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Exhibit 12.01
PUBLIC SERVICE COMPANY OF COLORADO
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(Thousands of Dollars)
|
| Year ended Dec. 31, |
| |||||||||||||
|
| 2006 |
| 2005 |
| 2004 |
| 2003 |
| 2002 |
| |||||
Earnings as defined: |
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|
| |||||
Pretax income |
| $ | 323,159 |
| $ | 281,657 |
| $ | 290,861 |
| $ | 316,144 |
| $ | 393,366 |
|
Add: Fixed Charges |
| 264,672 |
| 263,516 |
| 266,231 |
| 270,051 |
| 244,269 |
| |||||
Earnings as defined |
| $ | 587,831 |
| $ | 545,173 |
| $ | 557,092 |
| $ | 586,195 |
| $ | 637,635 |
|
Fixed charges: |
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Interest charges |
| $ | 264,672 |
| $ | 263,516 |
| $ | 266,231 |
| $ | 262,679 |
| $ | 229,525 |
|
Distributions on redeemable preferred securities of subsidiary trust |
| — |
| — |
| — |
| 7,372 |
| 14,744 |
| |||||
Total fixed charges |
| $ | 264,672 |
| $ | 263,516 |
| $ | 266,231 |
| $ | 270,051 |
| $ | 244,269 |
|
Ratio of earnings to fixed charges |
| 2.2 |
| 2.1 |
| 2.1 |
| 2.2 |
| 2.6 |
| |||||