20VAC5-201-95. Schedules 1 through 14 and exhibits for Chapter 201.

The following schedules and exhibits are to be used in conjunction with this chapter.

COMPANY NAME HISTORIC PROFITABILITY AND MARKET DATA CASE NO. PUE------						Exhibit No.: ___________ Witness: _____________ Schedule 1
Consolidated Company Profitability and Capital Market Data			4th Year Prior	3rd Year Prior	2nd Year Prior		1st Year Prior	Test Period
A. Ratios
	Return on Year End Equity Return on Average Equity
	Earnings Per Share Dividends Per Share Payout Ratio
	Market Price of Common Stock: Year's High Year's Low Average Price
	Dividend Yield on Common Stock: Price Earnings Ratio
B. External Funds Raised
	External Funds Raised - Debt: Dollar Amount Raised Coupon Rate Bond Rating(s)
		(Rating Service)
	External Funds Raised - Preferred Stock: Dollar Amount Raised Dividend Rate Preferred Stock Rating(s)
		(Rating Service)
	External Funds Raised - Common Equity Dollar Amount from Public Offering Number Shares Issued Average Offering Price
C. Subsidiary Data
	Return on Year End Equity Return on Average Equity
	External Funds Raised - Bonds: Dollar Amount Raised Coupon Rate Bond Rating(s)
		(Rating Service)
	External Funds Raised - Preferred Stock Dollar Amount Raised Dividend Rate Preferred Stock Rating(s)
		(Rating Service)
	Equity Capital Transfer
		From Parent (Dollar Amount-Net)

COMPANY NAME INTEREST AND CASH FLOW COVERAGE DATA CASE NO. PUE------						Exhibit No.: ___________ Witness: _____________ Schedule 2
Coverage Ratios and Cash Flow Profile Data			4th Year Prior	3rd Year Prior	2nd Year Prior		1st Year Prior	Test Period
A. Consolidated Company Data
	Interest Coverage Ratio
		Pre-Tax
	Cash Flow Coverage Ratios
		a. Common Dividend Coverage
		b. Cash Flow Coverage of Construction Expenditures
		c. Cash After Dividends Coverage of Construction Expenditures
	Data for Interest Coverage
		1 Net Income
		2 Income Taxes
		3 Interest on Mortgages
		4 Other Interest
		5 Total Interest
		6 Earnings Before Interest and Taxes (Lines 1+2+5)
	Data for Cash Flow Coverage
		7 Net Income
		8 AFUDC
		9 Amortization
		10 Depreciation
		11 Change in Deferred Taxes
		12 Change in Investment Tax Credits
		13 Preferred Dividends Paid
		14 Cash Flow Generated (Lines 1-8+9+10+11+12-13)
		15 Construction Expenditures
		16 Common Dividends Paid
B. Subsidiary Data
	Interest Coverage Ratio
		Pre-Tax (Line 6 / Line 5)
	Cash Flow Coverage Ratios
		a. Common Dividend Coverage (Line 14 / 16)
		b. Cash Flow Coverage of Construction Expenditures (Line 14 / 15)
		c. Cash After Dividends Coverage of Construction Expenditures ((Lines 14-16) / 15)
	Data for Interest Coverage
		1 Net Income
		2 Income Taxes
		3 Interest on Mortgages
		4 Other Interest
		5 Total Interest
		6 Earnings Before Interest and Taxes
	Data for Cash Flow Coverage
		7 Net Income
		8 AFUDC
		9 Amortization
		10 Depreciation
		11 Change in Deferred Taxes
		12 Change in Investment Tax Credits
		13 Preferred Dividends Paid
		14 Cash Flow Generated
		15 Construction Expenditures
		16 Common Dividends Paid

