20200306Quarterly Report.pdf

March 6,2020
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State of Idaho --OIdahoPublicUtilitiesCommission<n "
Statehouse ao
Boise ID 83720
Attention:Diane Hanian,Secretary
RE:Filing requirements under Order No.29947 and Order No.30036
Enclosed is Exhibit A,which is the quarterlystatus report as of December 31,
2019,as required under Order No.29947 and Order No.30036.If any questions arise
or additional information is needed,please do not hesitate to contact Karrie Wilson at
509-495-2345.
Sincerely,
Jason E.Lang
Director of Finance and Assistant Treasurer
Enclosures
AVISTACORP.Exhibit AQuarterlyStatusReport,Case No.AVU-U-05-02,Order No.29947
Case No.AVU-U-06-1,Order No.30036
Cost of Capital as of 12/31/2019
Percent of
Amount Total Capital Cost Component
Total Long-term Debt $1,860,500,000 49.96%5.17%2.58%
Common Equity 1,863,249,057 50.04%9.50%3 4.75%
TOTAL $3,723,749,057 100.00%7.34%
Key Financial Data Available on Avista Corp
12/31/2019 12/31/2018 12/31/2017 12/31/2016
Net income attributable to Avista Corporation $196,763,000 $136,598,000 $115,916,000 $137,228,000
Consolidated EPS '$2.97 $2.07 $1.79 $2.15
Dividend Payout Ratio 2 52.10%72.08%79.93%63.72%
Common Shares Outstanding 67,176,996 65,688,356 65,494,333 64,187,934
S&P Financial Ratios
Funds from operations (FFO )/Interest Expense 4.19 4 3.44 4 5.07 4 6.23Fundsfromoperations(FFO )/Debt 13.80%4 14.86%4 17.60%4 21.00%4
1 Earnings per common share attributable to Avista Corporation,diluted
2 Calculated on a 12 Months Ended Period
3 Last Commission approved return on equity
4 Ratios provided by the Company's Forecast