Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - CHESAPEAKE UTILITIES CORP | c97091e10vk.htm |
| EX-10.24 - EXHIBIT 10.24 - CHESAPEAKE UTILITIES CORP | c97091exv10w24.htm |
| EX-21 - EXHIBIT 21 - CHESAPEAKE UTILITIES CORP | c97091exv21.htm |
| EX-23.1 - EXHIBIT 23.1 - CHESAPEAKE UTILITIES CORP | c97091exv23w1.htm |
| EX-14.1 - EXHIBIT 14.1 - CHESAPEAKE UTILITIES CORP | c97091exv14w1.htm |
| EX-31.1 - EXHIBIT 31.1 - CHESAPEAKE UTILITIES CORP | c97091exv31w1.htm |
| EX-32.1 - EXHIBIT 32.1 - CHESAPEAKE UTILITIES CORP | c97091exv32w1.htm |
| EX-32.2 - EXHIBIT 32.2 - CHESAPEAKE UTILITIES CORP | c97091exv32w2.htm |
| EX-31.2 - EXHIBIT 31.2 - CHESAPEAKE UTILITIES CORP | c97091exv31w2.htm |
| EX-14.2 - EXHIBIT 14.2 - CHESAPEAKE UTILITIES CORP | c97091exv14w2.htm |
| EX-10.25 - EXHIBIT 10.25 - CHESAPEAKE UTILITIES CORP | c97091exv10w25.htm |
Exhibit 12
Chesapeake Utilities Corporation
Ratio of Earnings to Fixed Charges
Ratio of Earnings to Fixed Charges
| For the Years Ended December 31, | 2009(a) | 2008 | 2007 | 2006 | 2005 | |||||||||||||||
| (in thousands, except ratio of earnings to fixed charges) | ||||||||||||||||||||
Income from continuing operations |
$ | 15,897 | $ | 13,607 | $ | 13,218 | $ | 10,748 | $ | 10,699 | ||||||||||
Add: |
||||||||||||||||||||
Income taxes |
10,918 | 8,817 | 8,597 | 6,999 | 6,472 | |||||||||||||||
Portion of rents representative of interest factor |
333 | 294 | 245 | 227 | 278 | |||||||||||||||
Interest on indebtedness |
7,042 | 6,110 | 6,539 | 5,722 | 5,077 | |||||||||||||||
Amortization of debt discount and expense |
43 | 47 | 51 | 52 | 56 | |||||||||||||||
Earnings as adjusted |
$ | 34,233 | $ | 28,875 | $ | 28,650 | $ | 23,748 | $ | 22,582 | ||||||||||
Fixed Charges |
||||||||||||||||||||
Portion of rents representative of interest factor |
$ | 333 | $ | 294 | $ | 245 | $ | 227 | $ | 278 | ||||||||||
Interest on indebtedness |
7,042 | 6,110 | 6,539 | 5,722 | 5,077 | |||||||||||||||
Amortization of debt discount and expense |
43 | 47 | 51 | 52 | 56 | |||||||||||||||
Fixed Charges |
$ | 7,418 | $ | 6,451 | $ | 6,835 | $ | 6,001 | $ | 5,411 | ||||||||||
Ratio of Earnings to Fixed Charges |
4.61 | 4.48 | 4.19 | 3.96 | 4.17 | |||||||||||||||
| (a) | Includes the results from the merger with Florida Public Utilities Company, which
became effective on October 28, 2009. |