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HomeMy WebLinkAbout20100702Quarterly Report.pdf"FtEC.:Ë ì\/E 0 .J~~'V'ST4~ Corp. ZBID Jfjl-2 AM ß: l 7 UTiLli¥rÊ1°d6fJ~~¡ŠsrON o lic Utilties Commission use ID 83720 ,:vo--u ,- 06 -01 tention: Jean D. Jewell, Secretary RE: Filng requirements under Order No. 29947 and Order No. 30036 Enclosed is the quarterly status report for December 31, 2009 as required under Order No. 29947 and Order No. 30036. See Exhibit A If any questions arise or additional information is needed, please do not hesitate to contact me. Sincerely, Enclosures ('..0.. Q)Cl ro 11 ~~'#0 0..,.COC\..C"ë (t LÖ cO Q)c:0 E0ü '#~0('0-('io II cO 00..ü '#~~0 0..ëi io io 00~,.C\a-ro 0 a)0c:io 'l 0Q) ü ..e -Q) ~11 0.1- 0 ....0 io io00)0)-0 i.i.0 0)0)c:..0 ..::0 C\a).. 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(a ) (b ) (c ) (d ) (e ) (I ) (g ) (h ) (i ) (j (k ) 1 SM T N S e r i e s A Se r e s C o t s A 08 - 3 1 - 2 0 1 0 05 - 1 . 1 9 9 3 37 3 , 6 9 3 21 , 6 6 1 2 SM T N S e r i e s A 6. 6 7 % 07 - 1 2 - 2 0 1 0 07 . 1 2 - 1 9 9 3 5, 0 0 0 , 0 0 0 35 , 0 8 1 69 0 , 4 6 4 4, 2 7 4 , 4 5 5 8_ 2 7 5 % 5,0 0 0 , 0 0 0 41 3 , 7 6 5 2 3 SM T N S e r i e s A 7. 1 8 % 08 . 1 1 - 2 0 2 3 08 - 1 2 - 1 9 9 3 7, 0 0 0 , 0 0 0 54 , 3 6 4 6. 9 4 5 , 6 3 6 7. 2 4 4 % 7,0 0 0 , 0 0 0 50 7 , 0 6 3 4 SM T N S e r i e s A 7. 3 7 % 05 - 1 0 - 2 0 1 2 05 - 1 0 - 1 9 9 3 7, 0 0 0 , 0 0 0 49 , 1 1 4 1, 2 2 7 , 8 8 3 5,7 2 3 , 0 0 3 9. 4 5 5 % 7,0 0 0 , 0 0 0 66 1 , 8 7 1 4 5 SM T N S e r i e s A 7. 3 9 % 05 - 1 1 . 2 0 1 8 05 . 1 1 - 1 9 9 3 7, 0 0 0 , 0 0 0 54 , 3 6 4 1, 2 2 7 , 8 8 3 5, 7 1 7 , 7 5 3 9. 2 8 7 % 7, 0 0 0 , 0 0 65 0 , 1 1 4 5 6 SM T N S e r e s A 7. 4 5 % 06 - 1 1 - 2 0 1 8 06 - 0 1 9 9 3 15 , 5 0 0 , 0 0 0 17 0 , 5 9 7 2, 1 4 0 , 4 4 0 13 , 1 8 8 , 9 6 3 8. 9 5 3 % 15 , 5 0 0 , 0 0 0 1, 3 8 7 , 7 1 5 6 7 SM T N S e r i e s A 7. 5 3 % 05 - 5 . 2 0 2 3 05 - 0 1 9 9 3 5, 5 0 0 , 0 0 0 42 , 7 1 2 96 3 , 0 1 1 4, 4 9 4 , 2 7 7 9. 3 5 9 % 5,5 0 0 , 0 0 0 51 4 , 7 4 4 7 8 SM T N S e r i e s A 7. 