Other Income and Other Expense (APSC)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2014 and 2013 (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30
	2014			2013			2014			2013
Other income:
Interest income	$	495		$	467		$	746		$	1,176
Miscellaneous	2,286			2			4,402			51
Total other income	$	2,781		$	469		$	5,148		$	1,227
Other expense:
Non-operating costs	$	(2,620	)	$	(1,990	)	$	(4,992	)	$	(3,923	)
Investment losses — net	(105		)	(96		)	(246		)	(208		)
Miscellaneous	2,217			(148		)	46			(1,855		)
Total other expense	$	(508	)	$	(2,234	)	$	(5,192	)	$	(5,986	)

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 and six months ended June 30, 2014 and 2013 (dollars in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Other income:
Interest income	$	417		$	403		$	554		$	1,059
Miscellaneous	2,804			545			5,429			1,232
Total other income	$	3,221		$	948		$	5,983		$	2,291
Other expense:
Non-operating costs (a)	$	(2,868	)	$	(2,285	)	$	(5,455	)	$	(4,605	)
Asset dispositions	(285		)	(1,397		)	(468		)	(2,661		)
Miscellaneous	1,676			(1,162		)	(610		)	(3,874		)
Total other expense	$	(1,477	)	$	(4,844	)	$	(6,533	)	$	(11,140	)

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