Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - ARIZONA PUBLIC SERVICE CO | c98580e10vq.htm |
| EX-10.4 - EXHIBIT 10.4 - ARIZONA PUBLIC SERVICE CO | c98580exv10w4.htm |
| EX-31.3 - EXHIBIT 31.3 - ARIZONA PUBLIC SERVICE CO | c98580exv31w3.htm |
| EX-31.2 - EXHIBIT 31.2 - ARIZONA PUBLIC SERVICE CO | c98580exv31w2.htm |
| EX-12.3 - EXHIBIT 12.3 - ARIZONA PUBLIC SERVICE CO | c98580exv12w3.htm |
| EX-10.2 - EXHIBIT 10.2 - ARIZONA PUBLIC SERVICE CO | c98580exv10w2.htm |
| EX-31.4 - EXHIBIT 31.4 - ARIZONA PUBLIC SERVICE CO | c98580exv31w4.htm |
| EX-10.1 - EXHIBIT 10.1 - ARIZONA PUBLIC SERVICE CO | c98580exv10w1.htm |
| EX-10.3 - EXHIBIT 10.3 - ARIZONA PUBLIC SERVICE CO | c98580exv10w3.htm |
| EX-12.1 - EXHIBIT 12.1 - ARIZONA PUBLIC SERVICE CO | c98580exv12w1.htm |
| EX-32.2 - EXHIBIT 32.2 - ARIZONA PUBLIC SERVICE CO | c98580exv32w2.htm |
| EX-32.1 - EXHIBIT 32.1 - ARIZONA PUBLIC SERVICE CO | c98580exv32w1.htm |
| EX-31.1 - EXHIBIT 31.1 - ARIZONA PUBLIC SERVICE CO | c98580exv31w1.htm |
Exhibit 12.2
ARIZONA PUBLIC SERVICE COMPANY
COMPUTATION OF EARNINGS TO FIXED CHARGES
(dollars in thousands)
COMPUTATION OF EARNINGS TO FIXED CHARGES
(dollars in thousands)
| Three Months | ||||||||||||||||||||||||
| Ended | ||||||||||||||||||||||||
| March 31, | Twelve Months Ended December 31, | |||||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||||||
Earnings: |
||||||||||||||||||||||||
Income from
continuing operations
attributable
to common shareholder |
$ | 10,984 | $ | 251,225 | $ | 262,344 | $ | 283,940 | $ | 269,730 | $ | 170,479 | ||||||||||||
Income taxes |
(6,283 | ) | 152,574 | 107,261 | 151,157 | 138,927 | 98,010 | |||||||||||||||||
Fixed charges |
58,229 | 227,274 | 206,896 | 195,144 | 184,059 | 171,126 | ||||||||||||||||||
Total earnings |
$ | 62,930 | $ | 631,073 | $ | 576,501 | $ | 630,241 | $ | 592,716 | $ | 439,615 | ||||||||||||
Fixed Charges: |
||||||||||||||||||||||||
Interest charges |
$ | 55,594 | $ | 218,969 | $ | 197,964 | $ | 186,702 | $ | 176,459 | $ | 164,626 | ||||||||||||
Amortization of debt
discount |
1,137 | 4,675 | 4,702 | 4,639 | 4,363 | 4,085 | ||||||||||||||||||
Estimated interest
portion of annual
rents |
1,498 | 3,630 | 4,230 | 3,803 | 3,237 | 2,415 | ||||||||||||||||||
Total fixed charges |
$ | 58,229 | $ | 227,274 | $ | 206,896 | $ | 195,144 | $ | 184,059 | $ | 171,126 | ||||||||||||
Ratio of Earnings to
Fixed Charges (rounded
down) |
1.08 | 2.77 | 2.78 | 3.22 | 3.22 | 2.56 | ||||||||||||||||||