EVERSOURCE ENERGY - FORM 10-Q - EX-12 - EXHIBIT 12 - WMECO - November 3, 2017

Attached files

file filename
EX-10.1 - EXHIBIT 10.1 - YANKEE GAS - EVERSOURCE ENERGYyankeegas13thsuppindenture.htm
EX-32 - EXHIBIT 32 - WMECO - EVERSOURCE ENERGYq3201710q-exhibit32xwmeco.htm
EX-31.1 - EXHIBIT 31.1 - WMECO - EVERSOURCE ENERGYq3201710q-exhibit311xwmeco.htm
EX-31 - EXHIBIT 31 - WMECO - EVERSOURCE ENERGYq3201710q-exhibit31xwmeco.htm
EX-32 - EXHIBIT 32 - PSNH - EVERSOURCE ENERGYq3201710q-exhibit32xpsnh.htm
EX-31.1 - EXHIBIT 31.1 - PSNH - EVERSOURCE ENERGYq3201710q-exhibit311xpsnh.htm
EX-31 - EXHIBIT 31 - PSNH - EVERSOURCE ENERGYq3201710q-exhibit31xpsnh.htm
EX-12 - EXHIBIT 12 - PSNH - EVERSOURCE ENERGYq3201710q-exhibit12xpsnh.htm
EX-32 - EXHIBIT 32 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201710q-exhibit32xnstare.htm
EX-31.1 - EXHIBIT 31.1 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201710q-exhibit311xnstar.htm
EX-31 - EXHIBIT 31 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201710q-exhibit31xnstare.htm
EX-12 - EXHIBIT 12 - NSTAR ELECTRIC - EVERSOURCE ENERGYq3201710q-exhibit12xnstare.htm
EX-32 - EXHIBIT 32 - CL&P - EVERSOURCE ENERGYq3201710q-exhibit32xclp.htm
EX-31.1 - EXHIBIT 31.1 - CL&P - EVERSOURCE ENERGYq3201710q-exhibit311xclp.htm
EX-31 - EXHIBIT 31 - CL&P - EVERSOURCE ENERGYq3201710q-exhibit31xclp.htm
EX-12 - EXHIBIT 12 - CL&P - EVERSOURCE ENERGYq3201710q-exhibit12xclp.htm
EX-32 - EXHIBIT 32 - EVERSOURCE - EVERSOURCE ENERGYq3201710q-exhibit32xeverso.htm
EX-31.1 - EXHIBIT 31.1 - EVERSOURCE - EVERSOURCE ENERGYq3201710q-exhibit311xevers.htm
EX-31 - EXHIBIT 31 - EVERSOURCE - EVERSOURCE ENERGYq3201710q-exhibit31xeverso.htm
EX-12 - EXHIBIT 12 - EVERSOURCE - EVERSOURCE ENERGYq3201710q-exhibit12xeverso.htm
10-Q - THIRD QUARTER 2017 FORM 10-Q - EVERSOURCE ENERGYq3201710-qxdocument.htm


Western Massachusetts Electric Company
 
 
 
 
 
 
 
 
 
 
Exhibit 12

Ratio of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
(Unaudited)
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
For the Years Ended December 31,
(Thousands of Dollars)
 
2016
 
2015
 
2014
 
2013
 
2012
Earnings, as defined:
 
 
 
 
 
 
 
 
 
 
 
Net income
$
52,446

 
$
58,072

 
$
56,506

 
$
57,819

 
$
60,438

 
$
54,503

Income tax expense
34,680

 
38,022

 
36,970

 
37,268

 
37,368

 
32,140

Equity in earnings of equity investees
(8
)
 
(16
)
 
(8
)
 
(8
)
 
(18
)
 
(11
)
Dividends received from equity investees
—

 
15

 
—

 
—

 
80

 
—

Fixed charges, as below
19,846

 
25,776

 
26,553

 
26,202

 
26,316

 
28,162

Less: Interest capitalized (including AFUDC)
(564
)
 
(644
)
 
(1,042
)
 
(864
)
 
(498
)
 
(534
)
Total earnings, as defined
$
106,400

 
$
121,225

 
$
118,979

 
$
120,417

 
$
123,686

 
$
114,260

 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
 
 
 
 
Interest Expense
$
18,752

 
$
24,425

 
$
24,792

 
$
24,931

 
$
24,851

 
$
26,634

Rental interest factor
530

 
707

 
719

 
407

 
967

 
994

Interest capitalized (including AFUDC)
564

 
644

 
1,042

 
864

 
498

 
534

Total fixed charges, as defined
$
19,846

 
$
25,776

 
$
26,553

 
$
26,202

 
$
26,316

 
$
28,162

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
5.36

 
4.70

 
4.48

 
4.60

 
4.70

 
4.06




Stock widget

Investing forum

EVERSOURCE ENERGY Reports