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Condensed Consolidated Statements of Earnings - TNMP - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Electric Operating Revenues:        
Contracts with customers $ 531,966 $ 481,881 $ 1,320,779 $ 1,197,359
Alternative revenue programs (11,643) (9,483) (14,569) (3,156)
Total electric operating revenues 729,888 554,551 1,673,736 1,345,798
Operating Expenses:        
Administrative and general 58,125 56,520 165,328 168,458
Depreciation and amortization 76,570 71,438 229,103 212,039
Transmission and distribution costs 21,538 19,996 61,160 56,166
Taxes other than income taxes 22,651 22,678 71,207 65,440
Total operating expenses 547,125 402,822 1,336,513 1,076,700
Operating income 182,763 151,729 337,223 269,098
Other Income and Deductions:        
Investment Income, Interest 3,969 3,329 11,588 10,466
Other income 5,364 5,686 14,845 14,592
Other (deductions) (1,647) (5,098) (7,529) (13,836)
Net other income and deductions (8,050) 5,865 (65,200) 27,330
Interest Charges 34,526 23,244 89,963 73,247
Earnings before Income Taxes 140,187 134,350 182,060 223,181
Income Taxes (Benefits) 13,450 16,668 16,982 26,533
Texas-New Mexico Power Company        
Electric Operating Revenues:        
Contracts with customers 143,595 120,180 376,544 312,800
Alternative revenue programs (11,044) (1,152) (15,608) 2,313
Total electric operating revenues 132,551 119,028 360,936 315,113
Operating Expenses:        
Cost of energy 30,988 28,478 92,220 83,896
Administrative and general 12,548 11,708 35,746 34,960
Depreciation and amortization 24,960 23,031 72,914 67,696
Transmission and distribution costs 8,989 7,152 23,482 21,260
Taxes other than income taxes 11,229 9,817 30,495 26,730
Total operating expenses 88,714 80,186 254,857 234,542
Operating income 43,837 38,842 106,079 80,571
Other Income and Deductions:        
Investment Income, Interest 148 0 1,435 0
Other income 2,691 2,144 5,151 4,853
Other (deductions) (448) (1,000) (848) (1,602)
Net other income and deductions 2,391 1,144 5,738 3,251
Interest Charges 9,851 8,403 28,017 25,155
Earnings before Income Taxes 36,377 31,583 83,800 58,667
Income Taxes (Benefits) 4,946 3,642 11,258 6,341
Net Earnings Attributable to PNM $ 31,431 $ 27,941 $ 72,542 $ 52,326