El paso electric co /tx/ (EE)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities:
Net income (loss)

-35,209

12,942

77,880

26,126

6,089

-15,285

73,271

33,295

-6,966

6,500

59,684

36,066

-3,989

5,656

74,636

22,284

-5,808

648

56,740

21,072

3,458

4,241

52,476

30,096

4,615

1,191

50,565

29,193

7,634

4,819

51,789

30,894

3,344

5,453

58,321

32,990

6,775

7,465

60,182

21,507

11,449

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Utilities Operating Expense, Depreciation and Amortization

26,466

26,022

25,704

25,220

25,126

24,441

24,169

23,958

23,814

23,849

22,565

22,495

21,934

21,220

15,952

23,852

23,293

22,744

22,380

23,135

21,565

21,006

20,685

21,083

20,568

20,280

20,416

19,562

19,368

19,227

19,208

19,603

20,518

20,556

20,315

19,524

20,936

20,875

20,685

20,167

19,284

Amortization of Nuclear Fuel

10,739

10,100

10,741

9,486

10,706

8,354

10,252

9,166

10,404

9,982

11,394

9,822

11,278

10,660

11,131

10,157

11,800

10,235

11,485

9,987

11,392

9,922

12,065

10,401

11,476

8,916

11,724

10,387

11,510

9,675

11,471

11,510

10,297

9,014

10,046

8,715

9,243

8,439

9,119

6,773

6,985

Deferred income taxes, net

-10,718

2,072

17,415

6,420

1,236

4,749

20,165

8,168

-3,964

1,937

32,118

18,548

-3,209

2,053

41,762

10,327

-3,632

-1,244

23,301

2,534

6,255

3,139

20,849

14,380

761

-801

28,591

13,785

3,103

-257

25,188

14,656

3,974

-650

33,691

356

12,291

10,368

2,882

3,147

11,059

Allowance for equity funds used during construction

586

549

481

514

1,001

991

824

718

920

816

668

726

815

1,156

1,398

2,133

2,336

2,222

1,874

2,268

4,275

4,447

3,848

3,461

2,906

2,543

2,287

2,515

2,663

2,838

2,419

2,214

1,956

1,720

1,379

2,011

3,051

3,171

2,398

2,707

2,540

Other amortization and accretion

4,937

4,901

5,066

3,138

5,173

5,403

5,077

5,110

5,240

4,020

4,943

5,003

4,988

5,193

3,387

4,465

4,250

4,434

4,385

4,389

4,499

3,910

5,325

5,004

4,141

4,211

4,087

4,177

4,081

3,820

4,100

4,044

2,760

4,104

3,999

4,367

7,405

3,783

5,697

3,219

4,041

Gain on sale of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

545

71

587

0

0

0

9

584

1,499

112

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net losses (gains) on decommissioning trust funds

