{"data":{"id":"us-va/20vac5-201-95","jurisdiction":"us-va","citation":"20VAC5-201-95","heading":"Schedules 1 through 14 and exhibits for Chapter 201","body":"The following schedules and exhibits are to be used in conjunction with this chapter.\n\nCOMPANY NAME\n\nHISTORIC PROFITABILITY AND MARKET DATA\n\nCASE NO. PUE------\n\nExhibit No.: ___________\n\nWitness: _____________\n\nSchedule 1\n\nConsolidated Company Profitability and Capital Market Data\n\n4th Year Prior\n\n3rd Year Prior\n\n2nd Year Prior\n\n1st Year Prior\n\nTest Period\n\nA. Ratios\n\nReturn on Year End Equity\n\nReturn on Average Equity\n\nEarnings Per Share\n\nDividends Per Share\n\nPayout Ratio\n\nMarket Price of Common Stock:\n\nYear's High\n\nYear's Low\n\nAverage Price\n\nDividend Yield on Common Stock:\n\nPrice Earnings Ratio\n\nB. External Funds Raised\n\nExternal Funds Raised - Debt:\n\nDollar Amount Raised\n\nCoupon Rate\n\nBond Rating(s)\n\n(Rating Service)\n\nExternal Funds Raised - Preferred Stock:\n\nDollar Amount Raised\n\nDividend Rate\n\nPreferred Stock Rating(s)\n\n(Rating Service)\n\nExternal Funds Raised - Common Equity\n\nDollar Amount from Public Offering\n\nNumber Shares Issued\n\nAverage Offering Price\n\nC. Subsidiary Data\n\nReturn on Year End Equity\n\nReturn on Average Equity\n\nExternal Funds Raised - Bonds:\n\nDollar Amount Raised\n\nCoupon Rate\n\nBond Rating(s)\n\n(Rating Service)\n\nExternal Funds Raised - Preferred Stock\n\nDollar Amount Raised\n\nDividend Rate\n\nPreferred Stock Rating(s)\n\n(Rating Service)\n\nEquity Capital Transfer\n\nFrom Parent\n\n(Dollar Amount-Net)\n\nCOMPANY NAME\n\nINTEREST AND CASH FLOW COVERAGE DATA\n\nCASE NO. PUE------\n\nExhibit No.: ___________\n\nWitness: _____________\n\nSchedule 2\n\nCoverage Ratios and Cash Flow Profile Data\n\n4th Year Prior\n\n3rd Year Prior\n\n2nd Year Prior\n\n1st Year Prior\n\nTest Period\n\nA. Consolidated Company Data\n\nInterest Coverage Ratio\n\nPre-Tax\n\nCash Flow Coverage Ratios\n\na. Common Dividend Coverage\n\nb. Cash Flow Coverage of Construction Expenditures\n\nc. Cash After Dividends Coverage of Construction Expenditures\n\nData for Interest Coverage\n\n1 Net Income\n\n2 Income Taxes\n\n3 Interest on Mortgages\n\n4 Other Interest\n\n5 Total Interest\n\n6 Earnings Before Interest and Taxes (Lines 1+2+5)\n\nData for Cash Flow Coverage\n\n7 Net Income\n\n8 AFUDC\n\n9 Amortization\n\n10 Depreciation\n\n11 Change in Deferred Taxes\n\n12 Change in Investment Tax Credits\n\n13 Preferred Dividends Paid\n\n14 Cash Flow Generated (Lines 1-8+9+10+11+12-13)\n\n15 Construction Expenditures\n\n16 Common Dividends Paid\n\nB. Subsidiary Data\n\nInterest