Attached files
| file | filename |
|---|---|
| 10-K - SOUTH JERSEY GAS COMPANY 10-K 12-31-2009 - SOUTH JERSEY GAS Co | form10k.htm |
| EX-23 - EXHIBIT 23 - SOUTH JERSEY GAS Co | ex23.htm |
| EX-21 - EXHIBIT 21 - SOUTH JERSEY GAS Co | ex21.htm |
| EX-3.B - EXHIBIT 3B - SOUTH JERSEY GAS Co | ex3b.htm |
| EX-31.2 - EXHIBIT 31.2 - SOUTH JERSEY GAS Co | ex31_2.htm |
| EX-32.1 - EXHIBIT 32.1 - SOUTH JERSEY GAS Co | ex32_1.htm |
| EX-32.2 - EXHIBIT 32.2 - SOUTH JERSEY GAS Co | ex32_2.htm |
| EX-31.1 - EXHIBIT 31.1 - SOUTH JERSEY GAS Co | ex31_1.htm |
Exhibit
12
|
SOUTH
JERSEY GAS COMPANY
|
||||||||||||||||||||
|
Calculation
of Ratio of Earnings to Fixed Charges
|
||||||||||||||||||||
|
(IN
THOUSANDS)
|
||||||||||||||||||||
|
Fiscal
Year Ended December 31,
|
||||||||||||||||||||
|
2009
|
2008
|
2007
|
2006
|
2005
|
||||||||||||||||
|
Net
Income
|
$
|
39,195
|
$
|
39,431
|
$
|
38,025
|
$
|
35,779
|
$
|
34,547
|
||||||||||
|
Income
Taxes, Net
|
27,104
|
26,508
|
26,652
|
24,811
|
25,185
|
|||||||||||||||
|
Fixed
Charges*
|
16,764
|
19,089
|
20,928
|
22,274
|
19,317
|
|||||||||||||||
|
Capitalized
Interest
|
(322
|
)
|
(152
|
)
|
(151
|
)
|
(175
|
)
|
(1,161
|
)
|
||||||||||
|
Total
Available for Coverage
|
$
|
82,741
|
$
|
84,876
|
$
|
85,454
|
$
|
82,689
|
$
|
77,888
|
||||||||||
|
Total
Available
|
4.9
|
x
|
4.4
|
x
|
4.1
|
x
|
3.7
|
x
|
4.0
|
x
|
||||||||||
|
Fixed
Charges
|
||||||||||||||||||||
* Fixed
charges consist of interest charges and preferred dividend requirement amounting
to $45,000 in 2005 (rentals are not material).