SCANA CORP - FORM 10-Q - EX-12.01 - EXHIBIT 12.01 - August 5, 2016

Attached files

file filename
10-Q - 10-Q - SCANA CORPa2016630-10q.htm
EX-32.02 - EXHIBIT 32.02 - SCANA CORPa2016630-exhibit3202.htm
EX-32.01 - EXHIBIT 32.01 - SCANA CORPa2016630-exhibit3201.htm
EX-31.04 - EXHIBIT 31.04 - SCANA CORPa2016630-exhibit3104.htm
EX-31.03 - EXHIBIT 31.03 - SCANA CORPa2016630-exhibit3103.htm
EX-31.02 - EXHIBIT 31.02 - SCANA CORPa2016630-exhibit3102.htm
EX-31.01 - EXHIBIT 31.01 - SCANA CORPa2016630-exhibit3101.htm

Exhibit 12.01
COMPUTATION OF RATIOS
June 30, 2016
RATIO OF EARNINGS TO FIXED CHARGES
SCANA:
 
Six Months Ended June 30, 2016
 
Twelve Months Ended June 30, 2016
 
Years ended December 31,
Dollars in Millions
 
 
 
2015
2014
2013
2012
2011
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$172.9

 

$341.0

 

$327.8


$318.2


$305.9


$301.3


$287.0

Amortization of debt premium, discount and expense (net)
 
2.3

 
4.5

 
4.7

9.7

5.3

4.9

4.8

Interest component on rentals
 
1.7

 
3.6

 
3.7

4.1

4.9

4.9

5.2

Total Fixed Charges (A)
 

$176.9

 

$349.1

 

$336.2


$332.0


$316.1


$311.1


$297.0

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$406.3

 
$768.3
 
$1,138.4

$786.0


$693.8


$601.6


$555.6

Total fixed charges above
 
176.9

 
349.1

 
336.2

332.0

316.1

311.1

297.0

Pretax equity in (earnings) losses of investees
 
0.3

 
0.8

 
0.8

(1.4
)
(3.2
)
(3.3
)
(2.9
)
Cash distributions from equity investees
 
1.9

 
3.9

 
4.0

7.4

9.6

3.3

3.6

Total Earnings (B)
 
$585.4
 
$1,122.1
 
$1,479.4
$1,124.0
$1,016.3

$912.7


$853.3

Ratio of Earnings to Fixed Charges (B/A)
 
3.31

 
3.21

 
4.40

3.39

3.22

2.93

2.87



SCE&G:
 
Six Months Ended June 30, 2016
 
Twelve Months Ended June 30, 2016
 
Years ended December 31,
Dollars in Millions
 
 
 
2015
2014
2013
2012
2011
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$137.7

 

$271.5

 

$258.4


$237.6


$226.4


$217.4


$207.8

Amortization of debt premium, discount and expense (net)
 
1.7

 
3.5

 
3.7

4.4

4.2

3.9

3.9

Interest component on rentals
 
2.0

 
4.0

 
4.1

4.0

4.5

3.2

3.6

Total Fixed Charges (A)
 

$141.4

 

$279.0

 

$266.2


$246.0


$235.1


$224.5


$215.3

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$336.6

 

$697.6

 

$711.0


$676.0


$579.7


$509.5


$456.5

Total fixed charges above
 
141.4

 
279.0

 
266.2

246.0

235.1

224.5

215.3

Pretax equity in losses of investees
 
2.2

 
4.5

 
5.0

5.3

3.5

3.8

2.3

Total Earnings (B)
 

$480.2

 

$981.1

 

$982.2


$927.3


$818.3


$737.8


$674.1

Ratio of Earnings to Fixed Charges (B/A)
 
3.40

 
3.52

 
3.69

3.77

3.48

3.29

3.13



SCANA CORP Reports