UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT
(DATE OF EARLIEST EVENT REPORTED): May 2, 2011
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IRS Employer |
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Registrant; State of Incorporation; |
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Identification |
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Address; and Telephone Number |
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1-13739
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UNISOURCE ENERGY CORPORATION
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86-0786732 |
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(An Arizona Corporation) |
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One South Church Avenue, Suite 100 |
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Tucson, AZ 85701 |
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(520) 571-4000 |
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1-5924
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TUCSON ELECTRIC POWER COMPANY
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86-0062700 |
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(An Arizona Corporation) |
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One South Church Avenue, Suite 100 |
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Tucson, AZ 85701 |
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(520) 571-4000 |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02 Results of Operations and Financial Condition
On May 2, 2011, UniSource Energy Corporation (“UniSource Energy”) issued a press release
announcing earnings for the quarter ended March 31, 2011 for UniSource Energy and Tucson Electric
Power Company. A copy of the press release is attached hereto as Exhibit 99.1. UniSource Energy
also posted supplemental information accessible from a link on its website, www.uns.com. A copy of
the supplemental information is attached hereto as Exhibit 99.2.
The Company’s press releases and other communications may include certain non-Generally
Accepted Accounting Principles (GAAP) financial measures. A “non-GAAP financial measure” is defined
as a numerical measure of a company’s financial performance, financial position or cash flows that
excludes (or includes) amounts that are included in (or excluded from) the most directly comparable
measure calculated and presented in accordance with GAAP in the Company’s financial statements.
Non-GAAP financial measures utilized by the Company include presentations of revenues,
operating expenses, operating income and earnings (loss) per share. The Company uses these non-GAAP
measures to evaluate the operations of the Company. Certain non-GAAP financial measures utilized by
the Company exclude: the impact of non-recurring items: the effect of accounting changes or
adjustments; expenses that are reimbursed by third parties; and other items. The Company’s
management believes that these non-GAAP financial measures provide useful information to investors
by removing the effect of variances in GAAP reported results of operations that are not indicative
of fundamental changes in the earnings or cash flow capacity of the Company’s operations.
Management also believes that the presentation of the non-GAAP financial measures is largely
consistent with its past practice, as well as industry practice in general, and will enable
investors and analysts to compare current non-GAAP measures with non-GAAP measures with respect to
prior periods.
Item 9.01 Financial Statements and Exhibits
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Exhibit 99.1
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UniSource Energy Corporation Press Release, dated May 2, 2011. |
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Exhibit 99.2
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Supplemental earnings information posted on UniSource Energy’s website, dated May 2, 2011. |
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Exhibit 99.3
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Conference call presentation slides posted on UniSource Energy’s website, dated May 2, 2011. |