Attached files
| file | filename |
|---|---|
| EX-5.1A - EXHIBIT - GEORGIA POWER CO | ex5-1aga213ab8xk.htm |
| EX-1.4A - EXHIBIT - GEORGIA POWER CO | ex1-4aga2013ab8xk.htm |
| EX-5.1B - EXHIBIT - GEORGIA POWER CO | ex5-1bga2013ab8xk.htm |
| EX-4.2B - EXHIBIT - GEORGIA POWER CO | ex4-2bga2013ab8xk.htm |
| EX-4.1B - EXHIBIT - GEORGIA POWER CO | ex1-4bga2013ab8xk.htm |
| 8-K - 8-K - GEORGIA POWER CO | ga2013ab8-k.htm |
| EX-4.2A - EXHIBIT - GEORGIA POWER CO | ex4-2aga2013ab8xk.htm |
Exhibit 12.1 | |||||||||||||||||
GEORGIA POWER COMPANY | |||||||||||||||||
Computation of ratio of earnings to fixed charges for | |||||||||||||||||
the five years ended December 31, 2012 | |||||||||||||||||
Year ended December 31, | |||||||||||||||||||
2008 | 2009 | 2010 | 2011 | 2012 | |||||||||||||||
----------------------------------------Thousands of Dollars-------------------------------------------------- | |||||||||||||||||||
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||||
Earnings Before Income Taxes | $ | 1,401,995 | $ | 1,236,111 | $ | 1,414,245 | $ | 1,781,406 | $ | 1,867,911 | |||||||||
Distributed income of equity investees | 4,278 | 363 | 2,849 | 13,830 | 7,126 | ||||||||||||||
Interest expense, net of amounts capitalized | 345,415 | 385,889 | 375,336 | 342,935 | 365,842 | ||||||||||||||
Interest component of rental expense | 17,309 | 21,523 | 42,467 | 59,943 | 60,987 | ||||||||||||||
Amortization of capitalized interest | 40 | 41 | 40 | 40 | 41 | ||||||||||||||
AFUDC - Debt funds | 39,573 | 39,719 | 54,253 | 36,952 | 21,185 | ||||||||||||||
Earnings as defined | $ | 1,808,610 | $ | 1,683,646 | $ | 1,889,190 | $ | 2,235,106 | $ | 2,323,092 | |||||||||
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||||
Interest on long-term debt | $ | 324,117 | $ | 371,341 | $ | 377,011 | $ | 362,030 | $ | 364,508 | |||||||||
Interest on affiliated loans | 22,295 | 13,045 | 12,526 | 9,340 | 174 | ||||||||||||||
Interest on interim obligations | 3,114 | 538 | — | — | 1,359 | ||||||||||||||
Amortization of debt disc, premium and expense, net | 19,906 | 20,241 | 21,492 | 22,497 | 23,033 | ||||||||||||||
Other interest charges | 15,790 | 20,573 | 18,657 | (13,834 | ) | (1,953 | ) | ||||||||||||
Interest component of rental expense | 17,309 | 21,523 | 42,467 | 59,943 | 60,987 | ||||||||||||||
Fixed charges as defined | $ | 402,531 | $ | 447,261 | $ | 472,153 | $ | 439,976 | $ | 448,108 | |||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 4.49 | 3.76 | 4.00 | 5.08 | 5.18 | ||||||||||||||