- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
- 10-K Annual report
- 4.1 Exhibit 4.1 Es Amended and Restated Credit Agreement
- 4.2 Exhibit 4.2 Nstar Electric Amended and Restated Credit Agreement
- 10.1.1 Exhibit 10.1.1 Eversource & PSNH Amendment to Stabilization Agreement
- 10.3 Exhibit 10.3 Eversource Energy Summary of Trustee Compensation
- 10.5 Exhibit 10.5 Eversource Supplemental Executive Retirement Plan
- 10.6 Exhibit 10.6 Eversource Energy Deferred Compensation Plan
- 12 Exhibit 12 Eversource Energy
- 12 Exhibit 12 CL&P
- 12 Exhibit 12 Nstar Electric
- 12 Exhibit 12 PSNH
- 12 Exhibit 12 Wmeco
- 21 Exhibit 21 Subsidiaries of the Registrants
- 23 Exhibit 23 Deloitte & Touche Consent
- 31 Exhibit 31 Eversoure Energy
- 31.1 Exhibit 31.1 Eversource Energy
- 31 Exhibit 31 CL&P
- 31.1 Exhibit 31.1 CL&P
- 31 Exhibit 31 Nstar Electric
- 31.1 Exhibit 31.1 Nstar Electric
- 31 Exhibit 31 PSNH
- 31.1 Exhibit 31.1 PSNH
- 31 Exhibit 31 Wmeco
- 31.1 Exhibit 31.1 Wmeco
- 32 Exhibit 32 Eversource Energy
- 32 Exhibit 32 CL&P
- 32 Exhibit 32 Nstar Electric
- 32 Exhibit 32 PSNH
- 32 Exhibit 32 Wmeco
- Download Excel data file
- View Excel data file
Eversource Energy and Subsidiaries |
|
|
|
|
|
|
|
| Exhibit 12 | ||||||
Ratio of Earnings to Fixed Charges | |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| For the Years Ended December 31, | |||||||||||||
(Thousands of Dollars) |
| 2015 |
|
| 2014 |
|
| 2013 |
|
| 2012 (a) |
|
| 2011 | |
Earnings, as defined: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Net income | $ | 886,004 |
| $ | 827,065 |
| $ | 793,689 |
| $ | 533,077 |
| $ | 400,513 |
| Income tax expense |
| 539,967 |
|
| 468,297 |
|
| 426,941 |
|
| 274,926 |
|
| 170,953 |
| Equity in earnings of regional equity investees |
| (883) |
|
| (1,044) |
|
| (1,318) |
|
| (1,154) |
|
| (671) |
| Dividends received from regional equity investees |
| - |
|
| - |
|
| 582 |
|
| 733 |
|
| 940 |
| Fixed charges, as below |
| 397,392 |
|
| 386,451 |
|
| 362,403 |
|
| 353,616 |
|
| 275,948 |
| Less: Interest capitalized (including AFUDC) |
| (7,221) |
|
| (5,766) |
|
| (4,062) |
|
| (5,261) |
|
| (11,758) |
| Preferred dividend security requirements of |
| (12,532) |
|
| (12,532) |
|
| (12,803) |
|
| (11,715) |
|
| (9,265) |
Total earnings, as defined | $ | 1,802,727 |
| $ | 1,662,471 |
| $ | 1,565,432 |
| $ | 1,144,222 |
| $ | 826,660 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed charges, as defined: |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| Interest expense | $ | 372,420 |
| $ | 362,106 |
| $ | 338,699 |
| $ | 329,945 |
| $ | 250,425 |
| Rental interest factor |
| 5,219 |
|
| 6,047 |
|
| 6,839 |
|
| 6,695 |
|
| 4,500 |
| Preferred dividend security requirements of |
| 12,532 |
|
| 12,532 |
|
| 12,803 |
|
| 11,715 |
|
| 9,265 |
| Interest capitalized (including AFUDC) |
| 7,221 |
|
| 5,766 |
|
| 4,062 |
|
| 5,261 |
|
| 11,758 |
Total fixed charges, as defined | $ | 397,392 |
| $ | 386,451 |
| $ | 362,403 |
| $ | 353,616 |
| $ | 275,948 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Earnings to Fixed Charges |
| 4.54 |
|
| 4.30 |
|
| 4.32 |
|
| 3.24 |
|
| 3.00 | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) NSTAR amounts were included in Eversource beginning April 10, 2012. |
|
|
|