XML 38 R17.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Statements of Earnings - TNMP - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Electric Operating Revenues      
Contracts with customers $ 1,569,405 $ 1,469,799 $ 1,377,208
Alternative revenue programs (3,764) (11,994) (542)
Total electric operating revenues 1,779,873 1,523,012 1,457,603
Operating Expenses:      
Administrative and general 230,292 216,334 189,227
Regulatory disallowances and restructuring costs 1,194 1,098 151,095
Depreciation and amortization 284,107 275,612 267,808
Transmission and distribution costs 81,335 77,943 69,862
Taxes other than income taxes 86,008 81,526 80,054
Total operating expenses 1,471,720 1,237,731 1,313,403
Operating income 308,153 285,281 144,200
Other Income and Deductions:      
Other income 20,200 19,973 15,382
Other (deductions) (18,559) (18,732) (15,328)
Net other income and (deductions) 33,153 37,063 43,665
Interest Charges 96,877 114,392 121,016
Earnings before Income Taxes 244,429 207,952 66,849
Income Taxes 32,582 20,636 (25,282)
Texas-New Mexico Power Company      
Electric Operating Revenues      
Contracts with customers 417,509 391,641 366,310
Alternative revenue programs 344 (8,463) (2,529)
Total electric operating revenues 417,853 383,178 363,781
Operating Expenses:      
Cost of energy and production costs 113,067 102,074 95,087
Administrative and general 47,820 44,811 40,530
Regulatory disallowances and restructuring costs 0 0 496
Depreciation and amortization 90,440 87,799 84,259
Transmission and distribution costs 31,489 28,409 26,892
Taxes other than income taxes 34,919 31,632 30,703
Total operating expenses 317,735 294,725 277,967
Operating income 100,118 88,453 85,814
Other Income and Deductions:      
Other income 7,176 8,546 5,559
Other (deductions) (1,768) (1,718) (1,428)
Net other income and (deductions) 5,408 6,828 4,131
Interest Charges 33,735 30,388 29,100
Earnings before Income Taxes 71,791 64,893 60,845
Income Taxes 7,912 6,308 5,046
Net earnings $ 63,879 $ 58,585 $ 55,799