EX-12.01 7 a2194308zex-12_01.htm EXHIBIT 12.01

Exhibit 12.01

 

XCEL ENERGY, INC. AND SUBSIDIARIES

STATEMENT OF COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

(Thousands of Dollars)

 

 

 

 

 

Year Ended December 31,

 

 

 

YTD 6/09

 

2008

 

2007

 

2006

 

2005

 

2004

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations before income taxes and equity earnings

 

$

431,456

 

$

980,835

 

$

868,483

 

$

747,317

 

$

671,865

 

$

680,857

 

Add: Fixed charges

 

351,304

 

654,080

 

722,561

 

622,554

 

593,707

 

579,447

 

Earnings as defined

 

$

782,760

 

$

1,634,915

 

$

1,591,044

 

$

1,369,871

 

$

1,265,572

 

$

1,260,304

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest charges

 

$

281,100

 

$

552,919

 

$

563,438

 

$

486,967

 

$

463,370

 

$

458,294

 

Interest charges on life insurance policy borrowings

 

28

 

248

 

105,396

 

117,536

 

107,610

 

98,094

 

Interest component of leases

 

70,176

 

100,913

 

53,727

 

18,051

 

22,727

 

23,059

 

Total fixed charges

 

$

351,304

 

$

654,080

 

$

722,561

 

$

622,554

 

$

593,707

 

$

579,447

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

2.2

 

2.5

 

2.2

 

2.2

 

2.1

 

2.2