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EXCEL - IDEA: XBRL DOCUMENT - Cleco Corporate Holdings LLCFinancial_Report.xls
EX-95 - EXHIBIT 95 - Cleco Corporate Holdings LLCcnl-33115xq1ex95.htm
EX-31.4 - EXHIBIT 31.4 - Cleco Corporate Holdings LLCcnl-33115xq1ex314.htm
EX-31.3 - EXHIBIT 31.3 - Cleco Corporate Holdings LLCcnl-33115xq1ex313.htm
EX-32.2 - EXHIBIT 32.2 - Cleco Corporate Holdings LLCcnl-33115xq1ex322.htm
EX-31.1 - EXHIBIT 31.1 - Cleco Corporate Holdings LLCcnl-33115xq1ex311.htm
EX-31.2 - EXHIBIT 31.2 - Cleco Corporate Holdings LLCcnl-33115xq1ex312.htm
EX-32.1 - EXHIBIT 32.1 - Cleco Corporate Holdings LLCcnl-33115xq1ex321.htm
EX-12.B - EXHIBIT 12(B) - Cleco Corporate Holdings LLCcnl-33115xq1ex12b.htm
EX-32.3 - EXHIBIT 32.3 - Cleco Corporate Holdings LLCcnl-33115xq1ex323.htm
EX-32.4 - EXHIBIT 32.4 - Cleco Corporate Holdings LLCcnl-33115xq1ex324.htm
10-Q - 10-Q - Cleco Corporate Holdings LLCcnl-3312015xq1.htm


CLECO CORPORATION
EXHIBIT 12(a)
 
 
Computation of Ratios of Earnings to Fixed Charges
 
 
 
 
(THOUSANDS, EXCEPT RATIOS)
FOR THE THREE MONTHS ENDED MAR. 31, 2015

 
FOR THE TWELVE MONTHS ENDED DEC. 31, 2014

 
Earnings from continuing operations
$
26,922

 
$
154,739

 
Income taxes
17,328

 
67,116

 
Earnings from continuing operations before income taxes
$
44,250

 
$
221,855

 
Fixed charges:
 
 
 
 
Interest
$
19,641

 
$
71,959

 
Amortization of debt expense, premium, net
802

 
3,227

 
Portion of rentals representative of an interest factor
125

 
489

 
Interest of capitalized lease
100

 
488

 
Total fixed charges
$
20,668

 
$
76,163

 
Earnings from continuing operations before income taxes
$
44,250

 
$
221,855

 
Plus:  total fixed charges from above
20,668

 
76,163

 
Plus:  amortization of capitalized interest
128

 
511

 
Earnings from continuing operations before income taxes and fixed charges
$
65,046

 
$
298,529

 
Ratio of earnings to fixed charges
3.15

X
3.92

X