The following schedules and exhibits are to be used in conjunction with this chapter.
| COMPANY NAME HISTORIC PROFITABILITY AND MARKET DATA CASE NO. PUE------ | Exhibit No.: ___________ Witness: _____________ Schedule 1 |
| Consolidated Company Profitability and Capital Market Data | 4th Year Prior | 3rd Year Prior | 2nd Year Prior | 1st Year Prior | Test Period |
| A. Ratios | |
| Return on Year End Equity Return on Average Equity | |
| Earnings Per Share Dividends Per Share Payout Ratio | |
| Market Price of Common Stock: Year's High Year's Low Average Price | |
| Dividend Yield on Common Stock: Price Earnings Ratio | |
| B. External Funds Raised | |
| External Funds Raised - Debt: Dollar Amount Raised Coupon Rate Bond Rating(s) | |
| (Rating Service) | |
| External Funds Raised - Preferred Stock: Dollar Amount Raised Dividend Rate Preferred Stock Rating(s) | |
| (Rating Service) | |
| External Funds Raised - Common Equity Dollar Amount from Public Offering Number Shares Issued Average Offering Price | |
| C. Subsidiary Data | |
| Return on Year End Equity Return on Average Equity | |
| External Funds Raised - Bonds: Dollar Amount Raised Coupon Rate Bond Rating(s) | |
| (Rating Service) | |
| External Funds Raised - Preferred Stock Dollar Amount Raised Dividend Rate Preferred Stock Rating(s) | |
| (Rating Service) | |
| Equity Capital Transfer | |
| From Parent (Dollar Amount-Net) | |
| COMPANY NAME INTEREST AND CASH FLOW COVERAGE DATA CASE NO. PUE------ | Exhibit No.: ___________ Witness: _____________ Schedule 2 |
| Coverage Ratios and Cash Flow Profile Data | 4th Year Prior | 3rd Year Prior | 2nd Year Prior | 1st Year Prior | Test Period |
| A. Consolidated Company Data | |
| Interest Coverage Ratio | |
| Pre-Tax | |
| Cash Flow Coverage Ratios | |
| a. Common Dividend Coverage | |
| b. Cash Flow Coverage of Construction Expenditures | |
| c. Cash After Dividends Coverage of Construction Expenditures | |
| Data for Interest Coverage | |
| 1 Net Income | |
| 2 Income Taxes | |
| 3 Interest on Mortgages | |
| 4 Other Interest | |
| 5 Total Interest | |
| 6 Earnings Before Interest and Taxes (Lines 1+2+5) | |
| Data for Cash Flow Coverage | |
| 7 Net Income | |
| 8 AFUDC | |
| 9 Amortization | |
| 10 Depreciation | |
| 11 Change in Deferred Taxes | |
| 12 Change in Investment Tax Credits | |
| 13 Preferred Dividends Paid | |
| 14 Cash Flow Generated (Lines 1-8+9+10+11+12-13) | |
| 15 Construction Expenditures | |
| 16 Common Dividends Paid | |
| B. Subsidiary Data | |
| Interest Coverage Ratio | |
| Pre-Tax (Line 6 / Line 5) | |
| Cash Flow Coverage Ratios | |
| a. Common Dividend Coverage (Line 14 / 16) | |
| b. Cash Flow Coverage of Construction Expenditures (Line 14 / 15) | |
| c. Cash After Dividends Coverage of Construction Expenditures ((Lines 14-16) / 15) | |
| Data for Interest Coverage | |
| 1 Net Income | |
| 2 Income Taxes | |
| 3 Interest on Mortgages | |
