Attached files

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10-K - 10-K - PUBLIC SERVICE CO OF COLORADOa09-35791_110k.htm
EX-31.02 - EX-31.02 - PUBLIC SERVICE CO OF COLORADOa09-35791_1ex31d02.htm
EX-32.01 - EX-32.01 - PUBLIC SERVICE CO OF COLORADOa09-35791_1ex32d01.htm
EX-99.01 - EX-99.01 - PUBLIC SERVICE CO OF COLORADOa09-35791_1ex99d01.htm
EX-23.01 - EX-23.01 - PUBLIC SERVICE CO OF COLORADOa09-35791_1ex23d01.htm
EX-31.01 - EX-31.01 - PUBLIC SERVICE CO OF COLORADOa09-35791_1ex31d01.htm

Exhibit 12.01

 

PUBLIC SERVICE CO. OF COLORADO AND SUBSIDIARIES

STATEMENT OF COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

(amounts in thousands of dollars)

 

 

 

Year Ended Dec. 31,

 

 

 

2009

 

2008

 

2007

 

2006

 

2005

 

Earnings as defined:

 

 

 

 

 

 

 

 

 

 

 

Pretax income from operations

 

$

493,725

 

$

506,424

 

$

431,251

 

$

323,159

 

$

281,657

 

Add: Fixed charges

 

224,041

 

199,739

 

311,377

 

264,672

 

263,516

 

Earnings as defined

 

$

717,766

 

$

706,163

 

$

742,628

 

$

587,831

 

$

545,173

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest charges

 

$

166,212

 

$

154,313

 

$

180,230

 

$

137,493

 

$

144,835

 

Interest charges on life insurance policy borrowings

 

324

 

248

 

105,396

 

117,536

 

107,610

 

Interest component of leases

 

57,505

 

45,178

 

25,751

 

9,643

 

11,071

 

Total fixed charges

 

$

224,041

 

$

199,739

 

$

311,377

 

$

264,672

 

$

263,516

 

Ratio of earnings to fixed charges

 

3.2

 

3.5

 

2.4

 

2.2

 

2.1