Attached files

file filename
8-K - NORTHERN STATES POWER COMPANY MN 8-K 8-13-2012 - NORTHERN STATES POWER COform8k.htm
EX-4.1 - EXHIBIT 4.01 - NORTHERN STATES POWER COex4_01.htm
EX-5.01 - EXHIBIT 5.01 - NORTHERN STATES POWER COex5_01.htm

Exhibit 12.01

NSP-MINNESOTA AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(Thousands of Dollars, except ratio)
 
   
Six Months Ended
June 30,
   
Year Ended Dec. 31
 
 
 
2012
   
2011
   
2010
   
2009
   
2008
   
2007
 
Earnings, as defined:
 
 
   
 
   
 
   
 
   
 
   
 
 
Pretax income from operations
  $ 195,704     $ 544,630     $ 455,416     $ 468,891     $ 463,377     $ 449,327  
Add: Fixed charges
    124,972       249,587       243,620       239,022       240,539       211,660  
Total earnings, as defined
  $ 320,676     $ 794,217     $ 699,036     $ 707,913     $ 703,916     $ 660,987  
                                                 
Fixed charges, as defined:
                                               
Interest charges
  $ 104,402     $ 208,003     $ 201,431     $ 194,808     $ 198,369     $ 186,293  
Interest component of leases
    20,570       41,584       42,189       44,214       42,170       25,367  
Total fixed charges, as defined
  $ 124,972     $ 249,587     $ 243,620     $ 239,022     $ 240,539     $ 211,660  
Ratio of earnings to fixed charges
    2.6       3.2       2.9       3.0       2.9       3.1