Attached files
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EX-32.02 - EX-32.02 - Southwest Gas Holdings, Inc. | d342968dex3202.htm |
EX-32.01 - EX-32.01 - Southwest Gas Holdings, Inc. | d342968dex3201.htm |
EX-31.02 - EX-31.02 - Southwest Gas Holdings, Inc. | d342968dex3102.htm |
EX-31.01 - EX-31.01 - Southwest Gas Holdings, Inc. | d342968dex3101.htm |
10-Q - FORM 10-Q - Southwest Gas Holdings, Inc. | d342968d10q.htm |
Exhibit 12.01
SOUTHWEST GAS HOLDINGS, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Thousands of dollars)
For the Twelve Months Ended | ||||||||||||||||||||||||
Mar 31, | December 31, | |||||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||
1. Fixed charges: |
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A) Interest expense |
$ | 74,027 | $ | 73,000 | $ | 71,661 | $ | 71,234 | $ | 62,958 | $ | 67,148 | ||||||||||||
B) Amortization |
1,798 | 1,835 | 1,884 | 2,063 | 2,002 | 2,001 | ||||||||||||||||||
C) Interest portion of rentals |
19,755 | 19,438 | 16,678 | 11,802 | 11,809 | 10,605 | ||||||||||||||||||
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Total fixed charges |
$ | 95,580 | $ | 94,273 | $ | 90,223 | $ | 85,099 | $ | 76,769 | $ | 79,754 | ||||||||||||
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2. Earnings (as defined): |
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D) Pretax income from continuing operations |
$ | 218,070 | $ | 231,523 | $ | 219,332 | $ | 219,521 | $ | 222,815 | $ | 207,915 | ||||||||||||
Fixed Charges (1. above) |
95,580 | 94,273 | 90,223 | 85,099 | 76,769 | 79,754 | ||||||||||||||||||
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Total earnings as defined |
$ | 313,650 | $ | 325,796 | $ | 309,555 | $ | 304,620 | $ | 299,584 | $ | 287,669 | ||||||||||||
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3.28 | 3.46 | 3.43 | 3.58 | 3.90 | 3.61 | |||||||||||||||||||
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