volume 20 of 25 - nv energy...h-cert-01 to h-cert-11 . recorded test year ended december 31, 2019...

NEVADA POWER COMPANY d/b/a NV Energy

BEFORE THE

PUBLIC UTILITIES COMMISSION OF NEVADA

IN THE MATTER of the Application of NEVADA ) POWER COMPANY, d/b/a NV Energy, filed ) pursuant to NRS 704.110 (3) and (4), addressing its ) annual revenue requirement for general rates ) charged to all classes of customers. ) __________________________________________ ) Docket No. 20- 06____

VOLUME 20 of 25

WORK PAPERS

Statement A Statement B Statement C Statement D Statement E Statement F

Schedules F-1 to F-4 Statement G

Schedules G-1 to G-5 Statement H Schedule H-1

Certification Schedules: H-CERT-01 to H-CERT-11

Recorded Test Year ended December 31, 2019 Certification Period ended May 31, 2020

Expected Change in Circumstance Period ending December 31, 2020

Index

Page 2 of 238

Nevada Power Company d/b/a NV Energy

Volume 20 of 25

WORK PAPERS

Index Page 1 of 1

Description Page No.

Statement A Consolidated Balance Sheet 5

Statement B Consolidated Income Statement 16

Statement C Consolidated Statement of Retained Earnings 20

Statement D Statement of Cash Flows 23

Statement E Accountant’s Annual Report and Footnotes 36 Statement F Weighted Cost of Capital 38

Schedule F-1 Cost of Debt 38

Schedule F-2 Cost of Preferred Securities 38

Schedule F-3 Cost of Common Equity 38

Schedule F-4 Common Stock Transactions 38

Statement G Summary of Rate Base 78

Schedule G-1 Plant in Service Summary 82

Schedule G-2 Accumulated Provision for Depreciation Summary 89

Schedule G-3 Depreciation Methods, Procedures and Rates 96

Schedule G-4 Average Balances of Fuel, Materials and Supplies and Prepaids 103

Schedule G-5 Calculation of Cash Working Capital 108

Statement H Summary of Results of Operations Before & After Rate Adjustment 110

Schedule H-1 Detail of Certification and ECIC Adjustments and Tax Effects 122

H-CERT-01 Summary of Certification Adjustments 131

H-CERT-02 Present Rate Revenue Reconciliation 133

H-CERT-03 Fuel and Purchased Power Expense Annualization 135

H-CERT-04 Cash Working Capital Calculation Before and After Rate Adjustment 137

H-CERT-05 Mill Tax 140

H-CERT-06 Interest Synchronization 142

H-CERT-07 Uncollectible Accounts Expense 144

H-CERT-08 Taxes Other Than Income 146

H-CERT-09 Income Tax M-1 Items 159

H-CERT-10 Deferred Income Tax Expense 159

H-CERT-11 Income Tax Rate Base Adjustments 159

Page 3 of 238

Statement A Work Papers

Page 4 of 238

NEVADA POWER COMPANY STATEMENT A

d/b/a NV Energy PAGE 1 OF 2

CONSOLIDATED BALANCE SHEET BEHRENS

AS OF DECEMBER 31, 2019 AND 2018

(IN THOUSANDS)

(a) (b) (c)

Ln As Recorded As Recorded Ln

No Assets and Other Debits December 31, 2019 December 31, 2018 No

1 Utility Plant A.3 A.5 1

2 Utility Plant (101-106,114) $ 9,758,377 $ 9,737,016 2

3 Construction Work in Progress (107) 194,873 96,774 3

4 Total Utility Plant 9,953,250 9,833,790 4

5 5

6 Less: Accumulated Prov for Depr and Amort (108, 110, 111) (3,276,928) (3,283,353) 6

7 Net Utility Plant 6,676,322 6,550,437 7

8 8

9 Utility Plant Adjustment (116) (352) (352) 9

10 10

11 Other Investments (121-128) 42,186 37,676 11

12 12

13 Current and Accrued Assets 13

14 Cash and Cash Equivalents (131-136) 14,695 110,688 14

15 Notes and Accounts Receivable (Less Accumulated Provision 15

16 for Uncollectible Accounts) (141-146, 171-173) 220,834 240,406 16

17 Materials, Supplies and Fuel (151, 154, 163, 164) 61,760 60,930 17

18 Prepayments (165) 59,711 56,595 18

19 MTM Asset Value (175.7) 164 6,617 19

20 Total Current and Accrued Assets 357,164 475,236 20

21 21

22 Deferred Debits 22

23 Unamortized Debt Expense (181) 25,779 25,817 23

24 Deferred Energy - Electric (182.3, 182.4) - 47,674 24

25 Other Regulatory Assets (182) 745,109 721,329 25

26 Preliminary Survey (183) 3,085 2,809 26

27 Clearing Accounts (184) 763 185 27

28 Miscellaneous Deferred Debits (186) 156,043 175,046 28

29 Unamortized Loss on Reacquired Debt (189) 22,283 24,314 29

30 Accumulated Deferred Income Taxes (190) 851,936 863,914 30

31 Total Deferred Debits 1,804,998 1,861,088 31

32 32 33 Total Assets and Other Debits $ 8,880,318 $ 8,924,085 33

Page 5 of 238

A.1

NEVADA POWER COMPANY STATEMENT A


CONSOLIDATED BALANCE SHEET BEHRENS

AS OF DECEMBER 31, 2019 AND 2018

(IN THOUSANDS)

(a) (b) (c)

