Step 1

Preheat oven to 350 degrees F (177 degrees C). Grease an 7 x 5-inch baking pan.

Step 2

Combine sugar and butter in a large bowl.

Step 3

Stir in water, vanilla and egg.

Step 4

Combine flour, cocoa powder, baking powder and salt in a small bowl and stir into butter/sugar mixture.

Step 5

Stir in nuts.

Step 6

Pour into prepared baking pan and bake for 20-25 minutes.