Other Income and Other Expense (APSC)

3 Months Ended

Mar. 31, 2014

Other Income and Other Expense

10.          Other Income and Other Expense

The following table provides detail of other income and other expense for the three months ended March 31, 2014 and 2013 (dollars in thousands):

	Three Months Ended March 31,
	2014			2013
Other income:
Interest income	$	251		$	76
Miscellaneous	2,116			682
Total other income	$	2,367		$	758
Other expense:
Non-operating costs	$	(2,372	)	$	(1,932	)
Investment losses — net	(140		)	(112		)
Miscellaneous	(2,172		)	(1,708		)
Total other expense	$	(4,684	)	$	(3,752	)

ARIZONA PUBLIC SERVICE COMPANY

Other Income and Other Expense

S-2. Other Income and Other Expense

The following table provides detail of APS’s other income and other expense for the three months ended March 31, 2014 and 2013 (dollars in thousands):

	Three Months Ended March 31,
	2014			2013
Other income:
Interest income	$	138		$	23
Miscellaneous	2,624			1,320
Total other income	$	2,762		$	1,343
Other expense:
Non-operating costs (a)	$	(2,587	)	$	(2,320	)
Asset dispositions	(183		)	(1,264		)
Miscellaneous	(2,286		)	(2,712		)
Total other expense	$	(5,056	)	$	(6,296	)

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