XML 35 R16.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Statements of Earnings - TNMP - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Electric Operating Revenues $ 436,877 $ 544,077
Operating Expenses:    
Administrative and general 55,427 55,110
Depreciation and amortization 93,187 78,074
Transmission and distribution costs 22,764 22,196
Taxes other than income taxes 25,934 25,562
Total operating expenses 356,287 444,986
Operating income 80,590 99,091
Other Income and Deductions:    
Interest income 4,580 4,843
Other income 4,911 3,093
Other (deductions) (16,522) (2,493)
Net other income and deductions 10,967 11,885
Interest Charges 53,762 40,923
Earnings before Income Taxes 37,795 70,053
Income Taxes (12,571) 9,780
Texas-New Mexico Power Company    
Electric Operating Revenues 128,762 113,912
Operating Expenses:    
Cost of energy 34,892 31,833
Administrative and general 13,669 14,014
Depreciation and amortization 30,382 27,440
Transmission and distribution costs 8,414 8,309
Taxes other than income taxes 10,667 10,529
Total operating expenses 98,024 92,125
Operating income 30,738 21,787
Other Income and Deductions:    
Interest income 169 114
Other income 1,173 511
Other (deductions) (297) (375)
Net other income and deductions 1,045 250
Interest Charges 13,336 10,425
Earnings before Income Taxes 18,447 11,612
Income Taxes 3,864 1,579
Net Earnings Attributable to PNM $ 14,583 $ 10,033