Ln As Recorded As Recorded Ln

No Capitalization and Liabilities December 31, 2019 December 31, 2018 No

1 Capitalization A.3 A.5 1

2 Common Shareholders Equity (201, 207, 211, 214, 215, 216) $ 2,802,032 $ 2,908,276 2

3 Long Term Debt (221, 223, 224, 225, 226) 1,801,093 1,877,465 3

4 Accumulated Other Comprehensive Income (219) (3,653) (3,840) 4

5 Total Capitalization 4,599,472 4,781,901 5

6 6

7 Other Non-Current Liabilities 7

8 Operating and Finance/Capital Leases (227) 444,688 442,426 8

9 Accrued Retirement Benefits (228.3) 34,046 51,970 9

10 MTM Liability Value Deferred (244.7) 2,655 1,457 10

11 Asset Retirement Obligations (230) 73,272 82,610 11

12 Other (228.2,229) 2,188 2,097 12

13 Total Other Non-Current Liabilities 556,849 580,560 13

14 14

15 Current and Accrued Liabilities 15

16 Current Maturity Long Term Debt and Leases (229.4, 243) 600,928 520,684 16

17 Accounts Payable (232-234, 241) 215,146 208,674 17

18 Customer Deposits (235) 62,308 66,541 18

19 Accrued Taxes (236) 6,527 15,878 19

20 Accrued Interest (237) 30,206 37,515 20

21 MTM Liability Value - Current (244.75) 5,012 2,055 21

22 Other Current and Accrued Liabilities (242) 9,193 8,740 22

23 Total Current and Accrued Liabilities 929,320 860,087 23

24 24

25 Deferred Credits 25

26 Accumulated Deferred Federal Income Taxes (282-283) 1,568,786 1,614,868 26

27 Accumulated Deferred Investment Tax Credits (255) 12,481 13,004 27

28 Regulatory Liabilities (254) 1,004,995 910,194 28

29 Deferred Energy Electric (254.3) 46,330 - 29

30 Risk Management Regulatory Liabilities (254) 164 6,617 30

31 Customer Advances for Construction (252) 65,866 61,709 31

32 Other Deferred Credits (253, 257) 96,055 95,145 32

33 Total Deferred Credits 2,794,677 2,701,537 33

34 34 35 Total Capitalization and Liabilities $ 8,880,318 $ 8,924,085 35

Page 6 of 238

A.2

Nevada Power Company

Balance Sheet Summary

As of December 31, 2019

To Stmt A

Asset Lines A.4 Sum of

CWIP b 194,872,654 3

n/a 4

n/a 5

Accum Depr & Amort c (3,276,928,292) 6

6,676,321,485 7

n/a 8

Utility plant adjustments r (351,632) 9

n/a 10

Other Invest d 42,185,575 11

n/a 12

n/a 13

Cash & cash equiv e 14,694,794 14

Notes & A/R less resrv n/a 15

less prov for uncoll f 220,833,565 16

Materials, Supples % Fuel g 61,760,206 17

Prepayments h 59,711,529 18

MTM Asset Val Def i 164,039 19

357,164,133 20

n/a 21

Deferred energy-electric q - 24

n/a 22

Unamort Debt Exp j 25,778,894 23

Other Reg Assets k 745,109,191 25

Prelim Survey and Inv. Chrgs l 3,085,140 26

Clearing accts m 763,102 27

Misc. deferred debits n 156,042,787 28

Unamort Loss on Reacq. Debt p 22,282,830 29

Accum Def FIT o 851,935,650 30

1,805,161,632 31

n/a 32

: A.1 Assets

1

Utility Plant a 9,758,377,123 2

8,880,317,155 33

Less: FIN 48 OSA 5,207,213

Less: Liab in Assets (3,562,099)

8,881,962,269

A.3

Page 7 of 238




-To Stmt A

Liability Lines A.4 Sum of: A.2 Liab

n/a 1

Com Shhldr Equity aa 2,802,032,240 2

Pref Stk Issued

Lg Term Debt bb 1,801,093,481 3

Comp Other Inc cc (3,653,355) 4

4,599,472,366 5

n/a 6

n/a 7

Captial Leases dd 444,688,414 8

Acc'd Ret Ben qq 34,046,123 9

MTM Liab Value mm 2,654,704 10

AROs ll 73,271,587 11

Other ee 2,187,621 12

556,848,449 13

n/a 14

Short Term Borrow n/a 15

Curr Port LTD, Stk, Cap ff 600,927,577 16

A/P gg 215,145,906 17

Cust Dep hh 62,307,975 18

Acc'd Taxes ii 6,526,611 19

Acc'd Int jj 30,205,714 20

Div Declared kk -

MTM Liab Value - curr tt 5,011,930 21

Oth Curr Acc'd Liab ww 9,193,256 22

929,318,969 23

24

n/a 25

Accum Def FIT nn 1,568,785,764 26

Accum Def ITC oo 12,480,898 27

Reg Liab pp 1,004,995,417 28

Deferred Energy - Elec vv 46,330,437 29

Risk Mgmt Reg Liab uu 164,039

Cust Adv for Const rr 65,865,645 30

Oth Def Credits ss 96,055,170 31

2,794,677,371 32

n/a 33

8,880,317,155 34

Less: FIN 48 OSA 5,207,213


8,881,962,269

(0)

A.3

Page 8 of 238

Nevada Power Co dba NV Energy Run Time: 01/09/20 4:31 PM

Balance Sheet Layout Name: BALSHEETDETAIL As of December 31, 2019 Report Request: BS

Scope: NVPWR

December November

2019 2019

ASSETS & OTHER DEBITS

Utility plant

101 Plant in service $ 9,660,816,419 a $ 9,620,733,940

102 Plant purchased - a -

103 Experimental plan in service - a -

105 Plant held for future use 24,762,337 a 1,631,631

107 Construction work in progress 194,872,654 b 194,717,290

114 Electric plant acquisition adjustment 72,798,367 a 72,798,367

118 Other plant common - a -

Total plant 9,953,249,777 9,889,881,228

108/111 Accumulated provision for depreciation & amortization (3,229,451,262) c (3,209,420,490)

115 Accumulated provision for amortization of electric plant adjustment (47,477,030) c (47,054,648)

119 Accumulated provision for depreciation - common - c -

Total accumulated provision for depreciation & amortization (3,276,928,292) (3,256,475,138)

Utility plant - net 6,676,321,485 6,633,406,090

116 Utility plant adjustments (351,632) r (351,632)

Other property and investments

121 Nonutility property 1,428,009 d 1,428,009

122 Accumulated provision for depreciation non-util (34,875) d (33,773)

123.1 Investment in subsidiaries - d -

124 Other investments 30,014,315 d 29,501,155

128 Other special funds 10,778,126 d 9,904,653

Total other property and investments 42,185,575 40,800,044

Cash

131 Cash local 4,318,178 e (1,171,354)

132/134 Special deposits 160,408 e 194,255

135 Working funds - e -

136 Temporary cash investments 10,216,208 e 172,903,250

Total cash 14,694,794 171,926,151

Receivables

141 Notes receivable - f -

142 Customer accounts receivable 115,141,360 f 129,445,470

173 Unbilled receivables 109,194,923 f 100,613,191

143 Other accounts receivable 4,621,912 f 4,762,895

Total receivables 228,958,195 234,821,557

144 Accumulated provision for uncollectible (14,924,423) f (14,452,370)

146 Accounts receivable associated co. 11,767,275 f 4,719,184

171 Interest & dividends income receivable - f -

Total receivables - net 225,801,047 225,088,371

Inventory

151 Fuel stock - g 239,479

154 Plant materials and operating supplies 61,545,758 g 60,802,314

163 Store exp undistributed 214,448 g 657,068

164 Natural gas storage - g -

164 Liquid natural gas stored - g -

Total inventory 61,760,206 61,698,861

Current & accrued assets

165 Prepayments 59,711,529 h 57,102,044 FIN 48 OSA

165.5 Prepaid Equity Issuance-PIES - h -

174 Miscellaneous current & accrued assets - - 190 (239,731)

Total current and accrued assets 59,711,529 57,102,044 146 (4,967,482)

