Section 71.5. Format for filing financial reports

(a) The public utility shall include the following information in the financial reports required by § 71.3 (relating to filing requirements):

(1) Computations of the public utility’s rate base, income available for return and capitalization in sufficient detail to demonstrate the major elements of these basic ratemaking parameters.

(2) Financial data which specifies actual per book amounts, intrastate allocation percentages, intrastate amounts, adjustments to intrastate amounts and adjusted results. The actual per book amounts for each 12-month period shall be presented in the manner reflected in the most recent audited annual report filed with the Commission.

(3) Adjustments to intrastate amounts which demonstrate the revenue, expense, tax and rate base effect of each adjustment supported by a brief narrative explanation which states the nature of the adjustment—annualization, normalization or ratemaking—the reason for the adjustment, references to prior Commission decisions and necessary computational details.

(4) A calculation of the return on common equity for the reported 12-month period based on the public utility’s actual and adjusted rate base, income available for return and capitalization data.

(5) Capitalization data which sets forth a calculation of the public utility’s capital structure and related ratios, the cost of debt and preferred stock and necessary adjustments to capital structure to account for known changes which have occurred during the reported 12-month period.

(b) The public utility shall present the financial reports, data and adjustments described in subsection (a) in a manner which is consistent with the schedules and format specified by the Office of Special Assistants.