AVISTA CORP - FORM 10-K - EX-12 - STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGE - February 26, 2010

Attached files

file	filename
EX-21 - SUBSIDIARIES OF REGISTRANT - AVISTA CORP	dex21.htm
EX-32 - CERTIFICATION OF CORPORATE OFFICERS - AVISTA CORP	dex32.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - AVISTA CORP	dex23.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - AVISTA CORP	dex312.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - AVISTA CORP	dex311.htm
10-K - FORM 10-K - AVISTA CORP	d10k.htm

EXHIBIT 12

AVISTA CORPORATION

Computation of Ratio of Earnings to Fixed Charges

Consolidated

(Thousands of Dollars)


		Years Ended December 31
		2009				2008				2007				2006				2005
Fixed charges, as defined:
Interest charges		$	61,361			$	74,914			$	80,095			$	88,426			$	84,952
Amortization of debt expense and premium - net			5,673				4,673				6,345				7,741				7,762
Interest portion of rentals			1,874				1,601				1,612				1,802				2,394

Total fixed charges		$	68,908			$	81,188			$	88,052			$	97,969			$	95,108

Earnings, as defined:
Pre-tax income from continuing operations		$	134,971			$	120,382			$	63,061			$	114,927			$	70,752
Add (deduct):
Capitalized interest			(545	)			(4,612	)			(3,864	)			(2,934	)			(1,689	)
Total fixed charges above			68,908				81,188				88,052				97,969				95,108

Total earnings		$	203,334			$	196,958			$	147,249			$	209,962			$	164,171

Ratio of earnings to fixed charges			2.95				2.43				1.67				2.14				1.73