Attached files
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,
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2010
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2009
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2008
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2007
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2006
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Earnings as defined:
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Pretax income from operations
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$ | 628,901 | $ | 493,725 | $ | 506,424 | $ | 431,251 | $ | 323,159 | ||||||||||
Add: Fixed charges
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233,604 | 224,041 | 199,739 | 311,377 | 264,672 | |||||||||||||||
Earnings as defined
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$ | 862,505 | $ | 717,766 | $ | 706,163 | $ | 742,628 | $ | 587,831 | ||||||||||
Fixed charges:
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Interest charges
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$ | 171,945 | $ | 166,212 | $ | 154,313 | $ | 180,230 | $ | 137,493 | ||||||||||
Interest charges on life insurance policy borrowings
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372 | 324 | 248 | 105,396 | 117,536 | |||||||||||||||
Interest component of leases
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61,287 | 57,505 | 45,178 | 25,751 | 9,643 | |||||||||||||||
Total fixed charges
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$ | 233,604 | $ | 224,041 | $ | 199,739 | $ | 311,377 | $ | 264,672 | ||||||||||
Ratio of earnings to fixed charges
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3.7 | 3.2 | 3.5 | 2.4 | 2.2 |