(5,207,213)

Deferred debits

175.7 MTM Asset Value Deferred 164,039 i 176,496

180 Goodwill - -

181 Unamortized debt issuance expense 25,778,894 j 25,979,337 Other RA

182/186 Other regulatory assets 891,490,665 >> 907,323,432

183 Preliminary survey 3,085,140 l 2,943,974 182.3 737,442,557

184 Clearing account 763,102 m 111,922 186 154,048,108

182 Deferred energy-electric - q - Ref. 891,490,665

191 Deferred energy-gas - -

182.32 Risk management regulatory assets 7,666,634 k 8,188,916

186 Misc deferred debits (1,567,420) n (1,295,718)

189 Unamortized loss on reacquired debt

190 Accum deferred income taxes

22,282,830

852,175,381

p

o

22,408,174

861,510,565 Job orders OSA

Total deferred debits 1,801,839,264 1,827,347,098 186 3,562,099

232 (3,562,099)

TOTAL ASSETS AND OTHER DEBITS $ 8,881,962,269 $ 9,017,017,025 Ref. -

o

f

k

n

n

gg

Page 9 of 238

A.4



Scope: NVPWR

December November

2019 2019

LIABILITIES & OTHER CREDITS

Proprietary capital

201 Common stock issued & outstanding 1,000 $ aa 1,000 $

217 Treasury stock - -

Total common stock 1,000 1,000

Preferred stock and securities

204 Preferred Stock - -

223 Redeemable preferred stock - -

Total preferred stock and securities - -

207 Premium on capital stock 773,510,116 aa 773,510,116

210 Gain on reacq preferred stock - -

211 Misc paid-in capital 1,537,639,552 aa 1,537,639,552

214 Capital stock expense (2,930,253) aa (2,930,253)

Total additional paid in capital 2,308,219,416 2,308,219,416

215 Appropriated retained earnings 1,761,715 aa 1,761,715

216 Unappropriated retained earnings 491,437,210 aa 553,905,109 216 612,900

Total retained earnings 493,198,925 555,666,823

219 Accumulated Other Comprehensive Income (3,653,355) cc (3,681,478)

Total proprietary capital 2,797,765,986 2,860,205,761

Long term debt

221 First mortgage bonds 92,500,000 bb 92,500,000

224.5 Premium Inc Equity Securities - bb -

224 Other long term debt 1,716,300,000 bb 1,716,300,000

225 Unamortized premium on LT debt - bb -

226 Unamortized discount on LT debt (7,706,519) bb (7,757,068)

Total long term debt 1,801,093,481 1,801,042,932

Other non-current liabilities

227 Capital leases 444,688,414 dd 444,832,619

228.2 Injuries & damages 1,550,064 ee 1,555,575

228.3 Pension liability 30,064,104 qq 37,812,580

229 Provision for rate refund 637,557 ee 3,098,574

228xxx Other non-current liabilities 3,982,019 qq 3,732,724

230 ARO Liability 59,680,082 ll 64,414,251

Total other non-current liab. 540,602,240 555,446,322

Current Liabilities: 230 13,591,505

231 Notes payable - - 242 1,379,133

232 Accounts payable trade 161,970,849 gg 132,774,585 Ref. 14,970,638

232 Accounts payable other 3,509,351 gg 5,208,015

234 Accounts payable assoc co 25,312,325 gg 44,004,756

235 Customer deposits 62,307,975 hh 70,370,799

236 Taxes accrued 6,526,611 ii 63,346,362

237 Interest accrued 30,953,547 jj 21,684,055

238 Dividend declared - kk -

241 Tax collect pay 18,276,723 gg 12,962,804

232.5/242.5 Accrued salaries & wages 10,328,681 >> 23,041,873

244.75 MTM Liability value deferred - current 5,011,930 tt 4,963,641 232 2,514,558

242 Misc current and accrued 14,970,638 >> 11,241,948 242 7,814,123

224.9/243 Current maturities 600,927,577 >> 601,546,336 Ref. 10,328,681

Total current liabilities 940,096,208 991,145,175

Deferred Credits: 224.9 575,000,000

244.7 MTM Liability Value Deferred 2,654,704 mm 3,225,275 243.1 25,927,577

252 Customer advances for construction 65,865,645 rr 65,656,532 600,927,577

253 Other deferred credits 103,858,035 ss 99,276,998

254 Regulatory tax liabilities 637,246,643 pp 640,111,757

254.8 Risk management regulatory liability 164,039 uu 176,496

254/256 Regulatory liabilities 367,748,774 pp 379,915,462 All 254

254.3 Deferred energy-electric 46,330,437 vv 43,189,268

255 Deferred ITC and JDIC 12,480,898 oo 12,528,055

254/256 Other regulatory liabilities - -

257 Unamortized gain on reacq debt 156,031 ss 156,954

Total deferred credits 1,236,505,207 1,244,236,797

Accumulated income taxes

282 Deferred income tax - other property 1,424,982,070 nn 1,423,530,038

283 Deferred income tax - deferred fuel (9,729,392) nn (9,069,746)

283 Deferred income tax - other 150,646,470 nn 150,479,746 282 2,886,616

Total deferred income taxes 1,565,899,148 1,564,940,038 253 (7,958,896)

237 (747,833)

TOTAL LIABILITIES AND OTHER CREDITS 8,881,962,269 $ 9,017,017,025 $ Ref. (5,820,113)

