XML 17 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities  
Cash Receipts from Electric Retail Sales$ 876,960$ 848,308
Cash Receipts from Electric Wholesale Sales137,029138,236
Cash Receipts from Gas Sales125,913124,922
Cash Receipts from Operating Springerville Units 3 & 480,55867,593
Cash Receipts from Gas Wholesale Sales12,404 
Performance Deposits Received6,34016,200
Interest Received5,4009,029
Income Tax Refunds Received3,819 
Other Cash Receipts16,83021,557
Purchased Energy Costs Paid(246,452)(286,314)
Payment of Other Operations and Maintenance Costs(220,625)(178,123)
Fuel Costs Paid(212,791)(182,703)
Taxes Other Than Income Taxes Paid, Net of Amounts Capitalized(123,166)(106,701)
Wages Paid, Net of Amounts Capitalized(92,924)(94,490)
Interest Paid, Net of Amounts Capitalized(56,060)(49,751)
Capital Lease Interest Paid(31,558)(37,106)
Wholesale Gas Costs Paid(11,822) 
Performance Deposit Paid(3,840)(17,200)
Income Taxes Paid(700)(11,246)
Other Cash Payments(4,828)(6,678)
Net Cash Flows - Operating Activities260,487255,533
Cash Flows from Investing Activities  
Capital Expenditures(263,153)(208,042)
Purchase of Sundt Unit 4 Lease Asset (51,389)
Purchase of Intangibles - Renewable Energy Credits(4,102)(6,241)
Prepayment Deposit on UED Debt (3,188)
Other Cash Payments(578)(820)
Return of Investment in Springerville Lease Debt38,35325,615
Proceeds from Sale of Land and Buildings2,512 
Other Cash Receipts11,05010,933
Net Cash Flows - Investing Activities(215,918)(233,132)
Cash Flows from Financing Activities  
Proceeds from Borrowings Under Revolving Credit Facility238,000231,000
Proceeds from Issuance of Long-Term Debt91,08039,570
Proceeds from Stock Options Exercised7,4878,896
Other Cash Receipts3,0578,777
Repayments of Borrowings Under Revolving Credit Facilities(189,000)(199,000)
Payments of Capital Lease Obligations(74,381)(55,970)
Repayment of Long-Term Debt(79,665)(19,445)
Common Stock Dividends Paid(46,382)(42,326)
Payment of Debt Issue/Retirement Costs(759)(2,099)
Other Cash Payments(1,168)(1,827)
Net Cash Flows - Financing Activities(51,731)(32,424)
Net Increase (Decrease) in Cash and Cash Equivalents(7,162)(10,023)
Cash and Cash Equivalents, Beginning of Year67,59976,922
Cash and Cash Equivalents, End of Period60,43766,899
TEP [Member]
  
Cash Flows from Operating Activities  
Cash Receipts from Electric Retail Sales723,107704,027
Cash Receipts from Electric Wholesale Sales114,061140,207
Cash Receipts from Operating Springerville Units 3 & 480,55867,593
Cash Receipts from Gas Wholesale Sales11,825 
Performance Deposits Received1,6405,040
Reimbursement of Affiliate Charges13,92813,781
Interest Received5,3618,986
Income Tax Refunds Received4,3603,369
Other Cash Receipts12,46613,738
Payment of Other Operations and Maintenance Costs(215,896)(171,624)
Fuel Costs Paid(208,675)(173,796)
Taxes Other Than Income Taxes Paid, Net of Amounts Capitalized(93,444)(88,390)
Wages Paid, Net of Amounts Capitalized(76,739)(76,637)
Interest Paid, Net of Amounts Capitalized(34,161)(28,841)
Capital Lease Interest Paid(31,558)(37,099)
Wholesale Gas Costs Paid(11,822) 
Performance Deposit Paid(1,640)(5,040)
Purchased Power Costs Paid(82,321)(137,051)
Income Taxes Paid(2,346)(14,865)
Other Cash Payments(3,160)(2,487)
Net Cash Flows - Operating Activities205,544220,911
Cash Flows from Investing Activities  
Capital Expenditures(193,714)(171,813)
Purchase of Sundt Unit 4 Lease Asset (51,389)
Purchase of Intangibles - Renewable Energy Credits(4,000)(7,073)
Other Cash Payments(558)(1)
Return of Investment in Springerville Lease Debt38,35325,615
Other Cash Receipts6,6486,863
Net Cash Flows - Investing Activities(153,271)(197,798)
Cash Flows from Financing Activities  
Proceeds from Borrowings Under Revolving Credit Facility120,000177,000
Proceeds from Issuance of Long-Term Debt11,08030,000
Equity Investment from UniSource Energy 15,000
Other Cash Receipts1,0511,831
Repayments of Borrowings Under Revolving Credit Facilities(115,000)(157,000)
Payments of Capital Lease Obligations(74,343)(55,889)
Dividends Paid to Unisource Energy0(30,000)
Other Cash Payments(1,019)(2,682)
Net Cash Flows - Financing Activities(58,231)(21,740)
Net Increase (Decrease) in Cash and Cash Equivalents(5,958)1,373
Cash and Cash Equivalents, Beginning of Year19,98322,418
Cash and Cash Equivalents, End of Period$ 14,025$ 23,791