EVERSOURCE ENERGY - FORM 10-Q - EX-12 - EXHIBIT 12 - PSNH - November 4, 2016

Attached files

file filename
EX-31 - EXHIBIT 31 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201610q-exhibit31xnstare.htm
EX-32 - EXHIBIT 32 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201610q-exhibit32xnstare.htm
EX-12 - EXHIBIT 12 - WMECO - EVERSOURCE ENERGYq3201610q-exhibit12xwmeco.htm
10-Q - 10-Q - EVERSOURCE ENERGYq3201610-qxdocument.htm
EX-32 - EXHIBIT 32 - WMECO - EVERSOURCE ENERGYq3201610q-exhibit32xwmeco.htm
EX-32 - EXHIBIT 32 - PSNH - EVERSOURCE ENERGYq3201610q-exhibit32xpsnh.htm
EX-32 - EXHIBIT 32 - CL&P - EVERSOURCE ENERGYq3201610q-exhibit32xclp.htm
EX-32 - EXHIBIT 32 - EVERSOURCE - EVERSOURCE ENERGYq3201610q-exhibit32xeverso.htm
EX-31.1 - EXHIBIT 31.1 - WMECO - EVERSOURCE ENERGYq3201610q-exhibit311xwmeco.htm
EX-31.1 - EXHIBIT 31.1 - PSNH - EVERSOURCE ENERGYq3201610q-exhibit311xpsnh.htm
EX-31.1 - EXHIBIT 31.1 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201610q-exhibit311xnstar.htm
EX-31.1 - EXHIBIT 31.1 - CL&P - EVERSOURCE ENERGYq3201610q-exhibit311xclp.htm
EX-31.1 - EXHIBIT 31.1 - EVERSOURCE - EVERSOURCE ENERGYq3201610q-exhibit311xevers.htm
EX-31 - EXHIBIT 31 - WMECO - EVERSOURCE ENERGYq3201610q-exhibit31xwmeco.htm
EX-31 - EXHIBIT 31 - PSNH - EVERSOURCE ENERGYq3201610q-exhibit31xpsnh.htm
EX-31 - EXHIBIT 31 - CL&P - EVERSOURCE ENERGYq3201610q-exhibit31xclp.htm
EX-31 - EXHIBIT 31 - EVERSOURCE - EVERSOURCE ENERGYq3201610q-exhibit31xeverso.htm
EX-12 - EXHIBIT 12 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201610q-exhibit12xnstare.htm
EX-12 - EXHIBIT 12 - CL&P - EVERSOURCE ENERGYq3201610q-exhibit12xclp.htm
EX-12 - EXHIBIT 12 - EVERSOURCE - EVERSOURCE ENERGYq3201610q-exhibit12xeverso.htm


Public Service Company of New Hampshire and Subsidiary
 
 
 
 
 
 
 
 
 
Exhibit 12

Ratio of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
For the Years Ended December 31,
(Thousands of Dollars)
 
 
2015
 
2014
 
2013
 
2012
 
2011
Earnings, as defined:
 
 
 
 
 
 
 
 
 
 
 
 
Net income
 
$
105,829

 
$
114,442

 
$
113,944

 
$
111,397

 
$
96,882

 
$
100,267

Income tax expense
 
66,242

 
73,060

 
72,135

 
71,101

 
60,993

 
49,945

Equity in earnings of equity investees
 
(6
)
 
(8
)
 
(8
)
 
(12
)
 
(8
)
 
(7
)
Dividends received from equity investees
 
25

 
—

 
—

 
42

 
—

 
—

Fixed charges, as below
 
38,717

 
47,949

 
46,530

 
47,318

 
52,769

 
52,111

Less: Interest capitalized (including AFUDC)
 
(607
)
 
(994
)
 
(640
)
 
(500
)
 
(1,579
)
 
(7,064
)
Total earnings, as defined
 
$
210,200

 
$
234,449

 
$
231,961

 
$
229,346

 
$
209,057

 
$
195,252

 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
$
37,386

 
$
45,990

 
$
45,349

 
$
46,176

 
$
50,228

 
$
44,147

Rental interest factor
 
724

 
965

 
541

 
642

 
962

 
900

Interest capitalized (including AFUDC)
 
607

 
994

 
640

 
500

 
1,579

 
7,064

Total fixed charges, as defined
 
$
38,717

 
$
47,949

 
$
46,530

 
$
47,318

 
$
52,769

 
$
52,111

 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
5.43

 
4.89

 
4.99

 
4.85

 
3.96

 
3.75




Stock widget

Investing forum

EVERSOURCE ENERGY Reports