FIN 48 OSA

FIN 48 OSA

Accrued Salaries & Wages

ARO Reclass

aa

ll

ww

gg

ww

ff

ff

nn

ss

jj

Page 10 of 238

A.4




To Stmt A

Asset Lines A.6 Sum of: A.1 Assets

1

Utility Plant a 9,737,015,650 2

CWIP b 96,774,420 3

9,833,790,070 4

n/a 5

Accum Depr & Amort c (3,283,352,628) 6

n/a 7

PHFU -Orther Plant r (351,632) 8

n/a 9

Other Invest d 37,676,131 10

n/a 11

n/a 12

Cash & cash equiv e 110,687,745 13

Notes & A/R less resrv n/a 14

less prov for uncoll f 240,406,481 15

Materials, Supples % Fuel g 60,930,391 16

Prepayments h 56,592,283 17

MTM Asset Val Def i 6,617,395 18

475,234,294 19

n/a 20

n/a 21

Unamort Debt Exp j 25,817,317 22

Deferred energy-electric q 47,673,554 23

Other Reg Assets k 721,328,844 24

Prelim Survey and Inv. Chrgs l 2,809,443 25

Clearing accts m 185,154 26

Misc. deferred debits n 175,046,012 27

Unamort Loss on Reacq. Debt p 24,313,707 28

Accum Def FIT o 863,914,333 29

1,813,414,810 30

n/a 31

8,924,084,599 32

Add: Assets in Liab


8,919,897,368

1

A.5

Page 11 of 238



As of December 31, 2018 To Stmt A

Liability Lines A.6 Sum of: A.2 Liab

n/a 1

Com Shhldr Equity aa 2,908,276,268 2

Pref Stk Issued -

Lg Term Debt bb 1,877,465,008 3

Comp Other Inc cc (3,840,363) 4

4,781,900,914 5

n/a 6

n/a 7

Captial Leases dd 442,425,948 8

Acc'd Ret Ben qq 51,970,331 9

MTM Liab Value mm 1,456,571 10

AROs ll 82,610,083 11

Other ee 2,094,387 12

580,557,320 13

n/a 14

Short Term Borrow n/a 15

Curr Port LTD, Stk, Cap ff 520,683,798 16

A/P gg 208,674,425 17

Cust Dep hh 66,540,919 18

Acc'd Taxes ii 15,878,078 19

Acc'd Int jj 37,515,452 20

Div Declared kk -

MTM Liab Value - curr tt 2,054,972 21

Oth Curr Acc'd Liab ww 8,740,447 22

860,088,092 23

24

25

Accum Def FIT nn 1,614,868,040 26

Accum Def ITC oo 13,004,176 27

Reg Liab pp 910,194,270 28

Deferred Energy - Elec vv - 29

Risk Mgmt Reg Liab uu 6,617,395

Cust Adv for Const rr 61,709,055 30

Oth Def Credits ss 95,145,337 31

2,701,538,274 32

n/a 33

8,924,084,600 34

Less: Asset in Liab


8,919,897,368

-

A.5

Page 12 of 238



Scope: NVPWR

December November

2018 2018


Utility plant

101 Plant in service 9,659,306,593 $ a 9,601,290,154 $







Total plant 9,833,790,070 9,793,312,729














Cash

131 Cash local 7,023,286 e 8,422,326




Total cash 110,687,745 163,474,568

Receivables










Inventory

151 Fuel stock 5,092,744 g 5,430,864


163 Store exp undistributed 104,466 g (11,605)



Total inventory 60,930,391 59,481,358


165 Prepayments 56,592,283 h 53,521,393


174 Miscellaneous current & accrued assets - -

Total current and accrued assets 56,592,283 53,521,393

Deferred debits

175.7 MTM Asset Value Deferred 6,617,395 i 5,334,674

180 Goodwill - -

181 Unamortized debt issuance expense 25,817,317 j 26,088,627

182/186 Other regulatory assets 891,501,233 >> 874,901,492

183 Preliminary survey 2,809,443 l 2,724,099 182.3 717,817,301

184 Clearing account 185,154 m 88,032 186 173,683,933

182 Deferred energy-electric 47,673,554 q 26,208,261 Ref. 891,501,233




189 Unamortized loss on reacquired debt 24,313,707 p 24,486,937

190 Accum deferred income taxes 863,914,333 o 860,753,098

Total deferred debits 1,863,518,527 1,817,428,560 186 4,187,232

232 (4,187,232)

TOTAL ASSETS AND OTHER DEBITS 8,919,897,367 $ 8,900,648,917 $ Ref. -

Other RA

Job orders OSA

k

n

n

gg

Page 13 of 238

A.6


Proprietary capital

201 Common stock issued & outstanding

217 Treasury stock

Total common stock


204 Ser A 80500 $50 $2.44

204 Ser B 82000 $50 $2.36

204 Ser C 299800 $50 $3.90

204 Ser G 408000 $50 $1.95

204 Class A Ser1 $25 $1.95

223 Redeemable preferred stock

Total preferred stock and securities

207 Premium on capital stock

210 Gain on reacq preferred stock

211 Misc paid-in capital

214 Capital stock expense

Total additional paid in capital

215 Appropriated retained earnings

216 Unappropriated retained earnings

Total retained earnings

219 Accumulated Other Comprehensive Income

Total proprietary capital

Long term debt

221 First mortgage bonds

224.5 Premium Inc Equity Securities

224 Other long term debt

225 Unamortized premium on LT debt

226 Unamortized discount on LT debt

Total long term debt


227 Capital leases

2282xx Injuries & damages

228305 Pension liability

229 Provision for rate refund

228xxx Other non-current liabilities

230 ARO Liability

Total other non-current liab.

Current Liabilities:

231 Notes payable

232 Accounts payable trade

232 Accounts payable other

234 Accounts payable assoc co

235 Customer deposits

236 Taxes accrued

237 Interest accrued

238 Dividend declared

241 Tax collect pay

232.5/242.5 Accrued salaries & wages

244.75 MTM Liability value deferred - current

242 Misc current and accrued

224.9/243 Current maturities

Total current liabilities

Deferred Credits:

244.7 MTM Liability Value Deferred

252 Customer advances for construction

253 Other deferred credits

254 Regulatory tax liabilities

254.8 Risk management regulatory liability

254/256 Regulatory liabilities

254.3 Deferred energy-electric

255 Deferred ITC and JDIC

254/256 Other regulatory liabilities

257 Unamortized gain on reacq debt

Total deferred credits


282 Deferred income tax - other property

283 Deferred income tax - deferred fuel

283 Deferred income tax - other

Total deferred income taxes

TOTAL LIABILITIES AND OTHER CREDITS



Scope: NVPWR

December November

2018 2018

$ 1,000 aa $

-

1,000

-

1,000 1,000

- -

- -

- -

- -

- -

- -

-

773,510,116

-

1,537,639,552

(2,930,253)

2,308,219,416

1,761,715

598,294,138

aa

aa

aa

aa

aa

cc

bb

bb

bb

bb

bb

dd

ee

qq

ee

qq

ll

gg

gg

gg

hh

ii

jj

kk

gg

>>

tt

>>

>>

mm

rr

ss

pp

uu

pp

vv

oo

ss

-

773,510,116

-

1,537,639,552

(2,930,253)

2,308,219,416

1,761,715

600,063,781

601,825,496

(4,200,385)

2,905,845,526

92,500,000

-

1,791,300,000

72,259

(6,424,987)

1,877,447,273

443,868,350

1,606,346

15,203,405

4,905,202

15,248,706

72,996,231

553,828,240

-

119,174,330

7,753,348

25,258,180

64,190,840

54,288,974

26,782,818

-

13,913,725

20,841,693

2,894,234

9,183,306

518,947,505

863,228,951

3,762,722

61,604,087

90,207,101

598,683,466

5,334,674

312,312,497

-

13,052,677

-

168,035

600,055,853

(3,840,363)

2,904,435,905

92,500,000

-

1,791,300,000

51,614

(6,386,605)

1,877,465,008

442,425,948

1,600,894

37,121,354

493,493

14,848,977

70,058,169

566,548,835

-

154,541,652

6,847,403

21,857,056

66,540,919

10,910,595

37,515,452

-

19,014,433

9,694,854

2,054,972

13,824,155

520,683,798

863,485,291

1,456,571

61,709,055

101,895,708

595,147,649

6,617,395

315,046,621

-

13,004,176

-

167,112

ARO reclass

230 12,551,914

242 1,272,241

Ref. 13,824,155


232 2,226,649

242 7,468,205

Ref. 9,694,854

224.9 499,745,000

243.1 20,938,798

520,683,798

1,095,044,288 1,085,125,259

$

1,440,695,762

9,894,004

162,328,274

1,612,918,039

8,919,897,367

nn

nn

nn

$

1,449,101,371

5,294,708

160,777,589

1,615,173,668

8,900,648,917

FIN 48 OSA

282

253

236

Ref.