Coverage Ratio\n\nPre-Tax (Line 6 / Line 5)\n\nCash Flow Coverage Ratios\n\na. Common Dividend Coverage (Line 14 / 16)\n\nb. Cash Flow Coverage of Construction Expenditures (Line 14 / 15)\n\nc. Cash After Dividends Coverage of Construction Expenditures ((Lines 14-16) / 15)\n\nData for Interest Coverage\n\n1 Net Income\n\n2 Income Taxes\n\n3 Interest on Mortgages\n\n4 Other Interest\n\n5 Total Interest\n\n6 Earnings Before Interest and Taxes\n\nData for Cash Flow Coverage\n\n7 Net Income\n\n8 AFUDC\n\n9 Amortization\n\n10 Depreciation\n\n11 Change in Deferred Taxes\n\n12 Change in Investment Tax Credits\n\n13 Preferred Dividends Paid\n\n14 Cash Flow Generated\n\n15 Construction Expenditures\n\n16 Common Dividends Paid\n\nCOMPANY NAME\n\nCAPITAL STRUCTURE AND COST OF CAPITAL STATEMENT - PER BOOKS AND AVERAGE\n\nCASE NO. PUE------\n\nExhibit No.:______\n\nWitness:______\n\nSchedule 3\n\n(1)\n\n(2)\n\n(3)\n\n(4)\n\n(5)\n\n(6)\n\n4th Year Prior\n\n3rd Year Prior\n\n2nd Year Prior\n\n1st Year Prior\n\nTest Period\n\nFive-Quarter or 13-Month Ave\n\nA. Capital Structure Per Balance Sheet ($)\n\nShort-Term Debt\n\nCustomer Deposits\n\nOther Current Liabilities\n\nLong-Term Debt\n\nPreferred \u0026 Preference Stock\n\nCommon Equity\n\nInvestment Tax Credits\n\nOther Tax Deferrals\n\nOther Liabilities\n\nTotal Capitalization\n\nB. Capital Structure Approved for Ratemaking Purposes ($)\n\nShort-Term Debt\n\nLong-Term Debt\n\nPreferred \u0026 Preference Stock\n\nJob Development Credits\n\nCommon Equity\n\nOther (specify)\n\nTotal Capitalization\n\nC. Capital Structure Weights for Ratemaking Purposes\n\nShort-Term Debt\n\nLong-Term Debt\n\nPreferred \u0026 Preference Stock\n\nJob Development Credits\n\nCommon Equity\n\nOther (specify)\n\nTotal Capitalization (100%)\n\nD. Component Capital Cost Rates (%)\n\nShort-Term Debt\n\nLong-Term Debt\n\nPreferred \u0026 Preference Stock\n\nJob Development Credits\n\nCommon Equity (Authorized)\n\nOther (specify)\n\nE. Component Weighted Cost Rates (%)\n\nShort-Term Debt\n\nLong-Term Debt\n\nPreferred \u0026 Preference Stock\n\nJob Development Credits\n\nCommon Equity (Authorized)\n\nOther (specify)\n\nWeighted Cost of Capital\n\nCOMPANY NAME\n\nRATE OF RETURN STATEMENT - EARNINGS TEST - PER BOOKS FOR THE TEST YEAR ENDED --/--/--\n\nUSING THIRTEEN MONTH AVERAGE RATE BASE AND COMMON EQUITY\n\nExhibit No.: ___________\n\nWitness: _____________\n\nSchedule 9\n\n(1)\n\n(2)\n\n(3)\n\nLINE NO.