Attached files
NSP-WISCONSIN AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(Thousands of Dollars, except ratio)
Pro Forma
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Pro Forma
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Six Months
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Six Months
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Year Ended
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Ended June 30,
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Ended June 30, |
Dec. 31,
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Year Ended Dec. 31
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2012
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2012
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2011
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2011
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2010
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2009
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2008
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2007
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Earnings, as defined:
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Pretax income from operations
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$ | 31,973 | $ | 33,652 | $ | 81,077 | $ | 84,620 | $ | 68,861 | $ | 72,981 | $ | 73,295 | $ | 59,984 | ||||||||||||||||
Add: Fixed charges
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13,949 | 12,270 | 28,171 | 24,628 | 24,897 | 25,102 | 25,934 | 23,589 | ||||||||||||||||||||||||
Total earnings, as defined
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$ | 45,922 | $ | 45,922 | $ | 109,248 | $ | 109,248 | $ | 93,758 | $ | 98,083 | $ | 99,229 | $ | 83,573 | ||||||||||||||||
Fixed charges, as defined:
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Interest charges
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$ | 13,738 | $ | 12,059 | $ | 27,711 | $ | 24,168 | $ | 24,517 | $ | 24,782 | $ | 25,641 | $ | 22,967 | ||||||||||||||||
Interest component of leases
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211 | 211 | 460 | 460 | 380 | 320 | 293 | 622 | ||||||||||||||||||||||||
Total fixed charges, as defined
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$ | 13,949 | $ | 12,270 | $ | 28,171 | $ | 24,628 | $ | 24,897 | $ | 25,102 | $ | 25,934 | $ | 23,589 | ||||||||||||||||
Ratio of earnings to fixed charges
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3.3 | 3.7 | 3.9 | 4.4 | 3.8 | 3.9 | 3.8 | 3.5 |