Attached files
file | filename |
---|---|
EX-32 - EXHIBIT 32 - ATMOS ENERGY CORP | ato20170331ex-32.htm |
EX-31 - EXHIBIT 31 - ATMOS ENERGY CORP | ato20170331ex-31.htm |
EX-15 - EXHIBIT 15 - ATMOS ENERGY CORP | ato20170331ex-15.htm |
10-Q - 10-Q - ATMOS ENERGY CORP | ato2017033110-q.htm |
Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
Three Months Ended March 31 | Six Months Ended March 31 | |||||||||||||||
2017 | 2016 | 2017 | 2016 | |||||||||||||
(Dollars in thousands) | ||||||||||||||||
Income from continuing operations before provision for income taxes per statement of income | $ | 259,061 | $ | 223,768 | $ | 436,955 | $ | 386,081 | ||||||||
Add: | ||||||||||||||||
Portion of rents representative of the interest factor | 3,029 | 3,134 | 6,268 | 6,276 | ||||||||||||
Interest on debt & amortization of debt expense | 26,944 | 27,559 | 57,974 | 57,096 | ||||||||||||
Income as adjusted | $ | 289,034 | $ | 254,461 | $ | 501,197 | $ | 449,453 | ||||||||
Fixed charges: | ||||||||||||||||
Interest on debt & amortization of debt expense (1) | $ | 26,944 | $ | 27,559 | $ | 57,974 | $ | 57,096 | ||||||||
Capitalized interest (2) | 469 | 652 | 915 | 1,369 | ||||||||||||
Rents | 9,088 | 9,401 | 18,804 | 18,827 | ||||||||||||
Portion of rents representative of the interest factor (3) | 3,029 | 3,134 | 6,268 | 6,276 | ||||||||||||
Fixed charges (1)+(2)+(3) | $ | 30,442 | $ | 31,345 | $ | 65,157 | $ | 64,741 | ||||||||
Ratio of earnings to fixed charges | 9.49 | 8.12 | 7.69 | 6.94 |