Attached files
file | filename |
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10-Q - 10-Q - PUGET ENERGY INC /WA | pe-2015630x10q.htm |
EX-12.1 - PUGET ENERGY RATIO OF EARNINGS TO FIXED CHARGES - PUGET ENERGY INC /WA | pe-ex121_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 12.2 | ||||||||||||||||||
PUGET SOUND 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 | $ | 319,910 | $ | 325,955 | $ | 517,015 | $ | 505,478 | $ | 282,237 | $ | 26,217 | ||||||
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 | $ | 306,421 | $ | 313,342 | $ | 489,824 | $ | 457,793 | $ | 219,858 | $ | (617 | ) | |||||
Fixed charges: | ||||||||||||||||||
Interest expense | $ | 261,093 | $ | 264,926 | $ | 261,377 | $ | 247,013 | $ | 231,416 | $ | 235,011 | ||||||
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 | $ | 279,596 | $ | 282,660 | $ | 287,564 | $ | 282,733 | $ | 272,613 | $ | 253,079 | ||||||
Earnings available for combined fixed charges | $ | 586,017 | $ | 596,002 | $ | 777,388 | $ | 740,526 | $ | 492,471 | $ | 252,462 | ||||||
Ratio of Earnings to Fixed Charges | 2.10x | 2.11x | 2.70x | 2.62x | 1.81x | 1.00x |