Attached files
| file | filename |
|---|---|
| 8-K - GEORGIA POWER CO | ga2012a8-k.htm |
| EX-4.2 - GEORGIA POWER CO | x4-2.htm |
| EX-5.1 - GEORGIA POWER CO | x5-1.htm |
| EX-1.4 - GEORGIA POWER CO | x1-4.htm |
| Exhibit 12.1 | |||||||||||||||||
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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, 2011
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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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Millions 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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1,254
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$
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1,402
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$
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1,236
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$
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1,414
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$
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1,781
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Distributed income of equity investees
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2
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4
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-
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3
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14
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Interest expense, net of amounts capitalized
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344
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346
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386
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375
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343
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Interest component of rental expense
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10
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17
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22
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43
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60
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AFUDC - Debt funds
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29
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40
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40
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54
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37
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Earnings as defined
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$
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1,639
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$
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1,809
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$
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1,684
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$
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1,889
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$
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2,235
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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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269
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$
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324
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$
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371
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$
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377
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$
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362
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Interest on affiliated loans
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66
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22
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13
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13
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9
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Interest on interim obligations
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9
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3
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1
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-
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-
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Amort of debt disc, premium and expense, net
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18
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20
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20
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21
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23
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Other interest charges
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11
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16
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20
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19
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(14)
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Interest component of rental expense
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10
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18
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22
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42
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60
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Fixed charges as defined
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$
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383
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$
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403
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$
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447
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$
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472
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$
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440
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RATIO OF EARNINGS TO FIXED CHARGES
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4.28
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4.49
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3.76
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4.00
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5.08
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