Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - AVISTA CORP | d10q.htm |
| EX-15 - LETTER RE: UNAUDITED INTERIM FINANCIAL INFORMATION - AVISTA CORP | dex15.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - AVISTA CORP | dex311.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - AVISTA CORP | dex312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - AVISTA CORP | Financial_Report.xls |
| EX-32 - SECTION 906 CEO AND CFO CERTIFICATION - AVISTA CORP | dex32.htm |
Exhibit 12
AVISTA CORPORATION
Computation of Ratio of Earnings to Fixed Charges
Consolidated
(Thousands of Dollars)
| Six
months ended June 30, 2010 |
Years Ended December 31 | |||||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||
| Fixed charges, as defined: |
||||||||||||||||||||||||
| Interest charges |
$ | 36,352 | $ | 61,361 | $ | 74,914 | $ | 80,095 | $ | 88,426 | $ | 84,952 | ||||||||||||
| Amortization of debt expense and premium - net |
2,181 | 5,673 | 4,673 | 6,345 | 7,741 | 7,762 | ||||||||||||||||||
| Interest portion of rentals |
810 | 1,874 | 1,601 | 1,612 | 1,802 | 2,394 | ||||||||||||||||||
| Total fixed charges |
$ | 39,343 | $ | 68,908 | $ | 81,188 | $ | 88,052 | $ | 97,969 | $ | 95,108 | ||||||||||||
| Earnings, as defined: |
||||||||||||||||||||||||
| Pre-tax income from continuing operations |
$ | 89,066 | $ | 134,971 | $ | 120,382 | $ | 63,061 | $ | 114,927 | $ | 70,752 | ||||||||||||
| Add (deduct): |
||||||||||||||||||||||||
| Capitalized interest |
(694 | ) | (545 | ) | (4,612 | ) | (3,864 | ) | (2,934 | ) | (1,689 | ) | ||||||||||||
| Total fixed charges above |
39,343 | 68,908 | 81,188 | 88,052 | 97,969 | 95,108 | ||||||||||||||||||
| Total earnings |
$ | 127,715 | $ | 203,334 | $ | 196,958 | $ | 147,249 | $ | 209,962 | $ | 164,171 | ||||||||||||
| Ratio of earnings to fixed charges |
3.25 | 2.95 | 2.43 | 1.67 | 2.14 | 1.73 | ||||||||||||||||||