\n\nTotal Company\n\nNon-Jurisdictional\n\nVirginia Cost of Service Amount\n\n(1)-(2)\n\n1\n\nOPERATING REVENUE\n\n2\n\nOPERATING REVENUE DEDUCTIONS\n\n3\n\nOPERATION \u0026 MAINTENANCE EXPENSE\n\n4\n\nDEPRECIATION \u0026 AMORTIZATION\n\n5\n\nFEDERAL INCOME TAXES\n\n6\n\nSTATE INCOME TAXES\n\n7\n\nTAXES OTHER THAN INCOME TAXES\n\n8\n\n(GAIN)/LOSS ON DISPOSITION OF PROPERTY\n\n9\n\nTOTAL OPERATING REVENUE DEDUCTIONS\n\n10\n\nOPERATING INCOME\n\n11\n\nPLUS:\n\nAFUDC\n\n12\n\nLESS:\n\nCHARITABLE DONATIONS\n\n13\n\nINTEREST EXPENSE ON CUSTOMER DEPOSITS\n\n14\n\nINTEREST ON SUPPLIER REFUNDS\n\n15\n\nOTHER INTEREST EXPENSE/(INCOME)\n\n16\n\nADJUSTED OPERATING INCOME\n\n17\n\nPLUS:\n\nOTHER INCOME/\n\n(EXPENSE)\n\n18\n\nLESS:\n\nINTEREST EXPENSE-BOOKED\n\n19\n\nPREFERRED DIVIDENDS\n\n20\n\nJDC CAPITAL EXPENSE\n\nn/a\n\nn/a\n\nn/a\n\nn/a\n\nn/a\n\nn/a\n\nn/a\n\n21\n\nINCOME AVAILABLE FOR COMMON EQUITY\n\n22\n\nALLOWANCE FOR WORKING CAPITAL\n\n23\n\nPLUS:\n\nNET UTILITY PLANT\n\n24\n\nLESS:\n\nOTHER RATE BASE DEDUCTIONS\n\n25\n\nTOTAL AVERAGE RATE BASE\n\n26\n\nTOTAL AVERAGE CAPITAL\n\n27\n\nAVERAGE COMMON EQUITY CAPITAL\n\n28\n\n% RATE OF RETURN EARNED ON AVG. RATE BASE\n\n29\n\n% RATE OF RETURN EARNED ON AVG. COMMON EQ.\n\nDEDUCTIONS\n\nCOMPANY NAME\n\nRATE OF RETURN STATEMENT - EARNINGS TEST\n\nADJUSTED TO A REGULATORY ACCOUNTING BASIS FOR THE TEST YEAR ENDED --/--/--\n\nUSING THIRTEEN MONTH AVERAGE RATE BASE AND COMMON EQUITY\n\nExhibit No.: ____\n\nWitness: ______\n\nSchedule 11\n\n(1)\n\n(2)\n\n(3)\n\nLINE NO.\n\nPer Books Virginia Juris. Cost of Service\n\nRegulatory Accounting Adjustments\n\nVirginia Jurisdictional Cost of Service after Adjustments\n\n(1) (2)\n\n1\n\nOPERATING REVENUE\n\n2\n\nOPERATING REVENUE DEDUCTIONS\n\n3\n\nOPERATION \u0026 MAINTENANCE EXPENSE\n\n4\n\nDEPRECIATION \u0026 AMORTIZATION\n\n5\n\nFEDERAL INCOME TAXES\n\n6\n\nSTATE INCOME TAXES\n\n7\n\nTAXES OTHER THAN INCOME TAXES\n\n8\n\n(GAIN)/LOSS ON DISPOSITION OF PROPERTY\n\n9\n\nTOTAL OPERATING REVENUE DEDUCTIONS\n\n10\n\nOPERATING INCOME\n\n11\n\nPLUS:\n\nAFUDC\n\n12\n\nLESS:\n\nCHARITABLE DONATIONS\n\n13\n\nINTEREST EXPENSE ON CUSTOMER DEPOSITS\n\n14\n\nINTEREST ON SUPPLIER REFUNDS\n\n15\n\nOTHER INTEREST EXPENSE/(INCOME)\n\n16\n\nADJUSTED OPERATING INCOME\n\n17\n\nPLUS:\n\nOTHER INCOME/(EXPENSE)\n\n18\n\nLESS:\n\nINTEREST EXPENSE-BOOKED\n\n19\n\nPREFERRED DIVIDENDS\n\n20\n\nJDC CAPITAL EXPENSE\n\n21\n\nINCOME AVAILABLE FOR COMMON EQUITY\n\n22\n\nALLOWANCE FOR WORKING CAPITAL\n\n23\n\nPLUS:\n\nNET UTILITY PLANT\n\n24\n\nLESS:\n\nOTHER RATE BASE DEDUCTIONS\n\n25\n\nTOTAL AVERAGE RATE BASE\n\n26\n\nTOTAL AVERAGE CAPITAL\n\n27\n\nAVERAGE COMMON EQUITY CAPITAL\n\n28\n\n% RATE OF RETURN EARNED ON AVG. RATE BASE\n\n29\n\n% RATE OF RETURN EARNED ON AVG. COMMON EQ.