Attached files
| file | filename |
|---|---|
| 10-K - SOUTH JERSEY GAS COMPANY 10-K 12-31-2010 - SOUTH JERSEY GAS Co | form10k.htm |
| EX-23 - EXHIBIT 23 - SOUTH JERSEY GAS Co | ex23.htm |
| EX-3.B - EXHIBIT 3(B) - SOUTH JERSEY GAS Co | ex3b.htm |
| EX-21 - EXHIBIT 21 - SOUTH JERSEY GAS Co | ex21.htm |
| EX-32.1 - EXHIBIT 32.1 - SOUTH JERSEY GAS Co | ex32_1.htm |
| EX-31.1 - EXHIBIT 31.1 - SOUTH JERSEY GAS Co | ex31_1.htm |
| EX-31.2 - EXHIBIT 31.2 - SOUTH JERSEY GAS Co | ex31_2.htm |
| EX-32.2 - EXHIBIT 32.2 - SOUTH JERSEY GAS Co | ex32_2.htm |
Exhibit 12
SOUTH JERSEY GAS COMPANY
Calculation of Ratio of Earnings to Fixed Charges
(IN THOUSANDS)
|
Fiscal Year Ended December 31,
|
||||||||||||||||||||
|
2010
|
2009
|
2008
|
2007
|
2006
|
||||||||||||||||
|
Net Income
|
$
|
43,925
|
$
|
39,195
|
$
|
39,431
|
$
|
38,025
|
$
|
35,779
|
||||||||||
|
Income Taxes, Net
|
29,678
|
27,104
|
26,508
|
26,652
|
24,811
|
|||||||||||||||
|
Fixed Charges*
|
18,010
|
16,764
|
19,089
|
20,928
|
22,274
|
|||||||||||||||
|
Capitalized Interest
|
(369
|
)
|
(322
|
)
|
(152
|
)
|
(151
|
)
|
(175
|
)
|
||||||||||
|
Total Available for Coverage
|
$
|
91,244
|
$
|
82,741
|
$
|
84,876
|
$
|
85,454
|
$
|
82,689
|
||||||||||
|
Total Available
|
5.1
|
x
|
4.9
|
x
|
4.4
|
x
|
4.1
|
x
|
3.7
|
x
|
||||||||||
|
Fixed Charges
|
||||||||||||||||||||
* Fixed charges consist of interest charges (rentals are not material).