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This excerpt taken from the ALE 10-K filed Feb 12, 2010. Regulatory Accounting. Our
regulated utility operations are subject to the guidance on accounting for the
effects of certain types of regulation. This guidance requires us to reflect the
effect of regulatory decisions in our financial statements. Regulatory assets or
liabilities arise as a result of a difference between GAAP and the accounting
principles imposed by the regulatory agencies. Regulatory assets represent
incurred costs that have been deferred as they are probable for recovery in
customer rates. Regulatory liabilities represent obligations to make refunds to
customers and amounts collected in rates for which the related costs have not
yet been incurred.
We
recognize regulatory assets and liabilities in accordance with applicable state
and federal regulatory rulings. The recoverability of regulatory assets is
periodically assessed by considering factors such as, but not limited to,
changes in regulatory rules and rate orders issued by applicable regulatory
agencies. The assumptions and judgments used by regulatory authorities may have
an impact on the recovery of costs, the rate of return on invested capital, and the
timing and amount of assets to be recovered by rates. A change in these
assumptions may result in a material impact on our results of operations. (See
Note 5. Regulatory Matters.)
These excerpts taken from the ALE 10-K filed Feb 13, 2009. Regulatory Accounting. Our
regulated utility operations are subject to the provisions of SFAS 71,
“Accounting for the Effects of Certain Types of Regulation.” SFAS 71 requires us
to reflect the effect of regulatory decisions in our financial statements.
Regulatory assets or liabilities arise as a result of a difference between
GAAP and the accounting principles imposed by the regulatory agencies.
Regulatory assets represent incurred costs that have been deferred as they are
probable for recovery in customer rates. Regulatory liabilities represent
obligations to make refunds to customers and amounts collected in rates for
which the related costs have not yet been incurred.
We
recognize regulatory assets and liabilities in accordance with applicable state
and federal regulatory rulings. The recoverability of regulatory assets is
periodically assessed by considering factors such as, but not limited to,
changes in regulatory rules and rate orders issued by applicable regulatory
agencies. The assumptions and judgments used by regulatory authorities may have
an impact on the recovery of costs, the rate of return on invested capital, and the
timing and amount of assets to be recovered by rates. A change in these
assumptions may result in a material impact on our results of operations. (See
Note 5. Regulatory Matters.)
Regulatory Accounting. Our regulated utility operations are subject to the provisions of SFAS 71, “Accounting for the Effects of Certain Types of Regulation.” SFAS 71 requires us to reflect the effect of regulatory decisions in our financial statements. Regulatory assets or liabilities arise as a result of a difference between GAAP and the accounting principles imposed by the regulatory agencies. Regulatory assets represent incurred costs that have been deferred as they are probable for recovery in customer rates. Regulatory liabilities represent obligations to make refunds to customers and amounts collected in rates for which the related costs have not yet been incurred. We recognize regulatory assets and liabilities in accordance with applicable state and federal regulatory rulings. The recoverability of regulatory assets is periodically assessed by considering factors such as, but not limited to, changes in regulatory rules and rate orders issued by applicable regulatory agencies. The assumptions and judgments used by regulatory authorities may have an impact on the recovery of costs, the rate of return on invested capital, and the timing and amount of assets to be recovered by rates. A change in these assumptions may result in a material impact on our results of operations. (See Note 5. Regulatory Matters.) These excerpts taken from the ALE 10-K filed Feb 15, 2008. Regulatory Accounting. Our
regulated utility operations are subject to the provisions of SFAS 71,
“Accounting for the Effects of Certain Types of Regulation”. SFAS 71 requires us
to reflect the effect of regulatory decisions in our financial statements.
Regulatory assets or liabilities arise as a result of a difference between GAAP.
and the accounting principles imposed by the regulatory agencies. Regulatory
assets represent incurred costs that have been deferred as they are probable for
recovery in customer rates. Regulatory liabilities represent obligations to make
refunds to customers and amounts collected in rates for which the related costs
have not yet been incurred.
We
recognize regulatory assets and liabilities in accordance with applicable state
and federal regulatory rulings. The recoverability of regulatory assets is
periodically assessed by considering factors such as, but not limited to,
changes in regulatory rules and rate orders issued by applicable regulatory
agencies. The assumptions and judgments used by regulatory authorities may have
an impact on the recovery of costs, the rate of return on invested capital, and the
timing and amount of assets to be recovered by rates. A change in these
assumptions may result in a material impact on our results of operations. (See
Note 5.)
Regulatory Accounting. Our regulated utility operations are subject to the provisions of SFAS 71, “Accounting for the Effects of Certain Types of Regulation”. SFAS 71 requires us to reflect the effect of regulatory decisions in our financial statements. Regulatory assets or liabilities arise as a result of a difference between GAAP. and the accounting principles imposed by the regulatory agencies. Regulatory assets represent incurred costs that have been deferred as they are probable for recovery in customer rates. Regulatory liabilities represent obligations to make refunds to customers and amounts collected in rates for which the related costs have not yet been incurred. We recognize regulatory assets and liabilities in accordance with applicable state and federal regulatory rulings. The recoverability of regulatory assets is periodically assessed by considering factors such as, but not limited to, changes in regulatory rules and rate orders issued by applicable regulatory agencies. The assumptions and judgments used by regulatory authorities may have an impact on the recovery of costs, the rate of return on invested capital, and the timing and amount of assets to be recovered by rates. A change in these assumptions may result in a material impact on our results of operations. (See Note 5.) | EXCERPTS ON THIS PAGE:
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