Attached files
| file | filename |
|---|---|
| EX-95 - EXHIBIT 95 - Cleco Corporate Holdings LLC | cnl-93017xq3ex95.htm |
| EX-32.4 - EXHIBIT 32.4 - Cleco Corporate Holdings LLC | cnl-93017xq3ex324.htm |
| EX-32.3 - EXHIBIT 32.3 - Cleco Corporate Holdings LLC | cnl-93017xq3ex323.htm |
| EX-32.2 - EXHIBIT 32.2 - Cleco Corporate Holdings LLC | cnl-93017xq3ex322.htm |
| EX-32.1 - EXHIBIT 32.1 - Cleco Corporate Holdings LLC | cnl-93017xq3ex321.htm |
| EX-31.4 - EXHIBIT 31.4 - Cleco Corporate Holdings LLC | cnl-93017xq3ex314.htm |
| EX-31.3 - EXHIBIT 31.3 - Cleco Corporate Holdings LLC | cnl-93017xq3ex313.htm |
| EX-31.2 - EXHIBIT 31.2 - Cleco Corporate Holdings LLC | cnl-93017xq3ex312.htm |
| EX-31.1 - EXHIBIT 31.1 - Cleco Corporate Holdings LLC | cnl-93017xq3ex311.htm |
| EX-12.A - EXHIBIT 12.A - Cleco Corporate Holdings LLC | cnl-93017xq3ex12a.htm |
| 10-Q - 10-Q - Cleco Corporate Holdings LLC | cnl-9302017xq3.htm |
CLECO POWER LLC | EXHIBIT 12(b) |
Computation of Ratios of Earnings to Fixed Charges (Unaudited) | ||||||||||||||||||||
(THOUSANDS, EXCEPT RATIOS) | FOR THE NINE MONTHS ENDED SEPT. 30, 2017 | FOR THE TWELVE MONTHS ENDED DEC. 31, 2016 | FOR THE TWELVE MONTHS ENDED DEC. 31, 2015 | FOR THE TWELVE MONTHS ENDED DEC. 31, 2014 | FOR THE TWELVE MONTHS ENDED DEC. 31, 2013 | |||||||||||||||
Net income | $ | 108,439 | $ | 39,128 | $ | 141,350 | $ | 154,316 | $ | 150,410 | ||||||||||
Income tax expense | 63,010 | 18,369 | 79,294 | 76,974 | 79,381 | |||||||||||||||
Total fixed charges (from below) | 54,361 | 78,442 | 78,364 | 77,230 | 85,103 | |||||||||||||||
Total earnings | $ | 225,810 | $ | 135,939 | $ | 299,008 | $ | 308,520 | $ | 314,894 | ||||||||||
Fixed charges | ||||||||||||||||||||
Interest | $ | 49,922 | $ | 74,450 | $ | 74,394 | $ | 73,140 | $ | 80,905 | ||||||||||
Amortization of debt expense, premium, net | 4,009 | 3,289 | 3,052 | 3,113 | 3,088 | |||||||||||||||
Portion of rentals representative of an interest factor** | 389 | 508 | 572 | 489 | 488 | |||||||||||||||
Interest of capitalized lease | 41 | 195 | 346 | 488 | 622 | |||||||||||||||
Total fixed charges | $ | 54,361 | $ | 78,442 | $ | 78,364 | $ | 77,230 | $ | 85,103 | ||||||||||
Ratio of earnings to fixed charges | 4.15 | x | 1.73 | x | 3.82 | x | 3.99 | x | 3.70 | x | ||||||||||
**Interest portion of rental expense is estimated to equal 11% of such expense, which is considered a reasonable approximation of the interest factor. | ||||||||||||||||||||