Attached files
file | filename |
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EX-32.2 - EXHIBIT 32.2 - PUGET ENERGY INC /WA | pe-ex322_20180331xq1.htm |
EX-32.1 - EXHIBIT 32.1 - PUGET ENERGY INC /WA | pe-ex321_20180331xq1.htm |
EX-31.4 - EXHIBIT 31.4 - PUGET ENERGY INC /WA | pe-ex314_20180331xq1.htm |
EX-31.3 - EXHIBIT 31.3 - PUGET ENERGY INC /WA | pe-ex313_20180331xq1.htm |
EX-31.2 - EXHIBIT 31.2 - PUGET ENERGY INC /WA | pe-ex312_20180331xq1.htm |
EX-31.1 - EXHIBIT 31.1 - PUGET ENERGY INC /WA | pe-ex311_20180331xq1.htm |
EX-12.2 - EXHIBIT 12.2 - PUGET ENERGY INC /WA | pe-ex122_20180331xq1.htm |
10-Q - 10-Q - PUGET ENERGY INC /WA | pe-20180331x10q.htm |
Exhibit 12.1 | |||||||||||||||
PUGET ENERGY | |||||||||||||||
STATEMENT SETTING FORTH COMPUTATIONS OF RATIOS OF | |||||||||||||||
EARNINGS TO FIXED CHARGES | |||||||||||||||
(Dollars in Thousands) | |||||||||||||||
12 Months | |||||||||||||||
Ended | Years Ended | ||||||||||||||
March 31, | December 31, | ||||||||||||||
2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||
Earnings Available For Fixed Charges: | |||||||||||||||
Pre-tax income: | |||||||||||||||
Income from continuing operations before income taxes | $ | 398,944 | $ | 430,337 | $ | 453,103 | $ | 332,954 | $ | 228,820 | |||||
AFUDC - equity | (15,450 | ) | (15,027 | ) | (12,576 | ) | (9,325 | ) | (7,002 | ) | |||||
AFUDC - debt | (11,534 | ) | (10,826 | ) | (9,304 | ) | (7,575 | ) | (5,611 | ) | |||||
Total | $ | 371,960 | $ | 404,484 | $ | 431,223 | $ | 316,054 | $ | 216,207 | |||||
Fixed charges: | |||||||||||||||
Interest expense | $ | 341,982 | $ | 343,976 | $ | 355,139 | $ | 356,696 | $ | 367,308 | |||||
Other interest | 15,450 | 15,027 | 12,576 | 9,325 | 7,002 | ||||||||||
Portion of rentals representative of the interest factor (a) | 7,812 | 8,062 | 8,061 | 8,980 | 10,732 | ||||||||||
Total | $ | 365,244 | $ | 367,065 | $ | 375,776 | $ | 375,001 | $ | 385,042 | |||||
Earnings available for combined fixed charges | $ | 737,204 | $ | 771,549 | $ | 806,999 | $ | 691,055 | $ | 601,249 | |||||
Ratio of Earnings to Fixed Charges | 2.02x | 2.10x | 2.15x | 1.84x | 1.56x |
(a) Represents interest portion of rents estimated at 33 1/3 percent.