Table of Contents 50 See accompanying notes to financial statements. ASSETS (In thousands) December 31, 2019 2018 Utility plant: Electric plant in service $ 4,404,150 $ 4,181,409 Less accumulated depreciation and amortization (1,461,385 ) (1,391,266 ) Net plant in service 2,942,765 2,790,143 Construction work in progress 157,851 169,327 Nuclear fuel; includes fuel in process of $61,709 and $62,833, respectively 198,075 198,280 Less accumulated amortization (71,588 ) (72,703 ) Net nuclear fuel 126,487 125,577 Net utility plant 3,227,103 3,085,047 Current assets: Cash and cash equivalents 10,818 12,900 Accounts receivable, principally trade, net of allowance for doubtful accounts of $1,900 and $2,070, respectively 79,814 77,855 Inventories, at cost 60,872 55,432 Regulatory assets 9,939 6,972 Prepayments and other 11,203 20,375 Total current assets 172,646 173,534 Deferred charges and other assets: Decommissioning trust funds 325,998 276,905 Regulatory assets 70,805 74,848 Other 16,648 18,168 Total deferred charges and other assets 413,451 369,921 Total assets $ 3,813,200 $ 3,628,502 EL PASO ELECTRIC COMPANY BALANCE SHEETS