Exhibit 12.01
XCEL ENERGY INC.
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(thousands of dollars)
|
| Year Ended December 31, |
| |||||||||||||
|
| 2006 |
| 2005 |
| 2004 |
| 2003 |
| 2002 |
| |||||
Earnings as defined: |
|
|
|
|
|
|
|
|
|
|
| |||||
Pretax income from continuing operations |
| $ | 773,871 |
| $ | 693,024 |
| $ | 701,207 |
| $ | 706,720 |
| $ | 805,063 |
|
Add: Fixed charges |
| 504,943 |
| 485,922 |
| 481,331 |
| 497,023 |
| 466,070 |
| |||||
Deduct: Undistributed equity in earnings (loss) of unconsolidated affiliates |
| 2,775 |
| 712 |
| 3,342 |
| 4,833 |
| (2,644 | ) | |||||
Earnings as defined |
| $ | 1,276,039 |
| $ | 1,178,234 |
| $ | 1,179,196 |
| $ | 1,198,910 |
| $ | 1,273,777 |
|
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
| |||||
Interest charges |
| $ | 504,943 |
| $ | 485,922 |
| $ | 481,331 |
| $ | 474,292 |
| $ | 427,726 |
|
Distributions on redeemable preferred securities of subsidiary trust |
| — |
| — |
| — |
| 22,731 |
| 38,344 |
| |||||
Total fixed charges |
| $ | 504,943 |
| $ | 485,922 |
| $ | 481,331 |
| $ | 497,023 |
| $ | 466,070 |
|
Ratio of earnings to fixed charges |
| 2.5 |
| 2.4 |
| 2.4 |
| 2.4 |
| 2.7 |
| |||||
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