COMPANY NAME CAPITAL STRUCTURE AND COST OF CAPITAL STATEMENT - PER BOOKS AND AVERAGE CASE NO. PUE------						Exhibit No.:______ Witness:______ Schedule 3
		(1)	(2)	(3)	(4)	(5)	(6)
		4th Year Prior	3rd Year Prior	2nd Year Prior	1st Year Prior	Test Period	Five-Quarter or 13-Month Ave
A. Capital Structure Per Balance Sheet ($)
	Short-Term Debt Customer Deposits Other Current Liabilities Long-Term Debt Preferred & Preference Stock Common Equity Investment Tax Credits Other Tax Deferrals Other Liabilities Total Capitalization
B. Capital Structure Approved for Ratemaking Purposes ($)
	Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity Other (specify) Total Capitalization
C. Capital Structure Weights for Ratemaking Purposes
	Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity Other (specify) Total Capitalization (100%)
D. Component Capital Cost Rates (%)
	Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity (Authorized) Other (specify)
E. Component Weighted Cost Rates (%)
	Short-Term Debt Long-Term Debt Preferred & Preference Stock Job Development Credits Common Equity (Authorized) Other (specify) Weighted Cost of Capital

COMPANY NAME RATE OF RETURN STATEMENT - EARNINGS TEST - PER BOOKS FOR THE TEST YEAR ENDED --/--/-- USING THIRTEEN MONTH AVERAGE RATE BASE AND COMMON EQUITY								Exhibit No.: ___________ Witness: _____________ Schedule 9
			(1)	(2)	(3)
LINE NO.			Total Company	Non-Jurisdictional	Virginia Cost of Service Amount (1)-(2)
1	OPERATING REVENUE
2	OPERATING REVENUE DEDUCTIONS
3	OPERATION & MAINTENANCE EXPENSE
4	DEPRECIATION & AMORTIZATION
5	FEDERAL INCOME TAXES
6	STATE INCOME TAXES
7	TAXES OTHER THAN INCOME TAXES
8	(GAIN)/LOSS ON DISPOSITION OF PROPERTY
9	TOTAL OPERATING REVENUE DEDUCTIONS
10	OPERATING INCOME
11	PLUS:	AFUDC
12	LESS:	CHARITABLE DONATIONS
13		INTEREST EXPENSE ON CUSTOMER DEPOSITS
14		INTEREST ON SUPPLIER REFUNDS
15		OTHER INTEREST EXPENSE/(INCOME)
16	ADJUSTED OPERATING INCOME
17	PLUS:	OTHER INCOME/ (EXPENSE)
18	LESS:	INTEREST EXPENSE-BOOKED
19		PREFERRED DIVIDENDS
20		JDC CAPITAL EXPENSE	n/a	n/a	n/a	n/a	n/a	n/a	n/a
21	INCOME AVAILABLE FOR COMMON EQUITY
22	ALLOWANCE FOR WORKING CAPITAL
23	PLUS:	NET UTILITY PLANT
24	LESS:	OTHER RATE BASE DEDUCTIONS
25	TOTAL AVERAGE RATE BASE
26	TOTAL AVERAGE CAPITAL
27	AVERAGE COMMON EQUITY CAPITAL
28	% RATE OF RETURN EARNED ON AVG. RATE BASE
29	% RATE OF RETURN EARNED ON AVG. COMMON EQ.

	DEDUCTIONS

COMPANY NAME RATE OF RETURN STATEMENT - EARNINGS TEST ADJUSTED TO A REGULATORY ACCOUNTING BASIS FOR THE TEST YEAR ENDED --/--/-- USING THIRTEEN MONTH AVERAGE RATE BASE AND COMMON EQUITY						Exhibit No.: ____ Witness: ______ Schedule 11
			(1)	(2)	(3)
LINE NO.			Per Books Virginia Juris. Cost of Service	Regulatory Accounting Adjustments	Virginia Jurisdictional Cost of Service after Adjustments (1) (2)
1	OPERATING REVENUE
2	OPERATING REVENUE DEDUCTIONS
3	OPERATION & MAINTENANCE EXPENSE
4	DEPRECIATION & AMORTIZATION
5	FEDERAL INCOME TAXES
6	STATE INCOME TAXES
7	TAXES OTHER THAN INCOME TAXES
8	(GAIN)/LOSS ON DISPOSITION OF PROPERTY
9	TOTAL OPERATING REVENUE DEDUCTIONS
10	OPERATING INCOME
11	PLUS:	AFUDC
12	LESS:	CHARITABLE DONATIONS
13		INTEREST EXPENSE ON CUSTOMER DEPOSITS
14		INTEREST ON SUPPLIER REFUNDS
15		OTHER INTEREST EXPENSE/(INCOME)
16	ADJUSTED OPERATING INCOME
17	PLUS:	OTHER INCOME/(EXPENSE)
18	LESS:	INTEREST EXPENSE-BOOKED
19		PREFERRED DIVIDENDS
20		JDC CAPITAL EXPENSE
21	INCOME AVAILABLE FOR COMMON EQUITY
22	ALLOWANCE FOR WORKING CAPITAL
23	PLUS:	NET UTILITY PLANT
24	LESS:	OTHER RATE BASE DEDUCTIONS
25	TOTAL AVERAGE RATE BASE
26	TOTAL AVERAGE CAPITAL
27	AVERAGE COMMON EQUITY CAPITAL
28	% RATE OF RETURN EARNED ON AVG. RATE BASE
29	% RATE OF RETURN EARNED ON AVG. COMMON EQ.

