Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - AVISTA CORP | Financial_Report.xls |
| EX-15 - LETTER RE: UNAUDITED INTERIM FINANCIAL INFORMATION - AVISTA CORP | ava-20140630xex15.htm |
| EX-3.2 - BYLAWS AS AMENDED - AVISTA CORP | ava-20140630ex3dot2.htm |
| EX-32 - CERTIFICATION OF CORPORATE OFFICERS - AVISTA CORP | ava-20140630xex32.htm |
| EX-31.2 - CERTIFICATION OF CFO - AVISTA CORP | ava-20140630xex312.htm |
| EX-31.1 - CERTIFICATION OF CEO - AVISTA CORP | ava-20140630xex311.htm |
| 10-Q - 10-Q - AVISTA CORP | ava-20140630x10q.htm |
Exhibit 12
AVISTA CORPORATION
Computation of Ratio of Earnings to Fixed Charges
Consolidated
(Thousands of Dollars)
Six months ended | Years Ended December 31 | |||||||||||||||||||||||
June 30, 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |||||||||||||||||||
Fixed charges, as defined: | ||||||||||||||||||||||||
Interest charges | $ | 35,625 | $ | 75,409 | $ | 73,633 | $ | 69,591 | $ | 72,010 | $ | 61,361 | ||||||||||||
Amortization of debt expense and premium - net | 1,889 | 3,813 | 3,803 | 4,617 | 4,414 | 5,673 | ||||||||||||||||||
Interest portion of rentals | 1,306 | 2,762 | 2,717 | 2,154 | 2,027 | 1,874 | ||||||||||||||||||
Total fixed charges | $ | 38,820 | $ | 81,984 | $ | 80,153 | $ | 76,362 | $ | 78,451 | $ | 68,908 | ||||||||||||
Earnings, as defined: | ||||||||||||||||||||||||
Pre-tax income from continuing operations | $ | 122,709 | $ | 175,524 | $ | 120,061 | $ | 160,171 | $ | 146,105 | $ | 134,971 | ||||||||||||
Add (deduct): | ||||||||||||||||||||||||
Capitalized interest | (1,495 | ) | (3,676 | ) | (2,401 | ) | (2,942 | ) | (298 | ) | (545 | ) | ||||||||||||
Total fixed charges above | 38,820 | 81,984 | 80,153 | 76,362 | 78,451 | 68,908 | ||||||||||||||||||
Total earnings | $ | 160,034 | $ | 253,832 | $ | 197,813 | $ | 233,591 | $ | 224,258 | $ | 203,334 | ||||||||||||
Ratio of earnings to fixed charges | 4.12 | 3.10 | 2.47 | 3.06 | 2.86 | 2.95 | ||||||||||||||||||