GroundRules
20VAC5-201-95: Schedules 1 through 14 and exhibits for Chapter 201
Where this section sits in the code
- Title 20. Public Utilities And Telecommunications
- Agency 5. State Corporation Commission
- Chapter 201. Rules Governing Utility Rate Applications and Annual Informational Filings of Investor-owned Water Utilities
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
Collected 2026-09-14T04:53:24Z. Source file · JSON