HomeMy WebLinkAbout20040206Malquist Exhibits.pdfDA VID J. :MEYER
SENIOR VICE PRESIDENT AND GENERAL COUNSEL
A VISTA CORPORATION
O. BOX 3727
1411 EAST MISSION AVENUE
SPOKANE, W ASIllNGTON 99220-3727
TELEPHONE: (509) 495-4316
FACSIMILE: (509) 495-4361
BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
IN THE MA TIER OF THE APPUCA nON
OF A VISTA CORPORATION FOR THE
AUTHORITY TO INCREASE ITS RATES
AND CHARGES FOR ELECTRIC AND
NATURAL GAS SERVICE TO ELECTRIC AND
NATURAL GAS CUSTO:MERS IN THE STATE OF IDAHO
CASE NO. A VU-04-
CASE NO. A VU-Q4-
EXHIBIT NO.
MAL YN K. MALQUIST
FOR A VISTA CORPORATION
(ELECTRIC AND NATURAL GAS)
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VISTA CORPORATION
Capital Structure and Overall Rate of Return
PROFORMA
Cost of Capital Percent of
Amount Total Ca ital Cost Com onent
Total Long Tenn Debt 832 735,414 48.19%70%19%
Trust Preferred Securities 100,000,000 79%01%0.41 %
Preferred Stock 29,750,000 1.72%34%13%
Common Equity 765,520,415 44.30%11.50%09%
TOTAL 728,005,829 100,00%82%
EMBEDDED
Cost of Capital as of Percent of
December 31, 2003 Amount Total Ca ital Cost onent
Total Long Tenn Debt 898,822,426 50.08%68%4.35%
Trust Preferred Securities 100 000,000 57%15%34%
Preferred Stock 31,500,000 1.76%35%13%
Common Equity 764,290,875 42.59%11.50%90%
TOTAL 794,613,301 100.00%72%
Exhibit No.2 of2
M, Malquist
A vista Corporation