EX-99.30 16 p73495exv99w30.htm EX-99.30 exv99w30
 

Exhibit 99.30
ARIZONA PUBLIC SERVICE COMPANY
NON-GAAP FINANCIAL MEASURE RECONCILIATION — OPERATING INCOME
(GAAP MEASURE) TO GROSS MARGIN (NON-GAAP FINANCIAL MEASURE)
(in thousands)
                                 
    TWELVE MONTHS ENDED        
    DECEMBER 31,     Increase (Decrease)  
    2006     2005     Pretax     After Tax  
RECONCILIATION OF GROSS MARGIN
                                
Operating Income (closest GAAP measure)
   $ 397,942     $ 381,613     $ 16,329     $ 9,922  
Plus:
                                
Operations and maintenance
     665,631       591,941       73,690       44,774  
Depreciation and amortization
     353,057       325,174       27,883       16,942  
Income taxes
     144,127       157,273       (13,146 )     (7,988 )
Other taxes
     127,989       125,810       2,179       1,324  
 
                        
 
                                
Gross margin
   $ 1,688,746     $ 1,581,811     $ 106,935     $ 64,974