\n\nCOMPANY NAME\n\nRATE BASE STATEMENT - EARNINGS TEST - PER BOOKS\n\nTHIRTEEN-MONTH AVERAGE PER BOOKS RATE BASE\n\nExhibit No.: _______\n\nWitness: _________\n\nSchedule 12\n\n(1)\n\n(2)\n\n(3)\n\nLINE NO.\n\nTotal Company\n\nNon-Jurisdictional\n\nVirginia Cost of Service Amount\n\n(1)-(2)\n\n1\n\nALLOWANCE FOR WORKING CAPITAL\n\n2\n\nMATERIAL AND SUPPLIES\n\n3\n\nCASH WORKING CAPITAL (LEAD LAG STUDY)\n\n4\n\nDEFERRED FUEL/DEFERRED GAS NET OF FIT\n\n5\n\nOTHER WORKING CAPITAL\n\n6\n\nTOTAL ALLOWANCE FOR WORKING CAPITAL\n\n7\n\nNET UTILITY PLANT\n\n8\n\nUTILITY PLANT IN SERVICE\n\n9\n\nACQUISITION ADJUSTMENTS\n\n10\n\nCONSTRUCTION WORK IN PROGRESS\n\n11\n\nPLANT HELD FOR FUTURE USE\n\n12\n\nLESS:\n\nACCUMULATED PROVISION FOR DEPRECIATION\n\n13\n\nAND AMORTIZATION\n\n14\n\nCUSTOMER ADVANCES FOR CONSTRUCTION\n\n15\n\nTOTAL NET UTILITY PLANT\n\n16\n\nRATE BASE DEDUCTIONS\n\n17\n\nCUSTOMER DEPOSITS\n\n18\n\nSUPPLIER REFUNDS\n\n19\n\nACCUMULATED DEFERRED INCOME TAXES\n\n20\n\nOTHER COST FREE CAPITAL\n\n21\n\nTOTAL RATE BASE DEDUCTIONS\n\n22\n\nTOTAL AVERAGE RATE BASE\n\nCOMPANY NAME\n\nRATE BASE STATEMENT - EARNINGS TEST\n\nADJUSTED TO A REGULATORY ACCOUNTING BASIS\n\nTHIRTEEN-MONTH AVERAGE PER BOOKS RATE BASE\n\nExhibit No.: _______\n\nWitness: _________\n\nSchedule 14\n\n(1)\n\n(2)\n\n(3)\n\nLINE NO.\n\nPer Books Virginia Juris. Cost of Service\n\nRegulatory Accounting Adjustments\n\nVirginia Jurisdictional Cost of Service after Adjustments\n\n(1) (2)\n\n1\n\nALLOWANCE FOR WORKING CAPITAL\n\n2\n\nMATERIAL AND SUPPLIES\n\n3\n\nCASH WORKING CAPITAL (LEAD LAG STUDY)\n\n4\n\nDEFERRED FUEL/DEFERRED GAS NET OF FIT\n\n5\n\nOTHER WORKING CAPITAL\n\n6\n\nTOTAL ALLOWANCE FOR WORKING CAPITAL\n\n7\n\nNET UTILITY PLANT\n\n8\n\nUTILITY PLANT IN SERVICE\n\n9\n\nACQUISITION ADJUSTMENTS\n\n10\n\nCONSTRUCTION WORK IN PROGRESS\n\n11\n\nPLANT HELD FOR FUTURE USE\n\n12\n\nLESS:\n\nACCUMULATED PROVISION FOR DEPRECIATION\n\n13\n\nAND AMORTIZATION\n\n14\n\nCUSTOMER ADVANCES FOR CONSTRUCTION\n\n15\n\nTOTAL NET UTILITY PLANT\n\n16\n\nRATE BASE DEDUCTIONS\n\n17\n\nCUSTOMER DEPOSITS\n\n18\n\nSUPPLIER REFUNDS\n\n19\n\nACCUMULATED DEFERRED INCOME TAXES\n\n20\n\nOTHER COST FREE CAPITAL\n\n21\n\nTOTAL RATE BASE DEDUCTIONS\n\n22\n\nTOTAL AVERAGE RATE BASE","path":["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"],"source_url":"https://law.lis.virginia.gov/admincode/title20/agency5/chapter201/section95/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:53:24Z","sha256":"e3df35dc88baf3377df9f578ee297dc968e9e32fa5da1bfd31b7cd481db76410","source_id":"us-va-vac","stale":false,"prev":"us-va/20vac5-201-90","next":"us-va/20vac5-201-100"},"notice":"GroundRules: Original legal text. Not legal advice."}