AVISTA CORP - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

file	filename
10-Q - FORM 10-Q - AVISTA CORP	d10q.htm
EX-32 - SECTION 906 CEO AND CFO CERTIFICATION - AVISTA CORP	dex32.htm
EX-15 - LETTER RE: UNAUDITED INTERIM FINANCIAL INFORMATION - AVISTA CORP	dex15.htm
EX-31.2 - SECTION 302 CFO CERTIFICATION - AVISTA CORP	dex312.htm
EX-31.1 - SECTION 302 CEO CERTIFICATION - AVISTA CORP	dex311.htm

Exhibit 12

AVISTA CORPORATION

Computation of Ratio of Earnings to Fixed Charges

Consolidated

(Thousands of Dollars)


	Three months ended March 31, 2010
				Years Ended December 31
				2009			2008			2007			2006			2005
Fixed charges, as defined:
Interest charges	$	18,210		$	61,361		$	74,914		$	80,095		$	88,426		$	84,952
Amortization of debt expense and premium - net		1,051			5,673			4,673			6,345			7,741			7,762
Interest portion of rentals		882			1,874			1,601			1,612			1,802			2,394

Total fixed charges	$	20,143		$	68,908		$	81,188		$	88,052		$	97,969		$	95,108


Earnings, as defined:
Pre-tax income from continuing operations	$	47,184		$	134,971		$	120,382		$	63,061		$	114,927		$	70,752
Add (deduct):
Capitalized interest		(320	)		(545	)		(4,612	)		(3,864	)		(2,934	)		(1,689	)
Total fixed charges above		20,143			68,908			81,188			88,052			97,969			95,108

Total earnings	$	67,007		$	203,334		$	196,958		$	147,249		$	209,962		$	164,171


Ratio of earnings to fixed charges		3.33			2.95			2.43			1.67			2.14			1.73

AVISTA CORP - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - May 7, 2010