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10-Q - 10-Q - EVERSOURCE ENERGYa2018q210-qxdocument.htm
EX-32 - EXHIBIT 32 - PSNH - EVERSOURCE ENERGYq2201810q-exhibit32xpsnh.htm
EX-31.1 - EXHIBIT 31.1 - PSNH - EVERSOURCE ENERGYq2201810q-exhibit311xpsnh.htm
EX-31 - EXHIBIT 31 - PSNH - EVERSOURCE ENERGYq2201810q-exhibit31xpsnh.htm
EX-12 - EXHIBIT 12 - PSNH - EVERSOURCE ENERGYq2201810q-exhibit12xpsnh.htm
EX-32 - EXHIBIT 32 - NSTAR ELECTRIC - EVERSOURCE ENERGYq2201810q-exhibit32xnste.htm
EX-31.1 - EXHIBIT 31.1 - NSTAR ELECTRIC - EVERSOURCE ENERGYq2201810q-exhibit311xnste.htm
EX-31 - EXHIBIT 31 - NSTAR ELECTRIC - EVERSOURCE ENERGYq2201810q-exhibit31xnste.htm
EX-12 - EXHIBIT 12 - NSTAR ELECTRIC - EVERSOURCE ENERGYq2201810q-exhibit12xnste.htm
EX-32 - EXHIBIT 32 - CL&P - EVERSOURCE ENERGYq2201810q-exhibit32xclp.htm
EX-31.1 - EXHIBIT 31.1 - CL&P - EVERSOURCE ENERGYq2201810q-exhibit311xclp.htm
EX-31 - EXHIBIT 31 - CL&P - EVERSOURCE ENERGYq2201810q-exhibit31xclp.htm
EX-32 - EXHIBIT 32 - EVERSOURCE - EVERSOURCE ENERGYq2201810q-exhibit32xeverso.htm
EX-31.1 - EXHIBIT 31.1 - EVERSOURCE - EVERSOURCE ENERGYq2201810q-exhibit311xevers.htm
EX-31 - EXHIBIT 31 - EVERSOURCE - EVERSOURCE ENERGYq2201810q-exhibit31xeverso.htm
EX-12 - EXHIBIT 12 - EVERSOURCE - EVERSOURCE ENERGYq2201810q-exhibit12xeverso.htm


The Connecticut Light and Power Company
 
 
 
 
 
 
 
 
 
 
Exhibit 12

Ratio of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2018
 
 
 
 
 
 
 
 
 
 
 
 
For the Years Ended December 31,
(Thousands of Dollars)
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings, as defined:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
198,280

 
$
376,726

 
$
334,254

 
$
299,360

 
$
287,754

 
$
279,412

Income tax expense
60,192

 
186,646

 
208,308

 
177,396

 
133,451

 
141,663

Equity in earnings of equity investees
(19
)
 
(39
)
 
(61
)
 
(31
)
 
(32
)
 
(67
)
Dividends received from equity investees

 

 
60

 

 

 
289

Fixed charges, as below
80,932

 
152,888

 
152,635

 
153,751

 
152,513

 
139,929

Less: Interest capitalized (including AFUDC)
(3,027
)
 
(5,102
)
 
(3,319
)
 
(2,630
)
 
(1,867
)
 
(2,249
)
Total earnings, as defined
$
336,358

 
$
711,119

 
$
691,877

 
$
627,846

 
$
571,819

 
$
558,977

 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 

 
 

 
 

 
 

 
 

 
 

Interest expense
$
75,498

 
$
142,973

 
$
144,110

 
$
145,795

 
$
147,421

 
$
133,650

Rental interest factor
2,407

 
4,813

 
5,206

 
5,326

 
3,225

 
4,030

Interest capitalized (including AFUDC)
3,027

 
5,102

 
3,319

 
2,630

 
1,867

 
2,249

Total fixed charges, as defined
$
80,932

 
$
152,888

 
$
152,635

 
$
153,751

 
$
152,513

 
$
139,929

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
4.16

 
4.65

 
4.53

 
4.08

 
3.75

 
3.99