Attached files

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EXCEL - IDEA: XBRL DOCUMENT - SCANA CORPFinancial_Report.xls
EX-31.04 - EXHIBIT 31.04 - SCANA CORPa2015331-exhibit3104.htm
EX-31.01 - EXHIBIT 31.01 - SCANA CORPa2015331-exhibit3101.htm
EX-32.01 - EXHIBIT 32.01 - SCANA CORPa2015331-exhibit3201.htm
EX-31.03 - EXHIBIT 31.03 - SCANA CORPa2015331-exhibit3103.htm
EX-31.02 - EXHIBIT 31.02 - SCANA CORPa2015331-exhibit3102.htm
EX-10.02 - EXHIBIT 10.02 - SCANA CORPexhibit1002-generalrelease.htm
EX-10.03 - EXHIBIT 10.03 - SCANA CORPexhibit1003-independentcon.htm
10-Q - 10-Q - SCANA CORPa2015331-10q.htm
EX-32.02 - EXHIBIT 32.02 - SCANA CORPa2015331-exhibit3202.htm

Exhibit 12.01
COMPUTATION OF RATIOS
March 31, 2015
RATIO OF EARNINGS TO FIXED CHARGES
SCANA:
 
Three Months Ended March 31, 2015
 
Twelve Months Ended March 31, 2015
 
Years ended December 31,
Dollars in Millions
 
 
 
2014
2013
2012
2011
2010
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$79.5

 

$319.8

 

$318.2


$305.9


$301.3


$287.0


$270.4

Amortization of debt premium, discount and expense (net)
 
1.3

 
9.6

 
9.7

5.3

4.9

4.8

5.1

Interest component on rentals
 
0.8

 
4.0

 
4.1

4.9

4.9

5.2

4.6

Preference security dividend requirement of consolidated subsidiary
 
-

 
-

 
-

-

-

-

0.0

Total Fixed Charges (A)
 

$81.6

 

$333.4

 

$332.0


$316.1


$311.1


$297.0


$280.1

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$627.4

 
$1,136.8
 

$786.0


$693.8


$601.6


$555.6


$535.4

Total fixed charges above
 
81.6

 
333.4

 
332.0

316.1

311.1

297.0

280.1

Pretax equity in (earnings) losses of investees
 
-

 
(0.3
)
 
(1.4
)
(3.2
)
(3.3
)
(2.9
)
(1.1
)
Cash distributions from equity investees
 
1.0

 
4.5

 
7.4

9.6

3.3

3.6

4.8

Preference security dividend requirement from above
 
-

 
-

 
-

-

-

-

0.0

Total Earnings (B)
 
$710.0
 
$1,474.4
 
$1,124.0

$1016.3


$912.7


$853.3


$819.2

Ratio of Earnings to Fixed Charges (B/A)
 
8.70

 
4.42

 
3.39

3.22

2.93

2.87

2.92



SCE&G:
 
Three Months Ended March 31, 2015
 
Twelve Months Ended March 31, 2015
 
Years ended December 31,
Dollars in Millions
 
 
 
2014
2013
2012
2011
2010
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$61.3

 

$241.0

 

$237.6


$226.4


$217.4


$207.8


$192.4

Amortization of debt premium, discount and expense (net)
 
1.1

 
4.4

 
4.4

4.2

3.9

3.9

4.0

Interest component on rentals
 
1.0

 
4.1

 
4.0

4.5

3.2

3.6

3.1

Total Fixed Charges (A)
 

$63.4

 

$249.5

 

$246.0


$235.1


$224.5


$215.3


$199.5

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$184.2

 

$675.2

 

$676.0


$579.7


$509.5


$456.5


$433.6

Total fixed charges above
 
63.4

 
249.5

 
246.0

235.1

224.5

215.3

199.5

Pretax equity in (earnings) losses of investees
 
1.7

 
6.3

 
5.3

3.5

3.8

2.3

2.1

Total Earnings (B)
 

$249.3

 

$931.0

 

$927.3


$818.3


$737.8


$674.1


$635.2

Ratio of Earnings to Fixed Charges (B/A)
 
3.93

 
3.73

 
3.77

3.48

3.29

3.13

3.18