0001193125-12-233010.txt : 20120515 0001193125-12-233010.hdr.sgml : 20120515 20120515085737 ACCESSION NUMBER: 0001193125-12-233010 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120514 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20120515 DATE AS OF CHANGE: 20120515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAROLINA POWER & LIGHT CO CENTRAL INDEX KEY: 0000017797 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 560165465 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03382 FILM NUMBER: 12841193 BUSINESS ADDRESS: STREET 1: 410 S. WILMINGTON STREET CITY: RALEIGH STATE: NC ZIP: 27601 BUSINESS PHONE: 9195466111 MAIL ADDRESS: STREET 1: 410 S. WILMINGTON STREET CITY: RALEIGH STATE: NC ZIP: 27601 8-K 1 d351772d8k.htm FORM 8-K Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported): May 15, 2012

 

 

 

Commission File
Number

  

Exact name of registrant as specified in its charter, state

of incorporation, address of principal executive offices, and
telephone number

  

I.R.S. Employer
Identification Number

1-3382  

CAROLINA POWER

& LIGHT COMPANY

d/b/a Progress Energy Carolinas, Inc.

410 South Wilmington Street

Raleigh, North Carolina 27601-1748

Telephone: (919) 546-6111

State of Incorporation: North Carolina

   56-0165465

 

 

None

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 8.01 Other Events

The purpose of this Form 8-K is to provide as an exhibit the computation of the Ratio of Earnings to Fixed Charges for the twelve months ended March 31, 2012 and 2011.

Item 9.01 Financial Statements and Exhibits

 

Exhibits

     
12    Computation of Ratio of Earnings to Fixed Charges

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

   

CAROLINA POWER & LIGHT COMPANY d/b/a

PROGRESS ENERGY CAROLINAS, INC.

    Registrant
Date: May 15, 2012     By:  

/s/ Jeffrey M. Stone

      Jeffrey M. Stone
      Chief Accounting Officer
 EX-12 2 d351772dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit No. 12

CAROLINA POWER & LIGHT COMPANY

d/b/a Progress Energy Carolinas, Inc.

Computation of Ratio of Earnings to Fixed Charges

For the Twelve Months Ended March 31

 

(dollars in millions)

   2012      2011  

EARNINGS, AS DEFINED:

     

Add:

     

Pre-tax income

   $ 648       $ 925   

Fixed charges, as below

     245         229   

Deduct:

     

Capitalized interest(a)

      20         20   
  

 

 

     

 

 

  

Total earnings, as defined

   $ 873       $ 1,134   
  

 

 

     

 

 

  

FIXED CHARGES, AS DEFINED:

     

Interest on debt, including capitalized portion

    $ 209       $ 206   

Estimate of interest within rental expense

     36         23   
  

 

 

     

 

 

  

Total fixed charges, as defined

     245         229   
  

 

 

     

 

 

  

Preferred dividends, as defined

     4         5   
  

 

 

     

 

 

  

Total fixed charges and preferred dividends combined

   $ 249       $ 234   
  

 

 

     

 

 

  

Ratio of Earnings to Fixed Charges

     3.56         4.95   

Ratio of Earnings to Fixed Charges and Preferred Dividends Combined

      3.51         4.85   
  

 

 

     

 

 

  

 

(a) 

Excludes equity costs related to allowance for equity funds used during construction that are included in other income (expense) on the Consolidated Statements of Comprehensive Income.