EX-12.01 2 ex12_01.htm EXHIBIT 12.01 ex12_01.htm
Exhibit 12.01
 
NSP-WISCONSIN AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)

   
Year Ended Dec. 31
  
   
2012
    
2011
    
2010
    
2009
    
2008
  
Earnings, as defined:
                              
Pretax income from operations
   $ 79,509     $ 84,620     $ 68,861     $ 72,981     $ 73,295  
Add: Fixed charges
     25,215       24,628       24,897       25,102       25,934  
Total earnings, as defined
   $ 104,724     $ 109,248     $ 93,758     $ 98,083     $ 99,229  
                                         
Fixed charges, as defined:
                                        
Interest charges
   $ 24,799     $ 24,168     $ 24,517     $ 24,782     $ 25,641  
Interest component of leases
     416       460       380       320       293  
Total fixed charges, as defined
   $ 25,215     $ 24,628     $ 24,897     $ 25,102     $ 25,934  
Ratio of earnings to fixed charges
     4.2       4.4       3.8       3.9       3.8