PNM Resources, Inc. PNM Income Statement

Pnm resources, inc. (PNM)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Electric Operating Revenues:
Contracts with customers
322,983	327,920	418,673	314,917	315,698	317,707	400,023	338,659	303,351	304,639	392,607	326,586	297,191	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Alternative revenue programs
426	-	-	-	636	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other electric operating revenue
10,213	-	-	-	33,311	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total electric operating revenues
333,622	344,144	433,586	330,228	349,645	343,756	422,666	352,313	317,878	332,605	419,900	362,320	330,178	336,225	400,374	315,391	310,961	335,894	417,433	352,887	332,868	346,845	413,951	346,160	328,897	322,929	399,730	347,599	317,665	322,758	390,411	323,860	305,374	347,872	549,498	415,586	387,663	380,590	503,653	405,817	383,457	477,727	401,110
Non-affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	387,663	-	-	-	-	-	-
Affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	-	-	-
Operating Expenses:
Cost of energy
-	-	-	-	-	-	-	-	-	-	-	-	102,804	-	108,766	81,363	92,369	110,711	124,255	114,038	115,645	117,024	132,499	109,419	112,614	107,277	114,674	105,659	104,706	102,507	110,777	94,719	91,847	110,107	250,854	173,454	158,507	143,489	215,169	151,181	190,888	199,648	175,253
Administrative and general
46,032	46,445	47,613	42,833	52,336	46,863	49,969	43,355	48,283	45,283	44,130	42,984	45,394	45,563	46,942	45,160	47,109	48,938	46,375	39,928	43,859	39,827	42,190	45,235	43,859	44,465	46,915	43,139	44,691	52,368	45,283	45,289	44,800	60,759	69,755	68,795	58,465	68,158	71,193	62,420	62,785	67,774	61,550
Energy production costs
-	-	-	-	-	-	-	-	-	-	-	-	31,787	-	31,460	37,881	42,686	47,125	42,168	44,790	42,669	49,217	43,287	45,846	47,288	44,273	41,142	46,831	43,573	53,871	40,365	46,053	45,128	45,341	39,730	47,127	48,652	47,917	42,306	51,811	53,885	40,130	47,134
Regulatory disallowances and restructuring costs
0	496	0	149,254	1,345	65,449	-1,645	1,794	0	-	0	0	-	-2,214	16,451	0	774	165,727	0	1,529	215	1,062	0	0	0	-	1,735	-	-	-	0	-	-	-	0	21,402	-	-	0	0	-	-	27,286
Depreciation and amortization
68,973	68,037	68,350	66,065	65,356	60,823	61,580	60,063	58,722	59,113	58,821	57,625	56,383	55,309	53,017	50,955	49,829	46,906	47,503	46,049	45,461	44,211	44,295	42,163	41,965	41,692	42,743	41,639	40,807	41,885	42,820	41,054	38,414	37,932	42,370	38,272	38,473	38,069	38,980	37,376	37,279	38,050	36,946
Transmission and distribution costs
17,286	17,528	16,461	19,195	16,678	21,635	19,394	18,450	16,955	21,267	16,801	17,031	16,477	16,262	16,056	17,315	16,594	19,034	16,768	16,868	16,487	16,713	16,884	16,068	16,906	19,433	17,248	17,148	16,295	20,230	17,082	17,565	16,248	16,730	17,925	18,161	16,877	18,847	15,012	15,672	13,890	16,029	16,398
Taxes other than income taxes
21,265	18,727	21,009	19,809	20,509	19,578	20,492	19,723	19,880	18,870	19,808	18,777	19,235	18,723	19,611	17,895	20,092	16,591	18,859	17,271	18,963	15,942	17,997	16,133	17,512	14,757	17,534	15,316	16,889	15,161	15,934	14,074	15,208	13,068	20,580	15,515	14,469	14,283	15,585	13,683	14,187	14,560	11,665
Total operating expenses
285,884	283,592	293,046	423,843	312,922	361,160	294,676	272,984	271,746	307,529	275,278	275,077	272,080	265,901	292,303	250,569	269,453	455,032	295,928	280,473	283,299	283,996	297,152	274,864	280,144	282,397	281,991	269,732	266,961	286,022	272,261	258,754	251,645	283,937	441,214	382,726	335,443	330,763	398,245	332,143	372,914	376,191	376,232
Operating income
47,738	60,552	140,540	-93,615	36,723	-17,404	127,990	79,329	46,132	25,076	144,622	87,243	58,098	70,324	108,071	64,822	41,508	-119,138	121,505	72,414	49,569	62,849	116,799	71,296	48,753	40,532	117,739	77,867	50,704	36,736	118,150	65,106	53,729	63,935	108,284	32,860	52,220	49,827	105,408	73,674	10,543	101,536	24,878
Other Income and Deductions:
Interest income
3,423	3,534	3,440	3,460	3,588	3,677	3,400	4,339	4,124	3,568	3,582	3,885	4,881	3,873	4,604	10,194	3,622	1,656	1,151	1,941	1,750	2,242	2,084	2,040	2,117	2,312	2,264	2,833	2,634	3,264	3,130	3,386	3,292	3,505	3,748	4,234	4,028	4,287	4,499	5,083	5,027	6,902	11,223
Gains (losses) on investment securities
