Attached files

file filename
EX-32.(A) - EX-32.(A) - EMPIRE DISTRICT ELECTRIC COa14-19778_1ex32da.htm
EX-31.(A) - EX-31.(A) - EMPIRE DISTRICT ELECTRIC COa14-19778_1ex31da.htm
EX-32.(B) - EX-32.(B) - EMPIRE DISTRICT ELECTRIC COa14-19778_1ex32db.htm
EX-31.(B) - EX-31.(B) - EMPIRE DISTRICT ELECTRIC COa14-19778_1ex31db.htm
EXCEL - IDEA: XBRL DOCUMENT - EMPIRE DISTRICT ELECTRIC COFinancial_Report.xls
10-Q - 10-Q - EMPIRE DISTRICT ELECTRIC COa14-19778_110q.htm

EXHIBIT (12)

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

Twelve

 

 

 

Months Ended

 

 

 

September 30, 2014

 

 

 

 

 

Income before provision for income taxes and fixed charges (Note A)

 

$

164,887,212

 

 

 

 

 

Fixed charges:

 

 

 

Interest on long-term debt

 

$

40,427,221

 

Interest on short-term debt

 

63,957

 

Other interest

 

996,113

 

Rental expense representative of an interest factor (Note B)

 

10,950,062

 

 

 

 

 

Total fixed charges

 

$

52,437,353

 

 

 

 

 

Ratio of earnings to fixed charges

 

3.14

x

 


NOTE A:          For the purpose of determining earnings in the calculation of the ratio, net income has been increased by the provision for income taxes, non-operating income taxes and by the sum of fixed charges as shown above.

 

NOTE B:          One-third of rental expense (which approximates the interest factor).