5 4 % 05 - 5 . 2 0 2 3 05 - 7 . 1 9 9 3 1, 0 0 0 , 0 0 0 7,7 6 6 17 5 , 4 1 2 81 6 , 8 2 2 9. 3 7 5 % 1, 0 0 0 , 0 0 93 , 7 4 7 6 9 SM T N S e r i e s B 6. 9 0 % 07 - 0 1 - 2 0 1 0 06 - 9 - 1 9 9 5 5, 0 0 0 , 0 0 0 37 , 9 4 4 4, 9 6 2 , 0 5 6 6. 9 8 % 5, 0 0 0 , 0 0 34 9 , 0 7 1 9 10 5. 7 0 % F M B ' s 5. 7 0 % 07 - 0 1 - 2 0 3 7 12 . 1 5 - 2 0 0 6 15 0 . 0 0 0 , 0 0 0 8. 6 6 2 , 3 0 4 14 1 , 3 3 7 , 6 9 6 6. 1 2 0 % 15 0 , 0 0 0 , 0 0 0 9,1 7 9 , 6 7 4 10 11 6. 1 2 5 % F M B ' s 6. 1 3 % 09 - 0 1 - 2 0 1 3 09 - 0 8 - 2 0 0 3 45 , 0 0 0 , 0 0 0 1, 0 5 5 , 1 4 0 81 5 , 8 2 4 43 , 1 2 9 , 0 3 6 6. 7 0 3 % 45 , 0 0 0 , 0 0 0 3,0 1 6 , 2 4 8 11 12 5. 4 5 % F M B ' s 5. 4 5 % 12 - 0 1 - 2 0 1 9 11 - 1 8 - 2 0 0 4 90 , 0 0 0 , 0 0 0 1, 4 3 2 , 0 8 1 88 , 5 6 7 , 9 1 9 5. 6 0 8 % 90 . 0 0 0 , 0 0 5,0 4 7 , 0 0 1 12 13 6. 2 5 % F M B ' s 6. 2 5 % 12 - 0 1 - 2 0 3 5 11 - 1 7 . 2 0 0 5 15 0 , 0 0 0 , 0 0 0 (2 . 2 6 4 . 5 6 5 ) 15 2 , 2 6 4 , 5 6 5 6. 1 3 9 % 15 0 , 0 0 0 , 0 0 0 9,2 0 8 , 6 0 5 13 14 5. 1 2 5 % F M B ' s 5.1 2 5 % 04 - 0 1 - 2 0 2 2 09 . 2 2 . 2 0 0 9 25 0 , 0 0 0 , 0 0 0 (7 , 9 1 6 , 3 4 ) 2,8 2 0 , 9 4 0 25 5 , 0 9 5 , 4 9 4 4. 9 0 5 % 25 0 . 0 0 0 , 0 0 12 . 2 6 2 , 7 7 2 14 14 5. 9 5 % F M B ' s 5. 9 5 % 06 - 1 - 2 0 1 8 04 - 0 2 - 2 0 0 8 25 0 , 0 0 0 . 0 0 0 19 , 4 7 8 , 4 1 9 23 0 , 5 2 3 , 5 8 1 7- 0 4 % 25 0 , 0 0 , 0 0 0 17 , 5 8 5 , 3 5 2 14 15 7. 2 5 % F M B ' s 7. 2 5 % 12 - 1 6 - 2 0 1 3 12 . 1 6 - 2 0 0 8 30 , 0 0 0 , 0 0 0 52 3 , 2 7 2 29 , 4 7 6 , 7 2 8 7. 6 7 7 % 30 , 0 0 0 , 0 0 0 2,3 0 2 . 9 9 3 15 18 PC B ' s K e t t e F a l l s 6. 0 0 % 12 - 0 1 - 2 0 2 3 07 - 2 9 - 1 9 9 3 4,1 0 0 , 0 0 0 13 5 , 8 5 5 14 6 , 3 9 3 3,8 1 7 . 7 5 2 6. 5 2 3 % 4,1 0 0 . 0 0 0 26 7 , 4 4 1 16 17 MT N ' s S e r i e s C Se r i e s C o t s C 06 - 1 5 . 2 0 1 3 06 . 1 5 - 1 9 9 8 65 0 , 1 7 9 43 , 3 4 5 17 18 MT N ' s S e r e s C 6. 3 7 % 06 - 1 9 . 2 0 2 8 06 . 1 9 - 1 9 9 8 25 , 0 0 0 , 0 0 0 15 8 . 3 0 4 18 8 , 6 4 9 24 , 6 5 . 0 4 7 6. 