Attached files
| file | filename |
|---|---|
| EX-32 - CERTIFICATION OF CORPORATE OFFICERS - AVISTA CORP | dex32.htm |
| EX-15 - LETTER RE: UNAUDITED INTERIM FINANCIAL INFORMATION - AVISTA CORP | dex15.htm |
| EX-31.1 - CERTIFICATION OF CEO - AVISTA CORP | dex311.htm |
| EX-31.2 - CERTIFICATION OF CFO - AVISTA CORP | dex312.htm |
| EXCEL - IDEA: XBRL DOCUMENT - AVISTA CORP | Financial_Report.xls |
| 10-Q - FORM 10-Q - AVISTA CORP | d10q.htm |
Exhibit 12
AVISTA CORPORATION
Computation of Ratio of Earnings to Fixed Charges
Consolidated
(Thousands of Dollars)
| Three months | ||||||||||||||||||||||||
| ended | Years Ended December 31 | |||||||||||||||||||||||
| March 31, 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
| Fixed charges, as defined: |
||||||||||||||||||||||||
| Interest charges |
$ | 17,355 | $ | 72,010 | $ | 61,361 | $ | 74,914 | $ | 80,095 | $ | 88,426 | ||||||||||||
| Amortization of debt expense and premium - net |
1,236 | 4,414 | 5,673 | 4,673 | 6,345 | 7,741 | ||||||||||||||||||
| Interest portion of rentals |
460 | 2,027 | 1,874 | 1,601 | 1,612 | 1,802 | ||||||||||||||||||
| Total fixed charges |
$ | 19,051 | $ | 78,451 | $ | 68,908 | $ | 81,188 | $ | 88,052 | $ | 97,969 | ||||||||||||
| Earnings, as defined: |
||||||||||||||||||||||||
| Pre-tax income from continuing operations |
$ | 66,040 | $ | 146,105 | $ | 134,971 | $ | 120,382 | $ | 63,061 | $ | 114,927 | ||||||||||||
| Add (deduct): |
||||||||||||||||||||||||
| Capitalized interest |
(438 | ) | (298 | ) | (545 | ) | (4,612 | ) | (3,864 | ) | (2,934 | ) | ||||||||||||
| Total fixed charges above |
19,051 | 78,451 | 68,908 | 81,188 | 88,052 | 97,969 | ||||||||||||||||||
| Total earnings |
$ | 84,653 | $ | 224,258 | $ | 203,334 | $ | 196,958 | $ | 147,249 | $ | 209,962 | ||||||||||||
| Ratio of earnings to fixed charges |
4.44 | 2.86 | 2.95 | 2.43 | 1.67 | 2.14 | ||||||||||||||||||