Attached files
file | filename |
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EX-5.01 - EXHIBIT 5.01 - NORTHERN STATES POWER CO | nspmexhibit501sept2017.htm |
EX-4.01 - EXHIBIT 4.01 - NORTHERN STATES POWER CO | nspmbonds-exhibit401.htm |
8-K - 8-K - NORTHERN STATES POWER CO | a8-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 |