Attached files

file filename
8-K - XCEL ENERGY 8-K 9-12-2011 - XCEL ENERGY INCform8k.htm
EX-4.01 - EXHIBIT 4.01 - XCEL ENERGY INCex4_01.htm
EX-5.01 - EXHIBIT 5.01 - XCEL ENERGY INCex5_01.htm

Exhibit 12.01

XCEL ENERGY INC. AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands of dollars)

   
Six Months
Ended
                               
   
June 30,
   
Year Ended Dec. 31,
 
   
2011
   
2010
   
2009
   
2008
   
2007
   
2006
 
Earnings as defined:
                                   
Pretax income from continuing operations
  $ 558,672     $ 1,188,591     $ 1,056,838     $ 984,406     $ 870,383     $ 750,092  
Add: Fixed charges
    358,889       708,529       705,740       654,080       722,561       622,554  
Add: Dividends from unconsolidated subsidiaries
    16,931       32,538       29,059       -       -       -  
Deduct: Equity earnings of unconsolidated subsidiaries
    15,390       29,948       24,664       3,571       1,900       2,775  
Earnings as defined
  $ 919,102     $ 1,899,710     $ 1,766,973     $ 1,634,915     $ 1,591,044     $ 1,369,871  
                                                 
Fixed charges:
                                               
Interest charges
  $ 290,692     $ 577,291     $ 561,654     $ 552,919     $ 563,438     $ 486,967  
Interest charges on life insurance policy borrowings
    147       372       324       248       105,396       117,536  
Interest component of leases
    68,050       130,866       143,762       100,913       53,727       18,051  
Total fixed charges
  $ 358,889     $ 708,529     $ 705,740     $ 654,080     $ 722,561     $ 622,554  
Ratio of earnings to fixed charges
    2.6       2.7       2.5       2.5       2.2       2.2