Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - TUCSON ELECTRIC POWER CO | c00007e10vq.htm |
| EX-31.D - EXHIBIT 31(D) - TUCSON ELECTRIC POWER CO | c00007exv31wd.htm |
| EX-15 - EXHIBIT 15 - TUCSON ELECTRIC POWER CO | c00007exv15.htm |
| EX-32 - EXHIBIT 32 - TUCSON ELECTRIC POWER CO | c00007exv32.htm |
| EX-12.B - EXHIBIT 12(B) - TUCSON ELECTRIC POWER CO | c00007exv12wb.htm |
| EX-31.C - EXHIBIT 31(C) - TUCSON ELECTRIC POWER CO | c00007exv31wc.htm |
| EX-31.A - EXHIBIT 31(A) - TUCSON ELECTRIC POWER CO | c00007exv31wa.htm |
| EX-31.B - EXHIBIT 31(B) - TUCSON ELECTRIC POWER CO | c00007exv31wb.htm |
Exhibit 12a
UniSource Energy Corporation
Computation of Ratio of Earnings to Fixed Charges
Computation of Ratio of Earnings to Fixed Charges
| 3 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||
| March 31, | March 31, | Dec. 31, | Dec. 31, | Dec. 31, | Dec. 31, | Dec. 31, | ||||||||||||||||||||||
| 2010 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||||
| -Thousands of Dollars- | ||||||||||||||||||||||||||||
Fixed Charges: |
||||||||||||||||||||||||||||
Interest on Long-Term Debt |
$ | 15,240 | $ | 58,731 | $ | 58,134 | $ | 70,227 | $ | 73,095 | $ | 75,039 | $ | 76,762 | ||||||||||||||
Other Interest (1) |
886 | 3,884 | 3,468 | 1,837 | 5,480 | 7,922 | 3,153 | |||||||||||||||||||||
Interest on Capital Lease Obligations |
13,602 | 50,650 | 53,682 | 57,272 | 64,499 | 72,586 | 79,098 | |||||||||||||||||||||
Estimated Interest Portion of Rental Expense |
63 | 322 | 345 | 188 | 258 | 326 | 391 | |||||||||||||||||||||
Total Fixed Charges |
$ | 29,791 | $ | 113,587 | $ | 115,629 | $ | 129,524 | $ | 143,332 | $ | 155,873 | $ | 159,404 | ||||||||||||||
Net Income |
$ | 19,972 | $ | 119,311 | $ | 104,258 | $ | 14,021 | $ | 58,373 | $ | 67,447 | $ | 46,144 | ||||||||||||||
Add: |
||||||||||||||||||||||||||||
Discontinued Operations Loss — Net of Tax |
— | — | — | — | — | 1,796 | 5,483 | |||||||||||||||||||||
Cumulative Effect of Accounting Change Loss — Net of Tax |
— | — | — | — | — | — | 626 | |||||||||||||||||||||
Net Income from Continuing Operations |
19,972 | 119,311 | 104,258 | 14,021 | 58,373 | 69,243 | 52,253 | |||||||||||||||||||||
Add (Deduct): |
||||||||||||||||||||||||||||
(Income) Losses from Equity Investees |
(76 | ) | 1,731 | 1,834 | 713 | 340 | (210 | ) | (2,113 | ) | ||||||||||||||||||
Income Taxes |
12,435 | 73,526 | 64,348 | 16,976 | 39,079 | 43,936 | 37,623 | |||||||||||||||||||||
Total Fixed Charges |
29,791 | 113,587 | 115,629 | 129,524 | 143,332 | 155,873 | 159,404 | |||||||||||||||||||||
Total Earnings before Taxes and Fixed Charges |
$ | 62,122 | $ | 308,155 | $ | 286,069 | $ | 161,234 | $ | 241,124 | $ | 268,842 | $ | 247,167 | ||||||||||||||
Ratio of Earnings to Fixed Charges |
2.085 | 2.713 | 2.474 | 1.245 | 1.682 | 1.725 | 1.551 | |||||||||||||||||||||
| (1) | Excludes recognition of Allowance for Borrowed Funds Used During Construction. |