XML 47 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash and cash equivalents $ 5,356 $ 15,091
Accounts receivable, net of allowance for uncollectible accounts of $1,931 and $1,778 for PNMR and PNM 119,887 87,794
Unbilled revenues 54,399 57,401
Other receivables 43,418 71,069
Materials, supplies, and fuel stock 61,000 54,231
Regulatory assets 47,899 44,993
Commodity derivative instruments 1,184 3,713
Income taxes receivable 100,802 95,130
Other current assets 38,467 33,397
Total current assets 472,412 462,819
Other Property and Investments:    
Investment in PVNGS lessor notes 54,666 79,049
Investments held by NDT 186,839 168,851
Other investments 9,977 12,207
Non-utility property, net of accumulated depreciation of $137 and $120 for PNMR 4,615 4,631
Total other property and investments 256,097 264,738
Utility Plant:    
Plant in service and plant held for future use 5,223,543 5,120,167
Less accumulated depreciation and amortization 1,766,689 1,705,520
Net plant in service and plant held for future use 3,456,854 3,414,647
Construction work in progress 148,313 132,420
Nuclear fuel, net of accumulated amortization of $50,106 and $36,411 for PNMR and PNM 86,496 80,067
Net utility plant 3,691,663 3,627,134
Deferred Charges and Other Assets:    
Regulatory assets 468,991 482,155
Goodwill 278,297 278,297
Other deferred charges 92,747 89,470
Total deferred charges and other assets 840,035 849,922
Assets 5,260,207 5,204,613
Current Liabilities:    
Short-term debt 113,400 82,700
Current installments of long-term debt 2,387 2,387
Accounts payable 81,463 103,139
Customer deposits 17,655 15,971
Accrued interest and taxes 82,169 53,114
Commodity derivative instruments 1,888 1,632
Dividends declared 11,680 10,089
Current portion of accumulated deferred income taxes 9,080 9,080
Other current liabilities 73,269 95,156
Total current liabilities 392,991 373,268
Long-term Debt 1,672,124 1,671,626
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 705,945 645,099
Accumulated deferred investment tax credits 14,101 15,771
Regulatory liabilities 438,377 418,098
Asset retirement obligations 84,191 79,233
Accrued pension liability and postretirement benefit cost 129,858 224,766
Commodity derivative instruments 2,770 2,437
Other deferred credits 94,749 106,378
Total deferred credits and other liabilities 1,469,991 1,491,782
Total liabilities 3,535,106 3,536,676
Commitments and Contingencies (See Note 9)      
Cumulative preferred stock of subsidiary without mandatory redemption requirements ($100 stated value, 10,000,000 shares authorized: issued and outstanding 115,293 shares) 11,529 11,529
Company common stockholders’ equity:    
Common stock outstanding 1,183,886 1,193,191
Accumulated other comprehensive income (loss), net of income taxes (60,858) (66,856)
Retained earnings 509,456 447,650
Total Company common stockholders' equity 1,632,484 1,573,985
Non-controlling interest in Valencia 81,088 82,423
Total equity 1,713,572 1,656,408
Total liabilities and stockholders' equity 5,260,207 5,204,613
Public Service Company of New Mexico [Member]
    
Current Assets:    
Cash and cash equivalents 221 12,307
Accounts receivable, net of allowance for uncollectible accounts of $1,931 and $1,778 for PNMR and PNM 94,315 68,661
Unbilled revenues 46,998 48,928
Other receivables 42,454 65,465
Affiliate receivables 8,930 8,912
Materials, supplies, and fuel stock 57,925 51,521
Regulatory assets 46,940 44,480
Commodity derivative instruments 1,184 3,713
Income taxes receivable 66,374 128,858
Other current assets 33,144 26,776
Total current assets 398,485 459,621
Other Property and Investments:    
Investment in PVNGS lessor notes 54,666 79,049
Investments held by NDT 186,839 168,851
Other investments 3,985 2,900
Non-utility property, net of accumulated depreciation of $137 and $120 for PNMR 976 976
Total other property and investments 246,466 251,776
Utility Plant:    
Plant in service and plant held for future use 4,075,995 4,009,873
Less accumulated depreciation and amortization 1,342,958 1,305,754
Net plant in service and plant held for future use 2,733,037 2,704,119