FIN 48 OSA

(1,950,000)

6,917,483

(4,967,483)

4,967,483

ll

ww

gg

ww

ff

ff

nn

ss

ii

Page 14 of 238

A.6

Statement B Work Papers

Page 15 of 238

NEVADA POWER COMPANY

d/b/a NV Energy

CONSOLIDATED INCOME STATEMENT

FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2019

(IN THOUSANDS)

STATEMENT B

PAGE 1 OF 1

BEHRENS

Ln

No Description

(a) (b)

Total

Ln

No

1 Utility Operating Income 1

2 Operating Revenue (400) B.2 $ 2,220,672 2

3 3

4 Operating Expenses 4

5 Operation Expense (401) 1,285,793 5

6 Maintenance Expense (402) 43,428 6

7 Depreciation and Amortization Exp (403-407) 383,979 7

8 Taxes Other Than Income Taxes (408) 52,200 8

9 Income Taxes - Federal (409.1) 100,512 9

10 Provision for Deferred Income Taxes (410.1,411.1) (29,631) 10

11 Investment Tax Credit Adjustment - Net (411.4) (519) 11

12 Total Utility Operating Expense 1,835,762 12

13 13

14 Net Utility Operating Income 384,910 14

15 Other Income and Deductions 15

16 Non-Utility Operating Income (417) 179 16

17 Interest and Dividend Income (419) 13,212 17

18 Allowance for Other Funds Used During 18

19 Construction (419.1) 5,294 19

20 Miscellaneous Non-operating Income (421) 8,064 20

21 Total Other Income 26,749 21

22 22

23 Other Income Deductions 23

24 Miscellaneous Income Deductions (426) 12,503 24

25 Total Other Income Deductions 12,503 25

26 26

27 Taxes Applicable to Other Income and Deductions 27

28 Taxes - Other than Income Taxes (408.2) 89 28

29 Income Taxes - Federal/State (409.2) 2,236 29

30 Provision for Deferred Income Taxes (410.2, 411.2) 14 30

31 Investment Tax Credit Adjustment (411.4) (4) 31

32 Total Taxes on Other Income and Deductions 2,335 32

33 33

34 Total Other Income and Deductions 11,911 34

35 35

36 Interest Charges 36

37 Interest on Long-Term debt (427) 116,846 37

38 Amortization of Debt Discount and Expense (428) 3,539 38

39 Amortization of Loss/Gain on Reacquired Debt (428.1, 429.1) 2,020 39

40 Amortization of Premium on Debt - Credit (429) (52) 40

41 Other Interest Expense (431) 12,526 41

42 42

43 Total Interest Charges 134,879 43

44 44

45 Allowance for Borrowed Funds Used During 45

46 Construction - Credit (432) (2,814) 46

47 47

48 Net Interest Charges 132,065 48

49 49

50 Net Income $ 264,756 50

B.1

Page 16 of 238


Net Income Summary


EX. C

NPC I.S., Page 1 Line #

n/a 1

Operating Rev B.2 a 2,220,671,772 2,220,671,772 2 B.1

n/a 3

n/a 4

Operating Exp b 1,285,792,460 5

Maintenance Exp c 43,428,025 6

Depr & Amort Exp d 383,979,378 7

Taxes on Oth than Inc Tax e 52,199,570 8

Income Tax - Fed (409.1) f 100,512,186 9

Prov for Def Inc Taxes g (29,631,160) 10

Invest. Tax Credit Adj - Net h (519,404) 11

- 1,835,761,055 12

n/a 13

n/a 384,910,716 14

n/a 15

Other Inc - 16

Non-Utility Operating Inc i 178,931 17

Int & Dividend Inc j 13,212,439 18

n/a 19

AFUDC k 5,293,992 20

Misc Non-operating Inc l 8,064,196 21

n/a 26,749,557 22

n/a 23

n/a 24

Misc Inc Deductions m 12,503,159 25

n/a 12,503,159 26

n/a 27

n/a 28

Tax - Oth than Inc Tax (408.1) n 89,041 29

Income Tax - Fed (409.2) o 2,236,019 30

Prov for Def Inc Taxes p 14,263 31

ITC Write Off on Disposal of Assets q (3,874) 32

n/a 2,335,449 33

n/a 34

n/a 11,910,949 35

n/a 36

n/a 37

Int on Lg term Debt r 116,845,900 38

Amort of Debt Disc & Exp s 3,539,235 39

Amort of Loss of Reacq'd Debt t 2,019,796 40

Amort of Perm on Debt Credit u (51,614) 41

Req'ts for Trust Pref'd Securities - 42

Other Interest Exp v 12,526,234 43

n/a 44

n/a 134,879,551 45

n/a 46

n/a 47

AFUDC - Credit w (2,813,858) (2,813,858) 48

Perf Stock Divid Requirement - 49

n/a 132,065,694 50

n/a 51

n/a 264,755,972 52

612,900

Sum of:

B.2

Page 17 of 238

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v

B.3

Page 18 of 238

Statement C Work Papers

Page 19 of 238

NEVADA POWER COMPANY STATEMENT C


CONSOLIDATED STATEMENT OF RETAINED EARNINGS BEHRENS

FOR THE TWELVE MONTHS ENDED DECEMBER 31, 2019

(IN THOUSANDS)

(a) (b)

Ln Ln

No Amount No

1 C.2 600,056$ 1

2 264,756 # 2

3 864,812 3

4 4

5 5

6 (371,000) 6

7 7

8 493,812$ 8

# - Agrees to NPC 2019 GRC IS as adjusted for FIN 48 OSA adjustments

Retained Earnings at End of Period

Description

Retained Earnings at Beginning of Period

Net Income

Balance

Dividends Declared:

Common Stock

C.1

Page 20 of 238

Nev

ad

a P

ow

er C

o d

ba

NV

En

erg

yR

un T

ime:

01/1

5/2

0 1

1:0

1 A

M

Ret

ain

ed E

arn

ings

Lay

out

Nam

e: R

etai

ned

Ear

nin

gs

As

of

Dec

emb

er 3

1,

2019

Rep

ort

Req

ues

t: R

ET

_E

AR

N

Sco

pe:

