Attached files

file filename
10-Q - FORM 10-Q - NSTAR ELECTRIC COf2q12edgar.htm
EX-10.1 - EXHIBIT 10.1 - NSTAR ELECTRIC COexh101.htm
EX-31 - EXHIBIT 31 NU - NSTAR ELECTRIC COexh31nu.htm
EX-12 - EXHIBIT 12 NU - NSTAR ELECTRIC COexh12nu.htm
EX-32 - EXHIBIT 32 NU - NSTAR ELECTRIC COexh32nu.htm
EX-12 - EXHIBIT 12 CL&P - NSTAR ELECTRIC COexh12clp.htm
EX-31.1 - EXHIBIT 31.1 NU - NSTAR ELECTRIC COexh311nu.htm
EX-31 - EXHIBIT 31 CL&P - NSTAR ELECTRIC COexh31clp.htm
EX-32 - EXHIBIT 32 PSNH - NSTAR ELECTRIC COexh32psnh.htm
EX-12 - EXHIBIT 12 PSNH - NSTAR ELECTRIC COexh12psnh.htm
EX-31 - EXHIBIT 31 PSNH - NSTAR ELECTRIC COexh31psnh.htm
EX-32 - EXHIBIT 32 WMECO - NSTAR ELECTRIC COexh32wmeco.htm
EX-12 - EXHIBIT 12 WMECO - NSTAR ELECTRIC COexh12wmeco.htm
EX-31 - EXHIBIT 31 NSTAR - NSTAR ELECTRIC COexh31nstar.htm
EX-32 - EXHIBIT 32 CL&P - NSTAR ELECTRIC COexhibit32clp.htm
EX-31.1 - EXHIBIT 31.1 CL&P - NSTAR ELECTRIC COexhibit311clp.htm
EX-31 - EXHIBIT 31 WMECO - NSTAR ELECTRIC COexhibit31wmeco.htm
EX-32 - EXHIBIT 32 NSTAR - NSTAR ELECTRIC COexhibit32nstar.htm
EX-31.1 - EXHIBIT 3.1.1 PSNH - NSTAR ELECTRIC COexhibit311psnh.htm
EX-31.1 - EXHIBIT 31.1 WMECO - NSTAR ELECTRIC COexhibit311wmeco.htm
EX-31.1 - EXHIBIT 31.1 NSTAR - NSTAR ELECTRIC COexhibit311nstar.htm






NSTAR Electric Company

 

Exhibit 12

 

Ratio of Earnings to Fixed Charges

 

 

 

(Unaudited)

 

 

 

 

 

 

 

(Thousands of Dollars)

 

Six Months

 

 

 

Ended

 

 

 

June 30, 2012

 

Earnings, as defined:

 

 

 

   Net income

$

 49,422 

 

   Income tax expense

 

 32,847 

 

   Equity in earnings of regional nuclear

 

 

 

     generating companies

 

 (199)

 

   Dividends received from regional equity investees

 

 264 

 

   Fixed charges, as below

 

 38,519 

 

   Less: Interest capitalized (including AFUDC)

 

 171 

 

Total earnings, as defined

$

 121,024 

 

 

 

 

 

Fixed charges, as defined:

 

 

 

   Interest on long-term debt (a)

$

 44,567 

 

   Interest on rate reduction bonds

 

 2,253 

 

   Other interest

 

 (11,433)

 

   Rental interest factor

 

 3,303 

 

   Interest capitalized (including AFUDC)

 

 (171)

 

 Total fixed charges, as defined

$

 38,519 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 3.14 

 

 

 

 

 

 

 

 

 

(a)

Interest on long-term debt includes amortized premiums, discounts and capitalized expenses related to indebtedness.