Attached files
Exhibit 12.01
SOUTHWESTERN PUBLIC SERVICE CO.
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
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Six Months Ended
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|||||||||||||||||||||||
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June 30,
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Year Ended Dec. 31
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||||||||||||||||||||||
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2013
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2012
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2011
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2010
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2009
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2008
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Earnings, as defined:
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||||||||||||||||||||||||
Pretax income from operations
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$
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63,809
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$
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168,598
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$
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145,034
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$
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126,933
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$
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108,245
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$
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52,769
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||||||||||||
Add: Fixed charges
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52,774
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103,760
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100,901
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100,518
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114,684
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74,525
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||||||||||||||||||
Total earnings, as defined
|
$
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116,583
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$
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272,358
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$
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245,935
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$
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227,451
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$
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222,929
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$
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127,294
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||||||||||||
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Fixed charges, as defined:
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Interest charges
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$
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35,617
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$
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69,074
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$
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65,095
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$
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63,912
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$
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71,688
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$
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61,090
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||||||||||||
Interest component of leases
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17,157
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34,686
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35,806
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36,606
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42,996
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13,435
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||||||||||||||||||
Total fixed charges, as defined
|
$
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52,774
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$
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103,760
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$
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100,901
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$
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100,518
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$
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114,684
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$
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74,525
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Ratio of earnings to fixed charges
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2.2
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2.6
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2.4
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2.3
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1.9
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1.7
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