Attached files

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EX-32.01 - EXHIBIT 32.01 - SCANA CORPa2016331-exhibit3201.htm
EX-32.02 - EXHIBIT 32.02 - SCANA CORPa2016331-exhibit3202.htm
EX-31.03 - EXHIBIT 31.03 - SCANA CORPa2016331-exhibit3103.htm
EX-31.04 - EXHIBIT 31.04 - SCANA CORPa2016331-exhibit3104.htm
EX-31.02 - EXHIBIT 31.02 - SCANA CORPa2016331-exhibit3102.htm
10-Q - 10-Q - SCANA CORPa2016331-10q.htm
EX-31.01 - EXHIBIT 31.01 - SCANA CORPa2016331-exhibit3101.htm

Exhibit 12.01
COMPUTATION OF RATIOS
March 31, 2016
RATIO OF EARNINGS TO FIXED CHARGES
SCANA:
 
Three Months Ended March 31, 2016
 
Twelve Months Ended March 31, 2016
 
Years ended December 31,
Dollars in Millions
 
 
 
2015
2014
2013
2012
2011
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$85.7

 

$334.0

 

$327.8


$318.2


$305.9


$301.3


$287.0

Amortization of debt premium, discount and expense (net)
 
1.1

 
4.5

 
4.7

9.7

5.3

4.9

4.8

Interest component on rentals
 
0.9

 
3.7

 
3.7

4.1

4.9

4.9

5.2

Total Fixed Charges (A)
 

$87.7

 

$342.2

 

$336.2


$332.0


$316.1


$311.1


$297.0

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$255.5

 
$766.5
 

$1138.4


$786.0


$693.8


$601.6


$555.6

Total fixed charges above
 
87.7

 
342.2

 
336.2

332.0

316.1

311.1

297.0

Pretax equity in (earnings) losses of investees
 
0.1

 
0.8

 
0.8

(1.4
)
(3.2
)
(3.3
)
(2.9
)
Cash distributions from equity investees
 
0.9

 
3.5

 
4.0

7.4

9.6

3.3

3.6

Total Earnings (B)
 
$344.2
 
$1,113.0
 
$1,479.4
$1,124.0
$1,016.3

$912.7


$853.3

Ratio of Earnings to Fixed Charges (B/A)
 
3.92

 
3.25

 
4.40

3.39

3.22

2.93

2.87



SCE&G:
 
Three Months Ended March 31, 2016
 
Twelve Months Ended March 31, 2016
 
Years ended December 31,
Dollars in Millions
 
 
 
2015
2014
2013
2012
2011
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$68.2

 

$265.3

 

$258.4


$237.6


$226.4


$217.4


$207.8

Amortization of debt premium, discount and expense (net)
 
0.9

 
3.5

 
3.7

4.4

4.2

3.9

3.9

Interest component on rentals
 
1.0

 
4.1

 
4.1

4.0

4.5

3.2

3.6

Total Fixed Charges (A)
 

$70.1

 

$272.9

 

$266.2


$246.0


$235.1


$224.5


$215.3

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$172.4

 

$699.1

 

$711.0


$676.0


$579.7


$509.5


$456.5

Total fixed charges above
 
70.1

 
272.9

 
266.2

246.0

235.1

224.5

215.3

Pretax equity in losses of investees
 
1.0

 
4.4

 
5.0

5.3

3.5

3.8

2.3

Total Earnings (B)
 

$243.5

 

$976.4

 

$982.2


$927.3


$818.3


$737.8


$674.1

Ratio of Earnings to Fixed Charges (B/A)
 
3.47

 
3.58

 
3.69

3.77

3.48

3.29

3.13