Attached files
file | filename |
---|---|
8-K - 8-K - GEORGIA POWER CO | ga8k2016a2016b.htm |
EX-1.4(A) - EXHIBIT 1.4(A) - GEORGIA POWER CO | ex1-4aga8k2016a2016b.htm |
EX-4.2(B) - EXHIBIT 4.2(B) - GEORGIA POWER CO | ex4-2bga8k2016a2016b.htm |
EX-1.4(B) - EXHIBIT 1.4(B) - GEORGIA POWER CO | ex1-4bga8k2016a2016b.htm |
EX-5.1(A) - EXHIBIT 5.1(A) - GEORGIA POWER CO | ex5-1aga8xk2016a2016b.htm |
EX-5.1(B) - EXHIBIT 5.1(B) - GEORGIA POWER CO | ex5-1bga8xk2016a2016b.htm |
EX-8.1(B) - EXHIBIT 8.1(B) - GEORGIA POWER CO | ex8-1bga8xk2016a2016b.htm |
EX-8.1(A) - EXHIBIT 8.1(A) - GEORGIA POWER CO | ex8-1aga8xk2016a2016b.htm |
EX-4.2(A) - EXHIBIT 4.2(A) - GEORGIA POWER CO | ex4-2aga8k2016a2016b.htm |
Exhibit 12.1 | |||||||||||||||||
GEORGIA POWER COMPANY | |||||||||||||||||
Computation of ratio of earnings to fixed charges for | |||||||||||||||||
the five years ended December 31, 2015 | |||||||||||||||||
Year ended December 31, | |||||||||||||||||||||
2011 | 2012 | 2013 | 2014 | 2015 | |||||||||||||||||
------------------------------Thousands of Dollars--------------------------------- | |||||||||||||||||||||
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||||||
Earnings Before Income Taxes | $ | 1,781,406 | $ | 1,867,911 | $ | 1,909,491 | $ | 1,965,691 | $ | 2,040,164 | |||||||||||
Distributed income of equity investees | 13,830 | 7,126 | 3,649 | 1,632 | 17 | ||||||||||||||||
Interest expense, net of amounts capitalized | 342,935 | 365,842 | 360,546 | 348,482 | 363,120 | ||||||||||||||||
Interest component of rental expense | 59,943 | 60,987 | 64,442 | 64,296 | 97,651 | ||||||||||||||||
Amortization of capitalized interest | 40 | 41 | 40 | 40 | 40 | ||||||||||||||||
AFUDC - Debt funds | 36,952 | 21,185 | 13,500 | 17,903 | 16,061 | ||||||||||||||||
Earnings as defined | $ | 2,235,106 | $ | 2,323,092 | $ | 2,351,668 | $ | 2,398,044 | $ | 2,517,053 | |||||||||||
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||||||
Interest on long-term debt | $ | 362,030 | $ | 364,508 | $ | 340,983 | $ | 332,634 | $ | 345,282 | |||||||||||
Interest on affiliated loans | 9,340 | 174 | 281 | 697 | 811 | ||||||||||||||||
Interest on interim obligations | — | 1,359 | 664 | 671 | 495 | ||||||||||||||||
Amortization of debt discount, premium and expense, net | 22,497 | 23,033 | 25,868 | 25,315 | 24,496 | ||||||||||||||||
Other interest charges | (13,834 | ) | (1,953 | ) | 6,366 | 7,400 | 8,277 | ||||||||||||||
Interest component of rental expense | 59,943 | 60,987 | 64,442 | 64,296 | 97,651 | ||||||||||||||||
Fixed charges as defined | $ | 439,976 | $ | 448,108 | $ | 438,604 | $ | 431,013 | $ | 477,012 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 5.08 | 5.18 | 5.36 | 5.56 | 5.28 |