K - Tax on Adjustments

Appendix K
Reconciliation of Income Tax Normalization & Flow Through for Adopted Audit Adjustments Other than CHCF-B
		1997 Increase/(Decrease) to Pacific's NOIIntrastate Regulated Amounts
		Adopted		Normalized	After-Tax
Adjustment Description	Reference	Audit Adj.	Tax Rate	Tax Effect	Effect
SFAS 106: VEBA 3 Transfer	Appendix H, Line 7	9,838,000	40.746%	(4,008,591)	5,829,409
TOTAL		9,838,000		(4,008,591)	5,829,409
		1998 Increase/(Decrease) to Pacific's NOIIntrastate Regulated Amounts
		Adopted		Normalized	After-Tax
Adjustment Description	Reference	Audit Adj.	Tax Rate	Tax Effect	Effect
SFAS 106: PBOP VEBA 3 TBO Adj.	Appendix I, Line 16	31,871,000	40.746%	(12,986,158)	18,884,842
SFAS 106: VEBA 3 Curtail. Loss	Appendix I, Line 27	38,264,000	40.746%	(15,591,049)	22,672,951
SFAS 106: VEBA 3 Transfer	Appendix H, Line 14	-9,838,000	40.746%	4,008,591	(5,829,409)
TOTAL		60,297,000		(24,568,616)	35,728,384
		1999 Increase/(Decrease) to Pacific's NOIIntrastate Regulated Amounts
		Adopted		Normalized	After-Tax
Adjustment Description	Reference	Audit Adj.	Tax Rate	Tax Effect	Effect
SFAS 106: PBOP VEBA 3 TBO Adj.	Appendix I, Line 14	5,312,000	40.746%	(2,164,428)	3,147,572
Pension Trust Fund Withdrawal	Exhibit Phase 2A: 409, Table 7 of 7	68,749,000	40.746%	(28,012,468)	40,736,532
TOTAL		74,061,000		(30,176,895)	43,884,105