NV

PW

R

Tit

leC

urren

t M

on

thY

ear t

o D

ate

12 M

on

ths

Cu

rren

t Y

ear

Las

t Y

ear

Var

iance

Fav

/(U

nfa

v)

%

Fav

/(U

nfa

v)

Cu

rren

t Y

ear

Las

t Y

ear

Var

iance

Fav

/(U

nfa

v)

%

Fav

/(U

nfa

v)

Curr

ent

Yea

r

Ret

ained

Ear

nin

gs

Beg

innin

g5

55

,66

6,8

23

601,8

25,4

96

(4

6,1

58,6

72)

(7

.7%

)600,0

55,8

53

373,7

27,5

70

226,3

28,2

83

60.6

%600,0

55,8

53

Net

Inco

me

13

,53

2,1

01

(1

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43)

15,3

01,7

44

864.7

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43,0

72

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28,2

83

37,8

14,7

89

16.7

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Div

iden

ds

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lare

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nd/O

r A

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Pre

ferr

ed S

tock

-

- -

**

- -

- **

-

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mon S

tock

(76

,00

0,0

00

)

- (7

6,0

00,0

00)

**

(371,0

00,0

00)

-

(371,0

00,0

00)

**

(371,0

00,0

00)

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l D

ivid

ends

(76

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0,0

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**

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00,0

00)

-

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Ear

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gs

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- **

- -

- **

-

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l D

ebit

s T

o R

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ned

Ear

nin

gs

(76

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0,0

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00,0

00)

**

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00,0

00)

-

(371,0

00,0

00)

**

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00,0

00)

Ret

ained

Ear

nin

gs

Endin

g4

93

,19

8,9

25

600,0

55,8

53

(1

06,8

56,9

28)

(1

7.8

%)

493,1

98,9

25

600,0

55,8

53

(1

06,8

56,9

28)

(1

7.8

%)

493,1

98,9

25

C.2

Page 21 of 238

Statement D Work Papers

Page 22 of 238

STATEMENT D

PAGE 1 OF 1

BEHRENS

(a) (b) (c)

Line Line

No. Description Amount Amount No.

1 Cash Flows From Operating Activities: D.1 1

2 Net Income 264,756$ 2

3 Non-Cash Revenues and Expenses Included in Income: 3

4 Depreciation & Depletion 295,744 4

5 Amortization of Regulatory Assets 90,107 5

6 Amortization of Regulatory Liabilities (1,872) 6

7 Unamortized Loss on Reacquired Debt 2,031 7

8 Regulatory Disallowance - 8

9 Net Deferred Energy Collections (Costs) 94,004 9

10 Deferred Income Taxes (Net) (29,617) 10

11 Investment Tax Credit Adjustment (Net) (523) 11

12 Net (Increases) Decreases in Receivables 19,573 12

13 Net (Increases) Decreases in Inventory 534 13

14 Net Increases (Decreases) in Payables and Accrued Expenses (12,024) 14

15 Net (Increases) Decreases in Other Regulatory Assets (62,284) 15

16 Net Increases (Decreases) in Other Regulatory Liabilities 35,705 16

17 (Less) Allowance for Other Funds Used During Construction (5,294) 17

18 Net Increases (Decreases) in Accrued Taxes and Interest (16,661) 18

19 Net (Increases) Decreases in Prepayments 4,122 19

20 Risk Management Assets and Liabilities (6,453) 20

21 Other, Net 21,698 21

22 Net Cash Flow From Operating Activities 693,546$ 22

23 23

24 Cash Flows From Investing Activities 24

25 Gross Additions to Utility Plant (424,722) 25

26 Gross Additions to Nonutility Plant 13 26

27 Allowance for Other Funds Used During Construction 5,294 27

28 Customer Advances 4,157 28

29 Contributions in Aid of Construction 13,136 29

30 Proceeds from Disposal of Noncurrent Assets (d) - 30

31 Proceeds from Sale of Asset 2,394 31

32 Net Cash Used by Investing Activities (399,728) 32

33 33

34 Cash Flows From Financing Activities: 34

35 Proceed of Issuance on LT Debt 498,080 35

36 Finance Lease Payments (14,192) 36

37 Retirement of Long-Term Debt (499,745) 37

38 Deferred Financing and Debt Issuance Costs (2,954) 38

39 Dividends (371,000) 39

40 Net Cash Provided by Financing Activities (389,811) 40

41 4142 Net Increase in Cash and Cash Equivalents (95,993)$ 42

43 43

44 Beginning Balance 110,688 44

45 Net Increase in Cash and Cash Equivalents (95,993) 45

46 4647 ENDING BALANCE IN CASH AND CASH EQUIVALENTS 14,695$ 47

48 48

49 49

50 ending cash 14,695 50

NEVADA POWER COMPANY

d/b/a NV Energy

STATEMENT OF CASH FLOWS

TWELVE MONTHS ENDED DECEMBER 31, 2019

D.0

Page 23 of 238

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D.1

Page 24 of 238


Statement of Cash Flows

December 31, 2019

SCF Balance Sheets (A) (B)

D.5 Dec-18 D.4 Dec-19 Change (A) - (B)

Plant a 9,737,015,650 9,758,377,123 (21,361,473)

CWIP b 96,774,420 194,872,654 (98,098,235)

Depreciation c (3,283,352,628) (3,276,928,292) (6,424,336)

- - D.7

Investments d 37,676,131 42,185,575 (4,509,444) >> d GRC BS line FERC descr. Change Ref.

- - d Nonutility Property (121) 0 d.1

Utility plant adjustments r (351,632) (351,632)

Cash e 110,687,745 14,694,794 95,992,951 D.1 d (Less) Accum. Prov. For Depr. And Amort. (122) 13,220 d.2

A/R f 240,406,481 220,833,565 19,572,916 d Other Investments (124) (3,891,925) d.3

Materials g 60,930,391 61,760,206 (829,816) d Other Special Funds (128) (630,738) d.4

Other Current Assets h 56,592,283 59,711,529 (3,119,246) (4,509,443)

6,617,395 -

MTM Asset Value i - 164,039 (164,039)

Unamort Debt Exp j 25,817,317 25,778,894 38,423

Deferred Energy q 47,673,554 - 47,673,554

Goodwill - - -

Other Reg Assets k 721,328,844 745,109,191 (23,780,347)

Prelim Survey and Inv. Chrgs l 2,809,443 3,085,140 (275,696)

Clearing accts m 185,154 763,102 (577,948)

Misc. deferred debits n 175,046,013 156,042,787 19,003,225

Unamort Loss on Reacq. Debt p 24,313,707 22,282,830 2,030,877

Accum Def FIT o 863,914,332 851,935,650 11,978,682

Other - - -

8,924,084,598 8,880,317,155

(A) (B) Change (B) - (A)

Common Equity aa 2,908,276,268 2,802,032,240 (106,244,028)

Preferred Stock

LT Debt bb 2,377,210,008 2,376,093,481 (1,116,527)

Accum Other Comp Inc cc (3,840,363) (3,653,355) 187,008

Capital Leases dd 442,425,948 444,688,414 2,262,467

Retirement - Pension Liab qq 51,970,331 34,046,123 (17,924,208)

MTM Liability Value mm 1,456,571 2,654,704 1,198,133

AROs ll 82,610,083 73,271,587 (9,338,496) D.7

Other ee 2,094,387 2,187,621 93,234 >> ee GRC BS line FERC descr. Change Ref.

