0001193125-11-222286.txt : 20110815 0001193125-11-222286.hdr.sgml : 20110815 20110815091801 ACCESSION NUMBER: 0001193125-11-222286 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110815 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110815 DATE AS OF CHANGE: 20110815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FLORIDA POWER CORP CENTRAL INDEX KEY: 0000037637 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 590247770 STATE OF INCORPORATION: FL FISCAL YEAR END: 0920 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03274 FILM NUMBER: 111033386 BUSINESS ADDRESS: STREET 1: 100 CENTRAL AVENUE CITY: ST. PETERSBURG STATE: FL ZIP: 33701 BUSINESS PHONE: 7278205151 MAIL ADDRESS: STREET 1: 100 CENTRAL AVENUE CITY: ST. PETERSBURG STATE: FL ZIP: 33701 FORMER COMPANY: FORMER CONFORMED NAME: FLORIDA POWER CORP / DATE OF NAME CHANGE: 19950829 8-K 1 d8k.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): August 15, 2011

 

 

 

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

 

1-3274

   

FLORIDA POWER CORPORATION

d/b/a Progress Energy Florida, Inc.

299 First Avenue North

St. Petersburg, Florida 33701

Telephone: (727) 820-5151

State of Incorporation: Florida

   

 

59-0247770

 

 

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 June 30, 2011 and 2010.

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.

 

   

FLORIDA POWER CORPORATION

d/b/a PROGRESS ENERGY FLORIDA, INC.

    Registrant
Date: August 15, 2011     By:  

/s/ Jeffrey M. Stone

      Jeffrey M. Stone
      Chief Accounting Officer
 EX-12 2 dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit No. 12

FLORIDA POWER CORPORATION

d/b/a Progress Energy Florida, Inc.

Computation of Ratio of Earnings to Fixed Charges

For the Twelve Months Ended June 30

 

(dollars in millions)

    2011      2010  

Earnings, as defined:

      

Net income

    $ 446       $ 475   

Fixed charges, as below

      279         264   

Income taxes

      263         267   
  

 

 

     

 

 

  

Total earnings, as defined

    $ 988       $ 1,006   
  

 

 

     

 

 

  

Fixed Charges, as defined:

      

Interest on long-term debt

    $ 257       $ 246   

Other interest

      18         15   

Imputed interest factor in rentals – charged principally to operating expenses

      4         3   
  

 

 

     

 

 

  

Total fixed charges, as defined

    $ 279       $ 264   
  

 

 

     

 

 

  

Preferred dividends, as defined

      2         2   
  

 

 

     

 

 

  

Total fixed charges and preferred dividends combined

    $ 281       $ 266   
  

 

 

     

 

 

  

Ratio of Earnings to Fixed Charges

      3.54         3.81   

Ratio of Earnings to Fixed Charges and Preferred Dividends Combined

      3.52         3.78