| 4 Other Interest | |
| 5 Total Interest | |
| 6 Earnings Before Interest and Taxes | |
| Data for Cash Flow Coverage | |
| 7 Net Income | |
| 8 AFUDC | |
| 9 Amortization | |
| 10 Depreciation | |
| 11 Change in Deferred Taxes | |
| 12 Change in Investment Tax Credits | |
| 13 Preferred Dividends Paid | |
| 14 Cash Flow Generated | |
| 15 Construction Expenditures | |
| 16 Common Dividends Paid | |
| COMPANY NAME CAPITAL STRUCTURE AND COST OF CAPITAL STATEMENT - PER BOOKS AND AVERAGE CASE NO. PUE------ | Exhibit No.:__ Witness: ____ Schedule 3 |
| (1) | (2) | (3) | (4) | (5) | (6) |
| 4th Year Prior | 3rd Year Prior | 2nd Year Prior | 1st Year Prior | Test Period | Five-Quarter or 13-Month Average |
| A. Capital Structure Per Balance Sheet ($) | |
| Short-Term Debt Customer Deposits Other Current Liabilities Long-Term Debt Preferred & Preference Stock Common Equity Investment Tax Credits Other Tax Deferrals Other Liabilities Total Capitalization | |
| B. Capital Structure Approved for Ratemaking Purposes ($) | |
| Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity Other (specify) Total Capitalization | |
| C. Capital Structure Weights for Ratemaking Purposes | |
| Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity Other (specify) Total Capitalization (100%) | |
| D. Component Capital Cost Rates (%) | |
| Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity (Authorized) Other (specify) | |
| E. Component Weighted Cost Rates (%) | |
| Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity (Authorized) Other (specify) Weighted Cost of Capital | |
| COMPANY NAME RATE OF RETURN STATEMENT - EARNINGS TEST - PER BOOKS FOR THE TEST YEAR ENDED --/--/-- USING THIRTEEN MONTH AVERAGE RATE BASE AND COMMON EQUITY | Exhibit No.: ___________ Witness: _____________ Schedule 9 |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| LINE NO. | | Total Company | Non-Jurisdictional | Virginia Cost of Service Amount (1)-(2) | Retail Transmission Per Books | Generation Per Books | Distribution Per Books | Virginia Jurisdictional Gen. and Distr. Cost of Service (5)+(6) |
| 1 | OPERATING REVENUE | |
| 2 | OPERATING REVENUE DEDUCTIONS | |
| 3 | OPERATION & MAINTENANCE EXPENSE | |
| 4 | DEPRECIATION & AMORTIZATION | |
| 5 | FEDERAL INCOME TAXES | |
| 6 | STATE INCOME TAXES | |
| 7 | TAXES OTHER THAN INCOME TAXES | |
| 8 | (GAIN)/LOSS ON DISPOSITION OF PROPERTY | |
| 9 | TOTAL OPERATING REVENUE DEDUCTIONS | |
| 10 | OPERATING INCOME | |
| 11 | | PLUS: | AFUDC | |
| 12 | | LESS: | CHARITABLE DONATIONS | |
| 13 | | INTEREST EXPENSE ON CUSTOMER DEPOSITS | |
| 14 | | INTEREST ON SUPPLIER REFUNDS | |
| 15 | | OTHER INTEREST EXPENSE/(INCOME) | |
| 16 | ADJUSTED OPERATING INCOME | |
| 17 | | PLUS: | OTHER INCOME/ ( EXPENSE) | |
| 18 | | LESS: | INTEREST EXPENSE-BOOKED | |
| 19 | | PREFERRED DIVIDENDS | |
| 20 | | JDC CAPITAL EXPENSE | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| 21 | INCOME AVAILABLE FOR COMMON EQUITY | |
