Attached files
| file | filename |
|---|---|
| 10-K - 10-K - TUCSON ELECTRIC POWER CO | c96682e10vk.htm |
| EX-32 - EXHIBIT 32 - TUCSON ELECTRIC POWER CO | c96682exv32.htm |
| EX-23 - EXHIBIT 23 - TUCSON ELECTRIC POWER CO | c96682exv23.htm |
| EX-21 - EXHIBIT 21 - TUCSON ELECTRIC POWER CO | c96682exv21.htm |
| EX-31.A - EXHIBIT 31(A) - TUCSON ELECTRIC POWER CO | c96682exv31wa.htm |
| EX-31.B - EXHIBIT 31(B) - TUCSON ELECTRIC POWER CO | c96682exv31wb.htm |
| EX-24.A - EXHIBIT 24(A) - TUCSON ELECTRIC POWER CO | c96682exv24wa.htm |
| EX-31.D - EXHIBIT 31(D) - TUCSON ELECTRIC POWER CO | c96682exv31wd.htm |
| EX-12.B - EXHIBIT 12(B) - TUCSON ELECTRIC POWER CO | c96682exv12wb.htm |
| EX-31.C - EXHIBIT 31(C) - TUCSON ELECTRIC POWER CO | c96682exv31wc.htm |
| EX-24.B - EXHIBIT 24(B) - TUCSON ELECTRIC POWER CO | c96682exv24wb.htm |
| EX-4.AA.9 - EXHIBIT 4(AA)(9) - TUCSON ELECTRIC POWER CO | c96682exv4waaw9.htm |
| EX-4.I.10 - EXHIBIT 4(I)(10) - TUCSON ELECTRIC POWER CO | c96682exv4wiw10.htm |
Exhibit 12a
UniSource Energy Corporation
Computation of Ratio of Earnings to Fixed Charges
Computation of Ratio of Earnings to Fixed Charges
| 12 Months Ended | ||||||||||||||||||||||||
| Dec. 31, | Dec. 31, | Dec. 31, | Dec. 31, | Dec. 31, | Dec. 31, | |||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||||||
| - Thousands of Dollars - | ||||||||||||||||||||||||
Fixed Charges: |
||||||||||||||||||||||||
Interest on Long-Term Debt |
$ | 58,134 | $ | 70,227 | $ | 73,095 | $ | 75,039 | $ | 76,762 | $ | 80,968 | ||||||||||||
Other Interest (1) |
3,468 | 1,837 | 5,480 | 7,922 | 3,153 | 1,947 | ||||||||||||||||||
Interest on Capital Lease
Obligations |
53,682 | 57,272 | 64,499 | 72,586 | 79,098 | 85,912 | ||||||||||||||||||
Estimated Interest
Portion of Rental Expense |
345 | 188 | 258 | 326 | 391 | 453 | ||||||||||||||||||
Total Fixed Charges |
$ | 115,629 | $ | 129,524 | $ | 143,332 | $ | 155,873 | $ | 159,404 | $ | 169,280 | ||||||||||||
Net Income |
$ | 104,258 | $ | 14,021 | $ | 58,373 | $ | 67,447 | $ | 46,144 | $ | 45,919 | ||||||||||||
Less: |
||||||||||||||||||||||||
Discontinued Operations
— Net of Tax |
— | — | — | (1,796 | ) | (5,483 | ) | (5,063 | ) | |||||||||||||||
Accounting Change — Net
of Tax |
— | — | — | — | (626 | ) | — | |||||||||||||||||
Net Income from Continuing
Operations |
104,258 | 14,021 | 58,373 | 69,243 | 52,253 | 50,982 | ||||||||||||||||||
Add (Deduct): |
||||||||||||||||||||||||
(Income) Losses from
Equity Investees |
1,834 | 713 | 340 | (210 | ) | (2,113 | ) | (7,121 | ) | |||||||||||||||
Income Taxes |
64,348 | 16,976 | 39,079 | 43,936 | 37,623 | 37,186 | ||||||||||||||||||
Total Fixed Charges |
115,629 | 129,524 | 143,332 | 155,873 | 159,404 | 169,280 | ||||||||||||||||||
Total Earnings before Taxes
and Fixed Charges |
$ | 286,069 | $ | 161,234 | $ | 241,124 | $ | 268,842 | $ | 247,167 | $ | 250,327 | ||||||||||||
Ratio of Earnings to Fixed
Charges |
2.474 | 1.245 | 1.682 | 1.725 | 1.551 | 1.479 | ||||||||||||||||||
| (1) | Excludes recognition of Allowance for Borrowed Funds Used During Construction. |