Construction work in progress 120,303 116,030
Nuclear fuel, net of accumulated amortization of $50,106 and $36,411 for PNMR and PNM 86,496 80,067
Net utility plant 2,939,836 2,900,216
Deferred Charges and Other Assets:    
Regulatory assets 352,871 352,387
Goodwill 51,632 51,632
Other deferred charges 84,041 79,655
Total deferred charges and other assets 488,544 483,674
Assets 4,073,331 4,095,287
Current Liabilities:    
Short-term debt 0 66,000
Accounts payable 64,213 82,619
Customer deposits 17,655 15,971
Affiliate payables 11,922 14,592
Accrued interest and taxes 51,092 32,111
Commodity derivative instruments 1,888 1,632
Dividends declared 16,885 132
Current portion of accumulated deferred income taxes 16,562 16,562
Other current liabilities 53,219 60,944
Total current liabilities 233,436 290,563
Long-term Debt 1,215,569 1,215,540
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 562,534 504,419
Accumulated deferred investment tax credits 14,101 15,771
Regulatory liabilities 390,563 373,703
Asset retirement obligations 83,337 78,425
Accrued pension liability and postretirement benefit cost 125,840 213,688
Commodity derivative instruments 2,770 2,437
Other deferred credits 83,514 94,700
Total deferred credits and other liabilities 1,262,659 1,283,143
Total liabilities 2,711,664 2,789,246
Commitments and Contingencies (See Note 9)      
Cumulative Preferred Stock of Subsidiary without mandatory redemption requirements 11,529 11,529
Company common stockholders’ equity:    
Common stock outstanding 1,061,776 1,061,776
Accumulated other comprehensive income (loss), net of income taxes (60,615) (66,798)
Retained earnings 267,889 217,111
Total Company common stockholders' equity 1,269,050 1,212,089
Non-controlling interest in Valencia 81,088 82,423
Total equity 1,350,138 1,294,512
Total liabilities and stockholders' equity 4,073,331 4,095,287
Texas-New Mexico Power Company [Member]
    
Current Assets:    
Cash and cash equivalents 1 1
Accounts receivable, net of allowance for uncollectible accounts of $1,931 and $1,778 for PNMR and PNM 25,572 19,133
Unbilled revenues 7,401 8,473
Other receivables 1,126 847
Materials, supplies, and fuel stock 3,075 2,710
Regulatory assets 959 513
Current portion of accumulated deferred income taxes 2,273 2,272
Other current assets 1,426 694
Total current assets 41,833 34,643
Other Property and Investments:    
Other investments 267 271
Non-utility property, net of accumulated depreciation of $137 and $120 for PNMR 2,240 2,240
Total other property and investments 2,507 2,511
Utility Plant:    
Plant in service and plant held for future use 985,318 947,327
Less accumulated depreciation and amortization 338,600 323,123
Net plant in service and plant held for future use 646,718 624,204
Construction work in progress 20,141 12,968
Net utility plant 666,859 637,172
Deferred Charges and Other Assets:    
Regulatory assets 116,120 129,768
Goodwill 226,665 226,665
Other deferred charges 6,078 6,686
Total deferred charges and other assets 348,863 363,119
Assets 1,060,062 1,037,445
Current Liabilities:    
Short-term debt – affiliate 3,000 700
Accounts payable 8,055 12,263
Affiliate payables 2,258 1,314
Accrued interest and taxes 25,525 20,666
Other current liabilities 10,412 9,480
Total current liabilities 49,250 44,423
Long-term Debt 311,432 310,963
Deferred Credits and Other Liabilities:    
Accumulated deferred income taxes 170,552 159,197
Regulatory liabilities 47,814 44,395
Asset retirement obligations 737 699
Accrued pension liability and postretirement benefit cost 4,018 11,078
Other deferred credits 4,106 3,437
Total deferred credits and other liabilities 227,227 218,806
Total liabilities 587,909 574,192
Commitments and Contingencies (See Note 9)      
Company common stockholders’ equity:    
Common stock outstanding 64 64
Paid-in-capital 405,366 416,394
Accumulated other comprehensive income (loss), net of income taxes (243) (58)
Retained earnings 66,966 46,853
Total Company common stockholders' equity 472,153 463,253
Total liabilities and stockholders' equity $ 1,060,062 $ 1,037,445