Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K 2011 - DELTA NATURAL GAS CO INC | form10k2011.htm |
| EX-21 - SUBSIDIARIES OF THE REGISTRANT - DELTA NATURAL GAS CO INC | exhibit21.htm |
| EX-32.2 - CERTIFICATION OF CFO PURSUANT TO SOX - DELTA NATURAL GAS CO INC | exhibit322.htm |
| EX-31.2 - CERTIFICATION OF CFO - DELTA NATURAL GAS CO INC | exhibit312.htm |
| EX-32.1 - CERTIFICATION OF CEO PURSUANT TO SOX - DELTA NATURAL GAS CO INC | exhibit321.htm |
| EX-31.1 - CERTIFICATION OF CEO - DELTA NATURAL GAS CO INC | exhibit311.htm |
| EX-23 - CONSENT OF INDEPENDENT REGISTERED ACCTG FIRM - DELTA NATURAL GAS CO INC | exhibit23.htm |
EXHIBIT 12
DELTA NATURAL GAS COMPANY, INC.
COMPUTATION OF THE CONSOLIDATED RATIO OF EARNINGS
TO FIXED CHARGES
|
2011
|
2010
|
2009
|
2008
|
2007
|
||||||||||||
|
Earnings
|
||||||||||||||||
|
Net income
|
$
|
6,364,895
|
$
|
5,651,817
|
$
|
5,210,729
|
$
|
6,829,868
|
$
|
5,298,347
|
||||||
|
Provisions for income taxes (a)
|
3,759,607
|
3,192,285
|
3,008,396
|
4,146,900
|
3,156,700
|
|||||||||||
|
Fixed charges
|
4,112,798
|
4,194,192
|
4,553,657
|
4,796,489
|
4,673,261
|
|||||||||||
|
Total
|
$
|
14,237,300
|
$
|
13,038,294
|
$
|
12,772,782
|
$
|
15,773,257
|
$
|
13,128,308
|
||||||
|
Fixed Charges
|
||||||||||||||||
|
Interest on debt (a)
|
$
|
3,701,535
|
$
|
3,781,929
|
$
|
4,140,394
|
$
|
4,383,223
|
$
|
4,260,179
|
||||||
|
Amortization of debt
|
387,263
|
387,263
|
387,263
|
387,266
|
387,082
|
|||||||||||
|
One third of rental expense
|
24,000
|
25,000
|
26,000
|
26,000
|
26,000
|
|||||||||||
|
Total
|
$
|
4,112,798
|
$
|
4,194,192
|
$
|
4,553,657
|
$
|
4,796,489
|
$
|
4,673,261
|
||||||
|
Ratio of earnings to fixed charges
|
3.46
|
x
|
3.11
|
x
|
2.80
|
x
|
3.29
|
x
|
2.81
|
x
|
||||||
|
(a)
|
Interest accrued on uncertain tax positions, in accordance with Financial Accounting Standards Board Interpretation No. 48, is presented in income taxes on the 2011, 2010, 2009 and 2008 Consolidated Statements of Income. This interest has been excluded from the determination of fixed charges.
|