Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - PUGET ENERGY INC /WA | pe-2017331x10q.htm |
| EX-32.2 - CHIEF FINANCIAL OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex322_2017331xq1.htm |
| EX-32.1 - CHIEF EXECUTIVE OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex321_2017331xq1.htm |
| EX-31.4 - PSE CHIEF FINANCIAL OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex314_2017331xq1.htm |
| EX-31.3 - PSE CHIEF EXECUTIVE OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex313_2017331xq1.htm |
| EX-31.2 - PUGET ENERGY CHIEF FINANCIAL OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex312_2017331xq1.htm |
| EX-31.1 - PUGET ENERGY CHIEF EXECUTIVE OFFICER CERTIFICATION - PUGET ENERGY INC /WA | pe-ex311_2017331xq1.htm |
| EX-12.1 - PUGET ENERGY RATIO OF EARNINGS TO FIXED CHARGES - PUGET ENERGY INC /WA | pe-ex121_2017331xq1.htm |
Exhibit 12.2 | ||||||||||||||||||
PUGET SOUND ENERGY | ||||||||||||||||||
STATEMENT SETTING FORTH COMPUTATIONS OF RATIOS OF | ||||||||||||||||||
EARNINGS TO FIXED CHARGES | ||||||||||||||||||
(Dollars in Thousands) | ||||||||||||||||||
12 Months | ||||||||||||||||||
Ended | Years Ended | |||||||||||||||||
March 31, | December 31, | |||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||
Earnings Available For Fixed Charges: | ||||||||||||||||||
Pre-tax income: | ||||||||||||||||||
Income from continuing operations before income taxes | $ | 543,174 | $ | 555,928 | $ | 430,089 | $ | 325,955 | $ | 517,015 | $ | 505,478 | ||||||
AFUDC - equity | (12,183 | ) | (12,576 | ) | (9,325 | ) | (7,002 | ) | (15,930 | ) | (25,469 | ) | ||||||
AFUDC - debt | (9,121 | ) | (9,304 | ) | (7,575 | ) | (5,611 | ) | (11,261 | ) | (22,216 | ) | ||||||
Total | $ | 521,870 | $ | 534,048 | $ | 413,189 | $ | 313,342 | $ | 489,824 | $ | 457,793 | ||||||
Fixed charges: | ||||||||||||||||||
Interest expense | $ | 242,669 | $ | 242,983 | $ | 247,571 | $ | 264,926 | $ | 261,377 | $ | 247,013 | ||||||
Other interest | 12,183 | 12,576 | 9,325 | 7,002 | 15,930 | 25,469 | ||||||||||||
Portion of rentals representative of the interest factor (a) | 8,248 | 8,061 | 8,980 | 10,732 | 10,257 | 10,251 | ||||||||||||
Total | $ | 263,100 | $ | 263,620 | $ | 265,876 | $ | 282,660 | $ | 287,564 | $ | 282,733 | ||||||
Earnings available for combined fixed charges | $ | 784,970 | $ | 797,668 | $ | 679,065 | $ | 596,002 | $ | 777,388 | $ | 740,526 | ||||||
Ratio of Earnings to Fixed Charges | 2.98x | 3.03x | 2.55x | 2.11x | 2.70x | 2.62x | ||||||||||||
(a) Represents interest portion of rents estimated at 33 1/3 percent.