C - Summary

Appendix C

Financial Summary of Adopted Adjustments

Pacific Bell Intrastate Regulated Operations

Phase 2A

1997

1998

1999

Reference

1.

Net Operating Income Reported by Pacific

$652,499,328

$922,472,419

$962,198,083

Exhibit Phase 2A: 400, p. 11.

2.

Adopted Adjustments: Phase 2A

($7,924,000)

$285,319,480

$239,785,000

Appendix D of today's Decision.

4.

Adopted Net Operating Income

$644,575,328

$1,207,791,899

$1,201,983,083

5.

Rate Base Reported by Pacific Bell

$10,057,145,000

$10,170,675,000

$9,963,603,000

Exh. Phase 2A: 404, Attch. 11-21.

6.

Adopted Adjustments: Phase 2A

-

$43,446,454

$132,371,666

Appendix E of today's Decision.

8.

Adopted Rate Base

$10,057,145,000

$10,214,121,454

$10,095,974,666

9.

Rate of Return Reported by Pacific Bell

6.49%

9.07%

9.66%

Exhibit Phase 2A: 400, p. 11.

12.

Adopted Rate of Return

6.41%

11.82%

11.91%

Line 4/Line 8


	Appendix C
	Financial Summary of Adopted Adjustments
	Pacific Bell Intrastate Regulated Operations
	Phase 2A


		1997	1998	1999	Reference

1.	Net Operating Income Reported by Pacific	$652,499,328	$922,472,419	$962,198,083	Exhibit Phase 2A: 400, p. 11.

2.	Adopted Adjustments: Phase 2A	($7,924,000)	$285,319,480	$239,785,000	Appendix D of today's Decision.
4.	Adopted Net Operating Income	$644,575,328	$1,207,791,899	$1,201,983,083

5.	Rate Base Reported by Pacific Bell	$10,057,145,000	$10,170,675,000	$9,963,603,000	Exh. Phase 2A: 404, Attch. 11-21.

6.	Adopted Adjustments: Phase 2A	-	$43,446,454	$132,371,666	Appendix E of today's Decision.
8.	Adopted Rate Base	$10,057,145,000	$10,214,121,454	$10,095,974,666

9.	Rate of Return Reported by Pacific Bell	6.49%	9.07%	9.66%	Exhibit Phase 2A: 400, p. 11.

12.	Adopted Rate of Return	6.41%	11.82%	11.91%	Line 4/Line 8