EX-12.01 2 ex12_01.htm EXHIBIT 12.01 Unassociated Document

Exhibit 12.01
 
NSP-WISCONSIN AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands of dollars)
 
   
Year Ended Dec. 31,
 
   
2010
   
2009
   
2008
   
2007
   
2006
 
Earnings as defined:
                             
Pretax income from continuing operations
  $ 68,861     $ 72,981     $ 73,295     $ 59,984     $ 68,142  
Add: Fixed charges
    24,897       25,102       25,934       23,589       23,920  
Earnings as defined
  $ 93,758     $ 98,083     $ 99,229     $ 83,573     $ 92,062  
                                         
Fixed charges:
                                       
Interest charges
  $ 24,517     $ 24,782     $ 25,641     $ 22,967     $ 23,149  
Interest component of leases
    380       320       293       622       771  
Total fixed charges
  $ 24,897     $ 25,102     $ 25,934     $ 23,589     $ 23,920  
Ratio of earnings to fixed charges
    3.8       3.9       3.8       3.5       3.8