EX-12.01 3 ex12_01.htm EXHIBIT 12.01
Exhibit 12.01

NSP-WISCONSIN AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)

 
  
Nine Months Ended
    
   
   
   
   
 
 
  
Sept. 30,
    
Year Ended Dec. 31
  
 
  
2013
    
2012
    
2011
    
2010
    
2009
    
2008
  
Earnings, as defined:
  
   
   
   
   
   
 
Pretax income from operations
  
$
84,020
    
$
79,509
    
$
84,620
    
$
68,861
    
$
72,981
    
$
73,295
  
Add: Fixed charges
    
21,219
      
25,215
      
24,628
      
24,897
      
25,102
      
25,934
  
Total earnings, as defined
  
$
105,239
    
$
104,724
    
$
109,248
    
$
93,758
    
$
98,083
    
$
99,229
  
 
                                                
Fixed charges, as defined:
                                                
Interest charges
  
$
20,860
    
$
24,799
    
$
24,168
    
$
24,517
    
$
24,782
    
$
25,641
  
Interest component of leases
    
359
      
416
      
460
      
380
      
320
      
293
  
Total fixed charges, as defined
  
$
21,219
    
$
25,215
    
$
24,628
    
$
24,897
    
$
25,102
    
$
25,934
  
Ratio of earnings to fixed charges
    
5.0
      
4.2
      
4.4
      
3.8
      
3.9
      
3.8