XML 39 R17.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Earnings - TNMP - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Electric Operating Revenues $ 2,249,555 $ 1,779,873 $ 1,523,012
Operating Expenses:      
Administrative and general 227,149 230,292 216,334
Depreciation and amortization 304,853 284,107 275,612
Transmission and distribution costs 94,684 81,335 77,943
Taxes other than income taxes 92,989 86,008 81,526
Total operating expenses 1,855,795 1,471,720 1,237,731
Operating income 393,760 308,153 285,281
Other Income and Deductions:      
Other income 21,601 20,200 19,973
Other (deductions) (13,881) (18,559) (18,732)
Net other income and (deductions) (54,542) 33,153 37,063
Interest Charges 127,908 96,877 114,392
Earnings before Income Taxes 211,310 244,429 207,952
Income Taxes 26,130 32,582 20,636
Texas-New Mexico Power Company      
Electric Operating Revenues 482,730 417,853 383,178
Operating Expenses:      
Cost of energy and production costs 123,928 113,067 102,074
Administrative and general 49,592 47,820 44,811
Depreciation and amortization 98,316 90,440 87,799
Transmission and distribution costs 36,406 31,489 28,409
Taxes other than income taxes 38,521 34,919 31,632
Total operating expenses 346,763 317,735 294,725
Operating income 135,967 100,118 88,453
Other Income and Deductions:      
Other income 10,641 7,176 8,546
Other (deductions) (1,988) (1,768) (1,718)
Net other income and (deductions) 8,653 5,408 6,828
Interest Charges 37,192 33,735 30,388
Earnings before Income Taxes 107,428 71,791 64,893
Income Taxes 15,161 7,912 6,308
Net earnings $ 92,267 $ 63,879 $ 58,585