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-12.1 - EXHIBIT 12.1 - IDAHO POWER CO | copyofida63015ex121.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-95.1 - EXHIBIT 95.1 - IDAHO POWER CO | copyofida63015ex951-minesa.htm |
| 10-Q - 10-Q - IDAHO POWER CO | copyofida6301510q.htm |
Exhibit 12.2
Idaho Power Company
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 | $ | 104,779 | $ | 208,903 | $ | 253,001 | $ | 204,138 | $ | 123,351 | $ | 151,347 | ||||||
Adjust for distributed income of equity investees | 3,065 | (7,228 | ) | 4,659 | 8,509 | (9,018 | ) | (6,526 | ) | |||||||||
Fixed charges, as below | 46,628 | 89,751 | 89,819 | 87,162 | 86,249 | 85,579 | ||||||||||||
Total earnings, as defined | $ | 154,472 | $ | 291,426 | $ | 347,479 | $ | 299,809 | $ | 200,582 | $ | 230,400 | ||||||
Fixed charges, as defined: | ||||||||||||||||||
Interest charges (1) | $ | 45,936 | $ | 88,034 | $ | 88,309 | $ | 85,359 | $ | 84,626 | $ | 84,651 | ||||||
Rental interest factor | 692 | 1,717 | 1,510 | 1,803 | 1,623 | 928 | ||||||||||||
Total fixed charges, as defined | $ | 46,628 | $ | 89,751 | $ | 89,819 | $ | 87,162 | $ | 86,249 | $ | 85,579 | ||||||
Ratio of earnings to fixed charges | 3.31x | 3.25x | 3.87x | 3.44x | 2.33x | 2.69x | ||||||||||||
SUPPLEMENTAL RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||
Income from continuing operations before income taxes | $ | 104,779 | $ | 208,903 | $ | 253,001 | $ | 204,138 | $ | 123,351 | $ | 151,347 | ||||||
Adjust for distributed income of equity investees | 3,065 | (7,228 | ) | 4,659 | 8,509 | (9,018 | ) | (6,526 | ) | |||||||||
Supplemental fixed charges, as below | 46,754 | 90,095 | 90,324 | 87,793 | 87,035 | 86,643 | ||||||||||||
Total earnings, as defined | $ | 154,598 | $ | 291,770 | $ | 347,984 | $ | 300,440 | $ | 201,368 | $ | 231,464 | ||||||
Supplemental fixed charges: | ||||||||||||||||||
Interest charges (1) | $ | 45,936 | $ | 88,034 | $ | 88,309 | $ | 85,359 | $ | 84,626 | $ | 84,651 | ||||||
Rental interest factor | 692 | 1,717 | 1,510 | 1,803 | 1,623 | 928 | ||||||||||||
Supplemental increment to fixed charges (2) | 126 | 344 | 505 | 631 | 786 | 1,064 | ||||||||||||
Total supplemental fixed charges | $ | 46,754 | $ | 90,095 | $ | 90,324 | $ | 87,793 | $ | 87,035 | $ | 86,643 | ||||||
Supplemental ratio of earnings to fixed charges | 3.31x | 3.24x | 3.85x | 3.42x | 2.31x | 2.67x | ||||||||||||
(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. | ||||||||||||||||||