Attached files
| file | filename |
|---|---|
| EX-21 - OKS SUBSIDIARIES - ONEOK Partners LP | oks10-k2015exhibit21.htm |
| EX-23 - OKS CONSENT - ONEOK Partners LP | oks10-k2015exhibit23consent.htm |
| 10-K - OKS 10-K 2015 - ONEOK Partners LP | oks10-k2015.htm |
| EX-31.2 - OKS CERTIFICATION OF REINERS SECTION 302 - ONEOK Partners LP | oks10-k2015exhibit312.htm |
| EX-32.2 - OKS CERTIFICATION OF REINERS SECTION 906 - ONEOK Partners LP | oks10-k2015exhibit322.htm |
| EX-31.1 - OKS CERTIFICATION OF SPENCER SECTION 302 - ONEOK Partners LP | oks10-k2015exhibit311.htm |
| EX-32.1 - OKE CERTIFICATION OF SPENCER SECTION 906 - ONEOK Partners LP | oks10-k2015exhibit321.htm |
Exhibit 12
ONEOK Partners, L.P. | ||||||||||||||||||||
Computation of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||
Years Ended December 31, | ||||||||||||||||||||
(Unaudited) | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
(Thousands of dollars) | ||||||||||||||||||||
Fixed charges, as defined | ||||||||||||||||||||
Interest on long-term debt | $ | 357,069 | $ | 326,299 | $ | 284,589 | $ | 238,706 | $ | 239,275 | ||||||||||
Other interest | 14,176 | 4,695 | 3,688 | 4,026 | 2,354 | |||||||||||||||
Amortization of debt discount, premium and expense | 6,386 | 5,727 | 4,944 | 3,767 | 3,729 | |||||||||||||||
Interest on lease agreements | 880 | 205 | 310 | 286 | 1,264 | |||||||||||||||
Total fixed charges | 378,511 | 336,926 | 293,531 | 246,785 | 246,622 | |||||||||||||||
Earnings before income taxes and undistributed income of equity method investees | 750,902 | 958,311 | 769,495 | 863,736 | 830,561 | |||||||||||||||
Earnings available for fixed charges | $ | 1,129,413 | $ | 1,295,237 | $ | 1,063,026 | $ | 1,110,521 | $ | 1,077,183 | ||||||||||
Ratio of earnings to fixed charges | 2.98 | x | 3.84 | x | 3.62 | x | 4.50 | x | 4.37 | x | ||||||||||
For purposes of computing the ratio of earnings to fixed charges, “earnings” consists of pretax income from continuing operations before adjustment for income or loss from equity investees plus fixed charges and distributed income of equity investees, less interest capitalized. “Fixed charges” consists of interest charges, the amortization of debt discounts and issue costs and the representative interest portion of operating leases.