Attached files

file filename
10-Q - SEPTEMBER 30, 2015 FORM 10-Q - EVERSOURCE ENERGYseptember302015form10q.htm
EX-12 - EXHIBIT 12 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh12eversource.htm
EX-10.1 - EXHIBIT 10.1 - EVERSOURCE ENERGYygs12thsupplementalindenture.htm
EX-31 - EXHIBIT 31 CL&P - EVERSOURCE ENERGYexh31clp.htm
EX-32 - EXHIBIT 32 CL&P - EVERSOURCE ENERGYexh32clp.htm
EX-12 - EXHIBIT 12 PSNH - EVERSOURCE ENERGYexh12psnh.htm
EX-31 - EXHIBIT 31 PSNH - EVERSOURCE ENERGYexh31psnh.htm
EX-32 - EXHIBIT 32 PSNH - EVERSOURCE ENERGYexh32psnh.htm
EX-31.1 - EXHIBIT 31.1 CL&P - EVERSOURCE ENERGYexh311clp.htm
EX-32 - EXHIBIT 32 WMECO - EVERSOURCE ENERGYexh32wmeco.htm
EX-12 - EXHIBIT 12 WMECO - EVERSOURCE ENERGYexh12wmeco.htm
EX-31 - EXHIBIT 31 WMECO - EVERSOURCE ENERGYexh31wmeco.htm
EX-31.1 - EXHIBIT 31.1 PSNH - EVERSOURCE ENERGYexh311psnh.htm
EX-31 - EXHIBIT 31 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh31eversource.htm
EX-32 - EXHIBIT 32 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh32eversource.htm
EX-31.1 - EXHIBIT 31.1 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh311eversource.htm
EX-32 - EXHIBIT 32 NSTAR ELECTRIC - EVERSOURCE ENERGYexh32nstarelectric.htm
EX-31 - EXHIBIT 31 NSTAR ELECTRIC - EVERSOURCE ENERGYexh31nstarelectric.htm
EX-12 - EXHIBIT 12 NSTAR ELECTRIC - EVERSOURCE ENERGYexh12nstarelectric.htm
EX-31.1 - EXHIBIT 31.1 NSTAR ELECTRIC - EVERSOURCE ENERGYexh311nstarelectric.htm
EX-31.1 - EXHIBIT 31.1 WMECO - EVERSOURCE ENERGYexh311wmeco.htm






The Connecticut Light and Power Company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 12

Ratio of Earnings to Fixed Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

For the Years Ended December 31,

(Thousands of Dollars)

2015

 

2014

 

2013

 

2012

 

2011

 

2010

Earnings, as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 228,192 

 

$

 287,754 

 

$

 279,412 

 

$

 209,725 

 

$

 250,164 

 

$

 244,143 

 

Income tax expense

 

 127,845 

 

 

 133,451 

 

 

 141,663 

 

 

 94,437 

 

 

 90,033 

 

 

 132,438 

 

Equity in earnings of regional nuclear
 generating companies

 

 (22)

 

 

 (32)

 

 

 (67)

 

 

 (40)

 

 

 (16)

 

 

 (134)

 

Dividends received from regional equity investees

 

 -   

 

 

 -   

 

 

 289 

 

 

 -   

 

 

 -   

 

 

 440 

 

Fixed charges, as below

 

 113,620 

 

 

 152,513 

 

 

 139,929 

 

 

 139,982 

 

 

 140,311 

 

 

 145,297 

 

Less: Interest capitalized (including AFUDC)

 

 (1,738)

 

 

 (1,867)

 

 

 (2,249)

 

 

 (2,456)

 

 

 (3,317)

 

 

 (2,726)

Total earnings, as defined

$

 467,897 

 

$

 571,819 

 

$

 558,977 

 

$

 441,648 

 

$

 477,175 

 

$

 519,458 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges, as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Expense

$

 109,463 

 

$

 147,421 

 

$

 133,650 

 

$

 133,127 

 

$

 132,727 

 

$

 137,738 

 

Rental interest factor

 

 2,419 

 

 

 3,225 

 

 

 4,030 

 

 

 4,399 

 

 

 4,267 

 

 

 4,833 

 

Interest capitalized (including AFUDC)

 

 1,738 

 

 

 1,867 

 

 

 2,249 

 

 

 2,456 

 

 

 3,317 

 

 

 2,726 

Total fixed charges, as defined

$

 113,620 

 

$

 152,513 

 

$

 139,929 

 

$

 139,982 

 

$

 140,311 

 

$

 145,297 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 4.12 

 

 

 3.75 

 

 

 3.99 

 

 

 3.16 

 

 

 3.40 

 

 

 3.58