Attached files
file | filename |
---|---|
EX-99.01 - EXHIBIT 99.01 - SOUTHWESTERN PUBLIC SERVICE CO | spsex990110k2014.htm |
EX-31.01 - EXHIBIT 31.01 - SOUTHWESTERN PUBLIC SERVICE CO | spsex310110k2014.htm |
EX-31.02 - EXHIBIT 31.02 - SOUTHWESTERN PUBLIC SERVICE CO | spsex310210k2014.htm |
EX-32.01 - EXHIBIT 32.01 - SOUTHWESTERN PUBLIC SERVICE CO | spsex320110k2014.htm |
EXCEL - IDEA: XBRL DOCUMENT - SOUTHWESTERN PUBLIC SERVICE CO | Financial_Report.xls |
10-K - 10-K - SOUTHWESTERN PUBLIC SERVICE CO | sps1231201410-k.htm |
EX-23.01 - EXHIBIT 23.01 - SOUTHWESTERN PUBLIC SERVICE CO | spsex230110k2014.htm |
Exhibit 12.01
SOUTHWESTERN PUBLIC SERVICES CO.
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
Year Ended Dec. 31 | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Earnings, as defined: | |||||||||||||||||||
Pretax income | $ | 205,054 | $ | 148,938 | $ | 168,598 | $ | 145,034 | $ | 126,933 | |||||||||
Add: Fixed charges | 105,946 | 104,534 | 103,760 | 100,901 | 100,518 | ||||||||||||||
Total earnings, as defined | $ | 311,000 | $ | 253,472 | $ | 272,358 | $ | 245,935 | $ | 227,451 | |||||||||
Fixed charges, as defined: | |||||||||||||||||||
Interest charges | $ | 80,218 | $ | 77,866 | $ | 69,074 | $ | 65,095 | $ | 63,912 | |||||||||
Interest component of leases | 25,728 | 26,668 | 34,686 | 35,806 | 36,606 | ||||||||||||||
Total fixed charges, as defined | $ | 105,946 | $ | 104,534 | $ | 103,760 | $ | 100,901 | $ | 100,518 | |||||||||
Ratio of earnings to fixed charges | 2.9 | 2.4 | 2.6 | 2.4 | 2.3 |