Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - UGI UTILITIES INC | Financial_Report.xls |
| EX-31.2 - EXHIBIT 31.2 - UGI UTILITIES INC | ex31203-31x2012ugiutilitie.htm |
| EX-31.1 - EXHIBIT 31.1 - UGI UTILITIES INC | ex31103-31x12ugiutilities1.htm |
| EX-32 - EXHIBIT 32 - UGI UTILITIES INC | ex3203-31x2012ugiutilities.htm |
| EX-10.2 - EXHIBIT 10.2 - UGI UTILITIES INC | ex10203-31x2012ugiutilitie.htm |
| 10-Q - FORM 10-Q - UGI UTILITIES INC | ugiutilities0331201210-q.htm |
| EX-10.1 - EXHIBIT 10.1 - UGI UTILITIES INC | ex10103-31x2012ugiutilitie.htm |
UGI UTILITIES INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - EXHIBIT 12.1
(Thousands of dollars)
Six Months Ended March 31, | |||||||||||||||||||||||
Year Ended September 30, | |||||||||||||||||||||||
2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
Earnings: | |||||||||||||||||||||||
Earnings before income taxes | $ | 131,768 | $ | 168,693 | $ | 147,183 | $ | 125,554 | $ | 123,977 | $ | 122,766 | |||||||||||
Interest expense | 21,284 | 42,728 | 42,336 | 43,918 | 39,065 | 42,327 | |||||||||||||||||
Amortization of debt discount and | |||||||||||||||||||||||
expense | 397 | 1,060 | 627 | 625 | 467 | 462 | |||||||||||||||||
Estimated interest component of | |||||||||||||||||||||||
rental expense | 1,020 | 1,740 | 1,912 | 1,965 | 1,619 | 1,506 | |||||||||||||||||
$ | 154,469 | $ | 214,221 | $ | 192,058 | $ | 172,062 | $ | 165,128 | $ | 167,061 | ||||||||||||
Fixed Charges: | |||||||||||||||||||||||
Interest expense | $ | 21,284 | $ | 42,728 | $ | 42,336 | $ | 43,918 | $ | 39,065 | $ | 42,327 | |||||||||||
Amortization of debt discount and | |||||||||||||||||||||||
expense | 397 | 1,060 | 627 | 625 | 467 | 462 | |||||||||||||||||
Allowance for funds used during | |||||||||||||||||||||||
construction (capitalized interest) | 4 | 90 | 74 | 160 | 139 | 179 | |||||||||||||||||
Estimated interest component of | |||||||||||||||||||||||
rental expense | 1,020 | 1,740 | 1,912 | 1,965 | 1,619 | 1,506 | |||||||||||||||||
$ | 22,705 | $ | 45,618 | $ | 44,949 | $ | 46,668 | $ | 41,290 | $ | 44,474 | ||||||||||||
Ratio of earnings to fixed charges | 6.80 | 4.70 | 4.27 | 3.69 | 4.00 | 3.76 | |||||||||||||||||