Investor Presentaiton
SPS | Statements of Income
Years Ended December 31
Amounts in Millions
Operating revenues
Operating expenses
Electric fuel and purchased power
Operating and maintenance expenses
Demand side management expenses
Depreciation and amortization
Taxes (other than income taxes)
Total operating expenses
Operating income
SPS | Investor Fact Book October 2023 | Xcel Energy
2022
$2,426
2021
$2,465
2020
$1,870
1,157
1,432
835
317
271
275
23
17
16
388
300
295
107
79
90
1,992
2,099
1,511
434
366
359
Other income (expense), net
Allowance for funds used during construction.
―
equity
3
14
I
(2)
33
Interest charges and financing costs
Interest charges - includes other financing costs of $4, $4 and $4, respectively
Allowance for funds used during construction - debt
143
(2)
Total interest charges and financing costs
141
112
ཎྜསེ"
114
119
(2)
(14)
105
Income before income taxes
296
259
285
Income tax (benefit) expense
Net income
$(53)
$(59)
$(10)
$349
$318
$295
60
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