20160812Darrington Exhibit 14.pdf

Ronald L. Williams, ISB No. 3034
Williams Bradbury, P.C.
1015 W. Hays St.
Boise, ID 83702
Telephone: [phone]
Email: [e-mail]

Attorneys for Intermountain Gas Company

BEFORE THE IDAHO PUBLIC UTILITES COMMISSION

IN THE MATTER OF THE APPLICATION OF
INTERMOUNTAIN GAS COMPANY FOR
THE AUTHORITY TO CHANGE ITS RATES
AND CHARGES FOR NATURAL GAS
SERVICE TO NATURAL GAS CUSTOMERS
IN THE STATE OF IDAHO

)
)
)
)
)
)
)

Case No. INT-G-16-02

EXHIBIT 14

Proposed
Company Company Revenue Company
Line Unadjusted Company Direct Deficiency Direct
No.Description Direct[2]Adjustments[3]Present[4](Over Collection)Proposed[5]
(a)(b)(c)(d)(e)(f)
1 Gas Operating Revenues 233,637,331$ 18,262,816$ 251,900,147$ 10,165,700$ 262,065,847$
2 Other Revenues 2,893,572 [6]6,791 2,900,363 - 2,900,363
3 Total Operating Revenue 236,530,903 18,269,607 254,800,510 10,165,700 264,966,210
4 Operating Expenses
5 Cost of Gas 150,178,166 18,644,493 168,822,659 - 168,822,659
6 Operation & Maintenance
7 Production 46,565 - 46,565 - 46,565
8 Natural Gas Storage, Terminaling, and Processing 1,383,094 - 1,383,094 - 1,383,094
9 Transmission 496,038 (3,297) 492,741 - 492,741
10 Distribution 18,854,837 (118,581) 18,736,256 - 18,736,256
11 Customer Accounts 9,378,630 (111,430) 9,267,200 36,536 9,303,736
12 Customer Service and Informational 202,610 - 202,610 - 202,610
13 Sales 1,263,653 (26,782) 1,236,871 - 1,236,871
14 Administrative and General 15,148,072 (1,328,388) 13,819,684 19,081 13,838,765
15 Other 93,510 (93,510) - - -
16 Depreciation 21,707,112 - 21,707,112 - 21,707,112
17 Payroll Taxes 1,743,002 (101,060) 1,641,942 - 1,641,942
18 Property Taxes 3,198,871 - 3,198,871 - 3,198,871
19 Franchise Taxes 7,087,860 (7,087,860) - - -
20 Interest Expense 4,348,423 (4,348,423) - - -
21 Total Operating Expense
22 Before Income Taxes 235,130,443 5,425,162 240,555,605 55,617 240,611,222
23 Income Taxes 205,475 2,544,743 2,750,218 4,024,824 [7]6,775,042
24 Total Operating Expenses 235,335,918 7,969,905 243,305,823 4,080,441 247,386,264
25 Net Operating Income 1,194,985$ 10,299,702$ 11,494,687$ 6,085,259$ 17,579,946$
NOTES
[2] See T. Dedden's Exhibit 08, Page 1, Column (d).
[3] See Exhibit No. 14, Page 2.
[4] Column (b) + Column (c).
[5] Column (d) + Column (e).
[6] See T. Dedden's Exhibit 09, Page 1, Column (d), line 17.
[7] Reflects statutory income tax rates at 39.81%: Federal at 35% and Idaho at 7.4%.
Intermountain Gas Company
Statement of Operating Income with Adjustments
For the Test Year Ending December 31, 2016[1]
[1] Test Year ending December 31, 2016 is composed of actual financial data from January 1 - June 30, 2016 and forecasted financial data from July 1, 2016 -
December 31, 2016.
Exhibit No. 14
Case No. INT-G-16-02
J. Darrington, IGC
p. 1 of 2
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[1
]
Exhibit No. 14
Case No. INT-G-16-02
J. Darrington, IGC
p. 2 of 2