EX-12.01 4 a07-21131_1ex12d01.htm EX-12.01

Exhibit 12.01

PUBLIC SERVICE COMPANY OF COLORADO

STATEMENT OF COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

(Thousands of Dollars)

 

 

Year Ended December 31,

 

 

 

2006

 

2005

 

2004

 

2003

 

2002

 

Earnings as defined:

 

 

 

 

 

 

 

 

 

 

 

Pretax income from continuing operations

 

$

346,938

 

$

302,104

 

$

307,869

 

$

329,347

 

$

404,729

 

Add: Fixed Charges

 

147,061

 

155,731

 

168,115

 

180,700

 

162,982

 

Earnings as defined

 

$

493,999

 

$

457,835

 

$

475,984

 

$

510,047

 

$

567,711

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest charges within rental expense

 

$

147,061

 

$

155,731

 

$

168,115

 

$

173,328

 

$

148,238

 

Preference security dividend requirements of consolidated subsidiaries

 

—

 

—

 

—

 

7,372

 

14,744

 

Total fixed charges

 

$

147,061

 

$

155,731

 

$

168,115

 

$

180,700

 

$

162,982

 

Ratio of earnings to fixed charges

 

3.4

 

2.9

 

2.8

 

2.8

 

3.5