Attached files
| file | filename |
|---|---|
| 8-K - GEORGIA POWER CO | ga8k2011a.htm |
| EX-4.2 - GEORGIA POWER CO | ex4-2.htm |
| EX-5.1 - GEORGIA POWER CO | ex5-1.htm |
| EX-1.4 - GEORGIA POWER CO | ex1-4.htm |
|
|
Exhibit 12.1 | |||||||||||||||||
| 1/4/2011 | ||||||||||||||||||
|
GEORGIA POWER COMPANY
|
||||||||||||||||||
|
Computation of ratio of earnings to fixed charges for
|
||||||||||||||||||
|
the five years ended December 31, 2009
|
||||||||||||||||||
|
and the year to date September 30, 2010
|
||||||||||||||||||
|
Nine
|
||||||||||||||||||
|
Months
|
||||||||||||||||||
|
Ended
|
||||||||||||||||||
|
Year ended December 31,
|
September 30, | |||||||||||||||||
|
2005
|
2006
|
2007
|
2008
|
2009
|
2010
|
|||||||||||||
|
------------------------------------------Thousands of Dollars------------------------------------------
|
||||||||||||||||||
|
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K:
|
||||||||||||||||||
|
Earnings before income taxes
|
$
|
1,197,831
|
$
|
1,236,845
|
$
|
1,262,231
|
$
|
1,410,963
|
$
|
1,244,272
|
$
|
1,344,390
|
||||||
|
Interest expense, net of amounts capitalized
|
297,313
|
319,893
|
345,538
|
347,418
|
387,759
|
276,366
|
||||||||||||
|
Distributions on mandatorily redeemable preferred securities
|
0
|
0
|
0
|
0
|
0
|
0
|
||||||||||||
|
AFUDC - Debt funds
|
11,811
|
12,354
|
28,470
|
39,610
|
39,790
|
38,972
|
||||||||||||
|
Earnings as defined
|
$
|
1,506,955
|
$
|
1,569,092
|
$
|
1,636,239
|
$
|
1,797,991
|
$
|
1,671,821
|
$
|
1,659,728
|
||||||
|
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K:
|
||||||||||||||||||
|
Interest on long-term debt
|
$
|
215,263
|
$
|
217,954
|
$
|
270,429
|
$
|
325,774
|
$
|
372,998
|
$
|
284,438
|
||||||
|
Interest on affiliated loans
|
68,735
|
87,672
|
65,769
|
22,574
|
13,097
|
9,448
|
||||||||||||
|
Interest on interim obligations
|
0
|
0
|
8,463
|
3,114
|
538
|
0
|
||||||||||||
|
Amort of debt disc, premium and expense, net
|
17,109
|
17,054
|
18,432
|
19,994
|
20,329
|
16,067
|
||||||||||||
|
Other interest charges
|
8,017
|
9,567
|
10,915
|
15,572
|
20,587
|
5,385
|
||||||||||||
|
Distributions on mandatorily redeemable preferred securities
|
0
|
0
|
0
|
0
|
0
|
0
|
||||||||||||
|
Fixed charges as defined
|
$
|
309,124
|
$
|
332,247
|
$
|
374,008
|
$
|
387,028
|
$
|
427,549
|
$
|
315,338
|
||||||
|
RATIO OF EARNINGS TO FIXED CHARGES
|
4.87
|
4.72
|
4.37
|
4.65
|
3.91
|
5.26
|
||||||||||||