- ee Accumulated Provision for Injuries and Damages (228.2) (50,830) ee.1

Capital Leases ff 20,938,798 25,927,577 4,988,779 ee Accumulated Provision for Rate Refunds (229) 144,064 ee.2

A/P gg 208,674,425 215,145,906 6,471,481 93,234

Customer Deposits hh 66,540,919 62,307,975 (4,232,945)

Accrued Taxes ii 15,878,078 6,526,611 (9,351,468)

Accrued Interest jj 37,515,452 30,205,714 (7,309,738)

Dividends Declared kk - - -

MTM Liability Value-curr tt 2,054,972 5,011,930 2,956,958

OCL - Oth Curr Liab ww 8,740,446 9,193,256 452,810

- -

Def FIT nn 1,614,868,039 1,568,785,764 (46,082,275)

Def ITC oo 13,004,176 12,480,898 (523,278)

Reg Liab pp 910,194,270 1,004,995,417 94,801,147

Deferred Energy- Elec vv - 46,330,437 46,330,437

Risk Mgmt Reg Liab uu 6,617,395 164,039

Customer Advances rr 61,709,055 65,865,645 4,156,590 D.7

Other Deferred credits ss 95,145,337 96,055,170 909,833 >> ss GRC BS line FERC descr. Change Ref.

8,924,084,598 8,880,317,155 ss Other Deferred Credits (253) 920,914 ss.1

0 0 ss Unamortized Gain on Reaquired Debt (257) (11,081) ss.2

909,832

D.2

Page 25 of 238


Statement of Cash Flows

December 31, 2019

SCF Adjustments

Depreciation SCF SCF W/P

W/P ADJ D.1

Cost of removal, net of salvage D.13 Z.1 10,038,620 Plant pages, reverse sign

Retirement D.13 Z.2 305,163,456 Plant pages, reverse sign

Depreciation charged to other / Other non cash, Materials D.13 Z.3 (1,364,124) Plant pages - from sch, Mo Fin'l pg 9 (same sign as plant page)

Depreciation charged to other / Other non cash, Trans Clearing D.13 Z.4 1,320,895 Plant pages - from sch, Mo Fin'l pg 9 (same sign as plant page)

Depreciation charged to other - Plant D.13 Z.5 (12,954,388) Plant Pages, reverse sign

Depreciation charged to other / Other non cash, Future - Plant D.14 Z.6 (36,288) G/L ACTIVITY A/C 421900, reverse sign

Depr/Amort of reg debits D.14 Z.7 90,107,185 407300, 407310, 407320 account activity (Debits are +)

Depr/Amort of reg credits D.14 Z.8 (1,871,642) 407400, 407420 account (Credits are -)

Plant held for future use D.14 Z.9 23,130,705 Plant Pages. Move from plant to Reg Assets

Other Non Cash/Misc Adjustments

Deferrals: 182381, 182382 D.15 Z.14 39,050,415 activity from Stat. TB- opposite sign

Deferrals: 254381, 254382 D.15a Z.15 46,330,437 activity from Stat. TB- opposite sign

Deferrals: WECA and ML A/C 182403, 182404 D.15b Z.16 8,623,139 activity from Stat. TB- opposite sign

Renewables Program reclass to liab (ORA, ORL) D.16 Z.17 2,093,930 Cindy Young Reg pages - same sign

Risk Mgmt assets- A/C 182320 (FERC Group 182.3, Other Reg Assets) D.17 Z.18 (4,155,091) 182320 Activity-reverse sign

Risk Mgmt liabilities- A/C 254080 (FERC Group 254, Other Reg Liabilities) D.17a Z.19 (6,453,356) 254080 Activity-reverse sign

Loss on Reaquired Debt D.18 Z.20 - Acct 189000 (Debits are +)

Gain on Reaquired Debt D.19 Z.21 11,081 Acct 257000 (Debits are +)

Unamortized Debt Issuance Expense D.20 Z.22 2,953,954 Accts 1811XX (Debits are +)

LT Debt D.21 Z.23 500,000,000 Accts 225XXX cash adds (Debits are -)

Debt Prem Amortizations (225), non-cash D.21 Z.24 51,614 Accts 225XXX amortization (Debits are +)

Unamortized Discounts D.21 Z.25 (1,920,000) Accts 226XXX cash adds (Debits are -)

Debt Disc Amortizations (226), non-cash D.21 Z.26 (600,085) Accts 226XXX amortization (Debits are +)

Change in ARO Liability D.22 Z.27 (9,098,048) Account 230000 (Credits are +)

Cash Value of Life Insurance D.24 Z.28 (677,874) A/C 124001 (debits are +)

Cash value of Rabbi Trust D.24 Z.29 4,569,799 A/C 124040 (debits are +)

Adjustments

AFUDC D.6 Z.30 5,293,992 income statement

CIAC D.25 Z.31 13,135,874 CIAC NUMBER, reverse sign

Financing Lease Payments ytd D.27 Z.33 (14,192,104) Sched from Tanner (same signs)

Investment by parent D.28 Z.36 - G/L ACTIVITY A/C 211000 (input cr.'s as neg -)

Dividends to parent D.28 Z.37 371,000,000 G/L ACTIVITY A/C 216000 (input debits as pos. +

LTSA reclass to capital D.30 Z.38 7,241,255 LTSA adj. (same sign as query)

Reid Gardner non-ARO decommissioning costs D.31 Z.39 7,978,026 Decomissioning costs reclass

Change in Accrued CWIP additions D.34 Z.40 14,406,436 CWIP in AP Calc opposite sign

Regulatory Disallowance adjustment D.35 Z.41 - Acct 426590 activity- same sign

Tax Adjustments

FAS 158 Pension Cost / Early Measurement Date - Accd PPd Pension D.36 Z.42 (46,075) Pension query- acct. 219000 montly tax activity (Credits are +)

Other tax liabilities adj.- deferred taxes D.37 Z.43 -

Regulatory tax assets D.38 Z.44 (60,771,975) Reg tax asset 182310- opposite sign

Regulatory tax liabilities D.39 Z.45 65,304,745 Reg tax liab 25401/254020-opposite sign

