SCANA CORP - FORM 10-Q - EX-12.01 - EXHIBIT 12.01 - August 7, 2015

Attached files

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EX-31.03 - EXHIBIT 31.03 - SCANA CORPa2015630-exhibit3103.htm
EX-31.04 - EXHIBIT 31.04 - SCANA CORPa2015630-exhibit3104.htm
EX-31.02 - EXHIBIT 31.02 - SCANA CORPa2015630-exhibit3102.htm
EX-32.01 - EXHIBIT 32.01 - SCANA CORPa2015630-exhibit3201.htm
EX-32.02 - EXHIBIT 32.02 - SCANA CORPa2015630-exhibit3202.htm
EX-31.01 - EXHIBIT 31.01 - SCANA CORPa2015630-exhibit3101.htm
10-Q - 10-Q - SCANA CORPa2015630-10q.htm

Exhibit 12.01
COMPUTATION OF RATIOS
June 30, 2015
RATIO OF EARNINGS TO FIXED CHARGES
SCANA:
 
Six Months Ended June 30, 2015
 
Twelve Months Ended June 30, 2015
 
Years ended December 31,
Dollars in Millions
 
 
 
2014
2013
2012
2011
2010
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$159.7

 

$321.1

 

$318.2


$305.9


$301.3


$287.0


$270.4

Amortization of debt premium, discount and expense (net)
 
2.5

 
9.4

 
9.7

5.3

4.9

4.8

5.1

Interest component on rentals
 
1.6

 
3.7

 
4.1

4.9

4.9

5.2

4.6

Total Fixed Charges (A)
 

$163.8

 

$334.2

 

$332.0


$316.1


$311.1


$297.0


$280.1

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$776.4

 
$1,137.9
 

$786.0


$693.8


$601.6


$555.6


$535.4

Total fixed charges above
 
163.8

 
334.2

 
332.0

316.1

311.1

297.0

280.1

Pretax equity in (earnings) losses of investees
 
0.2

 
(0.6
)
 
(1.4
)
(3.2
)
(3.3
)
(2.9
)
(1.1
)
Cash distributions from equity investees
 
2.0

 
5.8

 
7.4

9.6

3.3

3.6

4.8

Total Earnings (B)
 
$942.4
 
$1,477.3
 
$1,124.0

$1016.3


$912.7


$853.3


$819.2

Ratio of Earnings to Fixed Charges (B/A)
 
5.75

 
4.42

 
3.39

3.22

2.93

2.87

2.92



SCE&G:
 
Six Months Ended June 30, 2015
 
Twelve Months Ended June 30, 2015
 
Years ended December 31,
Dollars in Millions
 
 
 
2014
2013
2012
2011
2010
Fixed Charges as defined:
 
 
 
 
 
 
 
 
 
 
Interest on debt
 

$124.6

 

$245.9

 

$237.6


$226.4


$217.4


$207.8


$192.4

Amortization of debt premium, discount and expense (net)
 
2.0

 
4.2

 
4.4

4.2

3.9

3.9

4.0

Interest component on rentals
 
2.1

 
4.1

 
4.0

4.5

3.2

3.6

3.1

Total Fixed Charges (A)
 

$128.7

 

$254.2

 

$246.0


$235.1


$224.5


$215.3


$199.5

Earnings as defined:
 
 
 
 
 
 
 
 
 
 
Pretax income from continuing operations
 

$350.0

 

$692.2

 

$676.0


$579.7


$509.5


$456.5


$433.6

Total fixed charges above
 
128.7

 
254.2

 
246.0

235.1

224.5

215.3

199.5

Pretax equity in (earnings) losses of investees
 
2.6

 
5.2

 
5.3

3.5

3.8

2.3

2.1

Total Earnings (B)
 

$481.3

 

$951.6

 

$927.3


$818.3


$737.8


$674.1


$635.2

Ratio of Earnings to Fixed Charges (B/A)
 
3.74

 
3.74

 
3.77

3.48

3.29

3.13

3.18




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