SOUTHWESTERN PUBLIC SERVICE CO - FORM 10-K - EX-12.01 - EXHIBIT 12.01 - February 28, 2011

Attached files

file filename
10-K - SOUTHWESTERN PUBLIC SERVICE CO 10K 12-31-2010 - SOUTHWESTERN PUBLIC SERVICE COform10k.htm
EX-23.01 - EXHIBIT 23.01 - SOUTHWESTERN PUBLIC SERVICE COex23_01.htm
EX-31.01 - EXHIBIT 31.01 - SOUTHWESTERN PUBLIC SERVICE COex31_01.htm
EX-32.01 - EXHIBIT 32.01 - SOUTHWESTERN PUBLIC SERVICE COex32_01.htm
EX-31.02 - EXHIBIT 31.02 - SOUTHWESTERN PUBLIC SERVICE COex31_02.htm
EX-99.01 - EXHIBIT 99.01 - SOUTHWESTERN PUBLIC SERVICE COex99_01.htm
Exhibit 12.01

SOUTHWESTERN PUBLIC SERVICE CO.
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands of dollars)

   
Year Ended Dec. 31,
  
   
2010
    
2009
    
2008
    
2007
    
2006
  
Earnings as defined:
                              
Pretax income from operations
   $ 126,933     $ 108,245     $ 52,769     $ 55,596     $ 76,040  
Add: Fixed charges
     100,518       114,684       74,525       57,247       56,849  
Earnings as defined
   $ 227,451     $ 222,929     $ 127,294     $ 112,843     $ 132,889  
                                         
Fixed charges:
                                        
Interest charges
   $ 63,912     $ 71,688     $ 61,090     $ 55,261     $ 55,739  
Interest component of leases
     36,606       42,996       13,435       1,986       1,110  
Total fixed charges
   $ 100,518     $ 114,684     $ 74,525     $ 57,247     $ 56,849  
Ratio of earnings to fixed charges
     2.3       1.9       1.7       2.0       2.3  
 
 

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