Attached files

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10-K - 10-K - SOUTHWESTERN PUBLIC SERVICE COa09-35778_110k.htm
EX-31.02 - EX-31.02 - SOUTHWESTERN PUBLIC SERVICE COa09-35778_1ex31d02.htm
EX-99.01 - EX-99.01 - SOUTHWESTERN PUBLIC SERVICE COa09-35778_1ex99d01.htm
EX-31.01 - EX-31.01 - SOUTHWESTERN PUBLIC SERVICE COa09-35778_1ex31d01.htm
EX-23.01 - EX-23.01 - SOUTHWESTERN PUBLIC SERVICE COa09-35778_1ex23d01.htm
EX-32.01 - EX-32.01 - SOUTHWESTERN PUBLIC SERVICE COa09-35778_1ex32d01.htm

Exhibit 12.01

 

SOUTHWESTERN PUBLIC SERVICE CO.

STATEMENT OF COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

(amounts in thousands of dollars)

 

 

 

Year ended Dec. 31

 

 

 

2009

 

2008

 

2007

 

2006

 

2005

 

Earnings as defined:

 

 

 

 

 

 

 

 

 

 

 

Pretax income from operations

 

$

108,245

 

$

52,769

 

$

55,596

 

$

76,040

 

$

100,178

 

Add: Fixed charges

 

114,684

 

74,525

 

57,247

 

56,849

 

55,510

 

Earnings as defined

 

$

222,929

 

$

127,294

 

$

112,843

 

$

132,889

 

$

155,688

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest charges

 

$

71,688

 

$

61,090

 

$

55,261

 

$

55,739

 

$

54,084

 

Interest component of leases

 

42,996

 

13,435

 

1,986

 

1,110

 

1,426

 

Total fixed charges

 

$

114,684

 

$

74,525

 

$

57,247

 

$

56,849

 

$

55,510

 

Ratio of earnings to fixed charges

 

1.9

 

1.7

 

2.0

 

2.3

 

2.8