WASHINGTON GAS LIGHT CO - FORM 10-Q - EX-99.4 - February 5, 2010

Attached files

file filename
10-Q - FORM 10-Q - WASHINGTON GAS LIGHT COw77237e10vq.htm
EX-32 - EX-32 - WASHINGTON GAS LIGHT COw77237exv32.htm
EX-31.1 - EX-31.1 - WASHINGTON GAS LIGHT COw77237exv31w1.htm
EX-31.2 - EX-31.2 - WASHINGTON GAS LIGHT COw77237exv31w2.htm
EX-99.2 - EX-99.2 - WASHINGTON GAS LIGHT COw77237exv99w2.htm
EX-31.3 - EX-31.3 - WASHINGTON GAS LIGHT COw77237exv31w3.htm
EX-99.1 - EX-99.1 - WASHINGTON GAS LIGHT COw77237exv99w1.htm
EX-10.1 - EX-10.1 - WASHINGTON GAS LIGHT COw77237exv10w1.htm
EX-31.4 - EX-31.4 - WASHINGTON GAS LIGHT COw77237exv31w4.htm
EX-10.2 - EX-10.2 - WASHINGTON GAS LIGHT COw77237exv10w2.htm
EX-99.3 - EX-99.3 - WASHINGTON GAS LIGHT COw77237exv99w3.htm
EX-10.3 - EX-10.3 - WASHINGTON GAS LIGHT COw77237exv10w3.htm
Exhibit 99.4
WASHINGTON GAS LIGHT COMPANY
Computation of Ratio of Earnings to Fixed Charges
and Preferred Stock Dividends (Unaudited)
         
 
    Twelve Months Ended  
($ in thousands)   December 31, 2009  
 
FIXED CHARGES AND PRE-TAX PREFERRED STOCK DIVIDENDS:
        
Preferred Stock Dividends
   $ 1,320  
Effective Income Tax Rate
     0.3801  
Complement of Effective Income Tax Rate (1-Tax Rate)
     0.6199  
Pre-Tax Preferred Stock Dividends
   $ 2,129  
 
FIXED CHARGES:
        
Interest Expense
   $ 41,212  
Amortization of Debt Premium, Discount and Expense
     463  
Interest Component of Rentals
     1,239  
 
Total Fixed Charges
     42,914  
Pre-Tax Preferred Stock Dividends
     2,129  
 
Total Fixed Charges and Preferred Stock Dividends
   $ 45,043  
 
EARNINGS:
        
Net Income before Dividends on Preferred Stock
   $ 93,507  
Add:
        
Income Taxes
     57,329  
Total Fixed Charges
     42,914  
 
Total Earnings
   $ 193,750  
 
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
     4.3  
 

 

WASHINGTON GAS LIGHT CO Reports