Attached files
file | filename |
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EX-32 - EXHIBIT 32. - QUESTAR CORP | str10k4q2009ex32.htm |
EX-21 - EXHIBIT 21. - QUESTAR CORP | str10k4q2009ex21.htm |
EX-23 - EXHIBIT 23.2. - QUESTAR CORP | str10k4q2009ex232.htm |
EX-31 - EXHIBIT 31.1. - QUESTAR CORP | str10k4q2009ex311.htm |
EX-23 - EXHIBIT 23.3. - QUESTAR CORP | str10k4q2009ex233.htm |
EX-31 - EXHIBIT 31.2. - QUESTAR CORP | str10k4q2009ex312.htm |
EX-23 - EXHIBIT 23.1. - QUESTAR CORP | str10k4q2009ex231.htm |
EX-24 - EXHIBIT 24. - QUESTAR CORP | str10k4q2009ex24poa.htm |
EXCEL - IDEA: XBRL DOCUMENT - QUESTAR CORP | Financial_Report.xls |
10-K - 10-K - QUESTAR CORP | str10k4q2009.htm |
Exhibit 12.
Questar Corporation
Ratio of Earnings to Fixed Charges
| Year Ended December 31, | |||
| 2009 | 2008 | 2007 | |
| (dollars in millions) | |||
Earnings |
|
|
| |
Pre-tax income from continuing operations before Adjustment for income or loss from equity investees | $611.4 | $1,068.5 | $789.1 | |
Add (deduct): |
|
|
| |
Fixed charges | 135.9 | 130.3 | 83.9 | |
Distributed income from equity investees | 4.4 | 0.5 | 10.4 | |
Capitalized interest | (1.2) | (6.1) | (8.0) | |
Noncontrolling interest in pre-tax income of Subsidiaries that have not incurred fixed charges | (2.6) | (9.0) |
| |
| $747.9 | $1,184.2 | $875.4 | |
|
|
|
| |
Fixed Charges |
|
|
| |
Interest expense | $128.7 | $ 119.5 | $ 72.2 | |
Capitalized interest | 1.2 | 6.1 | 8.0 | |
Estimate of the interest within rental expense | 6.0 | 4.7 | 3.7 | |
| $135.9 | $ 130.3 | $ 83.9 | |
|
|
|
| |
Ratio of Earnings to Fixed Charges | 5.5 | 9.1 | 10.4 |
For purposes of this presentation, earnings represent income before income taxes adjusted for fixed charges, earnings and distributions of equity investees. Income before income taxes includes Questars share of pretax earnings of equity investees. Fixed charges consist of total interest charges (expensed and capitalized), amortization of debt issuance costs and losses from reacquired debt, and the interest portion of rental expense estimated at 50%.