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EXCEL - IDEA: XBRL DOCUMENT - Niska Gas Storage Partners LLCFinancial_Report.xls
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EX-31.2 - EX-31.2 - Niska Gas Storage Partners LLCa2225054zex-31_2.htm
EX-21.1 - EX-21.1 - Niska Gas Storage Partners LLCa2225054zex-21_1.htm
EX-32.1 - EX-32.1 - Niska Gas Storage Partners LLCa2225054zex-32_1.htm
EX-32.2 - EX-32.2 - Niska Gas Storage Partners LLCa2225054zex-32_2.htm
10-K - 10-K - Niska Gas Storage Partners LLCa2225054z10-k.htm
EX-23.1 - EX-23.1 - Niska Gas Storage Partners LLCa2225054zex-23_1.htm

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Exhibit 12.1

Statements Regarding Computation Ratios of Earnings to Fixed Charges

 
  Year Ended March 31,  
 
  2015   2014   2013   2012   2011  

Earnings:

                               

Net earnings (loss) before income taxes

  $ (382,312 ) $ (19,213 ) $ (62,543 ) $ (185,459 ) $ 27,403  

Less: capitalized interest

            (2,928 )   (4,077 )   (2,018 )

Total earnings (loss)

    (382,312 )   (19,213 )   (65,471 )   (189,536 )   25,385  

Fixed Charges

   
 
   
 
   
 
   
 
   
 
 

Interest and debt expense

  $ 51,336   $ 66,315   $ 67,010   $ 74,630   $ 77,007  

Capitalized interest

            2,928     4,077     2,018  

Portion of rentals representing an interest factor

    4,541     3,980     3,742     4,957     1,079  

Total fixed charges

    55,877     70,295     73,680     83,664     80,104  

Earnings (deficit) available for (applied to) fixed charges

   
(326,435

)
 
51,082
   
8,209
   
(105,872

)
 
105,489
 

Ratio of earnings to fixed charges

   
–5.8x
   
0.7x
   
0.1x
   
–1.3x
   
1.3x
 



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Statements Regarding Computation Ratios of Earnings to Fixed Charges