SOUTHWESTERN PUBLIC SERVICE CO - FORM 8-K - EX-12.01 - EXHIBIT 12.01 - June 12, 2012

Attached files

file filename
8-K - SOUTHWESTERN PUBLIC SERVICE COMPANY 8-K 6-12-2012 - SOUTHWESTERN PUBLIC SERVICE COform8k.htm
EX-5.01 - EXHIBIT 5.01 - SOUTHWESTERN PUBLIC SERVICE COex5_01.htm
EX-5.02 - EXHIBIT 5.02 - SOUTHWESTERN PUBLIC SERVICE COex5_02.htm
EX-5.03 - EXHIBIT 5.03 - SOUTHWESTERN PUBLIC SERVICE COex5_03.htm
EX-1.01 - EXHIBIT 1.01 - SOUTHWESTERN PUBLIC SERVICE COex1_01.htm
Exhibit 12.01
 
SOUTHWESTERN PUBLIC SERVICE COMPANY
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(Thousands of Dollars)
 
   
Three Months
 Ended March 31,
     Year Ended December 31  
 
  
2012
    
2011
    
2010
    
2009
    
2008
    
2007
  
Earnings, as defined:
  
 
    
 
    
 
    
 
    
 
    
 
  
Pretax income from operations
   $ 17,790     $ 145,034     $ 126,933     $ 108,245     $ 52,769     $ 55,596  
Add: Fixed charges
    25,417       100,901       100,518       114,684       74,525       57,247  
Total earnings, as defined
  $ 43,207     $ 245,935     $ 227,451     $ 222,929     $ 127,294     $ 112,843  
                                                 
Fixed charges, as defined:
                                                
Interest charges
  $ 16,706     $ 65,095     $ 63,912     $ 71,688     $ 61,090     $ 55,261  
Interest component of leases
    8,711       35,806       36,606       42,996       13,435       1,986  
Total fixed charges, as defined
  $ 25,417     $ 100,901     $ 100,518     $ 114,684     $ 74,525     $ 57,247  
Ratio of earnings to fixed charges
     1.7       2.4       2.3       1.9       1.7       2.0  
 
 

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