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Statement of Net Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
OPERATING REVENUES:        
Natural gas transportation $ 106,145 $ 105,465 $ 218,166 $ 215,348
Natural gas storage 3,716 4,883 7,062 9,125
Other (10) 15 (31) (46)
Total operating revenues 109,851 110,363 225,197 224,427
OPERATING EXPENSES:        
General and administrative 13,096 14,056 25,795 26,776
Operation and maintenance 19,546 20,598 35,045 36,913
Depreciation and amortization 27,821 26,830 55,881 53,607
Regulatory debits 290 178 581 358
Taxes, other than income taxes 3,714 4,450 7,834 7,848
Regulatory charges resulting from tax rate changes 5,879 5,879 11,693 11,693
Other (income) expenses, net (3) (120) (5) 11
Total operating expenses 70,343 71,871 136,824 137,206
OPERATING INCOME 39,508 38,492 88,373 87,221
OTHER (INCOME) AND OTHER EXPENSES:        
Interest expense 7,509 7,290 14,960 14,474
Allowance for equity and borrowed funds used during construction (AFUDC) (322) (750) (620) (1,256)
Miscellaneous other (income) expenses, net (164) (1,138) (1,256) (2,074)
Total other (income) and other expenses 7,023 5,402 13,084 11,144
NET INCOME $ 32,485 $ 33,090 $ 75,289 $ 76,077