Attached files
| file | filename |
|---|---|
| EX-32.3 - EXHIBIT 32.3 - IDAHO POWER CO | copyofida63015ex323.htm |
| EX-32.4 - EXHIBIT 32.4 - IDAHO POWER CO | copyofida63015ex324.htm |
| EX-31.4 - EXHIBIT 31.4 - IDAHO POWER CO | copyofida63015ex314.htm |
| EX-32.2 - EXHIBIT 32.2 - IDAHO POWER CO | copyofida63015ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - IDAHO POWER CO | copyofida63015ex321.htm |
| EX-31.3 - EXHIBIT 31.3 - IDAHO POWER CO | copyofida63015ex313.htm |
| EX-31.1 - EXHIBIT 31.1 - IDAHO POWER CO | copyofida63015ex311.htm |
| EX-15.2 - EXHIBIT 15.2 - IDAHO POWER CO | copyofida63015ex152.htm |
| EX-15.1 - EXHIBIT 15.1 - IDAHO POWER CO | copyofida63015ex151.htm |
| EX-31.2 - EXHIBIT 31.2 - IDAHO POWER CO | copyofida63015ex312.htm |
| EX-12.2 - EXHIBIT 12.2 - IDAHO POWER CO | copyofida63015ex122.htm |
| EX-95.1 - EXHIBIT 95.1 - IDAHO POWER CO | copyofida63015ex951-minesa.htm |
| 10-Q - 10-Q - IDAHO POWER CO | copyofida6301510q.htm |
Exhibit 12.1
IDACORP, Inc.
Consolidated Financial Information
Ratio of Earnings to Fixed Charges and Supplemental Ratio of Earnings to Fixed Charges
(Thousands of Dollars)
Six months ended June 30, | Twelve Months Ended | |||||||||||||||||
December 31, | ||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||
Income from continuing operations before income taxes | $ | 105,287 | $ | 210,526 | $ | 254,520 | $ | 206,992 | $ | 125,795 | $ | 152,568 | ||||||
Adjust for distributed income of equity investees | 2,613 | (6,797 | ) | 4,812 | 7,704 | (8,993 | ) | (7,317 | ) | |||||||||
Fixed charges, as below | 46,764 | 90,012 | 90,236 | 87,635 | 86,758 | 86,806 | ||||||||||||
Total earnings, as defined | $ | 154,664 | $ | 293,741 | $ | 349,568 | $ | 302,331 | $ | 203,560 | $ | 232,057 | ||||||
Fixed charges, as defined: | ||||||||||||||||||
Interest charges (1) | $ | 46,057 | $ | 88,265 | $ | 88,695 | $ | 85,799 | $ | 85,097 | $ | 85,840 | ||||||
Rental interest factor | 707 | 1,747 | 1,541 | 1,836 | 1,661 | 966 | ||||||||||||
Total fixed charges, as defined | $ | 46,764 | $ | 90,012 | $ | 90,236 | $ | 87,635 | $ | 86,758 | $ | 86,806 | ||||||
Ratio of earnings to fixed charges | 3.31x | 3.26x | 3.87x | 3.45x | 2.35x | 2.67x | ||||||||||||
SUPPLEMENTAL RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||
Income from continuing operations before income taxes | $ | 105,287 | $ | 210,526 | $ | 254,520 | $ | 206,992 | $ | 125,795 | $ | 152,568 | ||||||
Adjust for distributed income of equity investees | 2,613 | (6,797 | ) | 4,812 | 7,704 | (8,993 | ) | (7,317 | ) | |||||||||
Supplemental fixed charges, as below | 46,890 | 90,356 | 90,741 | 88,266 | 87,544 | 87,870 | ||||||||||||
Total earnings, as defined | $ | 154,790 | $ | 294,085 | $ | 350,073 | $ | 302,962 | $ | 204,346 | $ | 233,121 | ||||||
Supplemental fixed charges: | ||||||||||||||||||
Interest charges (1) | $ | 46,057 | $ | 88,265 | $ | 88,695 | $ | 85,799 | $ | 85,097 | $ | 85,840 | ||||||
Rental interest factor | 707 | 1,747 | 1,541 | 1,836 | 1,661 | 966 | ||||||||||||
Supplemental increment to fixed charges (2) | 126 | 344 | 505 | 631 | 786 | 1,064 | ||||||||||||
Total supplemental fixed charges | $ | 46,890 | $ | 90,356 | $ | 90,741 | $ | 88,266 | $ | 87,544 | $ | 87,870 | ||||||
Supplemental ratio of earnings to fixed charges | 3.30x | 3.25x | 3.86x | 3.43x | 2.33x | 2.65x | ||||||||||||
(1) FIN 48 interest is not included in interest charges. | ||||||||||||||||||
(2) Explanation of increment - Interest on the guaranty of American Falls Reservoir District bonds and Milner Dam, Inc. notes which are already included in operation expenses. | ||||||||||||||||||