TUCSON ELECTRIC POWER CO

CIK 100122fmd_018SGV3VHEJ5T8KAN1ADWCES2HTransportation, Communications, Electric, Gas and Sanitary Services · Electric ServicesTemplate: Utilities

Coverage: Jan 01, 2012 to Sep 30, 2026, 56 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	1,235	1,341	1,433	1,418	1,425	1,593	1,808	1,875	1,805	1,689
Rental revenue	–	–	–	1	1	1	–	–	–	–
Fuel and purchased power	375	422	487	496	450	604	715	594	464	470
Cost of revenue	420	426	543	506	515	606	–	–	–	–
Operations and maintenance	354	360	362	378	352	397	405	445	447	449
Gross profit	815	915	889	913	910	987	–	–	–	–
Taxes other than income taxes	49	54	55	56	58	62	64	67	71	74
Total operating expenses	992	1,015	1,144	–	1,143	1,310	1,491	1,504	1,409	1,304
Operating income	243	326	288	283	282	282	317	371	396	384
Interest expense	66	65	68	89	88	87	85	95	105	120
Interest and investment income	0	0	–	–	–	–	–	–	–	–
Other non-operating income (expense)	(59)	(49)	(57)	(62)	(49)	(49)	(67)	(63)	(63)	(56)
Income before taxes	184	277	231	221	233	234	250	308	333	329
Income tax expense	59	101	43	34	41	32	32	49	44	45
Net income from continuing operations	124	177	188	187	191	201	217	259	289	283
Net income	–	–	–	–	–	–	–	259	289	283
Net income to common shareholders	124	177	188	187	191	201	217	259	289	–