EX-12.01 6 a06-12663_1ex12d01.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

Exhibit 12.01

 

XCEL ENERGY INC.

STATEMENT OF COMPUTATION OF

RATIO OF EARNINGS TO FIXED CHARGES

Thousands of Dollars

 

 

 

March 31,

 

December 31,

 

 

 

2006

 

2005

 

2004

 

2003

 

2002

 

2001

 

Earnings as defined:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Pretax income from continuing operations

 

$

203,148

 

$

672,577

 

$

684,199

 

$

693,516

 

$

793,701

 

$

912,672

 

Add:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

148,270

 

576,069

 

561,668

 

566,412

 

526,469

 

470,627

 

Deduct:

 

 

 

 

 

 

 

 

 

 

 

 

 

Undistributed equity in earnings (loss) of unconsolidated affiliates

 

746

 

712

 

3,342

 

4,833

 

(2,644

)

590

 

Earnings as defined

 

350,672

 

1,247,934

 

1,242,525

 

1,255,095

 

1,322,814

 

1,382,709

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest charges within rental expense

 

148,270

 

576,069

 

561,668

 

543,681

 

488,125

 

431,827

 

Preference security dividend requirements of consolidated subsidiaries

 

—

 

—

 

—

 

22,731

 

38,344

 

38,800

 

Total fixed charges

 

$

148,270

 

$

576,069

 

$

561,668

 

$

566,412

 

$

526,469

 

$

470,627

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

2.4

 

2.2

 

2.2

 

2.2

 

2.5

 

2.9