Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - PUGET ENERGY INC /WA | pe-2015630x10q.htm |
| EX-12.2 - PSE RATIO OF EARNINGS TO FIXED CHARGES - PUGET ENERGY INC /WA | pe-ex122_2015630xq2.htm |
| EX-31.1 - PUGET ENERGY CHIEF EXECUTIVE OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex311_2015630xq2.htm |
| EX-31.2 - PUGET ENERGY CHIEF FINANCIAL OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex312_2015630xq2.htm |
| EX-31.3 - PSE CHIEF EXECUTIVE OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex313_2015630xq2.htm |
| EX-31.4 - PSE CHIEF FINANCIAL OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex314_2015630xq2.htm |
| EX-32.1 - CHIEF EXECUTIVE OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex321_2015630xq2.htm |
| EX-32.2 - CHIEF FINANCIAL OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex322_2015630xq2.htm |
| 10-Q - PUGET ENERGY AND PSE FORM 10-Q - PUGET ENERGY INC /WA | pe201563010qfinal.pdf |
Exhibit 12.1 | ||||||||||||||||||
PUGET ENERGY | ||||||||||||||||||
STATEMENT SETTING FORTH COMPUTATIONS OF RATIOS OF | ||||||||||||||||||
EARNINGS TO FIXED CHARGES | ||||||||||||||||||
(Dollars in Thousands) | ||||||||||||||||||
12 Months | ||||||||||||||||||
Ended | Years Ended | |||||||||||||||||
June 30, | December 31, | |||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||
Earnings Available For Fixed Charges: | ||||||||||||||||||
Pre-tax income: | ||||||||||||||||||
Income from continuing operations before income taxes | $ | 223,273 | $ | 228,820 | $ | 408,136 | $ | 378,546 | $ | 157,050 | $ | 32,792 | ||||||
AFUDC - equity | (7,432 | ) | (7,002 | ) | (15,930 | ) | (25,469 | ) | (32,430 | ) | (12,677 | ) | ||||||
AFUDC - debt | (6,057 | ) | (5,611 | ) | (11,261 | ) | (22,216 | ) | (29,949 | ) | (14,157 | ) | ||||||
Total | $ | 209,784 | $ | 216,207 | $ | 380,945 | $ | 330,861 | $ | 94,671 | $ | 5,958 | ||||||
Fixed charges: | ||||||||||||||||||
Interest expense | $ | 363,612 | $ | 367,308 | $ | 392,264 | $ | 392,216 | $ | 371,910 | $ | 321,167 | ||||||
Other interest | 7,432 | 7,002 | 15,930 | 25,469 | 32,430 | 12,677 | ||||||||||||
Portion of rentals representative of the interest factor | 11,071 | 10,732 | 10,257 | 10,251 | 8,767 | 5,391 | ||||||||||||
Total | $ | 382,115 | $ | 385,042 | $ | 418,451 | $ | 427,936 | $ | 413,107 | $ | 339,235 | ||||||
Earnings available for combined fixed charges | $ | 591,899 | $ | 601,249 | $ | 799,396 | $ | 758,797 | $ | 507,778 | $ | 345,193 | ||||||
Ratio of Earnings to Fixed Charges | 1.55x | 1.56x | 1.91x | 1.77x | 1.23x | 1.02x | ||||||||||||