Attached files
| file | filename |
|---|---|
| EX-12.1 - EX-12.1 - PUGET ENERGY INC /WA | pe-20200331x10qxexhibi.htm |
| 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 |
| 10-Q - 10-Q - PUGET ENERGY INC /WA | psd-20200331.htm |
| Exhibit 12.2 | ||||||||||||||||||||||||||||||||
| PUGET SOUND 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 | $ | 367,862 | $ | 532,040 | $ | 555,928 | $ | 430,089 | $ | 325,955 | ||||||||||||||||||||||
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 | 336,976 | 506,187 | 534,048 | 413,189 | 313,342 | |||||||||||||||||||||||||||
| Fixed charges: | ||||||||||||||||||||||||||||||||
Interest expense(a) | 231,615 | 240,144 | 242,983 | 247,571 | 264,926 | |||||||||||||||||||||||||||
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 | 257,173 | 263,233 | 263,620 | 265,876 | 282,660 | |||||||||||||||||||||||||||
| Earnings available for combined fixed charges | $ | 594,149 | $ | 769,420 | $ | 797,668 | $ | 679,065 | $ | 596,002 | ||||||||||||||||||||||
| Ratio of Earnings to Fixed Charges | $ | 2.31 | x | $ | 2.92 | x | $ | 3.03 | x | $ | 2.55 | x | $ | 2.11 | x | |||||||||||||||||
(a) Interest expense for the year ended December 31, 2017 has been restated from the previously reported $229.3M.
(b) Represents interest portion of rents estimated at 33 1/3 percent.