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EXHIBIT 12.01
XCEL ENERGY INC. ($THOUSANDS)
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12 MONTH
2000 Q2 1999 1998 1997 1996 1995
--------- --------- --------- ------- --------- ---------
<S> <C> <C> <C> <C> <C> <C>
Net Income 653,000 570,933 624,330 388,242 546,880 557,288
Add:
Interest Charges 546,419 414,277 344,643 331,760 292,300 274,552
AFC-Debt 19,777 19,287 24,654 21,129 17,207 16,214
Dist. on Redeemable Pref Sec of Trust 38,800 38,800 33,311 22,287 1,526 0
--------- --------- --------- ------- ------- ---------
Financing Costs 604,996 472,364 402,608 375,176 311,033 290,766
Income Taxes 264,630 179,673 240,391 230,629 300,463 315,232
Less:
Undistributed Equity Earnings 143,709 67,926 56,953 36,532 26,365 41,823
Earnings b/f Fixed Charges 1,378,917 1,155,044 1,210,376 957,515 1,132,011 1,121,463
Fixed charges:
Interest charges, excluding AFC - debt, 566,196 433,564 369,297 352,889 309,507 290,766
Dist. on Redeemable Pref Sec of Trust 38,800 38,800 33,311 22,287 1,526 0
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Total fixed charges 604,996 472,364 402,608 375,176 311,033 290,766
Ratio of Earnings to:
Fixed Charges 2.3 2.4 3.0 2.6 3.6 3.9
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