Attached files
| file | filename |
|---|---|
| EX-4.2 - GEORGIA POWER CO | x4-2.htm |
| EX-1.4 - GEORGIA POWER CO | x1-4.htm |
| EX-5.1 - GEORGIA POWER CO | x5-1.htm |
| 8-K - GEORGIA POWER CO | form8-kga2011b.htm |
Exhibit 12.1
4/6/2011
GEORGIA POWER COMPANY
Computation of ratio of earnings to fixed charges for
the five years ended December 31, 2010
|
Year ended December 31,
|
|||||||||||||||
|
2006
|
2007
|
2008
|
2009
|
2010
|
|||||||||||
|
------------------------------------Thousands of Dollars--------------------------------
|
|||||||||||||||
|
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K:
|
|||||||||||||||
|
Earnings before income taxes
|
$
|
1,236,845
|
$
|
1,262,231
|
$
|
1,410,963
|
$
|
1,244,272
|
$
|
1,423,397
|
|||||
|
Interest expense, net of amounts capitalized
|
319,893
|
345,538
|
347,418
|
387,759
|
377,254
|
||||||||||
|
Distributions on mandatorily redeemable preferred securities
|
0
|
0
|
0
|
0
|
0
|
||||||||||
|
AFUDC - Debt funds
|
12,354
|
28,470
|
39,610
|
39,790
|
54,295
|
||||||||||
|
Earnings as defined
|
$
|
1,569,092
|
$
|
1,636,239
|
$
|
1,797,991
|
$
|
1,671,821
|
$
|
1,854,946
|
|||||
|
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K:
|
|||||||||||||||
|
Interest on long-term debt
|
$
|
217,954
|
$
|
270,429
|
$
|
325,774
|
$
|
372,998
|
$
|
378,668
|
|||||
|
Interest on affiliated loans
|
87,672
|
65,769
|
22,574
|
13,097
|
12,594
|
||||||||||
|
Interest on interim obligations
|
0
|
8,463
|
3,114
|
538
|
0
|
||||||||||
|
Amort of debt disc, premium and expense, net
|
17,054
|
18,432
|
19,994
|
20,329
|
21,580
|
||||||||||
|
Other interest charges
|
9,567
|
10,915
|
15,572
|
20,587
|
18,707
|
||||||||||
|
Distributions on mandatorily redeemable preferred securities
|
0
|
0
|
0
|
0
|
0
|
||||||||||
|
Fixed charges as defined
|
$
|
332,247
|
$
|
374,008
|
$
|
387,028
|
$
|
427,549
|
$
|
431,549
|
|||||
|
RATIO OF EARNINGS TO FIXED CHARGES
|
4.72
|
4.37
|
4.65
|
3.91
|
4.30
|
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