Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi7.htm |
| EX-32.1 - EX-32.1 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi9.htm |
| EX-31.4 - EX-31.4 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi4.htm |
| EX-31.3 - EX-31.3 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi6.htm |
| EX-31.2 - EX-31.2 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi3.htm |
| EX-31.1 - EX-31.1 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi5.htm |
| EX-23.1 - EX-23.1 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi1.htm |
| EX-21.2 - EX-21.2 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi8.htm |
| EX-21.1 - EX-21.1 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi10.htm |
| EX-12.2 - EX-12.2 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi2.htm |
| 10-Q - 10-Q - PUGET ENERGY INC /WA | psd-20200331.htm |
| Exhibit 12.1 | ||||||||||||||||||||||||||||||||
| PUGET ENERGY | ||||||||||||||||||||||||||||||||
| STATEMENT SETTING FORTH COMPUTATIONS OF RATIOS OF | ||||||||||||||||||||||||||||||||
| EARNINGS TO FIXED CHARGES | ||||||||||||||||||||||||||||||||
| (Dollars in Thousands) | ||||||||||||||||||||||||||||||||
| Years Ended December 31, | ||||||||||||||||||||||||||||||||
| 2018 | 2017 | 2016 | 2015 | 2014 | ||||||||||||||||||||||||||||
| Earnings Available For Fixed Charges: | ||||||||||||||||||||||||||||||||
| Pre-tax income: | ||||||||||||||||||||||||||||||||
Income from continuing operations before income taxes | $ | 265,714 | $ | 430,337 | $ | 453,103 | $ | 332,954 | $ | 228,820 | ||||||||||||||||||||||
AFUDC - equity | (17,191) | (15,027) | (12,576) | (9,325) | (7,002) | |||||||||||||||||||||||||||
AFUDC - debt | (13,695) | (10,826) | (9,304) | (7,575) | (5,611) | |||||||||||||||||||||||||||
| Total | 234,828 | 404,484 | 431,223 | 316,054 | 216,207 | |||||||||||||||||||||||||||
| Fixed charges: | ||||||||||||||||||||||||||||||||
Interest expense(a) | 343,795 | 354,802 | 355,139 | 356,696 | 367,308 | |||||||||||||||||||||||||||
Other interest | 17,191 | 15,027 | 12,576 | 9,325 | 7,002 | |||||||||||||||||||||||||||
Portion of rentals representative of the interest factor (b) | 8,367 | 8,062 | 8,061 | 8,980 | 10,732 | |||||||||||||||||||||||||||
| Total | 369,353 | 377,891 | 375,776 | 375,001 | 385,042 | |||||||||||||||||||||||||||
| Earnings available for combined fixed changes | $ | 604,181 | $ | 782,375 | $ | 806,999 | $ | 691,055 | $ | 601,249 | ||||||||||||||||||||||
| Ratio of Earnings to Fixed Changes | $ | 1.64 | x | $ | 2.07 | x | $ | 2.15 | x | $ | 1.84 | x | $ | 1.56 | x | |||||||||||||||||
(a) Interest expense for the year ended December 31, 2017 has been restated from the previously reported $343.9M.
(b) Represents interest portion of rents estimated at 33 1/3 percent.