Attached files
file | filename |
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8-K - GEORGIA POWER CO | ga8k2011a.htm |
EX-4.2 - GEORGIA POWER CO | ex4-2.htm |
EX-5.1 - GEORGIA POWER CO | ex5-1.htm |
EX-1.4 - GEORGIA POWER CO | ex1-4.htm |
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Exhibit 12.1 | |||||||||||||||||
1/4/2011 | ||||||||||||||||||
GEORGIA POWER COMPANY
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Computation of ratio of earnings to fixed charges for
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the five years ended December 31, 2009
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and the year to date September 30, 2010
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Nine
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Months
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Ended
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Year ended December 31,
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September 30, | |||||||||||||||||
2005
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2006
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2007
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2008
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2009
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2010
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------------------------------------------Thousands of Dollars------------------------------------------
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EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K:
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Earnings before income taxes
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$
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1,197,831
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$
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1,236,845
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$
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1,262,231
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$
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1,410,963
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$
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1,244,272
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$
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1,344,390
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Interest expense, net of amounts capitalized
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297,313
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319,893
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345,538
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347,418
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387,759
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276,366
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Distributions on mandatorily redeemable preferred securities
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0
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0
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0
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0
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0
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0
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AFUDC - Debt funds
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11,811
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12,354
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28,470
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39,610
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39,790
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38,972
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Earnings as defined
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$
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1,506,955
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$
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1,569,092
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$
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1,636,239
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$
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1,797,991
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$
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1,671,821
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$
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1,659,728
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FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K:
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Interest on long-term debt
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$
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215,263
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$
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217,954
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$
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270,429
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$
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325,774
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$
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372,998
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$
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284,438
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||||||
Interest on affiliated loans
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68,735
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87,672
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65,769
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22,574
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13,097
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9,448
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Interest on interim obligations
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0
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0
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8,463
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3,114
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538
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0
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Amort of debt disc, premium and expense, net
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17,109
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17,054
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18,432
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19,994
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20,329
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16,067
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Other interest charges
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8,017
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9,567
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10,915
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15,572
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20,587
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5,385
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Distributions on mandatorily redeemable preferred securities
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0
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0
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0
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0
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0
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0
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Fixed charges as defined
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$
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309,124
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$
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332,247
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$
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374,008
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$
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387,028
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$
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427,549
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$
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315,338
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RATIO OF EARNINGS TO FIXED CHARGES
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4.87
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4.72
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4.37
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4.65
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3.91
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5.26
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