Exhibit 12.01
NSP-MINNESOTA AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
Three Months Ended March 31, 2016 | Year Ended Dec. 31 | ||||||||||||||||||||||
| 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||
| Earnings, as defined: | |||||||||||||||||||||||
| Pretax income from operations | $ | 141,097 | $ | 537,573 | $ | 603,005 | $ | 575,203 | $ | 515,665 | $ | 544,630 | |||||||||||
| Add: Fixed charges | 61,546 | 240,148 | 233,386 | 227,301 | 243,317 | 249,587 | |||||||||||||||||
| Total earnings, as defined | $ | 202,643 | $ | 777,721 | $ | 836,391 | $ | 802,504 | $ | 758,982 | $ | 794,217 | |||||||||||
| Fixed charges, as defined: | |||||||||||||||||||||||
| Interest charges | $ | 54,015 | $ | 208,763 | $ | 199,667 | $ | 191,889 | $ | 201,158 | $ | 208,003 | |||||||||||
| Interest component of leases | 7,531 | 31,385 | 33,719 | 35,412 | 42,159 | 41,584 | |||||||||||||||||
| Total fixed charges, as defined | $ | 61,546 | $ | 240,148 | $ | 233,386 | $ | 227,301 | $ | 243,317 | $ | 249,587 | |||||||||||
| Ratio of earnings to fixed charges | 3.3 | 3.2 | 3.6 | 3.5 | 3.1 | 3.2 | |||||||||||||||||