Exhibit 12.01
NSP-WISCONSIN AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(amounts in thousands, except ratio)
|
| | | | | | | | | | | | | | | | | | | | | | | |
| Nine Months Ended Sept. 30, 2017 | | Year Ended Dec. 31 |
| | 2016 | | 2015 | | 2014 | | 2013 | | 2012 |
Earnings, as defined: | | | |
| | |
| | |
| | |
| | |
|
Pretax income from operations | $ | 91,441 |
| | $ | 112,037 |
| | $ | 118,874 |
| | $ | 113,045 |
| | $ | 95,877 |
| | $ | 79,509 |
|
Add: Fixed charges | 26,269 |
| | 34,849 |
| | 33,073 |
| | 29,686 |
| | 28,325 |
| | 25,215 |
|
Total earnings, as defined | $ | 117,710 |
| | $ | 146,886 |
| | $ | 151,947 |
| | $ | 142,731 |
| | $ | 124,202 |
| | $ | 104,724 |
|
Fixed charges, as defined: | | | |
| | |
| | |
| | |
| | |
|
Interest charges | $ | 25,985 |
| | $ | 34,452 |
| | $ | 32,731 |
| | $ | 29,273 |
| | $ | 27,797 |
| | $ | 24,799 |
|
Interest component of leases | 284 |
| | 397 |
| | 342 |
| | 413 |
| | 528 |
| | 416 |
|
Total fixed charges, as defined | $ | 26,269 |
| | $ | 34,849 |
| | $ | 33,073 |
| | $ | 29,686 |
| | $ | 28,325 |
| | $ | 25,215 |
|
Ratio of earnings to fixed charges | 4.5 |
| | 4.2 |
| | 4.6 |
| | 4.8 |
| | 4.4 |
| | 4.2 |
|