Attached files
| file | filename |
|---|---|
| 8-K - 8-K - NORTHERN STATES POWER CO | a8-knspmbondofferingaug2015.htm |
| EX-4.01 - EXHIBIT 4.01 - NORTHERN STATES POWER CO | nspmexhibit401aug2015.htm |
| EX-5.01 - EXHIBIT 5.01 - NORTHERN STATES POWER CO | nspmexhibit501aug2015.htm |
Exhibit 12.01
NSP-MINNESOTA AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
Six Months Ended June 30, 2015 | Year Ended Dec. 31 | ||||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||
Earnings, as defined: | |||||||||||||||||||||||
Pretax income from operations | $ | 123,536 | $ | 603,005 | $ | 575,203 | $ | 515,665 | $ | 544,630 | $ | 455,416 | |||||||||||
Add: Fixed charges | 116,280 | 233,386 | 227,301 | 243,317 | 249,587 | 243,620 | |||||||||||||||||
Total earnings, as defined | $ | 239,816 | $ | 836,391 | $ | 802,504 | $ | 758,982 | $ | 794,217 | $ | 699,036 | |||||||||||
Fixed charges, as defined: | |||||||||||||||||||||||
Interest charges | $ | 100,856 | $ | 199,667 | $ | 191,889 | $ | 201,158 | $ | 208,003 | $ | 201,431 | |||||||||||
Interest component of leases | 15,424 | 33,719 | 35,412 | 42,159 | 41,584 | 42,189 | |||||||||||||||||
Total fixed charges, as defined | $ | 116,280 | $ | 233,386 | $ | 227,301 | $ | 243,317 | $ | 249,587 | $ | 243,620 | |||||||||||
Ratio of earnings to fixed charges | 2.1 | 3.6 | 3.5 | 3.1 | 3.2 | 2.9 | |||||||||||||||||