Attached files
Exhibit 12.1
NSTAR Electric Company
Computation of Ratio of Earnings to Fixed Charges
Twelve Months Ended September 30, 2011
(in thousands)
Net income from continuing operations |
$ | 244,182 | ||
Less: equity income from investees |
1,105 | |||
Plus: distributed income of equity investees |
702 | |||
Income taxes |
159,290 | |||
Fixed charges (including securitization certificates) |
76,156 | |||
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Total |
$ | 479,225 | ||
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Interest expense |
$ | 69,752 | ||
Interest component of rentals (estimated as one-third of rental expense) |
6,404 | |||
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Total |
$ | 76,156 | ||
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Ratio of earnings to fixed charges |
6.29 | |||
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