-33,164

13,087

4,212

5,226

15,989

-22,650

9,090

3,102

-2,509

1,504

1,765

5,166

2,191

2,070

2,072

2,110

1,388

3,227

4,324

-182

3,745

3,559

824

102

2,865

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating activities

-163

1,389

-463

-431

349

-69

20

-70

81

70

-121

-476

-165

408

150

597

124

130

630

-111

-132

-145

-12

118

-54

-224

397

266

-179

957

155

-1,340

403

178

-1,430

84

132

393

444

352

-308

Change in:
Accounts receivable

-9,021

-34,796

17,361

25,888

-8,352

-39,670

10,442

31,579

-8,063

-39,160

6,614

41,347

-8,663

-28,860

7,254

47,413

-8,296

-37,995

12,374

26,610

-5,828

-41,516

13,746

40,185

-6,600

-32,647

-8,529

39,981

3,645

-35,555

2,910

30,682

-11,485

-39,047

7,938

37,648

-1,876

-41,358

16,486

22,497

3,678

Inventories

-1,718

2,099

-218

1,521

2,110

2,637

3,386

-488

-1,418

85

197

1,153

1,638

-281

1,331

-13

-1,302

-367

413

1,623

1,190

-214

900

625

-525

-1,099

2,725

827

1,220

-474

1,313

87

1,000

383

626

853

1,888

-1,149

1,154

-195

-953

Prepayments and other

4,403

-10,393

-4,335

10,106

5,519

-1,297

-2,476

5,589

2,603

-4,428

-1,174

3,800

2,494

-3,283

-1,806

3,298

2,975

-1,417

-2,075

4,785

2,691

-1,631

-2,310

3,723

2,968

-1,176

-2,551

4,503

3,519

-659

-2,013

3,617

1,839

-2,180

-995

3,410

2,303

-1,452

-270

2,677

-411

Accounts payable

-22,071

3,328

2,601

9,775

-11,021

-7,153

11,325

16,919

-23,324

882

1,787

12,504

-13,766

-9,134

16,339

12,482

-21,827

3,162

1,131

8,702

-24,230

6,127

1,574

10,941

-8,958

11,909

-6,462

21,318

-18,585

8,482

-2,009

7,842

-12,590

-5,099

4,566

11,503

-6,569

2,099

4,147

-520

-15,360

Taxes accrued

-12,110

1,510

16,251

2,261

-8,827

-13,119

12,092

3,092

-7,552

-4,699

10,553

829

-4,843

-2,615

9,997

-310

-5,127

-4,235

11,737

5,835

-8,825

-

-

-

-379

-

-

-

-866

-3,591

7,198

477

-7,138

-1,350

6,939

14,589

-8,263

-15,455

30,758

5,957

-2,737

Interest accrued

4,724

-4,652

5,421

-6,022

2,971

-4,483

8,212

-6,311

6,590

-6,558

5,655

-6,011

6,097

-6,062

6,082

-6,085

6,703

-

3,971

-4,007

4,114

-

-

-

-

-

-

-

-

-

-

-

-

-

1,069

-1,066

1,075

-

2,345

-2,332

2,325

Increase (Decrease) in Deferred Fuel Costs

6,174

-4,041

7,373

2,099

-12,799

-1,142

-2,696

6,981

-7,965

-3,205

-11,221

5,863

-8,530

3,125

9,776

6,094

-4,104

-2,410

-101

4,854

-15,687

1,888

-12,136

15,380

-2,011

2,481

-578

12,784

-3,844

2,326

1,600

-3,657

-11,937

-3,607

3,781

24,634

1,193

-2,280

1,742

-6,420

6,000

Other current liabilities

2,694

-720

-2,913

1,097

1,599

104

-1,089

3,577

6,697

38

-3,668

2,882

648

166

-12,407

12,790

835

1,714

-664

3,579

-910

145

625

-1,245

1,673

-6,452

6,510

-1,104

2,004

-3,121

2,420

-988

1,767

-983

133

-1,459

47

-279

2,061

-1,580

925

Deferred charges and credits

3,513

6,247

7,543

-7,582

3,513

154

2,769

-1,232

-1,216

14,494

2,694

-1,748

-2,896

752

-22,717

2,766

3,134

-62

1,159

1,456

612

1,133

935

1,202

1,537

-3,518

-2,806

-6,346

13,492

-1,115

2,201

-606

6,301

-12

-1,624

-6,344

13,891

1,886

1,469

1,434

1,274

Cash Flows From Investing Activities:
Net cash provided by operating activities

-1,484

84,140

133,424

31,160

26,420

63,919

147,051

48,191

26,236

69,815

150,755

41,859

26,132

54,370

136,087

26,758

13,935

70,241

116,055

33,923

26,452

68,703

117,666

25,659

31,312

62,564

133,524

43,654

7,733

71,309

109,903

57,041

34,855

72,642

129,294

27,223

22,358

75,746

104,079

33,990

25,535

Cash flows from investing activities:
Cash additions to utility property, plant and equipment

50,897

62,211

47,603

59,961

52,428

68,588

54,084

50,425

66,924

51,460

40,323

54,246

53,867

60,892

66,045

50,110

52,675

69,942

64,476

73,175

73,865

87,805

83,274

57,744

48,255

72,108

55,024

54,873

55,406

57,811

44,647

51,765

48,164

48,390

42,701

41,562

45,388

45,127

34,236

43,458

47,145

Cash additions to nuclear fuel

12,590

17,576

2,460

7,262

9,502

9,585

9,839

9,673

9,257

6,863

10,971

9,774

10,873

12,454

9,451

9,258

11,220

11,483

8,059

12,241

10,183

9,105

11,082

5,868

11,822

10,640

3,016

6,991

9,888

4,262

3,592

5,430

32,725

5,626

9,785

9,912

14,228

388

6,908

11,242

15,739

Proceeds from insurance

4,591

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance proceeds received for equipment

-

-

-

-

-

0

0

1,176

4,175

1,522

6,344

983

742

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized interest and AFUDC:
Utility property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,508

3,994

-

3,227

3,659

6,896

6,974

6,038

5,428

4,590

4,078

3,666

4,033

4,286

4,517

3,850

3,524

3,109

2,731

2,187

3,191

4,900

5,191

3,948

4,241

4,107

Utility property, plant and equipment

-1,471

-1,544

-1,467

-1,576

-1,973

-2,052

-1,705

-1,490

-1,818

-1,618

-7,425

1,437

1,606

-22,037

5,562

2,133

2,336

-25,993

1,874

2,268

4,275

4,447

3,848

3,461

2,906

2,543

2,287

2,515

2,663

2,838

2,419

2,214

1,956

1,720

1,379

2,011

3,051

3,171

2,398

2,707

2,540

Nuclear fuel and other

1,378

1,305

1,435

1,457

1,532

1,416

1,488

1,365

1,214

1,191

1,193

1,344

1,294

1,252

1,243

1,253

1,242

1,210

1,208

1,261

1,289

1,295

1,270

1,281

1,246

1,388

1,302

1,307

1,302

1,320

1,324

1,299

1,369

1,313

1,318

1,290

1,256

1,205

796

258

228

Allowance for equity funds used during construction

586

-

-

-

1,001

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity

-

-

-

-

-

-

-

718

920

-

668

726

815

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Decommissioning trust funds:
Purchases, including funding of $0.5 million and $0.5 million, respectively

