Attached files
| file | filename |
|---|---|
| 8-K - ALABAMA POWER CO | al2011b-c8k.htm |
| EX-1.1A - ALABAMA POWER CO | x1-1a.htm |
| EX-1.1B - ALABAMA POWER CO | x1-1b.htm |
| EX-5.1A - ALABAMA POWER CO | x5-1a.htm |
| EX-4.2A - ALABAMA POWER CO | x4-2a.htm |
| EX-4.2B - ALABAMA POWER CO | x4-2b.htm |
| EX-5.1B - ALABAMA POWER CO | x5-1b.htm |
| Exhibit 12.1 | ||||||||||||||||||
| 5/17/2011 | ||||||||||||||||||
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ALABAMA 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, 2010
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and the year to date March 31, 2011
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Three
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Months
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Ended
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Year ended December 31,
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March 31,
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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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2011
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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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875,256
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$
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969,492
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$
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1,026,387
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$
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1,095,813
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$
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1,213,008
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$
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258,804
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Interest expense, net of amounts capitalized
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254,229
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275,814
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280,920
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300,365
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305,083
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74,721
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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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7,939
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17,991
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20,252
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33,183
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14,034
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2,101
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Earnings as defined
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$
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1,137,424
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$
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1,263,297
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$
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1,327,559
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$
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1,429,361
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$
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1,532,125
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$
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335,626
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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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231,061
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$
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250,511
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$
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264,620
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$
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288,723
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$
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288,732
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$
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69,851
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Interest on affiliated loans
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16,764
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15,369
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11,619
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10,343
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7,264
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1,774
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Interest on interim obligations
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1,873
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1,915
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1,070
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69
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15
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43
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Amort of debt disc, premium and expense, net
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12,986
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14,542
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11,776
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11,138
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10,502
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2,564
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Other interest charges
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(516)
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11,468
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12,087
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23,275
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12,604
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2,590
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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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262,168
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$
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293,805
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$
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301,172
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$
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333,548
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$
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319,117
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$
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76,822
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RATIO OF EARNINGS TO FIXED CHARGES
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4.34
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4.30
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4.41
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4.29
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4.80
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4.37
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