Xcel Energy 2009 Annual Report Download - page 90

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Item 7A — Quantitative and Qualitative Disclosures About Market Risk
See Management’s Discussion and Analysis under Item 7, incorporated by reference.
Item 8 — Financial Statements and Supplementary Data
See Item 15-1 in Part IV for an index of financial statements included herein.
See Note 21 to the consolidated financial statements for summarized quarterly financial data.
Management Report on Internal Controls Over Financial Reporting
The management of Xcel Energy is responsible for establishing and maintaining adequate internal control over financial
reporting. Xcel Energy’s internal control system was designed to provide reasonable assurance to the company’s
management and board of directors regarding the preparation and fair presentation of published financial statements.
All internal control systems, no matter how well designed, have inherent limitations. Therefore, even those systems
determined to be effective can provide only reasonable assurance with respect to financial statement preparation and
presentation.
Xcel Energy management assessed the effectiveness of the company’s internal control over financial reporting as of
Dec. 31, 2009. In making this assessment, it used the criteria set forth by the Committee of Sponsoring Organizations
of the Treadway Commission (COSO) in Internal Control — Integrated Framework. Based on our assessment, we believe
that, as of Dec. 31, 2009, the company’s internal control over financial reporting is effective based on those criteria.
Xcel Energy’s independent auditors have issued an audit report on the company’s internal control over financial
reporting. Their report appears herein.
/s/ RICHARD C. KELLY /s/ DAVID M. SPARBY
Richard C. Kelly David M. Sparby
Chairman and Chief Executive Officer Vice President and Chief Financial Officer
February 26, 2010 February 26, 2010
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