3,073

15,838

307,319

16,645

37,613

11,928

26,542

14,318

33,578

22,135

14,825

37,478

28,482

33,034

21,526

18,393

26,544

40,207

28,987

14,068

26,961

63,332

13,419

9,682

31,242

29,078

9,499

13,536

13,378

26,835

16,859

42,025

21,986

18,127

34,673

25,175

17,466

17,985

15,398

17,455

22,354

Sales and maturities

1,406

14,668

305,449

15,092

35,468

10,576

25,223

13,270

31,663

20,539

13,967

36,476

26,055

31,103

19,453

16,634

24,078

38,791

26,618

12,516

24,642

60,956

10,981

7,547

28,827

26,729

7,057

11,455

10,907

24,447

14,582

39,934

19,579

15,085

31,435

22,175

14,231

14,720

12,731

14,701

19,504

Proceeds from sale of property, plant, and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

1,590

2,655

0

596

77

644

0

0

0

18

698

1,679

112

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other investing activities

-829

3,658

-592

-1,381

724

-547

-1,505

-1,608

-526

1,355

-724

692

236

-1,990

-612

-3,521

750

-157

709

-312

230

246

-2,788

-1,275

-375

-911

-1,437

-134

-3,285

891

-546

-338

-640

-220

-319

-141

-47

-230

-923

489

378

Net cash used for investing activities

-61,997

-86,547

-53,762

-69,914

-67,303

-81,168

-66,106

-60,499

-75,507

-61,464

-46,948

-66,786

-68,746

-69,407

-76,676

-60,234

-69,415

-85,389

-77,530

-89,308

-90,507

-103,354

-97,448

-67,022

-63,368

-86,997

-61,726

-66,636

-67,405

-68,351

-50,968

-61,557

-85,178

-57,291

-57,402

-56,803

-65,909

-51,775

-45,234

-59,735

-67,907

Cash flows from financing activities:
Repurchases of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,725

38,463

9,645

16,675

3,509

20,229

5,899

4,089

Dividends paid

15,696

15,683

15,683

15,694

14,658

14,641

14,641

14,642

13,615

13,590

13,590

13,592

12,565

12,582

12,547

12,546

11,928

11,921

11,918

11,917

11,303

11,295

11,292

11,293

10,676

10,670

10,665

10,664

10,050

10,028

10,027

10,025

8,809

8,808

9,167

9,248

0

-

-

-

-

Borrowings under the revolving credit facility:
Proceeds

202,095

135,838

62,153

153,134

215,196

63,187

85,148

226,889

192,670

106,126

239,928

164,065

128,339

85,630

97,852

74,470

97,655

77,619

99,676

96,251

70,852

45,184

43,264

91,388

51,563

10,716

5,681

15,900

12,586

30,202

82,409

37,580

84,384

31,727

22,953

48,992

16,778

-182

12,718

9,120

15,972

Payments

75,115

121,863

123,100

195,312

61,452

33,342

146,231

379,511

133,136

100,494

250,911

119,359

75,735

59,248

144,274

59,906

152,343

54,574

109,055

26,524

27,039

120,180

51,508

39,567

19,964

11,855

16,509

14,620

9,702

69,589

131,627

19,390

25,193

16,141

44,802

22,301

8,531

9,214

121,444

4,406

4,858

Pollution control bonds:
Payment on repurchase of pollution control bonds

0

0

0

37,100

63,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

157,052

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

-1,242

-664

-315

-944

-653

-1,020

-1,179

-1,079

-1,064

-463

-149

-78

-679

-387

-5

-247

-1,793

-400

-19

-35

-985

-1,432

32

139

-1,067

-114

-3

337

-544

-832

-1,110

321

-2,153

60

225

-17

-300

1,170

-2,352

-25

-78

Net cash provided by financing activities

110,042

-2,372

-76,945

4,684

74,933

14,184

-76,903

21,657

44,855

-8,421

-108,022

31,036

39,360

13,413

-58,974

1,771

88,643

10,724

-36,316

57,775

31,525

61,745

-19,504

40,667

19,856

-11,923

-21,496

-9,047

-7,710

99,435

-60,355

8,486

48,229

-14,887

-69,254

7,781

-8,728

-11,735

-21,307

-1,210

6,947

Net increase in cash, cash equivalents and restricted cash

46,561

-4,779

2,717

-34,070

34,050

-3,065

4,042

9,349

-4,416

-70

-4,215

6,109

-3,254

-1,624

437

-31,705

33,163

-4,424

2,209

2,390

-32,530

27,094

714

-696

-12,200

-36,356

50,302

-32,029

-67,382

102,393

-1,420

3,970

-2,094

464

2,638

-21,799

-52,279

12,236

37,538

-26,955

-35,425

7.25% 2009 Series A Refunding Bonds, due 2040
Payment on repurchase of pollution control bonds

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