-32,849	9,290	1,686	4,599	14,014	-18,257	2,463	-1,670	288	9,431	5,406	5,663	6,661	4,137	4,531	4,631	6,218	3,944	2,536	5,556	4,024	2,293	962	4,699	2,573	3,677	2,188	3,217	1,530	3,590	5,716	-795	4,454	1,298	-4,109	5,894	5,902	2,261	2,206	-1,342	1,743	3,936	2,469
Other income
2,316	4,330	4,256	3,350	3,446	5,586	3,735	4,796	3,469	4,888	6,275	3,450	4,902	4,383	4,884	4,265	4,264	9,990	6,165	5,717	4,961	4,399	2,895	3,180	1,574	2,998	3,254	2,610	1,710	5,755	2,484	1,862	2,645	1,750	1,755	809	995	1,566	1,963	1,171	10,137	3,168	5,157
Equity in net earnings (loss) of Optim Energy
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,508	2,495	-3,858	-4,352	6,902	-7,353
Other (deductions)
3,473	5,347	3,612	3,117	3,252	5,828	2,624	5,868	1,376	6,875	6,709	5,042	5,621	9,656	3,764	4,105	2,999	2,137	3,222	3,707	3,662	3,297	2,084	2,169	2,931	8,038	5,970	4,194	3,350	6,918	3,451	2,716	4,551	13,077	4,685	3,881	3,072	3,798	3,848	3,173	1,841	2,325	2,272
Net other income and deductions
-30,583	11,807	5,770	8,292	17,796	-14,822	6,974	1,597	6,505	11,012	8,554	7,956	10,823	2,737	10,255	14,985	11,105	13,453	6,630	9,507	7,073	5,637	3,857	7,750	3,333	949	1,736	4,466	2,524	6,703	7,879	1,737	5,840	168,401	-3,291	7,056	7,853	-193,368	7,315	-2,119	10,714	18,583	9,224
Interest Charges
30,434	29,232	30,359	29,791	31,634	30,376	30,492	33,321	33,055	31,487	32,106	32,332	31,700	31,454	32,467	33,221	31,491	28,146	27,528	28,913	30,273	30,005	30,115	29,972	29,535	29,170	30,365	30,616	31,297	30,566	30,515	30,198	29,566	32,598	31,124	30,512	30,615	30,885	31,317	31,761	31,410	30,535	31,817
Earnings (Loss) before Income Taxes
-13,279	43,127	115,951	-115,114	22,885	-62,602	104,472	47,605	19,582	4,601	121,070	62,867	37,221	41,607	85,859	46,586	21,122	-133,831	100,607	53,008	26,369	38,481	90,541	49,074	22,551	12,311	89,110	51,717	21,931	12,873	95,514	36,645	30,003	199,738	73,869	9,404	29,458	-174,426	81,406	39,794	-10,153	89,584	2,285
Income Taxes (Benefits)
-1,880	7,138	9,188	-42,831	1,223	-11,063	12,899	5,156	783	55,186	42,743	21,636	10,775	13,184	27,303	15,634	7,157	-46,547	35,752	17,353	8,517	16,370	31,055	15,893	6,420	914	30,296	20,334	7,969	300	33,538	11,546	9,526	84,330	25,964	1,735	9,506	-69,621	28,813	13,492	-4,939	31,361	-1,134
Earnings (Loss) from Continuing Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58,223	3,419
Earnings from Discontinued Operations, net of Income Taxes of $0, $0, and $36,687
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,362	-2,611
Net Earnings (Loss)
-11,399	35,989	106,763	-72,283	21,662	-51,539	91,573	42,449	18,799	-50,585	78,327	41,231	26,446	28,423	58,556	30,952	13,965	-87,284	64,855	35,655	17,852	22,111	59,486	33,181	16,131	11,397	58,814	31,383	13,962	12,573	61,976	25,099	20,477	115,408	47,905	7,669	19,952	-104,805	52,593	26,302	-5,214	56,861	808
(Earnings) Attributable to Valencia Non-controlling Interest
3,729	4,052	3,860	3,499	2,830	3,406	3,920	4,109	3,677	3,565	4,456	3,544	3,452	3,482	4,006	3,744	3,287	4,002	3,678	3,850	3,380	2,987	3,701	3,908	3,531	3,617	4,127	3,573	3,204	3,350	3,980	3,455	3,265	3,283	4,111	3,470	3,183	3,259	3,909	3,292	3,103	2,536	2,775
Preferred Stock Dividend Requirements of Subsidiary
132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Dividend Requirements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	132	132	132	-	132	132	132	660	132	-132	-132	924	-132	-132	-132	-132	-132
Net Earnings (Loss) Attributable to PNMR
-	-	-	-	-	-	-	-	-	-	-	-	22,862	-	54,418	27,076	10,546	-91,418	61,045	31,673	14,340	18,992	55,653	29,141	12,468	7,648	54,555	27,678	10,626	9,091	57,864	21,512	17,080	111,993	43,662	4,067	16,637	-108,196	48,552	22,878	-8,449	54,193	-2,099
Net Earnings (Loss) Available for PNM Common Stock
-15,260	31,805	102,771	-75,914	18,700	-55,077	87,521	38,208	14,990	-54,282	73,739	37,555	22,862	24,809	54,418	27,076	10,546	-91,418	61,045	31,673	14,340	18,992	55,653	29,141	12,468	-	54,555	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.59	-
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.59	-
Net Earnings (Loss) Attributable to PNMR per Common Share:
Basic (dollars per share)
-0.19	-	1.29	-0.95	0.23	-	1.10	0.48	0.19	-	0.92	0.47	0.29	-	0.68	0.34	0.13	-	0.77	0.40	0.18	-	0.70	0.37	0.16	-	0.68	0.35	0.13	-	0.73	0.27	0.21	-	0.48	0.04	0.18	-	0.53	0.25	-0.09	0.61	0.01
Diluted (dollars per share)
