Attached files
| file | filename |
|---|---|
| EX-31.(A) - EX-31.(A) - EMPIRE DISTRICT ELECTRIC CO | a16-17203_1ex31da.htm |
| 10-Q - 10-Q - EMPIRE DISTRICT ELECTRIC CO | a16-17203_110q.htm |
| EX-32.(B) - EX-32.(B) - EMPIRE DISTRICT ELECTRIC CO | a16-17203_1ex32db.htm |
| EX-32.(A) - EX-32.(A) - EMPIRE DISTRICT ELECTRIC CO | a16-17203_1ex32da.htm |
| EX-31.(B) - EX-31.(B) - EMPIRE DISTRICT ELECTRIC CO | a16-17203_1ex31db.htm |
EXHIBIT (12)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Twelve |
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Months Ended |
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September 30, 2016 |
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Income before provision for income taxes and fixed charges (Note A) |
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$ |
153,906,420 |
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Fixed charges: |
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Interest on long-term debt |
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$ |
45,193,071 |
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Interest on short-term debt |
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130,636 |
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Other interest |
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1,110,856 |
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Rental expense representative of an interest factor (Note B) |
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9,807,802 |
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Total fixed charges |
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$ |
56,242,365 |
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Ratio of earnings to fixed charges |
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2.74x |
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NOTE A: For the purpose of determining earnings in the calculation of the ratio, net income has been increased by the provision for income taxes, non-operating income taxes and by the sum of fixed charges as shown above.
NOTE B: One-third of rental expense (which approximates the interest factor).