UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest events reported) January 14, 2003
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(December 31, 2002)
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PNM RESOURCES, INC.
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(Exact name of registrant as specified in its charter)
New Mexico 85-0468296
---------------------------- Commission ----------------------
(State or Other Jurisdiction File Number 333-32170 (I.R.S. Employer
of Incorporation) --------- Identification) Number)
Alvarado Square, Albuquerque, New Mexico 87158
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(Address of principal executive offices) (Zip Code)
(505) 241-2700
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(Registrant's telephone number, including area code)
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(Former name, former address and former fiscal year,
if changed since last report)
Item 9. Regulation FD Disclosure
The Company is filing in this Form 8-K select Comparative Operating Statistics
for the months of December 2002 and 2001 and the twelve months ended December
31, 2002 and 2001 to provide investors with key monthly business indicators.
Readers of this Form 8-K should refer to the Management's Discussion and
Analysis of Financial Condition and Results of Operations in the Company's
annual and quarterly periodic reporting on Form 10-K and Form 10-Q,
respectively, for a discussion of actual results of operations and any
significant trends.
PNM Resources, Inc. and Subsidiaries
Comparative Operating Statistics
Month Ended Twelve Months Ended
December 31, December 31,
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2002 2001 2002 2001
--------- --------- --------- ----------
Electric Service:
Energy Sales - MWh (in thousands)
Retail 622 611 7,407 7,255
Wholesale
Firm Sales 57 78 581 617
Firm Surplus 9 48 263 846
Short Term / Uncommitted 684 814 8,606 11,114
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Total Wholesale Sales 750 940 9,450 12,577
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Total Energy Sales 1,372 1,551 16,857 19,832
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Weather:
Heating and Cooling Days - Albuquerque, NM
The heating degree day value (HDD) is the accumulation in degrees that the daily
mean temperature was below 65 degrees F. The cooling degree day value (CDD) is
the accumulation in degrees that the daily mean temperature was above 65 degrees
F.
HDD 874 881 3,946 3,872
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CDD 0 0 1,537 1,578
========== ======== ========== ==========
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PNM RESOURCES, INC.
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(Registrant)
Date: January 14, 2003 /s/ Robin Lumney
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Robin Lumney
Vice President, Controller
and Chief Accounting Officer
(Officer duly authorized to sign this report)
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