| 22 | ALLOWANCE FOR WORKING CAPITAL | |
| 23 | | PLUS: | NET UTILITY PLANT | |
| 24 | | LESS: | OTHER RATE BASE DEDUCTIONS | |
| 25 | TOTAL AVERAGE RATE BASE | |
| 26 | TOTAL AVERAGE CAPITAL | |
| 27 | AVERAGE COMMON EQUITY CAPITAL | |
| 28 | % RATE OF RETURN EARNED ON AVG. RATE BASE | |
| 29 | % RATE OF RETURN EARNED ON AVG. COMMON EQ. | |
| Notes: For utilities subject to § 56-585.1 of the Code of Virginia, Column (2) nonjurisdictional shall include generation, transmission and distribution amounts attributable to nonjurisdictional customers. Retail transmission shall not be excluded in this column. |
| COMPANY NAME RATE OF RETURN STATEMENT - EARNINGS TEST GENERATION AND DISTRIBUTION - PER BOOKS FOR THE TEST YEAR ENDED --/--/-- USING THIRTEEN MONTH AVERAGE RATE BASE AND COMMON EQUITY | Exhibit No.: ________ Witness: __________ Schedule 10 |
| (1) | (2) | (3) | (4) |
| LINE NO. | | Virginia Juris. Cost of Service Including Rate Adjusting Clauses | Rate Adjustment Clause Pursuant to § 56-585.1A 5 b, c or d | Rate Adjustment Clause Pursuant to § 56-585.1A 6 | Virginia Juris. Cost of Service Excluding Rate Adjustment Clauses (1)-(2)-(3) |
| 1 | OPERATING REVENUE | |
| 2 | OPERATING REVENUE DEDUCTIONS | |
| 3 | OPERATION & MAINTENANCE EXPENSE | |
| 4 | DEPRECIATION & AMORTIZATION | |
| 5 | FEDERAL INCOME TAXES | |
| 6 | STATE INCOME TAXES | |
| 7 | TAXES OTHER THAN INCOME TAXES | |
| 8 | (GAIN)/LOSS ON DISPOSITION OF PROPERTY | |
| 9 | TOTAL OPERATING REVENUE DEDUCTIONS | |
| 10 | OPERATING INCOME | |
| 11 | PLUS: | AFUDC | |
| 12 | LESS: | CHARITABLE DONATIONS | |
| 13 | INTEREST EXPENSE ON CUSTOMER DEPOSITS | |
| 14 | INTEREST ON SUPPLIER REFUNDS | |
| 15 | OTHER INTEREST EXPENSE/(INCOME) | |
| 16 | ADJUSTED OPERATING INCOME | |
| 17 | PLUS: | OTHER INCOME/(EXPENSE) | |
| 18 | LESS: | INTEREST EXPENSE-BOOKED | |
| 19 | PREFERRED DIVIDENDS | |
| 20 | JDC CAPITAL EXPENSE | n/a | n/a | n/a | n/a |
| 21 | INCOME AVAILABLE FOR COMMON EQUITY | |
| 22 | ALLOWANCE FOR WORKING CAPITAL | |
| 23 | PLUS: | NET UTILITY PLANT | |
| 24 | LESS: | OTHER RATE BASE DEDUCTIONS | |
| 25 | TOTAL AVERAGE RATE BASE | |
| 26 | TOTAL AVERAGE CAPITAL | |
| 27 | AVERAGE COMMON EQUITY CAPITAL | |
| 28 | % RATE OF RETURN EARNED ON AVG. RATE BASE | |
| 29 | % RATE OF RETURN EARNED ON AVG. COMMON EQ. | |
| Note: Column (1) amounts for utilities subject to § 56-585.1 of the Code of Virginia shall come from Schedule 9 Column (7). |
| COMPANY NAME RATE OF RETURN STATEMENT - EARNINGS TEST ADJUSTED TO A REGULATORY ACCOUNTING BASIS FOR THE TEST YEAR ENDED --/--/-- USING THIRTEEN MONTH AVERAGE RATE BASE AND COMMON EQUITY | Exhibit No.: ____ Witness: ______ Schedule 11 |
| (1) | (2) | (3) |
| LINE NO. | | Per Books Virginia Juris. Cost of Service | Regulatory Accounting Adjustments | Virginia Jurisdictional Cost of Service after Adjustments (1)+(2) |
| 1 | OPERATING REVENUE | |
