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Investor Presentaiton

Investor Fact Book October 2023 | Xcel Energy Total operating revenues Xcel Energy Inc. | Consolidated Statements of Income Years Ended December 31 Amounts in Millions, Except Per Share Data Operating revenues Electric Natural gas Other Operating expenses 2022 2021 2020 $12,123 3,080 $11,205 2,132 $9,802 1,636 107 94 88 15,310 13,431 11,526 Electric fuel and purchased power 5,005 4,733 3,512 Cost of natural gas sold and transported 1,910 1,081 689 Cost of sales - other 44 38 37 Operating and maintenance expenses 2,491 2,321 2,324 Conservation and demand side management expenses 331 304 288 Depreciation and amortization 2,413 2,121 1,948 Taxes (other than income taxes) 688 630 612 Total operating expenses 12,882 11,228 9,410 Operating income 2,428 2,203 2,116 Other income (expense), net (13) 5 (6) Earnings from equity method investments 36 62 40 Allowance for funds used during construction - equity 75 73 115 Interest charges and financing costs Interest charges - includes other financing costs of $31, $29, and $28, respectively 953 842 840 Allowance for funds used during construction - debt (28) (26) (42) Total interest charges and financing costs 925 816 798 Income before income taxes Income tax (benefit) expense Net income Weighted average common shares outstanding: Basic Diluted Earnings per average common share: Basic Diluted 1,601 1,527 1,467 (135) (70) (6) $1,736 $1,597 $1,473 547 539 527 547 540 528 $3.18 $2.96 $2.79 3.17 2.96 2.79 16
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