Attached files
EXHIBIT 12.01
PUBLIC SERVICE CO. OF COLORADO AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(Thousands of Dollars, except ratio)
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Pro Forma
Six Months
Ended June 30,
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Six Months
Ended June 30,
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Pro Forma
Year Ended
Dec. 31,
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Year Ended Dec. 31
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2012
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2012
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2011
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2011
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2010
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2009
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2008
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2007
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Earnings, as defined:
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Pretax income from operations
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$ | 310,033 | $ | 296,402 | $ | 653,012 | $ | 625,164 | $ | 628,901 | $ | 493,725 | $ | 506,424 | $ | 431,251 | ||||||||||||||||
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Add: Fixed charges
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115,067 | 128,697 | 226,019 | 253,867 | 233,604 | 224,041 | 199,739 | 311,377 | ||||||||||||||||||||||||
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Total earnings, as defined
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$ | 425,100 | $ | 425,099 | $ | 879,031 | $ | 879,031 | $ | 862,505 | $ | 717,766 | $ | 706,163 | $ | 742,628 | ||||||||||||||||
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Fixed charges, as defined:
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Interest charges
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$ | 82,734 | $ | 96,365 | $ | 159,037 | $ | 186,885 | $ | 171,945 | $ | 166,212 | $ | 154,313 | $ | 180,230 | ||||||||||||||||
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Interest charges on life insurance policy borrowings
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152 | 152 | 332 | 332 | 372 | 324 | 248 | 105,396 | ||||||||||||||||||||||||
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Interest component of leases
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32,180 | 32,180 | 66,650 | 66,650 | 61,287 | 57,505 | 45,178 | 25,751 | ||||||||||||||||||||||||
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Total fixed charges, as defined
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$ | 115,066 | $ | 128,697 | $ | 226,019 | $ | 253,867 | $ | 233,604 | $ | 224,041 | $ | 199,739 | $ | 311,377 | ||||||||||||||||
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Ratio of earnings to fixed charges
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3.7 | 3.3 | 3.9 | 3.5 | 3.7 | 3.2 | 3.5 | 2.4 | ||||||||||||||||||||||||