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EX-5.01 - EXHIBIT 5.01 - NORTHERN STATES POWER COnspmexhibit501sept2017.htm
EX-4.01 - EXHIBIT 4.01 - NORTHERN STATES POWER COnspmbonds-exhibit401.htm
8-K - 8-K - NORTHERN STATES POWER COa8-knspmbondofferingsept20.htm


Exhibit 12.01

NSP-MINNESOTA AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)

 
Six Months
Ended June 30,
2017
 
Year Ended Dec. 31
 
 
2016
 
2015
 
2014
 
2013
 
2012
Earnings, as defined:
 
 
 

 
 

 
 

 
 

 
 

Pretax income from operations
$
254,613

 
$
713,263

 
$
537,573

 
$
603,005

 
$
575,203

 
$
515,665

Add: Fixed charges
128,718

 
255,779

 
240,148

 
233,386

 
227,301

 
243,317

Total earnings, as defined
$
383,331

 
$
969,042

 
$
777,721

 
$
836,391

 
$
802,504

 
$
758,982

Fixed charges, as defined:
 
 
 

 
 

 
 

 
 

 
 

Interest charges
$
114,971

 
$
226,547

 
$
208,763

 
$
199,667

 
$
191,889

 
$
201,158

Interest component of leases
13,747

 
29,232

 
31,385

 
33,719

 
35,412

 
42,159

Total fixed charges, as defined
$
128,718

 
$
255,779

 
$
240,148

 
$
233,386

 
$
227,301

 
$
243,317

Ratio of earnings to fixed charges
3.0

 
3.8

 
3.2

 
3.6

 
3.5

 
3.1