PNMXO Financials 07/15/2014 20:56:22 Public Servi
Post# of 3
Public Service Company of New Mexico
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 1,116,312 1,092,264 1,057,289 1,017,128
Cost of Revenue 596,465 585,091 588,807 591,246
Gross Profit 519,847 507,173 468,482 425,882
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 206,836 204,000 212,252 185,479
Non-Recurring Items - - - -
Other 103,826 97,291 94,787 92,281
Operating Income 209,185 205,882 161,443 148,122
Income From Continuing Operations
Add'l Income/Expense Items 21,470 26,533 19,871 31,566
Earnings Before Interest and Tax 230,655 232,415 181,314 179,688
Interest Expense 79,175 76,101 75,349 72,400
Earnings Before Tax 151,480 156,314 105,965 107,288
Income Tax 48,804 50,713 37,427 36,427
Minority Interest 14,521 14,050 14,047 13,563
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 88,155 91,551 54,491 57,298
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 88,155 91,551 54,491 57,298
Preferred Stock and Other Adjustments (528) (528) (528) (528)
Net Income Applicable to Common Shareholders 87,627 91,023 53,963 56,770