20040212Johnson Exhibit.pdf

Case N~.E.4 t.. 1..
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1"'6/
Exhibit No.
Witness: Craig P. Johnson
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
ACIFICORP
Exhibit Accompanying Direct Testimony of Craig P. Johnson
Calculation of Estimated Book and Tax GainlLoss
February 2004
. PacifiCorp
Exhibit No.
Docket No.
Witness: CraigP. Johnson
Proforma Gain Calculation on Sale of the Skookumchuck Project wI Pickup
As of April 1 , 2004
Column 1 Column 2
557 801
(110 000)
447 801
668 529
110 728
557 801 557 801)
(110 000)
496 000
537,387
(41,387)387
613
1. Proceeds from Sale of Facilities to TransAlta
2. Cost of Sale
3. Adjusted Sales Price
4. Original Cost of Facilities
5. Accumulated Depreciation
6. Net Book Value
7. Pre-tax Gain (Loss) on Disposition of Property
8. Income Tax on Taxable Gain -
9. Provided Deferred Taxes
10. Income Tax Expense on Sale
$ 1 306 982
(g)
37.95%
11. After-Tax Gain (Loss) on Sale of Facilities
Taxable Gain Calculation
12. Net Proceeds
13. Tax Cost Basis
Book/Tax Differences in Tax Cost Basis
Adjusted Tax Basis
14. Tax Depreciation/Reserve (as of 4/1/03)
15. Net Tax Basis
447 801
668 529
284 865
383 664
242,845
140,819 (2,140 819)
306 98216. Taxable Gain