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Content analysis
?Positive | ||
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Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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- 10-K Annual report
- 2.1.1 Exhibit 2.1.1
- 2.1.2 Exhibit 2.1.2
- 10.3 Exhibit 10.3
- 10.4 Exhibit 10.4
- 10.5 Exhibit 10.5
- 10.5.1 Exhibit 10.5.1
- 10.5.2 Exhibit 10.5.2
- 10.6 Exhibit 10.6
- 12 Exhibit 12 Nu
- 12 Exhibit 12 CL&P
- 12 Exhibit 12 PSNH
- 12 Exhibit 12 Wmeco
- 21 Exhibit 21
- 23.1 Deloitte & Touche
- 23.2 Pricewaterhousecoopers
- 31 Exhibit 31 Nu
- 31.1 Exhibit 31.1 Nu
- 31 Exhibit 31 CL&P
- 31.1 Exhibit 31.1 CL&P
- 31 Exhibit 31 PSNH
- 31.1 Exhibit 31.1 PSNH
- 31 Exhibit 31 Wmeco
- 31.1 Exhibit 31.1 Wmeco
- 32 Exhibit 32 Nu
- 32 Exhibit 32 CL&P
- 32 Exhibit 32 PSNH
- 32 Exhibit 32 Wmeco
The Connecticut Light and Power Company |
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| Exhibit 12 |
Ratio of Earnings to Fixed Charges |
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(Thousands of Dollars) |
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| For the Years Ended December 31, | |||||||||
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| 2010 |
| 2009 |
| 2008 |
| 2007 |
| 2006 |
Earnings, as defined: |
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Net income | $ | 244,143 | $ | 216,316 | $ | 191,158 | $ | 133,564 | $ | 200,007 |
Income tax expense/(benefit) |
| 132,438 |
| 118,847 |
| 77,852 |
| 52,353 |
| (43,961) |
Equity in (earnings)/losses of regional nuclear |
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generating companies |
| (134) |
| (282) |
| (366) |
| (1,901) |
| 854 |
Dividends received from regional equity investees |
| 440 |
| 1,520 |
| - |
| 2,596 |
| 1,407 |
Fixed charges, as below |
| 145,297 |
| 163,887 |
| 165,170 |
| 155,557 |
| 131,923 |
Less: Interest capitalized (including AFUDC) |
| (2,726) |
| (2,203) |
| (12,991) |
| (10,924) |
| (6,610) |
Total earnings, as defined | $ | 519,458 | $ | 498,085 | $ | 420,823 | $ | 331,245 | $ | 283,620 |
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Fixed charges, as defined: |
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Interest on long-term debt (a) | $ | 134,553 | $ | 133,422 | $ | 104,954 | $ | 84,292 | $ | 64,873 |
Interest on rate reduction bonds |
| 7,542 |
| 19,061 |
| 29,129 |
| 37,728 |
| 46,692 |
Other interest (b) |
| (4,357) |
| 3,334 |
| 12,163 |
| 16,413 |
| 6,281 |
Rental interest factor |
| 4,833 |
| 5,867 |
| 5,933 |
| 6,200 |
| 7,467 |
Interest capitalized (including AFUDC) |
| 2,726 |
| 2,203 |
| 12,991 |
| 10,924 |
| 6,610 |
Total fixed charges, as defined | $ | 145,297 | $ | 163,887 | $ | 165,170 | $ | 155,557 | $ | 131,923 |
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Ratio of Earnings to Fixed Charges |
| 3.58 |
| 3.04 |
| 2.55 |
| 2.13 |
| 2.15 |
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(a) Interest on long-term debt amounts include amortized premiums, discounts and capitalized expenses related to indebtedness. | ||||||||||
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(b) For the years ended December 31, 2010, 2009, 2008 and 2007, other interest includes interest related to accounting for uncertain tax positions. |