4 7 5 % 25 , 0 0 0 , 0 0 0 1, 6 1 8 , 8 6 3 18 19 MT N ' s S e r i e s C 8. 0 2 % 10 - 2 6 . 2 0 1 0 10 . 2 8 - 1 9 9 25 , 0 0 0 , 0 0 0 16 1 , 2 8 7 70 7 , 5 2 7 24 , 1 3 1 , 1 8 6 8. 5 1 3 % 25 , 0 0 0 , 0 0 0 2, 1 2 8 , 2 0 7 19 20 6. 2 7 4 % 1. 0 7 2 , 1 0 0 , 0 0 0 67 , 2 6 0 , 2 7 0 20 21 21 22 Re p u r c h a s e 2 7. 7 4 % 12 . 3 1 - 2 0 1 7 08 - 3 0 . 2 0 0 6 6, 8 7 5 , 0 0 0 48 3 , 5 8 2 6,3 9 1 , 4 1 8 8.7 2 1 % 3 70 , 1 2 7 22 23 Re p u r c h a s e 2 8. 1 7 % 06 - 3 0 - 2 0 1 5 06 - 3 0 . 2 0 0 5 26 , 0 0 0 , 0 0 0 1, 7 0 0 , 3 7 1 24 , 2 9 9 , 6 2 9 9.1 8 4 % 3 26 7 . 0 9 6 23 24 Re p u r c h a s e 2 8. 4 1 % 06 - 3 0 - 2 0 1 4 06 . 3 0 2 0 0 4 36 . 5 9 0 , 0 0 0 7. 2 4 4 , 8 9 5 29 , 3 4 5 . 1 0 6 11 . 8 4 0 % 3 1. 2 7 3 , 8 5 4 24 25 Re p u r c a s e 2 8. 6 8 % 09 - 3 0 - 2 0 1 2 06 - 3 0 - 2 0 0 3 52 , 4 8 5 , 0 0 0 3. 0 8 5 , 6 2 4 49 , 3 9 9 , 3 7 6 9.6 5 1 % 3 52 8 , 3 7 8 25 26 Re p u r c h a s e 2 0. 4 7 % 03 - 0 1 . 2 0 3 4 12 - 2 9 . 2 0 0 9 17 , 0 0 0 , 0 0 0 2, 0 1 1 . 6 3 5 14 . 9 8 , 3 6 5 1. 0 2 4 % 3 91 , 6 1 1 26 27 Re p u r c h a s e 2 5. 0 0 % 06 - 1 . 2 0 3 2 12 - 2 8 - 2 0 0 8 66 , 7 0 0 , 0 0 0 3. 7 0 3 , 1 8 1 62 , 9 9 6 , 8 1 9 5.4 2 1 % 3 27 9 , 4 6 9 27 28 69 , 7 1 0 , 8 0 28 29 4 V a r . R a t e L o n g - T e r D e b t 40 , 0 0 , 0 0 0 1, 2 9 6 , 0 8 6 .2 , 4 9 5 . 8 8 2 41 , 1 9 9 . 7 9 6 1. 5 2 8 % 40 . 0 0 0 . 0 0 0 61 1 . 3 3 1 29 30 ID A H O T O T A L D E B T O U T S T A N D I N G A N D C O S T O F D E B T A T M a r c h 3 1 , 2 0 1 0 6, 3 2 9 % 1, 1 1 2 , 1 0 0 , 0 0 0 70 , 3 8 2 , 1 3 7 30 31 31 32 32 33 1 I n c l u d e s t h e a n n u a l i n s u r a n c e p r e m i u m 33 34 2 T h e c o u p o n r a t e u s e d i s t h e c o t o f t h a t d e b t a t th e t i m e o f t h e r e u r c a s e s 34 35 3 T h e a m o u n t s ar e c a l c u l a t e d u s i n g t h e I R R f u n c t o n 35 36 4 I n f o n i a t i o n p u l l s f r o m t h . V a r . R a t e L o n g - T e r t a b 36 Pa g e 2 o f 3 AV I S T A C O R P O R A T I O N Co s t o f L o n g - T e r m V a r i a b l e R a t e Ma r c h 3 1 . 