EVERSOURCE ENERGY - FORM 10-Q - EX-12 - EXHIBIT 12 NSTAR ELECTRIC - August 5, 2016

Attached files

file filename
EX-31.1 - EXHIBIT 31.1 CL&P - EVERSOURCE ENERGYexh311clp.htm
10-Q - JUNE 30, 2016 FORM 10-Q - EVERSOURCE ENERGYjune302016form10q.htm
EX-32 - EXHIBIT 32 WMECO - EVERSOURCE ENERGYexh32wmeco.htm
EX-31.1 - EXHIBIT 31.1 WMECO - EVERSOURCE ENERGYexh311wmeco.htm
EX-31 - EXHIBIT 31 WMECO - EVERSOURCE ENERGYexh31wmeco.htm
EX-12 - EXHIBIT 12 WMECO - EVERSOURCE ENERGYexh12wmeco.htm
EX-32 - EXHIBIT 32 PSNH - EVERSOURCE ENERGYexh32psnh.htm
EX-31.1 - EXHIBIT 31.1 PSNH - EVERSOURCE ENERGYexh311psnh.htm
EX-31 - EXHIBIT 31 PSNH - EVERSOURCE ENERGYexh31psnh.htm
EX-12 - EXHIBIT 12 PSNH - EVERSOURCE ENERGYexh12psnh.htm
EX-32 - EXHIBIT 32 NSTAR ELECTRIC - EVERSOURCE ENERGYexh32nste.htm
EX-31.1 - EXHIBIT 31.1 NSTAR ELECTRIC - EVERSOURCE ENERGYexh311nste.htm
EX-31 - EXHIBIT 31 NSTAR ELECTRIC - EVERSOURCE ENERGYexh31nste.htm
EX-32 - EXHIBIT 32 CL&P - EVERSOURCE ENERGYexhibit32clp.htm
EX-31 - EXHIBIT 31 CL&P - EVERSOURCE ENERGYexh31clp.htm
EX-12 - EXHIBIT 12 CL&P - EVERSOURCE ENERGYexh12clp.htm
EX-32 - EXHIBIT 32 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh32eversource.htm
EX-31.1 - EXHIBIT 31.1 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh311eversource.htm
EX-31 - EXHIBIT 31 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh31eversource.htm
EX-12 - EXHIBIT 12 EVERSOURCE ENERGY - EVERSOURCE ENERGYexh12eversource.htm






NSTAR Electric Company and Subsidiary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Exhibit 12

Ratio of Earnings to Fixed Charges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

For the Years Ended December 31,

(Thousands of Dollars)

2016

 

2015

 

2014

 

2013

 

2012

 

2011

Earnings, as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

$

 122,661 

 

$

 344,542 

 

$

 303,088 

 

$

 268,546 

 

$

 190,242 

 

$

252,494 

 

Income tax expense

 

 79,053 

 

 

 228,044 

 

 

 201,981 

 

 

 172,866 

 

 

 123,966 

 

 

165,686 

 

Equity in (earnings)/loss of equity investees

 

 82 

 

 

(343)

 

 

(408)

 

 

(550)

 

 

(412)

 

 

(501)

 

Dividends received from equity investees

 

 - 

 

 

 - 

 

 

 - 

 

 

 344 

 

 

 286 

 

 

676 

 

Fixed charges, as below

 

 44,488 

 

 

80,536 

 

 

82,503 

 

 

73,115 

 

 

72,364 

 

 

76,219 

 

Less: Interest capitalized (including AFUDC)

 

 (1,779)

 

 

(1,980)

 

 

(2,027)

 

 

(511)

 

 

(259)

 

 

(185)

Total earnings, as defined

$

 244,505 

 

$

 650,799 

 

$

 585,137 

 

$

513,810 

 

$

 386,187 

 

$

 494,389 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges, as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Expense

$

 41,104 

 

$

 75,347 

 

$

 77,878 

 

$

 70,383 

 

$

 70,054 

 

$

69,427 

 

Rental interest factor

 

 1,605 

 

 

 3,209 

 

 

 2,598 

 

 

 2,221 

 

 

 2,051 

 

 

6,607 

 

Interest capitalized (including AFUDC)

 

 1,779 

 

 

 1,980 

 

 

 2,027 

 

 

 511 

 

 

 259 

 

 

185 

Total fixed charges, as defined

$

 44,488 

 

$

 80,536 

 

$

 82,503 

 

$

73,115 

 

$

 72,364 

 

$

 76,219 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 5.50 

 

 

 8.08 

 

 

 7.09 

 

 

 7.03 

 

 

 5.34 

 

 

 6.49 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 













Stock widget

Investing forum

EVERSOURCE ENERGY Reports