-0.19	-	1.28	-0.95	0.23	-	1.09	0.48	0.19	-	0.92	0.47	0.29	-	0.68	0.34	0.13	-	0.76	0.40	0.18	-	0.69	0.36	0.16	-	0.68	0.34	0.13	-	0.72	0.27	0.21	-	0.48	0.04	0.18	-	0.53	0.25	-0.09	0.60	0.01
Dividends Declared per Common Share (dollars per share)
0.30	-	0.29	0.29	0.29	-	0.26	0.26	0.26	-	0.24	0.24	0.24	-	0.22	0.22	0.22	-	0.20	0.20	0.20	-	0.18	0.18	0.18	-	0.16	0.16	0.16	-	0.14	0.14	0.14	-	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12
PNM
Contracts with customers
235,759	235,103	311,793	228,061	235,941	235,980	306,019	254,728	222,564	223,393	300,604	246,402	222,063	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Alternative revenue programs
2,161	-	-	-	66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other electric operating revenue
10,213	-	-	-	33,311	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total electric operating revenues
248,133	255,172	331,113	238,219	269,318	259,848	331,374	264,511	236,232	249,321	327,254	276,097	251,558	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Administrative and general
41,668	40,796	44,468	40,237	47,402	43,607	44,923	40,922	43,726	43,297	39,888	39,798	40,909	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of energy
-	-	-	-	-	-	-	-	-	-	-	-	81,317	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Regulatory disallowances and restructuring costs
0	0	0	149,254	1,345	66,190	-1,645	1,794	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy production costs
-	-	-	-	-	-	-	-	-	-	-	-	31,787	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
41,449	40,788	40,545	39,811	39,224	38,552	38,474	38,213	36,627	37,789	36,764	36,448	36,016	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transmission and distribution costs
10,915	9,641	10,858	11,838	10,633	13,627	12,408	10,993	9,827	12,069	10,207	10,175	9,919	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes other than income taxes
12,354	11,352	10,997	11,285	12,010	11,148	10,964	11,461	11,608	10,871	10,668	11,029	11,141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
214,528	210,873	222,660	354,196	245,025	298,502	228,858	211,632	207,940	245,403	211,864	214,795	211,089	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
33,605	44,299	108,453	-115,977	24,293	-38,654	102,516	52,879	28,292	3,918	115,390	61,302	40,469	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
3,496	3,602	3,515	3,530	3,656	3,749	3,472	3,381	2,487	1,998	1,782	1,858	2,816	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains (losses) on investment securities
-32,849	9,290	1,686	4,599	14,014	-18,257	2,463	-1,670	288	9,431	5,406	5,663	6,661	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
1,509	2,566	2,095	1,920	2,632	4,172	2,137	2,292	2,391	3,257	3,762	2,665	3,843	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (deductions)
2,687	4,174	3,011	2,340	2,288	3,813	2,085	3,768	1,462	4,067	4,964	4,566	4,959	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net other income and deductions
-30,531	11,284	4,285	7,709	18,014	-14,149	5,987	235	3,704	10,619	5,986	5,620	8,361	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Charges
17,629	17,522	18,492	18,526	18,360	17,577	18,063	19,988	20,830	20,303	20,451	20,931	21,012	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (Loss) before Income Taxes
-14,555	38,061	94,246	-126,794	23,947	-70,380	90,440	33,126	11,166	-5,766	100,925	45,991	27,818	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes (Benefits)
-2,359	6,021	9,525	-43,481	1,973	-16,980	9,012	2,345	-348	22,690	35,642	15,515	7,708	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings (Loss)
-12,196	32,040	84,721	-83,313	21,974	-53,400	81,428	30,781	11,514	-28,456	65,283	30,476	20,110	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Earnings) Attributable to Valencia Non-controlling Interest
3,729	4,052	3,860	3,499	2,830	3,406	3,920	4,109	3,677	3,565	4,456	3,544	3,452	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Dividend Requirements of Subsidiary
132	132	132	132	132	132	132	132	132	132	132	132	132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings (Loss) Attributable to PNMR
-15,925	27,988	80,861	-86,812	19,144	-56,806	77,508	26,672	7,837	-32,021	60,827	26,932	16,658	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings (Loss) Available for PNM Common Stock
