NSTAR ELECTRIC CO - FORM 10-Q - EX-12.2 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDEND - August 9, 2011

Attached files

file filename
10-Q - FORM 10-Q - NSTAR ELECTRIC COd10q.htm
EX-99.1 - REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NSTAR ELECTRIC COdex991.htm
EX-32.1 - CERTIFICATION STATEMENT OF CHIEF EXECUTIVE OFFICER, SECTION 906 - NSTAR ELECTRIC COdex321.htm
EX-31.2 - CERTIFICATION STATEMENT OF CHIEF FINANCIAL OFFICER, SECTION 302 - NSTAR ELECTRIC COdex312.htm
EX-31.1 - CERTIFICATION STATEMENT OF CHIEF EXECUTIVE OFFICER. SECTION 302 - NSTAR ELECTRIC COdex311.htm
EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE TWELVE MONTHS ENDED - NSTAR ELECTRIC COdex121.htm
EX-32.2 - CERTIFICATION STATEMENT OF CHIEF FINANCIAL OFFICER, SECTION 906 - NSTAR ELECTRIC COdex322.htm
EX-15.1 - PRICEWATERHOUSECOOPERS LLP AWARENESS LETTER - NSTAR ELECTRIC COdex151.htm
EXCEL - IDEA: XBRL DOCUMENT - NSTAR ELECTRIC COFinancial_Report.xls

Exhibit 12.2

NSTAR Electric Company

Computation of Ratio of Earnings to Fixed Charges

and Preferred Stock Dividend Requirements

Twelve Months Ended June 30, 2011

(in thousands)

 

Net income from continuing operations (before preferred stock dividend)

    $ 246,709   

Less: equity income from investees

      924   

Plus: distributed income of equity investees

      1,020   

Income taxes

      160,078   

Fixed charges (including securitization certificates)

      76,785   
  

 

 

  

Total

    $ 483,668   
  

 

 

  

Interest expense

    $ 70,381   

Interest component of rentals (estimated as one-third of rental expense)

      6,404   
  

 

 

  

Subtotal

      76,785   

Preferred stock dividend requirements

      3,232   
  

 

 

  

Total

    $ 80,017   
  

 

 

  

Ratio of earnings to fixed charges and preferred stock dividend requirements

      6.04   
  

 

 

  

NSTAR ELECTRIC CO Reports

Also read