Attached files
file | filename |
---|---|
8-K - 8-K - XCEL ENERGY INC | a8-kholdcobondofferingjune.htm |
EX-4.01 - EXHIBIT 4.01 - XCEL ENERGY INC | holdcoexhibit401june2015.htm |
EX-5.01 - EXHIBIT 5.01 - XCEL ENERGY INC | holdcoexhibit501june2015.htm |
Exhibit 12.01
XCEL ENERGY INC. AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
Three Months Ended March 31, 2015 | Year Ended Dec. 31 | ||||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||
Earnings, as defined: | |||||||||||||||||||||||
Pretax income | $ | 235,646 | $ | 1,545,121 | $ | 1,432,210 | $ | 1,355,402 | $ | 1,309,690 | $ | 1,188,591 | |||||||||||
Add: Fixed charges | 171,777 | 677,390 | 686,258 | 734,564 | 725,375 | 708,529 | |||||||||||||||||
Add: Dividends from unconsolidated subsidiaries | 9,876 | 36,707 | 36,416 | 33,470 | 34,034 | 32,538 | |||||||||||||||||
Deduct: Equity earnings of unconsolidated subsidiaries | 7,776 | 30,151 | 30,020 | 29,971 | 30,527 | 29,948 | |||||||||||||||||
Total earnings, as defined | $ | 409,523 | $ | 2,229,067 | $ | 2,124,864 | $ | 2,093,465 | $ | 2,038,572 | $ | 1,899,710 | |||||||||||
Fixed charges, as defined: | |||||||||||||||||||||||
Interest charges | $ | 144,940 | $ | 566,608 | $ | 575,199 | $ | 601,582 | $ | 591,098 | $ | 577,291 | |||||||||||
Interest charges on life insurance policy borrowings | 37 | 214 | 245 | 310 | 332 | 372 | |||||||||||||||||
Interest component of leases | 26,800 | 110,568 | 110,814 | 132,672 | 133,945 | 130,866 | |||||||||||||||||
Total fixed charges, as defined | $ | 171,777 | $ | 677,390 | $ | 686,258 | $ | 734,564 | $ | 725,375 | $ | 708,529 | |||||||||||
Ratio of earnings to fixed charges | 2.4 | 3.3 | 3.1 | 2.8 | 2.8 | 2.7 |