| 2 | OPERATING REVENUE DEDUCTIONS | |
| 3 | OPERATION & MAINTENANCE EXPENSE | |
| 4 | DEPRECIATION & AMORTIZATION | |
| 5 | FEDERAL INCOME TAXES | |
| 6 | STATE INCOME TAXES | |
| 7 | TAXES OTHER THAN INCOME TAXES | |
| 8 | (GAIN)/LOSS ON DISPOSITION OF PROPERTY | |
| 9 | TOTAL OPERATING REVENUE DEDUCTIONS | |
| 10 | OPERATING INCOME | |
| 11 | PLUS: | AFUDC | |
| 12 | LESS: | CHARITABLE DONATIONS | |
| 13 | INTEREST EXPENSE ON CUSTOMER DEPOSITS | |
| 14 | INTEREST ON SUPPLIER REFUNDS | |
| 15 | OTHER INTEREST EXPENSE/(INCOME) | |
| 16 | ADJUSTED OPERATING INCOME | |
| 17 | PLUS: | OTHER INCOME/(EXPENSE) | |
| 18 | LESS: | INTEREST EXPENSE-BOOKED | |
| 19 | PREFERRED DIVIDENDS | |
| 20 | JDC CAPITAL EXPENSE | |
| 21 | INCOME AVAILABLE FOR COMMON EQUITY | |
| 22 | ALLOWANCE FOR WORKING CAPITAL | |
| 23 | PLUS: | NET UTILITY PLANT | |
| 24 | LESS: | OTHER RATE BASE DEDUCTIONS | |
| 25 | TOTAL AVERAGE RATE BASE | |
| 26 | TOTAL AVERAGE CAPITAL | |
| 27 | AVERAGE COMMON EQUITY CAPITAL | |
| 28 | % RATE OF RETURN EARNED ON AVG. RATE BASE | |
| 29 | % RATE OF RETURN EARNED ON AVG. COMMON EQ. | |
| Note: Column (1) amounts for utilities subject to § 56-585.1 of the Code of Virginia shall come from Schedule 10 Column (4) and shall exclude Rate Adjustment Clauses. Column (1) amounts for utilities not subject to § 56-585.1 shall come from Schedule 9 Column (3). |
| COMPANY NAME RATE BASE STATEMENT - EARNINGS TEST - PER BOOKS THIRTEEN-MONTH AVERAGE PER BOOKS RATE BASE | Exhibit No.: ___________ Witness: _____________ Schedule 12 |
| (1) | (2) | (3) | (4) | (5) | (6) | (7) |
| LINE NO. | | Total Company | Non-Jurisdictional | Virginia Cost of Service Amount (1)-(2) | Retail Transmission Per Books | Generation Per Books | Distribution Per Books | Virginia Jurisdictional Gen. and Distr. Cost of Service (5)+(6) |
| 1 | ALLOWANCE FOR WORKING CAPITAL | |
| 2 | MATERIAL AND SUPPLIES | |
| 3 | CASH WORKING CAPITAL (LEAD LAG STUDY) | |
| 4 | DEFERRED FUEL/DEFERRED GAS NET OF FIT | |
| 5 | OTHER WORKING CAPITAL | |
| 6 | TOTAL ALLOWANCE FOR WORKING CAPITAL | |
| 7 | NET UTILITY PLANT | |
| 8 | UTILITY PLANT IN SERVICE | |
| 9 | ACQUISITION ADJUSTMENTS | |
| 10 | CONSTRUCTION WORK IN PROGRESS | |
| 11 | PLANT HELD FOR FUTURE USE | |
| 12 | LESS: | ACCUMULATED PROVISION FOR DEPRECIATION | |
| 13 | AND AMORTIZATION | |
| 14 | CUSTOMER ADVANCES FOR CONSTRUCTION | |
| 15 | TOTAL NET UTILITY PLANT | |
| 16 | RATE BASE DEDUCTIONS | |
| 17 | CUSTOMER DEPOSITS | |
| 18 | SUPPLIER REFUNDS | |
| 19 | ACCUMULATED DEFERRED INCOME TAXES | |
| 20 | OTHER COST FREE CAPITAL | |
| 21 | TOTAL RATE BASE DEDUCTIONS | |
| 22 | TOTAL AVERAGE RATE BASE | |
| Note: For utilities subject to § 56-585.1 of the Code of Virginia, Column (2) nonjurisdictional shall include generation, transmission and distribution amounts attributable to nonjurisdictional customers. Retail transmission shall not be excluded in this column. |