2 0 1 0 1 Ma r - 0 9 Ap r - Q 9 Ma y - 0 9 Ju n - 0 9 Ju l - Q 9 Au g - 0 9 Se p - 0 9 OC L . 0 9 Na v - 0 9 De e - 0 9 Ja n - 1 0 Fe b - 1 0 Ma r - l 0 Av g o f 2 (a ) (b ) ( c ) (d ) (e ) (f ) (g ) (h ) (1 ) 0) (k ) (I) (m ) (n ) (0 ) 3 Tr u s t P r e f e r r e d $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 . 0 0 0 . 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 40 , 0 0 0 , 0 0 0 4 To t a l S h o r t T e r m D e b t $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 . 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 . 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 $4 0 , 0 0 0 , 0 0 0 5 6 Nu m b e r o f D a y s I n M o n t h 31 30 31 30 31 31 30 31 30 31 31 28 31 39 6 7 Ra t e s T r u s t P r e f e r r d 2. 1 4 % 2. 1 4 % 2.1 4 % 1.5 4 % 1.5 4 % 1.5 4 % 1.2 2 % 1.2 2 % 1. 2 2 % 1.1 3 % 1.1 3 % 1. 1 3 % 1. 1 3 % 8 Tr u s t P r e f e r r d I n t e r e s t E x p e n s e 73 , 5 8 2 71 , 2 0 8 73 , 5 8 2 51 , 4 1 7 53 , 1 3 1 53 , 1 3 1 40 , 7 5 0 42 , 1 0 8 40 , 7 5 0 38 , 9 4 4 38 , 9 4 4 35 , 1 7 5 38 , 8 1 7 65 1 , 5 3 8 9 To t a l In t e r e s t E x p e n s e 73 , 5 8 2 71 , 2 0 8 73 , 5 8 2 51 , 4 1 7 53 , 1 3 1 53 , 1 3 1 40 , 7 5 0 42 , 1 0 8 40 , 7 5 0 38 . 9 4 4 38 , 9 4 4 35 , 1 7 5 38 , 8 1 7 65 1 , 5 3 8 10 Av è r a g e b o r r o w i n g r a t e u s e d i n t h e e a l u c l a t i o n o f t h e e f f e c v e c o s t s b e l o w 1. 6 3 % 11 12 13 Pr i n c i p a l 14 Co u p o n Ma t u i i t y Se t t l e m e n t Pn n c i p a l Is s u a n c e Lo s s i R e a c q Ne t Yie l d to Ou t s t a n d i n g Ef f e c i v e 15 De s c r i p t i o n Ra t e Da t e Da t e Am o u n t Co s t s Ex p e n s e s Pr o c e e d s Ma t u r i t y 12 - 3 0 - 2 0 0 4 Co s t 16 (a ) (b ) ( c ) (d ) (e ) (f) (g ) (h ) (1 ) OJ (k ) 17 Tr u s t P r e f e r r 1.6 3 % 06 - 0 1 - 2 0 3 7 06 - 0 3 - 1 9 9 7 40 . 0 0 0 . 0 0 0 1, 2 9 6 . 0 8 6 (2 , 4 9 5 . 8 8 2 ) 41 , 1 9 9 , 7 9 6 1.5 2 8 % 40 . 0 0 0 . 0 0 0 61 1 . 3 3 1 18 Pa g e 3 o f 3