But overall profits after tax, which climbed more than a third in 2011, slipped back 2.4% to £894.7m as taxation on profits nearly doubled year on year to £197.2m.
PREPA's debt is only a small chunk of Puerto Rico's overall public debt, which climbed to more than $72 billion in 2015.
But the raises affected only basic retirement pensions, which climbed to more than 450 euros a year -- now about $640 -- from about 100 euros, and disability pensions for those wounded in combat.
One reason for the heightened urgency is rising fuel prices, which have climbed more than 50percentthis yearar.
But while Southwest was more than 80percentt hedged against jet fuel prices, which have climbed more than 41percentt in the last year, Mr. Kelly said the issue was still affecting the airline's results.
The big question ahead is oil prices, which have climbed more than 30percentthis yearandand briefly touched a record of $45.02 a barrel on Tuesday before easing back to settle in New York at $44.52.
But the proposed hikes in Department of Water and Power bills could have another beneficiary as well: L.A.'s annual budget for general spending, which could climb more than $100 million if the City Council signs off on the five-year package of increases.
Even better was yesterday's performance of the Nasdaq market, which climbed 18.92 points, just more than 1percentt, as various Internet and other technology raced ahead.
Now they're at the second ridge, which some are climbing more easily than others.
The Nasdaq, which climbed 75.27 points, or 1.8percentto to 4,174.86, moved more solidly into positive territory for the year.
