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Investor Presentaiton

NSPM | Consolidated Statements of Income Years Ended December 31 Amounts in Millions Operating revenues Electric, non-affiliates Electric, affiliates Natural gas Other Total operating revenues NSPM | Investor Fact Book October 2023 | Xcel Energy 2022 2021 2020 $5,103 514 $4,593 $4,131 501 440 1,022 623 493 45 39 37 6,684 5,756 5,101 Operating expenses Electric fuel and purchased power 2,416 2,042 1,626 Cost of natural gas sold and transported 741 385 263 Cost of sales - other 26 23 22 Operating and maintenance expenses 1,228 1,190 1,191 Conservation program expenses 163 144 119 Depreciation and amortization 1,014 926 825 Taxes (other than income taxes) 276 264 259 5,864 4,974 4,305 Total operating expenses Operating income 820 782 796 Other income (expense), net Allowance for funds used during construction - equity (7) 4 29 30 25 21 2 Interest charges and financing costs Interest charges - includes other financing costs of $8, $8 and $8, respectively Allowance for funds used during construction - debt 291 271 249 (12) (13) (11) Total interest charges and financing costs 279 258 238 Income before income taxes Income tax (benefit) expense Net income 563 558 585 $(112) $(48) $(6) $675 $606 $591 30
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