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Condensed Consolidated Statements of Earnings - TNMP - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Electric Operating Revenues $ 482,792 $ 436,877
Operating Expenses:    
Administrative and general 60,769 55,427
Depreciation and amortization 104,551 93,187
Transmission and distribution costs 25,505 22,764
Taxes other than income taxes 26,350 25,934
Total operating expenses 410,903 356,287
Total operating expenses 71,889 80,590
Other Income and Deductions:    
Interest income 4,247 4,580
Other income 4,729 4,911
Other (deductions) (2,258) (16,522)
Net other income and deductions 5,477 10,967
Interest Charges 63,551 53,762
Earnings before Income Taxes 13,815 37,795
Income Taxes (Benefits) 1,018 (12,571)
Texas-New Mexico Power Company    
Electric Operating Revenues 149,412 128,762
Operating Expenses:    
Cost of energy 38,228 34,892
Administrative and general 12,041 13,669
Depreciation and amortization 35,213 30,382
Transmission and distribution costs 9,679 8,414
Taxes other than income taxes 11,504 10,667
Total operating expenses 106,665 98,024
Total operating expenses 42,747 30,738
Other Income and Deductions:    
Interest income 154 169
Other income 2,520 1,173
Other (deductions) (268) (297)
Net other income and deductions 2,406 1,045
Interest Charges 17,322 13,336
Earnings before Income Taxes 27,831 18,447
Income Taxes (Benefits) 5,548 3,864
Net Earnings Attributable to PNM $ 22,283 $ 14,583