Attached files
file | filename |
---|---|
10-Q - 10-Q - ATMOS ENERGY CORP | ato2016063010-q.htm |
EX-32 - EXHIBIT 32 - ATMOS ENERGY CORP | ato20160630ex-32.htm |
EX-31 - EXHIBIT 31 - ATMOS ENERGY CORP | ato20160630ex-31.htm |
EX-15 - EXHIBIT 15 - ATMOS ENERGY CORP | ato20160630ex-15.htm |
Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
Three Months Ended June 30 | Nine Months Ended June 30 | |||||||||||||||
2016 | 2015 | 2016 | 2015 | |||||||||||||
(Dollars in thousands) | ||||||||||||||||
Income from continuing operations before provision for income taxes per statement of income | $ | 110,299 | $ | 90,286 | $ | 496,583 | $ | 467,742 | ||||||||
Add: | ||||||||||||||||
Portion of rents representative of the interest factor | 3,193 | 3,041 | 9,469 | 9,320 | ||||||||||||
Interest on debt & amortization of debt expense | 27,698 | 27,955 | 85,741 | 85,166 | ||||||||||||
Income as adjusted | $ | 141,190 | $ | 121,282 | $ | 591,793 | $ | 562,228 | ||||||||
Fixed charges: | ||||||||||||||||
Interest on debt & amortization of debt expense (1) | $ | 27,698 | $ | 27,955 | $ | 85,741 | $ | 85,166 | ||||||||
Capitalized interest (2) | 760 | 493 | 2,129 | 1,525 | ||||||||||||
Rents | 9,581 | 9,122 | 28,408 | 27,960 | ||||||||||||
Portion of rents representative of the interest factor (3) | 3,193 | 3,041 | 9,469 | 9,320 | ||||||||||||
Fixed charges (1)+(2)+(3) | $ | 31,651 | $ | 31,489 | $ | 97,339 | $ | 96,011 | ||||||||
Ratio of earnings to fixed charges | 4.46 | 3.85 | 6.08 | 5.86 |