Attached files
file | filename |
---|---|
10-K - 10-K - QUESTAR GAS CO | qgc10k4q2009.htm |
EX-32 - EXHIBIT 32 - QUESTAR GAS CO | qgc10k4q2009ex32.htm |
EX-31 - EXHIBIT 31.1 - QUESTAR GAS CO | qgc10k4q2009ex311.htm |
EX-31 - EXHIBIT 31.2 - QUESTAR GAS CO | qgc10k4q2009ex312.htm |
EX-24 - EXHIBIT 24 - QUESTAR GAS CO | qgc10k4q2009ex24poa.htm |
Exhibit 12.
Questar Gas Company
Ratio of Earnings to Fixed Charges
| Year Ended December 31, | |||
| 2009 | 2008 | 2007 | |
| (dollars in millions) | |||
Earnings |
|
|
| |
Income before income taxes | $66.0 | $64.2 | $59.7 | |
Add (deduct): |
|
|
| |
Fixed charges | 30.1 | 27.3 | 25.7 | |
Capitalized interest | (0.3) | (0.8) | (0.7) | |
Total Earnings | $95.8 | $90.7 | $84.7 | |
|
|
|
| |
Fixed Charges |
|
|
| |
Interest expense | $28.5 | $25.2 | $23.8 | |
Capitalized interest | 0.3 | 0.8 | 0.7 | |
Estimate of the interest within rental expense | 1.3 | 1.3 | 1.2 | |
Total Fixed Charges | $30.1 | $27.3 | $25.7 | |
|
|
|
| |
Ratio of Earnings to Fixed Charges | 3.2 | 3.3 | 3.3 |
For purposes of this presentation, earnings represent income before income taxes adjusted for fixed charges. Fixed charges consist of total interest charges (expensed and capitalized), amortization of debt issuance costs and losses from reacquired debt, and the interest portion of rental expense estimated at 50%.