NSTAR ELECTRIC CO - FORM 10-K - EX-12.2 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDEND - February 7, 2012

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - NSTAR ELECTRIC COFinancial_Report.xls
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - NSTAR ELECTRIC COd269700dex231.htm
EX-32.2 - CERTIFICATION STATEMENT OF CFO OF NSTAR ELECTRIC PURSUANT TO SECTION 906 - NSTAR ELECTRIC COd269700dex322.htm
EX-31.1 - CERTIFICATION STATEMENT OF CEO OF NSTAR ELECTRIC PURSUANT TO SECTION 302 - NSTAR ELECTRIC COd269700dex311.htm
EX-31.2 - CERTIFICATION STATEMENT OF CFO OF NSTAR ELECTRIC PURSUANT TO SECTION 302 - NSTAR ELECTRIC COd269700dex312.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - NSTAR ELECTRIC COd269700dex211.htm
EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - NSTAR ELECTRIC COd269700dex121.htm
EX-32.1 - CERTIFICATION STATEMENT OF CEO OF NSTAR ELECTRIC PURSUANT TO SECTION 906 - NSTAR ELECTRIC COd269700dex321.htm
10-K - FORM 10-K - NSTAR ELECTRIC COd269700d10k.htm
EX-3.2 - NSTAR ELECTRIC COMPANY BYLAWS - NSTAR ELECTRIC COd269700dex32.htm

Exhibit 12.2

NSTAR Electric Company

Computation of Ratio of Earnings to Fixed Charges

and Preferred Stock Dividend Requirements

Year Ended December 31, 2011

(in thousands)

 

Net income from continuing operations (before preferred stock dividend)

    $ 252,494   

Less: equity income from investees

      501   

Plus: distributed income of equity investees

      676   

Income taxes

      165,686   

Fixed charges (including securitization certificates)

      76,176   
  

 

 

  

Total

    $ 494,531   
  

 

 

  

Interest expense

    $ 69,569   

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

      6,607   
  

 

 

  

Subtotal

      76,176   

Preferred stock dividend requirements

      3,246   
  

 

 

  

Total

    $ 79,422   
  

 

 

  

Ratio of earnings to fixed charges and preferred stock dividend requirements

      6.23   
  

 

 

  

NSTAR ELECTRIC CO Reports