EX-12.01 5 a10-8227_4ex12d01.htm EX-12.01

Exhibit 12.01

 

XCEL ENERGY INC. AND SUBSIDIARIES

STATEMENT OF COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

(amounts in thousands of dollars)

 

 

 

Quarter Ended

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

Year Ended Dec. 31,

 

 

 

2010

 

2009

 

2008

 

2007

 

2006

 

2005

 

Earnings as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

Pretax income from operations

 

$

289,238

 

$

1,056,838

 

$

984,406

 

$

870,383

 

$

750,092

 

$

672,577

 

Add: Fixed charges

 

180,808

 

705,740

 

654,080

 

722,561

 

622,554

 

593,707

 

Deduct: Undistributed equity in earnings of unconsolidated affiliates

 

7,401

 

24,664

 

3,571

 

1,900

 

2,775

 

712

 

Earnings as defined

 

$

462,645

 

$

1,737,914

 

$

1,634,915

 

$

1,591,044

 

$

1,369,871

 

$

1,265,572

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest charges

 

$

143,830

 

$

561,654

 

$

552,919

 

$

563,438

 

$

486,967

 

$

463,370

 

Interest charges on life insurance policy borrowings

 

117

 

324

 

248

 

105,396

 

117,536

 

107,610

 

Interest component of leases

 

36,861

 

143,762

 

100,913

 

53,727

 

18,051

 

22,727

 

Total fixed charges

 

$

180,808

 

$

705,740

 

$

654,080

 

$

722,561

 

$

622,554

 

$

593,707

 

Ratio of earnings to fixed charges

 

2.6

 

2.5

 

2.5

 

2.2

 

2.2

 

2.1