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Condensed Consolidated Statements of Earnings - TNMP - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Electric Operating Revenues $ 544,077 $ 444,118
Operating Expenses:    
Administrative and general 55,110 55,861
Depreciation and amortization 78,074 75,764
Transmission and distribution costs 22,196 18,466
Taxes other than income taxes 25,562 23,979
Total operating expenses 444,986 376,050
Operating income 99,091 68,068
Other Income and Deductions:    
Interest income 4,843 4,292
Other income 3,093 4,330
Other (deductions) (2,493) (2,241)
Net other income and deductions 11,885 (20,192)
Interest Charges 40,923 26,220
Earnings before Income Taxes 70,053 21,656
Income Taxes 9,780 2,438
Texas-New Mexico Power Company    
Electric Operating Revenues 113,912 105,409
Operating Expenses:    
Cost of energy 31,833 29,600
Administrative and general 14,014 12,013
Depreciation and amortization 27,440 23,642
Transmission and distribution costs 8,309 6,855
Taxes other than income taxes 10,529 9,057
Total operating expenses 92,125 81,167
Operating income 21,787 24,242
Other Income and Deductions:    
Interest income 114 1,182
Other income 511 1,052
Other (deductions) (375) (115)
Net other income and deductions 250 2,119
Interest Charges 10,425 9,150
Earnings before Income Taxes 11,612 17,211
Income Taxes 1,579 2,151
Net Earnings Attributable to PNM $ 10,033 $ 15,060