COLORADO INTERSTATE GAS COMPANY, L.L.C. - FORM 10-K - EX-12 - EXHIBIT 12 - RATIO OF EARNINGS TO FIXED CHARGES - February 26, 2010

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10-K - COLORADO INTERSTATE GAS COMPANY (CIG) FORM 10-K - COLORADO INTERSTATE GAS COMPANY, L.L.C.cig200910k.htm
EX-23 - EXHIBIT 23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (E&Y) (CIG) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit23.htm
EX-4.A - EXHIBIT 4.A - INDENTURE (06-27-1997) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit4_a.htm
EX-10.C - EXHIBIT 10.C - LEASE AGREEMENT (WYCO) (11-1-2008) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit10_c.htm
EX-10.B - EXHIBIT 10.B - PURCHASE AND SALE AGREEMENT (11-01-2005) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit10_b.htm
EX-10.A - EXHIBIT 10.A - NO-NOTICE STORAGE AND TRANSPORTATION DELIVERY SERVICE AGREEMENT (10-01-2001) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit10_a.htm
EX-4.A1 - EXHIBIT 4.A.1 - FIRST SUPPLEMENTAL INDENTURE (06-27-1997) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit4_a1.htm
EX-4.A3 - EXHIBIT 4.A.3 - THIRD SUPPLEMENTAL INDENTURE (11-01-2005) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit4_a3.htm
EX-4.A2 - EXHIBIT 4.A.2 - SECOND SUPPLEMENTAL INDENTURE (03-09-2005) - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit4_a2.htm
EX-31.A - EXHIBIT 31.A - 302 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit31_a.htm
EX-31.B - EXHIBIT 31.B - 302 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit31_b.htm
EX-32.A - EXHIBIT 32.A - 906 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit32_a.htm
EX-32.B - EXHIBIT 32.B - 906 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit32_b.htm
EX-21 - EXHIBIT 21 - SUBSIDIARIES OF COLORADO INTERSTATE GAS COMPANY - COLORADO INTERSTATE GAS COMPANY, L.L.C.exhibit21.htm
Exhibit 12
 

 
COLORADO INTERSTATE GAS COMPANY
  
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
  
 (IN MILLIONS, EXCEPT FOR RATIO)  
   
 
                          
 
                              
   
FOR THE YEARS ENDED DECEMBER 31,
  
   
2009
    
2008
    
2007
    
2006
    
2005
  
                               
Earnings
                              
Income before income taxes from continuing operations
   $ 157     $ 149     $ 151     $ 139     $ 108  
  Income from equity investee
     (1 )     (3 )     (2 )     -       -  
Pre-tax income from continuing operations
before income from equity investee
   $ 156     $ 146     $ 149     $ 139     $ 108  
                                         
Fixed charges
     56       42       61       51       38  
Distributed income of equity investee
     1       1       -       -       -  
 Allowance for funds used during construction
     (1 )     (2 )     (1 )     -       (1 )
Totals earnings available for fixed charges
   $ 212     $ 187     $ 209     $ 190     $ 145  
                                         
Fixed charges
                                        
Interest and debt costs
   $ 55     $ 41     $ 60     $ 50     $ 37  
Interest component of rent
     1       1       1       1       1  
                                         
 Total fixed charges
   $ 56     $ 42     $ 61     $ 51     $ 38  
                                         
Ratio of earnings to fixed charges
     3.8       4.5       3.4       3.7       3.8  
                                         
                                         
 
For purposes of computing these ratios, earnings means net income before:
            
 
 - income from equity investee, adjusted to reflect actual distribution from equity investment; and
  
 
 - fixed charges;
                    
less
                          
 
 - allowance for funds used during construction.
                  
                           
Fixed charges means the sum of the following:
                    
 
- interest costs;
                    
 
- amortization of debt costs; and
                    
 
- that portion of rental expense which we believe represents an interest factor.
          
 
 
 

COLORADO INTERSTATE GAS COMPANY, L.L.C. Reports

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