SOUTHWEST GAS CORP - FORM 10-K - EX-12.01 - COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES - February 26, 2010

Attached files

file filename
10-K - FORM 10-K - SOUTHWEST GAS CORPd10k.htm
EX-10.21 - FINANCING AGREEMENT BETWEEN CLARK COUNTY, NEVADA AND SOUTHWEST GAS CORPORATION - SOUTHWEST GAS CORPdex1021.htm
EX-31.01 - SECTION 302 CERTIFICATIONS - SOUTHWEST GAS CORPdex3101.htm
EX-13.01 - PORTIONS OF 2009 ANNUAL REPORT TO SHAREHOLDERS - SOUTHWEST GAS CORPdex1301.htm
EX-21.01 - LIST OF SUBSIDIARIES OF SOUTHWEST GAS CORPORATION - SOUTHWEST GAS CORPdex2101.htm
EX-23.01 - CONSENT OF PRICEWATERHOUSECOOPERS LLP - SOUTHWEST GAS CORPdex2301.htm
EX-32.01 - SECTION 906 CERTIFICATIONS - SOUTHWEST GAS CORPdex3201.htm
EX-4.27 - INDENTURE OF TRUST BETWEEN CLARK COUNTY, NEVADA AND THE BANK OF NEW YORK MELLON - SOUTHWEST GAS CORPdex427.htm

Exhibit 12.01

SOUTHWEST GAS CORPORATION

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

(Thousands of dollars)

 

     December 31,
     2009    2008    2007    2006    2005

1. Fixed charges:

               

A) Interest expense

    $ 81,861    $ 90,403    $ 94,035    $ 92,878    $ 87,687

B) Amortization

      2,097      2,880      2,783      3,467      3,700

C) Interest portion of rentals

      6,644      7,802      7,952      6,412      6,333
                                  

Total fixed charges

    $ 90,602    $ 101,085    $ 104,770    $ 102,757    $ 97,720
                                  

2. Earnings (as defined):

               

D) Pretax income from continuing operations

    $ 132,035    $ 101,808    $ 131,024    $ 128,357    $ 68,435

Fixed Charges (1. above)

      90,602      101,085      104,770      102,757      97,720
                                  

Total earnings as defined

    $ 222,637    $ 202,893    $ 235,794    $ 231,114    $ 166,155
                                  
     2.46      2.01      2.25      2.25      1.70
                                  

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