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-12.1 - EXHIBIT 12.1 - PUGET ENERGY INC /WA | pe-ex121_20180331xq1.htm |
10-Q - 10-Q - PUGET ENERGY INC /WA | pe-20180331x10q.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, | ||||||||||||||
2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||
Earnings Available For Fixed Charges: | |||||||||||||||
Pre-tax income: | |||||||||||||||
Income from continuing operations before income taxes | $ | 501,879 | $ | 532,040 | $ | 555,928 | $ | 430,089 | $ | 325,955 | |||||
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 | $ | 474,895 | $ | 506,187 | $ | 534,048 | $ | 413,189 | $ | 313,342 | |||||
Fixed charges: | |||||||||||||||
Interest expense | $ | 227,703 | $ | 229,317 | $ | 242,983 | $ | 247,571 | $ | 264,926 | |||||
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 | $ | 250,965 | $ | 252,406 | $ | 263,620 | $ | 265,876 | $ | 282,660 | |||||
Earnings available for combined fixed charges | $ | 725,860 | $ | 758,593 | $ | 797,668 | $ | 679,065 | $ | 596,002 | |||||
Ratio of Earnings to Fixed Charges | 2.89x | 3.01x | 3.03x | 2.55x | 2.11x |
(a) Represents interest portion of rents estimated at 33 1/3 percent.