECURITIES	—		—	D	—		—	—		—
STOCKHOLDERS’ EQUITY
Preferred stock	41,276		—		41,276		—	—		—
Common stock	3,017,123		(1,844	)A,C	3,017,123		—	1,844		—
Premium on capital stock	1,973		—	A	1,973		—	—		—
Retained earnings	441,473		(76,425	)A,C	441,474		67,998	8,426		—
Contra equity	—		—		—		—	—		—
Minimum Pension Liability adjustment	(8,991	)	—		(8,991	)	—	—		—
FAS 115 adjustment	3,590		—		738		3,357	(505	)	—
FAS 133 adjustment	—		—		—		—	—		—
Guarantees of employee stock ownership plan	—		—		—		—	—		—
TOTAL STOCKHOLDERS’ EQUITY	3,496,444		(78,269	)	3,493,593		71,355	9,765		—
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY	12,475,709		(102,369	)	12,275,057		269,849	33,172		—
	(1	)	1		—		—	(2	)	—