EX-12.01 4 a07-31295_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 Dec. 31,

 

 

 

2006 

 

2005 

 

2004 

 

2003 

 

2002 

 

 

 

(As 
restated)

 

(As 
restated)

 

(As 
restated)

 

(As 
restated)

 

(As 
restated)

 

Earnings as defined:

 

 

 

 

 

 

 

 

 

 

 

Pretax income

 

$

323,159

 

$

281,657

 

$

290,861

 

$

316,144

 

$

393,366

 

Add: Fixed Charges

 

264,672

 

263,516

 

266,231

 

270,051

 

244,269

 

Earnings as defined

 

$

587,831

 

$

545,173

 

$

557,092

 

$

586,195

 

$

637,635

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest charges

 

$

264,672

 

$

263,516

 

$

266,231

 

$

262,679

 

$

229,525

 

Distributions on redeemable preferred securities of subsidiary trust

 

—

 

—

 

—

 

7,372

 

14,744

 

Total fixed charges

 

$

264,672

 

$

263,516

 

$

266,231

 

$

270,051

 

$

244,269

 

Ratio of earnings to fixed charges

 

2.2

 

2.1

 

2.1

 

2.2

 

2.6