Attached files
file | filename |
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EX-95 - EXHIBIT 95 - ALLETE INC | exhibit9512-31x2015.htm |
EX-21 - EXHIBIT 21 - ALLETE INC | exhibit2112-31x2015.htm |
EX-32 - EXHIBIT 32 - ALLETE INC | exhibit3212-31x2015.htm |
EX-23 - EXHIBIT 23 - ALLETE INC | exhibit2312-31x2015.htm |
EX-31.B - EXHIBIT 31.B - ALLETE INC | exhibit31b12-31x2015.htm |
EX-31.A - EXHIBIT 31.A - ALLETE INC | exhibit31a12-31x2015.htm |
EX-10.K2 - EXHIBIT 10.K2 - ALLETE INC | exhibit10k212-31x2015.htm |
EX-10.K3 - EXHIBIT 10.K3 - ALLETE INC | exhibit10k312-31x2015.htm |
EX-10.E6 - EXHIBIT 10.E6 - ALLETE INC | exhibit10e612-31x2015.htm |
10-K - 10-K - ALLETE INC | ale12312015-10k.htm |
EX-99 - EXHIBIT 99 - ALLETE INC | exhibit9912-31x2015.htm |
Exhibit 12
ALLETE
Computation of Ratios of Earnings to Fixed Charges (Unaudited)
Year Ended December 31 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||
Millions | |||||||||||||||||
Earnings as Defined | |||||||||||||||||
Pretax Income Before Non-Controlling Interest | $166.8 | $162.2 | $133.3 | $135.0 | $129.2 | ||||||||||||
Add: | Fixed Charges | 71.9 | 62.5 | 56.7 | 51.2 | 47.6 | |||||||||||
Less: | Undistributed Income from Less than 50 percent Owned Equity Investment | 1.8 | 2.6 | 4.1 | 3.8 | 3.8 | |||||||||||
Earnings as Defined | $236.9 | $222.1 | $185.9 | $182.4 | $173.0 | ||||||||||||
Fixed Charges | |||||||||||||||||
Interest on Long-Term Debt | $64.7 | $55.6 | $50.9 | $47.0 | $43.1 | ||||||||||||
Other Interest Charges | 1.4 | 2.0 | 1.2 | 0.4 | 1.6 | ||||||||||||
Interest Component of All Rentals (a) | 5.8 | 4.9 | 4.6 | 3.8 | 2.9 | ||||||||||||
Total Fixed Charges | $71.9 | $62.5 | $56.7 | $51.2 | $47.6 | ||||||||||||
Ratio of Earnings to Fixed Charges | 3.29 | 3.55 | 3.28 | 3.56 | 3.63 |
(a) | Represents interest portion of rents estimated at 33 1/3 percent. |