AVISTA CORP

For the period ended Dec 31, 2024. Filed Feb 26, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 26, 2025

AVA$40.21+0.4%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income

Dollars in millions, except per share amounts

	2024	2023	2022
Operating Revenues:
Utility revenues:
Utility revenues, exclusive of alternative revenue programs	$1,902	$1,746	$1,743
Alternative revenue programs	35	5	(34)
Total utility revenues	1,937	1,751	1,709
Non-utility revenues	1	1	1
Total operating revenues	1,938	1,752	1,710
Operating Expenses:
Utility operating expenses:
Resource costs	798	702	736
Other operating expenses	442	414	405
Depreciation and amortization	274	265	253
Taxes other than income taxes	116	110	114
Non-utility operating expenses	2	3	12
Total operating expenses	1,632	1,494	1,520
Income from operations	306	258	190
Interest expense	147	141	118
Interest expense to affiliated trusts	3	3	1
Capitalized interest	(5)	(4)	(4)
Other income-net	(22)	(19)	(63)
Income before income taxes	183	137	138
Income tax expense (benefit)	3	(34)	(17)
Net income	$180	$171	$155
Weighted-average common shares outstanding (thousands), basic	78,725	76,396	72,989
Weighted-average common shares outstanding (thousands), diluted	78,820	76,495	73,093
Earnings per common share:
Basic	$2.29	$2.24	$2.13
Diluted	$2.29	$2.24	$2.12

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.