Attached files
Exhibit 12.1
UNITIL CORPORATION
COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31, | |||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||
(000s, except ratios) | |||||||||||||||
Earnings: |
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Net Income, per Consolidated Statements of Earnings |
$ | 10,049 | $ | 9,735 | $ | 8,746 | $ | 8,033 | $ | 8,553 | |||||
Federal and State Income Taxes included in Operations |
5,220 | 4,450 | 4,482 | 4,266 | 4,275 | ||||||||||
Interest on Long-Term Debt |
17,961 | 11,795 | 10,919 | 9,404 | 8,319 | ||||||||||
Amortization of Debt Discount Expense |
233 | 151 | 136 | 112 | 104 | ||||||||||
Other Interest |
2,474 | 1,156 | 1,949 | 1,675 | 1,046 | ||||||||||
Total |
$ | 35,937 | $ | 27,287 | $ | 26,232 | $ | 23,490 | $ | 22,297 | |||||
Fixed Charges: |
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Interest on Long-Term Debt |
$ | 17,961 | $ | 11,795 | $ | 10,919 | $ | 9,404 | $ | 8,319 | |||||
Amortization of Debt Discount Expense |
233 | 151 | 136 | 112 | 104 | ||||||||||
Other Interest |
2,474 | 1,156 | 1,949 | 1,675 | 1,046 | ||||||||||
Pre-tax Preferred Stock Dividend Requirements |
208 | 199 | 213 | 208 | 234 | ||||||||||
Total |
$ | 20,876 | $ | 13,301 | $ | 13,217 | $ | 11,399 | $ | 9,703 | |||||
Ratio of Earnings to Fixed Charges |
1.72 | 2.05 | 1.98 | 2.06 | 2.30 | ||||||||||