FIN48 OSA adj. D.40 Z.46 - Cindy Young OSA pg- same sign - 253048, 253148

D.3

Page 26 of 238


Balance Sheet Layout Name: BALSHEETDETAIL

As of December 31, 2019 Report Request: BS

Scope: NVPWR

December November

2019 2019


Utility plant

101 Plant in service 9,660,816,419$ a 9,620,733,940$







Total plant 9,953,249,777 9,889,881,228














Cash

131 Cash local 4,318,178 e (1,171,354)




Total cash 14,694,794 171,926,151

Receivables










Inventory

151 Fuel stock - g 239,479


163 Store exp undistributed 214,448 g 657,068



Total inventory 61,760,206 61,698,861


165 Prepayments 59,711,529 h 57,102,044


174 Miscellaneous current & accrued assets - - 190 (239,731) o

Total current and accrued assets 59,711,529 57,102,044

Deferred debits

175.7 MTM Asset Value Deferred 164,039 i 176,496

180 Goodwill - -

181 Unamortized debt issuance expense 25,778,894 j 25,979,337

182/186 Other regulatory assets 891,490,665 >> 907,323,432 182.3 737,442,557 k

183 Preliminary survey 3,085,140 l 2,943,974 186 154,048,108 n

184 Clearing account 763,102 m 111,922 Ref. 891,490,665

182 Deferred energy-electric - q -




189 Unamortized loss on reacquired debt 22,282,830 p 22,408,174

190 Accum deferred income taxes 852,175,381 o 861,510,565 186 3,562,099 n

Total deferred debits 1,801,839,264 1,827,347,098 232 (3,562,099) gg

Ref. -

TOTAL ASSETS AND OTHER DEBITS 8,881,962,269$ 9,017,017,025$

Other RA

Job orders OSA

FIN 48 OSA

D.4

Page 27 of 238




Scope: NVPWR

December November

2019 2019


Proprietary capital

201 Common stock issued & outstanding 1,000$ aa 1,000$

217 Treasury stock - -

Total common stock 1,000 1,000


204 Preferred Stock - -

223 Redeemable preferred stock - -

Total preferred stock and securities - -

207 Premium on capital stock 773,510,116 aa 773,510,116

210 Gain on reacq preferred stock - -

211 Misc paid-in capital 1,537,639,552 aa 1,537,639,552

214 Capital stock expense (2,930,253) aa (2,930,253)

Total additional paid in capital 2,308,219,416 2,308,219,416

215 Appropriated retained earnings 1,761,715 aa 1,761,715

216 Unappropriated retained earnings 491,437,210 aa 553,905,109 216 612,900 aa

Total retained earnings 493,198,925 555,666,823

219 Accumulated Other Comprehensive Income (3,653,355) cc (3,681,478)

Total proprietary capital 2,797,765,986 2,860,205,761

Long term debt

221 First mortgage bonds 92,500,000 bb 92,500,000

224.5 Premium Inc Equity Securities - bb -

224 Other long term debt 1,716,300,000 bb 1,716,300,000

225 Unamortized premium on LT debt - bb -

226 Unamortized discount on LT debt (7,706,519) bb (7,757,068)

Total long term debt 1,801,093,481 1,801,042,932


227 Capital leases 444,688,414 dd 444,832,619

228.2 Injuries & damages 1,550,064 ee 1,555,575

228.3 Pension liability 30,064,104 qq 37,812,580

229 Provision for rate refund 637,557 ee 3,098,574

228xxx Other non-current liabilities 3,982,019 qq 3,732,724

230 ARO Liability 59,680,082 ll 64,414,251

Total other non-current liab. 540,602,240 555,446,322

230 13,591,505 ll

Current Liabilities: 242 1,379,133 ww

231 Notes payable - - Ref. 14,970,638

232 Accounts payable trade 161,970,849 gg 132,774,585

232 Accounts payable other 3,509,351 gg 5,208,015

234 Accounts payable assoc co 25,312,325 gg 44,004,756

235 Customer deposits 62,307,975 hh 70,370,799

236 Taxes accrued 6,526,611 ii 63,346,362

237 Interest accrued 30,953,547 jj 21,684,055

238 Dividend declared - kk - Y

241 Tax collect pay 18,276,723 gg 12,962,804 AB

232.5/242.5 Accrued salaries & wages 10,328,681 >> 23,041,873 232 2,514,558 gg

244.75 MTM Liability value deferred - current 5,011,930 tt 4,963,641 242 7,814,123 ww

242 Misc current and accrued 14,970,638 >> 11,241,948 Ref. 10,328,681

239/243 Current maturities 600,927,577 >> 601,546,336

Total current liabilities 940,096,208 991,145,175

Deferred Credits:

244.7 MTM Liability Value Deferred 2,654,704 mm 3,225,275 224.9 575,000,000 ff

252 Customer advances for construction 65,865,645 rr 65,656,532 243.1 25,927,577 ff

253 Other deferred credits 103,858,035 ss 99,276,998 600,927,577

254 Regulatory tax liabilities 637,246,643 pp 640,111,757

254.8 Risk management regulatory liability 164,039 uu 176,496

254/256 Regulatory liabilities 367,748,774 pp 379,915,462

254.3 Deferred energy-electric 46,330,437 vv 43,189,268

255 Deferred ITC and JDIC 12,480,898 oo 12,528,055

254/256 Other regulatory liabilities - -

257 Unamortized gain on reacq debt 156,031 ss 156,954

Total deferred credits 1,236,505,207 1,244,236,797


282 Deferred income tax - other property 1,424,982,070 nn 1,423,530,038 282 2,886,616 nn

283 Deferred income tax - deferred fuel (9,729,392) nn (9,069,746) 253 (7,958,896) ss

283 Deferred income tax - other 150,646,470 nn 150,479,746 146 4,967,482 f

Total deferred income taxes 1,565,899,148 1,564,940,038 237 (747,833) jj

Ref. (852,631)

TOTAL LIABILITIES AND OTHER CREDITS 8,881,962,269$ 9,017,017,025$

ARO reclass

FIN 48 OSA


FIN 48 OSA

D.4

Page 28 of 238




Scope: NVPWR

December November

2019 2019

- -

SCF W/P

Assets & Oth Debits D.2

Plant a 9,758,377,123

CWIP b 194,872,654

Depreciation c (3,276,928,292)

Utility plant adjustments r (351,632)

Investments d 42,185,575

Cash e 14,694,794

A/R f 220,833,565

Materials g 61,760,206

Other Current Assets h 59,711,529

MTM Asset Value i 164,039

Unamort Debt Exp j 25,778,894

Deferred Energy q -

Goodwill -

Other

volume 20 of 25 - nv energy...h-cert-01 to h-cert-11 . recorded test year ended december 31, 2019...

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