APPENDIX F. PROJECTIONS AND FORECASTS

ARIZONA CORPORATION COMMISSION REGULATION R14-2-103 APPENDIX ILLUSTRATIVE SCHEDULE FORMAT	Schedule:               F-1          Title: Projected Income Statements - Present and Proposed Rate
	Required For: All Utilities       x        Special Reqmt. Class A Class B Class C Class D
Explanation: Schedule showing an income statement for the pro- jected year, compared with actual test year results, at present rates proposed rates.

Projected Year

At Present                At Proposed

Actual                                          Rates                      Rates

Test Year                                   Year                          Year

Ended             (a)                          Ended_          (b)          Ended             (b)

Revenues:                                                                $                                                $                                $

Operating Expenses:

Operating Income                                                   $                                              $                                 $ Other Income & Deductions:

Interest

Net Income                                                              $                

$                            $                

Earnings per share of average

Common Stock Outstanding                                    $                

$ Optional             $ Optional

% Return on Common Equity

                %                                            %                         %

Supporting Schedules:                                                                                                                             Recap Schedules:

(a)   E-2                                                                                                     (b)                                           A-2

Corporation Commission – Fixed Utilities

ARIZONA CORPORATION COMMISSION REGULATION R14-2-103 APPENDIX ILLUSTRATIVE SCHEDULE FORMAT	Schedule:             F-2              Title: Projected Changes In Financial Present and Proposed Rates
	Required For: All Utilities                    Special Reqmt. Class A                x Class B                x Class C Class D
Explanation: Schedule showing projected changes in financial posi- tion for projected year compared with the test year, at pres- ent and proposed rates.

Projected Year

		At Present	At Proposed
		Rates	Rates
	Test Year	Year	Year
	Ended           (a)	Ended           (b)	Ended           (b)
Source of Funds:	$	$	$

Total Funds Provided                         $                                                     $                                             $

Application of Funds:

Total Funds Provided                          $                                                    $                                              $

Details of Financing:

Changes in Short-term Debt: Changes in Long-term Debt: Changes in Preferred Stock: Changes in Common Equity:

Supporting Schedules:                                                                                                                              Recap Schedules:

(a)   E-3                                                                                                     (b)                                            A-5

(c)   F-3

Corporation Commission – Fixed Utilities

ARIZONA CORPORATION COMMISSION REGULATION R14-2-103 APPENDIX ILLUSTRATIVE SCHEDULE FORMAT	Schedule:             F-3              Title: Projected Construction Requirements
	Required For: All Utilities                    Special Reqmt. Class A                  x           3 yrs. Class  B                  x   }  projected Class C                  x           1 yrs. Class  D                  x   }  projected
Explanation: Schedule showing projected annual construction requirements, by property classification, for 1 to 3 years sub- sequent to the test year compared with the test year.

	Actual		Projected
	Test Year		Test Year                Test Year            Test Year
Property Classification	Ended		Ended                       Ended                     Ended
Production Plant	$		$                             $                            $

  

 

Transmission Plant

Total Plant (a)                                          $                                                $                               $

NOTE:                                                                               For combination utilities, the above should be presented by department. Supporting Schedules:                                                                                                                             Recap Schedules:

(a)   F-2 & A-4

Corporation Commission – Fixed Utilities

ARIZONA CORPORATION COMMISSION REGULATION R14-2-103 APPENDIX ILLUSTRATIVE SCHEDULE FORMAT	Schedule:               F-4         Title: Assumptions Used in Developing Projection
	Required For: All Utilities       x        Special Reqmt. Class A Class B Class C Class D
Explanation: Documentation of important assumptions used in preparing forecasts and projections.

Important assumptions used in preparing projections should be explained. Areas covered should include:

1.         Customer growth

2.         Growth in consumption and customer demand

3.         Changes in expenses

4.Construction requirements, including production reserves and changes in plant capacity

5.         Capital structure changes

6.         Financing costs, interest rates

Supporting Schedules:                                                                                                                     Recap Schedules:

Corporation Commission – Fixed Utilities

ARIZONA CORPORATION COMMISSION REGULATION R14-2-103