Other Income and Other Expense (APSC) (Tables)

6 Months Ended

Jun. 30, 2011

Detail of other income and other expense

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Other income:
Interest income	$	543		$	635		$	935		$	1,572
Investment gains — net	12			—			1,307			—
Miscellaneous	2			308			5			320
Total other income	$	557		$	943		$	2,247		$	1,892
Other expense:
Non-operating costs	$	(1,629	)	$	(1,237	)	$	(3,119	)	$	(3,084	)
Investment losses — net	—			(3,561		)	—			(2,339		)
Miscellaneous	(1,557		)	(852		)	(1,808		)	(1,753		)
Total other expense	$	(3,186	)	$	(5,650	)	$	(4,927	)	$	(7,176	)

ARIZONA PUBLIC SERVICE COMPANY

Detail of other income and other expense

	Three Months Ended June 30,						Six Months Ended June 30,
	2011			2010			2011			2010
Other income:
Interest income	$	89		$	143		$	219		$	211
Investment gains — net	268			—			1,418			—
Miscellaneous	876			1,684			1,574			2,234
Total other income	$	1,233		$	1,827		$	3,211		$	2,445
Other expense:
Non-operating costs (a)	$	(2,400	)	$	(1,751	)	$	(4,214	)	$	(3,708	)
Asset dispositions	—			—			(823		)	—
Investment losses — net	—			(2,700		)	—			(1,535		)
Miscellaneous	(2,251		)	(1,640		)	(3,206		)	(3,309		)
Total other expense	$	(4,651	)	$	(6,091	)	$	(8,243	)	$	(8,552	)

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