EX-12.01 6 ex12-01.htm EXHIBIT 12.01 Unassociated Document
Exhibit 12.01
 
XCEL ENERGY INC. AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands of dollars)
   
Year Ended Dec. 31,
  
   
2010
    
2009
    
2008
    
2007
    
2006
  
Earnings as defined:
                              
Pretax income from operations
   $ 1,188,591     $ 1,056,838     $ 984,406     $ 870,383     $ 750,092  
Add: Fixed charges
     708,529       705,740       654,080       722,561       622,554  
Deduct: Undistributed equity in earnings of unconsolidated affiliates
     29,948       24,664       3,571       1,900       2,775  
Earnings as defined
   $ 1,867,172     $ 1,737,914     $ 1,634,915     $ 1,591,044     $ 1,369,871  
                                         
Fixed charges:
                                        
Interest charges
   $ 577,291     $ 561,654     $ 552,919     $ 563,438     $ 486,967  
Interest charges on life insurance policy borrowings
     372       324       248       105,396       117,536  
Interest component of leases
     130,866       143,762       100,913       53,727       18,051  
Total fixed charges
   $ 708,529     $ 705,740     $ 654,080     $ 722,561     $ 622,554  
Ratio of earnings to fixed charges
     2.6       2.5       2.5       2.2       2.2