COMPANY NAME RATE BASE STATEMENT - EARNINGS TEST - PER BOOKS THIRTEEN-MONTH AVERAGE PER BOOKS RATE BASE						Exhibit No.: _______ Witness: _________ Schedule 12
			(1)	(2)	(3)
LINE NO.			Total Company	Non-Jurisdictional	Virginia Cost of Service Amount (1)-(2)
1	ALLOWANCE FOR WORKING CAPITAL
2	MATERIAL AND SUPPLIES
3	CASH WORKING CAPITAL (LEAD LAG STUDY)
4	DEFERRED FUEL/DEFERRED GAS NET OF FIT
5	OTHER WORKING CAPITAL
6	TOTAL ALLOWANCE FOR WORKING CAPITAL
7	NET UTILITY PLANT
8	UTILITY PLANT IN SERVICE
9	ACQUISITION ADJUSTMENTS
10	CONSTRUCTION WORK IN PROGRESS
11	PLANT HELD FOR FUTURE USE
12	LESS:	ACCUMULATED PROVISION FOR DEPRECIATION
13		AND AMORTIZATION
14		CUSTOMER ADVANCES FOR CONSTRUCTION
15	TOTAL NET UTILITY PLANT
16	RATE BASE DEDUCTIONS
17	CUSTOMER DEPOSITS
18	SUPPLIER REFUNDS
19	ACCUMULATED DEFERRED INCOME TAXES
20	OTHER COST FREE CAPITAL
21	TOTAL RATE BASE DEDUCTIONS
22	TOTAL AVERAGE RATE BASE

COMPANY NAME RATE BASE STATEMENT - EARNINGS TEST ADJUSTED TO A REGULATORY ACCOUNTING BASIS THIRTEEN-MONTH AVERAGE PER BOOKS RATE BASE					Exhibit No.: _______ Witness: _________ Schedule 14
			(1)	(2)		(3)
LINE NO.			Per Books Virginia Juris. Cost of Service	Regulatory Accounting Adjustments		Virginia Jurisdictional Cost of Service after Adjustments (1) (2)
1	ALLOWANCE FOR WORKING CAPITAL
2	MATERIAL AND SUPPLIES
3	CASH WORKING CAPITAL (LEAD LAG STUDY)
4	DEFERRED FUEL/DEFERRED GAS NET OF FIT
5	OTHER WORKING CAPITAL
6	TOTAL ALLOWANCE FOR WORKING CAPITAL
7	NET UTILITY PLANT
8	UTILITY PLANT IN SERVICE
9	ACQUISITION ADJUSTMENTS
10	CONSTRUCTION WORK IN PROGRESS
11	PLANT HELD FOR FUTURE USE
12	LESS:	ACCUMULATED PROVISION FOR DEPRECIATION
13		AND AMORTIZATION
14		CUSTOMER ADVANCES FOR CONSTRUCTION
15	TOTAL NET UTILITY PLANT
16	RATE BASE DEDUCTIONS
17	CUSTOMER DEPOSITS
18	SUPPLIER REFUNDS
19	ACCUMULATED DEFERRED INCOME TAXES
20	OTHER COST FREE CAPITAL
21	TOTAL RATE BASE DEDUCTIONS
22	TOTAL AVERAGE RATE BASE

Statutory Authority

§§ 12.1-13 and 56-585.1 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 25, Issue 9, eff. January 1, 2009; amended, Virginia Register Volume 37, Issue 9, eff. January 1, 2021.

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