Attached files

file filename
EX-31 - EXHIBIT 31 CL&P - EVERSOURCE ENERGYexh31clp.htm
EX-31.1 - EXHIBIT 31.1 NU - EVERSOURCE ENERGYexh311nu.htm
EX-32 - EXHIBIT 32 NU - EVERSOURCE ENERGYexh32nu.htm
EX-32 - EXHIBIT 32 NSTAR ELECTRIC - EVERSOURCE ENERGYexh32nstar.htm
EX-12 - EXHIBIT 12 NSTAR ELECTRIC - EVERSOURCE ENERGYexh12nstarelectric.htm
EX-31 - EXHIBIT 31 NSTAR ELECTRIC - EVERSOURCE ENERGYexh31nstar.htm
EX-12 - EXHIBIT 12 PSNH - EVERSOURCE ENERGYexh12psnh.htm
EX-31.1 - EXHIBIT 31.1 NSTAR ELECTRIC - EVERSOURCE ENERGYexh311nstar.htm
EX-31 - EXHIBIT 31 NU - EVERSOURCE ENERGYexh31nu.htm
EX-32 - EXHIBIT 32 CL&P - EVERSOURCE ENERGYexh32clp.htm
EX-12 - EXHIBIT 12 NU - EVERSOURCE ENERGYexh12nu.htm
EXCEL - IDEA: XBRL DOCUMENT - EVERSOURCE ENERGYFinancial_Report.xls
EX-31.1 - EXHIBIT 31.1 PSNH - EVERSOURCE ENERGYexh311psnh.htm
EX-32 - EXHIBIT 32 PSNH - EVERSOURCE ENERGYexh32psnh.htm
EX-31.1 - EXHIBIT 31.1 WMECO - EVERSOURCE ENERGYexh311wmeco.htm
EX-12 - EXHIBIT 12 WMECO - EVERSOURCE ENERGYexh12wmeco.htm
EX-31 - EXHIBIT 31 PSNH - EVERSOURCE ENERGYexh31psnh.htm
EX-31 - EXHIBIT 31 WMECO - EVERSOURCE ENERGYexh31wmeco.htm
EX-32 - EXHIBIT 32 WMECO - EVERSOURCE ENERGYexh32wmeco.htm
10-Q - JUNE 30, 2014 FORM 10-Q - EVERSOURCE ENERGYjune2014form10q.htm
EX-31.1 - EXHIBIT 31.1 CL&P - EVERSOURCE ENERGYexh311clp.htm







The Connecticut Light and Power Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 12

Ratio of Earnings to Fixed Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

For the Years Ended December 31,

(Thousands of Dollars)

2014

 

2013

 

2012

 

2011

 

2010

 

2009 

Earnings, as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Net income

$

 116,684 

 

$

 279,412 

 

$

 209,725 

 

$

 250,164 

 

$

 244,143 

 

$

 216,316 

   Income tax expense

 

 65,942 

 

 

 141,663 

 

 

 94,437 

 

 

 90,033 

 

 

 132,438 

 

 

 118,847 

   Equity in earnings of regional nuclear
    generating companies

 

 (14)

 

 

 (67)

 

 

 (40)

 

 

 (16)

 

 

 (134)

 

 

 (282)

   Dividends received from regional equity investees

 

 - 

 

 

 289 

 

 

 - 

 

 

 - 

 

 

 440 

 

 

 1,520 

   Fixed charges, as below

 

 74,329 

 

 

 139,929 

 

 

 139,982 

 

 

 140,311 

 

 

 145,297 

 

 

 163,887 

   Less: Interest capitalized (including AFUDC)

 

 (601)

 

 

 (2,249)

 

 

 (2,456)

 

 

 (3,317)

 

 

 (2,726)

 

 

 (2,203)

 Total earnings, as defined

$

 256,340 

 

$

 558,977 

 

$

 441,648 

 

$

 477,175 

 

$

 519,458 

 

$

 498,085 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges, as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Interest on long-term debt (a)

$

 67,548 

 

$

 130,620 

 

$

 124,894 

 

$

 131,918 

 

$

 134,553 

 

$

 133,422 

   Interest on rate reduction bonds

 

 - 

 

 

 - 

 

 

 - 

 

 

 - 

 

 

 7,542 

 

 

 19,061 

   Other interest (b)

 

 4,165 

 

 

 3,030 

 

 

 8,233 

 

 

 809 

 

 

 (4,357)

 

 

 3,334 

   Rental interest factor

 

 2,015 

 

 

 4,030 

 

 

 4,399 

 

 

 4,267 

 

 

 4,833 

 

 

 5,867 

   Interest capitalized (including AFUDC)

 

 601 

 

 

 2,249 

 

 

 2,456 

 

 

 3,317 

 

 

 2,726 

 

 

 2,203 

 Total fixed charges, as defined

$

 74,329 

 

$

 139,929 

 

$

 139,982 

 

$

 140,311 

 

$

 145,297 

 

$

 163,887 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 3.45 

 

 

 3.99 

 

 

 3.16 

 

 

 3.40 

 

 

 3.58 

 

 

 3.04 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(b) For the years ended December 31, 2013, 2012, 2011, 2010 and 2009, other interest includes interest related to accounting for uncertain tax positions.