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AWR > SEC Filings for AWR > Form 8-K on 10-May-2013All Recent SEC Filings

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Form 8-K for AMERICAN STATES WATER CO


10-May-2013

Results of Operations and Financial Condition, Financial Statements and


Item 2.02. Results of Operations and Financial Condition

American States Water Company (NYSE:AWR) announced that on May 9, 2013, the California Public Utilities Commission ("CPUC") issued a final decision in Golden State Water Company's ("GSWC") water rate case approving new rates for 2013 - 2015 at GSWC's three water regions and the general office. The new rates are retroactive to January 1, 2013 and are expected to generate approximately $10 million, or 3.4%, in additional annual revenues in 2013 as compared to 2012 adopted revenues. The 2013 adopted water gross margin is projected to increase by approximately $14 million, or 6.6%, as compared to the 2012 adopted water gross margin. Among other things, the final decision also reduced the overall composite depreciation rates and approved the recovery of various memorandum accounts which tracked certain costs that were previously expensed as incurred.

On May 10, 2013, American States Water Company released earnings for the first quarter ended March 31, 2013. The new rates have been reflected in the results of operations for the first quarter of 2013.

A copy of the Company's press release is attached hereto as Exhibit 99.1.

This Form 8-K and the attached exhibits are furnished to, but not filed with, the Securities and Exchange Commission.




Item 9.01. Financial Statements and Exhibits

The following exhibit is furnished hereunder:

Exhibit 99.1 Press Release dated May 10, 2013


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