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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows From Operating Activities:  
Net earnings$ 75,526$ 73,682
Adjustments to reconcile net earnings to net cash flows from operating activities:  
Depreciation and amortization151,984138,013
PVNGS firm-sales contract revenue(2,558)(43,535)
Bad debt expense20,12021,023
Deferred income tax expense (benefit)43,16723,276
Equity in net (earnings) loss of Optim Energy05,714
Net unrealized (gains) losses on derivatives(5,869)41,649
Realized (gains) on investments held by NDT(7,688)(2,606)
Stock based compensation expense4,3022,525
Regulatory disallowances21,4020
Other, net3,5493,820
Changes in certain assets and liabilities:  
Accounts receivable and unbilled revenues(88,462)(44,710)
Materials, supplies, and fuel stock(985)(2,557)
Other current assets(2,901)(54,654)
Other assets(3,310)(4,781)
Accounts payable13,781(9,380)
Accrued interest and taxes33,049141,478
Other current liabilities(12,919)(47,201)
Other liabilities(43,691)(25,198)
Net cash flows from operating activities198,497216,558
Cash Flows From Investing Activities:  
Additions to utility and non-utility plant(236,275)(181,340)
Proceeds from sales of investments held by NDT121,20257,098
Purchases of investments held by NDT(122,174)(59,395)
Return of principal on PVNGS lessor notes32,27429,851
Investments in Optim Energy0(17,610)
Other, net145636
Net cash flows from investing activities(204,828)(170,760)
Cash Flows From Financing Activities:  
Short-term borrowings (repayments), net67,000(6,000)
Long-term borrowings50,000403,845
Repayment of long-term debt(50,000)(403,845)
Proceeds from stock option exercise2,5701,117
Purchases to satisfy awards of common stock(5,288)(2,804)
Excess tax (shortfall) from stock-based payment arrangements0(264)
Dividends paid(34,690)(34,691)
Equity transactions with Valencia's owner(11,972)(11,149)
Payments received on PVNGS firm-sales contracts2,55822,872
Proceeds from transmission interconnection agreements1,2460
Repayment of transmission interconnection agreements(4,637)0
Debt issuance costs and other(100)(4,423)
Net cash flows from financing activities16,687(35,342)
Change in Cash and Cash Equivalents10,35610,456
Cash and Cash Equivalents at Beginning of Period15,404 
Cash and Cash Equivalents at Beginning of Period 14,641
Cash and Cash Equivalents at End of Period25,76025,097
Supplemental Cash Flow Disclosures:  
Interest paid, net of capitalized interest64,13067,824
Income taxes paid (refunded), net(3,744)(98,792)
Supplemental schedule of noncash financing activities:  
Liability incurred for purchase of Convertible Preferred Stock, Series A73,475 
Public Service Company of New Mexico [Member]
  
Cash Flows From Operating Activities:  
Net earnings51,63462,908
Adjustments to reconcile net earnings to net cash flows from operating activities:  
Depreciation and amortization97,91885,289
PVNGS firm-sales contract revenue(2,558)(43,535)
Deferred income tax expense (benefit)33,83533,934
Net unrealized (gains) losses on derivatives(4,120)7,157
Realized (gains) on investments held by NDT(7,688)(2,606)
Regulatory disallowances17,4790
Other, net5,7866,529
Changes in certain assets and liabilities:  
Accounts receivable and unbilled revenues(25,871)(8,938)
Materials, supplies, and fuel stock(974)(1,949)
Other current assets1,626(21,861)
Other assets8,1876,431
Accounts payable(2,013)(406)
Accrued interest and taxes18,18653,266
Other current liabilities(4,173)(51,652)
Other liabilities(45,417)(29,614)
Net cash flows from operating activities141,83794,953
Cash Flows From Investing Activities:  
Additions to utility and non-utility plant(185,402)(150,087)
Proceeds from sales of investments held by NDT121,20257,098
Purchases of investments held by NDT(122,174)(59,395)
Return of principal on PVNGS lessor notes32,27429,851
Other, net4961,165
Net cash flows from investing activities(153,604)(121,368)
Cash Flows From Financing Activities:  
Short-term borrowings (repayments), net67,00055,000
Long-term borrowings0403,845
Repayment of long-term debt0(403,845)
Dividends paid(47,730)(28,392)
Equity transactions with Valencia's owner(11,972)(11,149)
Payments received on PVNGS firm-sales contracts2,55822,872
Proceeds from transmission interconnection agreements1,2460
Repayment of transmission interconnection agreements(4,637)0
Debt issuance costs and other0(4,298)
Net cash flows from financing activities6,46534,033
Change in Cash and Cash Equivalents(5,302)7,618
Cash and Cash Equivalents at Beginning of Period10,3361,373
Cash and Cash Equivalents at End of Period5,0348,991
Supplemental Cash Flow Disclosures:  
Interest paid, net of capitalized interest40,58243,298
Income taxes paid (refunded), net(1,539)(35,189)
Texas-New Mexico Power Company [Member]
  
Cash Flows From Operating Activities:  
Net earnings17,13413,079
Adjustments to reconcile net earnings to net cash flows from operating activities:  
Depreciation and amortization36,35234,748
Deferred income tax expense (benefit)9,981(6,015)
Regulatory disallowances3,9230
Other, net(69)(939)
Changes in certain assets and liabilities:  
Accounts receivable and unbilled revenues(8,751)(3,660)
Materials, supplies, and fuel stock124(641)
Other current assets(1,547)(1,037)
Other assets(2,985)(3,147)
Accounts payable1,858(1,253)
Accrued interest and taxes4,27718,034
Other current liabilities2,383252
Other liabilities(1,101)(478)
Net cash flows from operating activities61,57948,943
Cash Flows From Investing Activities:  
Additions to utility and non-utility plant(44,214)(23,311)
Net cash flows from investing activities(44,214)(23,311)
Cash Flows From Financing Activities:  
Short-term borrowings (repayments), net – affiliate(1,200)(19,800)
Long-term borrowings50,0000
Repayment of long-term debt(50,000)0
Dividends paid(7,066)(5,750)
Debt issuance costs and other(100)(124)
Net cash flows from financing activities(8,366)(25,674)
Change in Cash and Cash Equivalents8,999(42)
Cash and Cash Equivalents at Beginning of Period1138
Cash and Cash Equivalents at End of Period9,00096
Supplemental Cash Flow Disclosures:  
Interest paid, net of capitalized interest14,47414,719
Income taxes paid (refunded), net$ 3,250$ 2,940