Attached files
| file | filename |
|---|---|
| 10-Q - NICOR GAS FORM 10-Q 09-30-09 - NORTHERN ILLINOIS GAS CO /IL/ /NEW/ | nicorgasform10q093009.htm |
| EX-31.01 - NICOR GAS EXHIBIT 31.01 CERTIFICATION - NORTHERN ILLINOIS GAS CO /IL/ /NEW/ | nicorgas3101certification.htm |
| EX-32.02 - NICOR GAS EXHIBIT 32.02 CERTIFICATION - NORTHERN ILLINOIS GAS CO /IL/ /NEW/ | nicorgas3202certification.htm |
| EX-32.01 - NICOR GAS EXHIBIT 32.01 CERTIFICATION - NORTHERN ILLINOIS GAS CO /IL/ /NEW/ | nicorgas3201certification.htm |
| EX-31.02 - NICOR GAS EXHIBIT 31.02 CERTIFICATION - NORTHERN ILLINOIS GAS CO /IL/ /NEW/ | nicorgas3102certification.htm |
|
Nicor
Gas Company
|
|||||||||||||||||||||||||||
|
Form
10-Q
|
|||||||||||||||||||||||||||
| Exhibit 12.01 | |||||||||||||||||||||||||||
|
Nicor
Gas Company
|
|||||||||||||||||||||||||||
|
Computation
of Consolidated Ratio of Earnings to Fixed Charges
|
|||||||||||||||||||||||||||
|
(thousands)
|
|||||||||||||||||||||||||||
|
Three
|
Twelve
|
||||||||||||||||||||||||||
|
months
ended
|
months
ended
|
||||||||||||||||||||||||||
|
September 30
|
September 30
|
Year
Ended December 31
|
|||||||||||||||||||||||||
|
2009
|
2009
|
2008
|
2007
|
2006
|
2005
|
2004
|
|||||||||||||||||||||
|
Earnings
available to cover fixed charges:
|
|||||||||||||||||||||||||||
|
Net income
|
$ | 6,933 | $ | 67,973 | $ | 59,569 | $ | 66,277 | $ | 58,656 | $ | 53,476 | $ | 62,106 | |||||||||||||
| Add: Income tax expense | 4,207 | 38,310 | 30,991 | 34,197 | 27,814 | 26,128 | 33,108 | ||||||||||||||||||||
| Fixed charges | 8,913 | 35,700 | 38,246 | 41,000 | 45,041 | 43,203 | 37,555 | ||||||||||||||||||||
| Allowance for funds used during construction and other | (15 | ) | (74 | ) | (62 | ) | (182 | ) | (614 | ) | (1,038 | ) | (363 | ) | |||||||||||||
| $ | 20,038 | $ | 141,909 | $ | 128,744 | $ | 141,292 | $ | 130,897 | $ | 121,769 | $ | 132,406 | ||||||||||||||
|
Fixed
charges:
|
|||||||||||||||||||||||||||
|
Interest on debt
|
$ | 8,417 | $ | 33,487 | $ | 35,204 | $ | 37,515 | $ | 37,665 | $ | 36,487 | $ | 35,606 | |||||||||||||
|
Other
interest charges and amortization of debt
|
|||||||||||||||||||||||||||
|
discount, premium, and expense, net
|
496 | * | 2,213 | * | 3,042 | * | 3,485 | * | 7,376 | 6,716 | 1,949 | ||||||||||||||||
| $ | 8,913 | $ | 35,700 | $ | 38,246 | $ | 41,000 | $ | 45,041 | $ | 43,203 | $ | 37,555 | ||||||||||||||
|
Ratio
of earnings to fixed charges
|
2.25 | 3.98 | 3.37 | 3.45 | 2.91 | 2.82 | 3.53 | ||||||||||||||||||||
|
* The
Company began accruing interest expense for uncertain tax
positions on January 1, 2007. Accordingly, for 2007 and going
forward, the interest included in Fixed charges is only the interest on
third party indebtedness. Any interest expense accrued on uncertain
tax positions is excluded from the calculation of Earnings. Prior
years' calculations were not changed.
|
|||||||||||||||||||||||||||