Attached files
file | filename |
---|---|
EX-31.02 - EXHIBIT 31.02 - PUBLIC SERVICE CO OF COLORADO | psco-ex3102q42015.htm |
EX-32.01 - EXHIBIT 32.01 - PUBLIC SERVICE CO OF COLORADO | psco-ex3201q42015.htm |
EX-99.01 - EXHIBIT 99.01 - PUBLIC SERVICE CO OF COLORADO | psco-ex9901q42015.htm |
EX-31.01 - EXHIBIT 31.01 - PUBLIC SERVICE CO OF COLORADO | psco-ex3101q42015.htm |
EX-23.01 - EXHIBIT 23.01 - PUBLIC SERVICE CO OF COLORADO | psco-ex2301q42015.htm |
10-K - 10-K - PUBLIC SERVICE CO OF COLORADO | psco1231201510k.htm |
Exhibit 12.01
PUBLIC SERVICE CO. OF COLORADO AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
Year Ended Dec. 31 | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Earnings, as defined: | |||||||||||||||||||
Pretax income | $ | 745,242 | $ | 698,779 | $ | 704,123 | $ | 690,620 | $ | 625,164 | |||||||||
Add: Fixed charges | 235,530 | 232,832 | 232,539 | 254,443 | 253,867 | ||||||||||||||
Total earnings, as defined | $ | 980,772 | $ | 931,611 | $ | 936,662 | $ | 945,063 | $ | 879,031 | |||||||||
Fixed charges, as defined: | |||||||||||||||||||
Interest charges | $ | 177,430 | $ | 171,881 | $ | 173,602 | $ | 188,094 | $ | 186,885 | |||||||||
Interest charges on life insurance policy borrowings | 233 | 214 | 245 | 310 | 332 | ||||||||||||||
Interest component of leases | 57,867 | 60,737 | 58,692 | 66,039 | 66,650 | ||||||||||||||
Total fixed charges, as defined | $ | 235,530 | $ | 232,832 | $ | 232,539 | $ | 254,443 | $ | 253,867 | |||||||||
Ratio of earnings to fixed charges | 4.2 | 4.0 | 4.0 | 3.7 | 3.5 |