Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - SOUTHWEST GAS CORP | Financial_Report.xls |
| EX-32.01 - EXHIBIT 32.01 - SOUTHWEST GAS CORP | d904064dex3201.htm |
| 10-Q - FORM 10-Q - SOUTHWEST GAS CORP | d904064d10q.htm |
| EX-31.01 - EXHIBIT 31.01 - SOUTHWEST GAS CORP | d904064dex3101.htm |
Exhibit 12.01
SOUTHWEST GAS CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Thousands of dollars)
| For the Twelve Months Ended | ||||||||||||||||||||||||
| Mar 31, 2015 |
December 31, | |||||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
| 1. Fixed charges: |
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| A) Interest expense |
$ | 71,735 | $ | 71,234 | $ | 62,958 | $ | 67,148 | $ | 68,183 | $ | 75,481 | ||||||||||||
| B) Amortization |
2,016 | 2,063 | 2,002 | 2,001 | 2,137 | 2,620 | ||||||||||||||||||
| C) Interest portion of rentals |
11,606 | 11,802 | 11,809 | 10,605 | 8,943 | 6,455 | ||||||||||||||||||
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| Total fixed charges |
$ | 85,357 | $ | 85,099 | $ | 76,769 | $ | 79,754 | $ | 79,263 | $ | 84,556 | ||||||||||||
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| 2. Earnings (as defined): |
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| D) Pretax income from continuing operations |
$ | 222,214 | $ | 219,521 | $ | 222,815 | $ | 207,915 | $ | 175,066 | $ | 158,378 | ||||||||||||
| Fixed Charges (1. above) |
85,357 | 85,099 | 76,769 | 79,754 | 79,263 | 84,556 | ||||||||||||||||||
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| Total earnings as defined |
$ | 307,571 | $ | 304,620 | $ | 299,584 | $ | 287,669 | $ | 254,329 | $ | 242,934 | ||||||||||||
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| 3.60 | 3.58 | 3.90 | 3.61 | 3.21 | 2.87 | |||||||||||||||||||
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