-16,057	27,856	80,729	-86,944	19,012	-56,938	77,376	26,540	7,705	-32,153	60,695	26,800	16,526	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Texas-New Mexico Power Company
Contracts with customers
87,224	92,817	106,880	86,856	79,757	81,727	94,004	83,931	80,787	81,246	92,003	80,184	75,128	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Alternative revenue programs
-1,735	-	-	-	570	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other electric operating revenue
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total electric operating revenues
85,489	88,972	102,473	92,009	80,327	83,908	91,292	87,802	81,646	83,284	92,646	86,223	78,620	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Administrative and general
10,773	10,457	9,418	9,097	11,558	9,300	9,781	8,852	10,709	9,425	10,765	9,235	10,403	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of energy
-	-	-	-	-	-	-	-	-	-	-	-	21,487	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
21,836	21,538	22,005	20,502	20,214	16,513	17,176	16,113	16,387	15,754	16,424	15,597	15,371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transmission and distribution costs
6,371	7,887	5,603	7,357	6,045	8,008	6,986	7,457	7,128	9,198	6,594	6,856	6,558	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes other than income taxes
7,978	6,476	9,030	7,559	7,638	6,082	8,373	7,201	7,136	7,409	8,008	6,934	6,836	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
71,144	70,917	69,877	69,431	67,742	60,596	63,468	60,973	63,114	63,405	63,172	59,937	60,655	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income
14,345	18,055	32,596	22,578	12,585	23,312	27,824	26,829	18,532	19,879	29,474	26,286	17,965	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
670	1,608	2,012	1,191	748	1,210	1,300	2,223	754	1,373	2,258	541	822	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (deductions)
109	559	246	460	163	213	149	1,391	-331	214	1,030	109	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net other income and deductions
561	1,049	1,766	731	585	997	1,151	832	1,085	1,159	1,228	432	732	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Charges
7,172	6,693	7,047	6,560	8,800	8,320	8,241	7,801	7,729	7,466	7,704	7,510	7,404	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (Loss) before Income Taxes
7,734	12,411	27,315	16,749	4,370	15,989	20,734	19,860	11,888	13,572	22,998	19,208	11,293	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Taxes (Benefits)
642	1,064	2,228	1,482	272	5,278	4,634	4,493	2,475	12,548	8,271	7,004	3,689	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings (Loss)
7,092	11,347	25,087	15,267	4,098	10,711	16,100	15,367	9,413	1,024	14,727	12,204	7,604	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Earnings) Attributable to Valencia Non-controlling Interest
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Dividend Requirements of Subsidiary
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings (Loss) Attributable to PNMR
7,092	11,347	25,087	15,267	4,098	10,711	16,100	15,367	9,413	1,024	14,727	12,204	7,604	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings (Loss) Available for PNM Common Stock
7,092	11,347	25,087	15,267	4,098	10,711	16,100	15,367	9,413	1,024	14,727	12,204	7,604	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Dividends, Per Share, Declared
-	-	-	-	-	-	-	-	-	-	0.24	0.24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Alternative revenue programs
Operating revenues
-	-	-6,779	5,844	-	-	-8,050	5,660	924	-	-1,908	8,920	4,579	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Electric [Member]
Operating revenues
-	-	21,692	9,467	-	-	30,693	7,994	13,603	-	29,201	26,814	28,408	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of energy
Total electric operating revenues
333,622	344,144	433,586	330,228	349,645	343,756	422,666	352,313	317,878	-	419,900	362,320	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy costs
98,710	98,668	108,736	83,782	121,626	105,923	113,536	87,711	92,556	-	103,748	104,267	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Energy production costs
Energy costs
33,618	33,691	30,877	42,905	35,072	40,889	31,350	41,888	35,350	-	31,970	34,393	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	58,821	57,625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-