| COMPANY NAME RATE BASE STATEMENT - EARNINGS TEST GENERATION AND DISTRIBUTION PER BOOKS THIRTEEN-MONTH AVERAGE PER BOOKS RATE BASE | Exhibit No.: ________ Witness: __________ Schedule 13 |
| (1) | (2) | (3) | (4) |
| LINE NO. | | Virginia Juris. Cost of Service Including Rate Adjustment Clauses | Rate Adjustment Clause Pursuant to § 56-585.1A 5 b, c or d | Rate Adjustment Clause Pursuant to § 56-585.1A 6 | Virginia Juris. Cost of Service Excluding Rate Adjustment Clauses (1)-(2)-(3) |
| 1 | ALLOWANCE FOR WORKING CAPITAL | |
| 2 | MATERIAL AND SUPPLIES | |
| 3 | CASH WORKING CAPITAL (LEAD LAG STUDY) | |
| 4 | DEFERRED FUEL/DEFERRED GAS NET OF FIT | |
| 5 | OTHER WORKING CAPITAL | |
| 6 | TOTAL ALLOWANCE FOR WORKING CAPITAL | |
| 7 | NET UTILITY PLANT | |
| 8 | UTILITY PLANT IN SERVICE | |
| 9 | ACQUISITION ADJUSTMENTS | |
| 10 | CONSTRUCTION WORK IN PROGRESS | |
| 11 | PLANT HELD FOR FUTURE USE | |
| 12 | LESS: | ACCUMULATED PROVISION FOR DEPRECIATION | |
| 13 | AND AMORTIZATION | |
| 14 | CUSTOMER ADVANCES FOR CONSTRUCTION | |
| 15 | TOTAL NET UTILITY PLANT | |
| 16 | RATE BASE DEDUCTIONS | |
| 17 | CUSTOMER DEPOSITS | |
| 18 | SUPPLIER REFUNDS | |
| 19 | ACCUMULATED DEFERRED INCOME TAXES | |
| 20 | OTHER COST FREE CAPITAL | |
| 21 | TOTAL RATE BASE DEDUCTIONS | |
| 22 | TOTAL AVERAGE RATE BASE | |
| Note: Column (1) amounts for utilities subject to § 56-585.1 of the Code of Virginia shall come from Schedule 12 Column (7). |
| COMPANY NAME RATE BASE STATEMENT - EARNINGS TEST ADJUSTED TO A REGULATORY ACCOUNTING BASIS THIRTEEN-MONTH AVERAGE PER BOOKS RATE BASE | Exhibit No.: _______ Witness: _________ Schedule 14 |
| (1) | (2) | (3) |
| LINE NO. | | Per Books Virginia Juris. Cost of Service | Regulatory Accounting Adjustments | Virginia Jurisdictional Cost of Service after Adjustments (1)+(2) |
| 1 | ALLOWANCE FOR WORKING CAPITAL | |
| 2 | MATERIAL AND SUPPLIES | |
| 3 | CASH WORKING CAPITAL (LEAD LAG STUDY) | |
| 4 | DEFERRED FUEL/DEFERRED GAS NET OF FIT | |
| 5 | OTHER WORKING CAPITAL | |
| 6 | TOTAL ALLOWANCE FOR WORKING CAPITAL | |
| 7 | NET UTILITY PLANT | |
| 8 | UTILITY PLANT IN SERVICE | |
| 9 | ACQUISITION ADJUSTMENTS | |
| 10 | CONSTRUCTION WORK IN PROGRESS | |
| 11 | PLANT HELD FOR FUTURE USE | |
| 12 | LESS: | ACCUMULATED PROVISION FOR DEPRECIATION | |
| 13 | AND AMORTIZATION | |
| 14 | CUSTOMER ADVANCES FOR CONSTRUCTION | |
| 15 | TOTAL NET UTILITY PLANT | |
| 16 | RATE BASE DEDUCTIONS | |
| 17 | CUSTOMER DEPOSITS | |
| 18 | SUPPLIER REFUNDS | |
| 19 | ACCUMULATED DEFERRED INCOME TAXES | |
| 20 | OTHER COST FREE CAPITAL | |
| 21 | TOTAL RATE BASE DEDUCTIONS | |
| 22 | TOTAL AVERAGE RATE BASE | |
| Notes: Column (1) amounts for utilities subject to § 56-585.1 of the Code of Virginia shall come from Schedule 13 Column (4) and shall exclude Rate Adjustment Clauses. Column (1) amounts for utilities not subject to § 56-585.1 of the Code of Virginia shall come from Schedule 12 Column (3). |