Attached files

file filename
EX-32.2 - EXHIBIT 32.2 CERTIFICATION OF BRIAN B. BIRD PURSUANT TO SECTION 906 - NORTHWESTERN CORPexhibit322certification10k.htm
EX-32.1 - EXHIBIT 32.1 CERTIFICATION OF ROBERT C. ROWE PURSUANT TO SECTION 906 - NORTHWESTERN CORPexhibit321certification10k.htm
EX-31.2 - EXHIBIT 31.2 CERTIFICATION OF CHIEF FINANCIAL OFFICER - NORTHWESTERN CORPexhibit312certification10k.htm
EX-31.1 - EXHIBIT 31.1 CERTIFICATION OF CHIEF EXECUTIVE OFFICER - NORTHWESTERN CORPexhibit311certification10k.htm
EX-23.1 - EXHIBIT 23.1 AUDITOR CONSENT - NORTHWESTERN CORPexhibit231consent10k2017.htm
EX-21 - EXHIBIT 21 SUBSIDIARIES 10-K 2017 - NORTHWESTERN CORPexhibit21subsidiaries10k20.htm
10-K - FORM 10-K 2017 - NORTHWESTERN CORPnwe1231201710k.htm


Exhibit 12.1

NorthWestern Corporation
Computation of Ratio of Consolidated Earning to Consolidated Fixed Charges
 
 
 
2017
 
2016
 
2015
 
2014
 
2013
 
(in thousands, except ratios)
Earnings
 
 
 
 
 
 
 
 
 
Income before income taxes
$
176,071

 
$
156,525

 
$
181,246

 
$
110,414

 
$
108,284

Add: Fixed changes as below
95,627

 
98,028

 
97,806

 
82,793

 
74,280

Total
$
271,698

 
$
254,553

 
$
279,052

 
$
193,207

 
$
182,564

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest charges
$
92,263

 
$
94,970

 
$
92,153

 
$
77,802

 
$
70,486

Interest on rent expense
543

 
614

 
779

 
731

 
672

Capitalized interest and allowance for funds used during construction
2,821

 
2,444

 
4,874

 
4,260

 
3,122

Total
$
95,627

 
$
98,028

 
$
97,806

 
$
82,793

 
$
74,280

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
2.8

 
2.6

 
2.9

 
2.3

 
2.5