All players perform this phase simultaneously. First, all energy is converted into heat (move all resource cubes from the energy box to the heat box). Secondly, all players receive new resources:
Players get M€ according to their terraform rating (TR) plus any M€ production (which may be negative!), then the players also get any other resources they have production of according to the player board.
Place all generated resources in their corresponding boxes.Finally, remove player markers from used action cards, to mark that they may be used again next generation. Now you are ready to start the next generation.
Your M€ income is the sum of your M€ production and your TR.