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Condensed Consolidated Statements of Earnings - TNMP - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Electric Operating Revenues $ 502,420 $ 488,102 $ 985,212 $ 924,979
Operating Expenses:        
Administrative and general 75,991 59,581 136,760 115,008
Depreciation and amortization 105,235 94,413 209,786 187,600
Transmission and distribution costs 26,461 25,051 51,966 47,815
Taxes other than income taxes 28,329 24,084 54,679 50,018
Total operating expenses 429,719 382,419 840,622 738,706
Total operating expenses 72,701 105,683 144,590 186,273
Other Income and Deductions:        
Interest income 3,872 4,470 8,119 9,050
Other income 5,704 7,688 10,433 12,599
Other (deductions) (6,481) (1,636) (8,739) (18,158)
Net other income and deductions 26,651 11,080 32,128 22,047
Interest Charges 72,013 55,828 135,564 109,590
Earnings before Income Taxes 27,339 60,935 41,154 98,730
Income Taxes 1,326 8,971 2,344 (3,600)
Texas-New Mexico Power Company        
Electric Operating Revenues 164,048 154,431 313,460 283,193
Operating Expenses:        
Cost of energy 43,286 39,934 81,514 74,826
Administrative and general 14,994 13,705 27,035 27,374
Depreciation and amortization 34,926 31,033 70,139 61,415
Transmission and distribution costs 10,711 9,701 20,390 18,115
Taxes other than income taxes 11,444 10,743 22,948 21,410
Total operating expenses 115,361 105,116 222,026 203,140
Total operating expenses 48,687 49,315 91,434 80,053
Other Income and Deductions:        
Interest income 159 127 313 296
Other income 1,764 2,982 4,284 4,155
Other (deductions) (229) (277) (497) (574)
Net other income and deductions 1,694 2,832 4,100 3,877
Interest Charges 23,942 14,451 41,264 27,787
Earnings before Income Taxes 26,439 37,696 54,270 56,143
Income Taxes 5,471 7,771 11,019 11,635
Net Earnings Attributable to PNM $ 20,968 $ 29,925 $ 43,251 $ 44,508