EX-12.01 7 c66827ex12-01.txt EX-12.01 COMPUTATION OF RATIO OF EARNINGS EXHIBIT 12.01 XCEL ENERGY INC. STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Thousands of Dollars
Rolling 12 ended September 2001 2000 1999 1998 1997 1996 -------------- ----- ----- ----- ----- ---- Earnings: Net Income $ 787,871 $ 526,828 $ 570,933 $ 624,330 $ 388,242 $ 546,880 Add: Income Taxes 388,529 304,865 179,673 240,391 230,629 300,463 Fixed charges 897,232 791,187 472,364 402,608 375,176 311,033 Deduct: Undistributed equity in earnings of unconsolidated affiliates 106,852 87,019 67,926 56,953 36,532 26,365 ---------- ---------- ---------- ---------- ---------- ---------- Earnings 1,966,780 1,535,861 1,155,044 1,210,376 957,515 1,132,011 ========== ========== ========== ========== ========== ========== Fixed charges: Interest charges, excluding AFC - debt, per statement of income 858,432 752,387 433,564 369,297 352,889 309,507 Distributions on redeemable preferred securities of subsidiary trust 38,800 38,800 38,800 33,311 22,287 1,526 ---------- ---------- ---------- ---------- ---------- ---------- Total fixed charges $ 897,232 $ 791,187 $ 472,364 $ 402,608 $ 375,176 $ 311,033 ========== ========== ========== ========== ========== ========== Ratio of earnings to fixed charges 2.2 1.9 2.4 3.0 2.6 3.6 ========== ========== ========== ========== ========== ==========