Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - SOUTHWEST GAS CORP | d256766d10q.htm |
| EX-32.01 - EX-32.01 - SOUTHWEST GAS CORP | d256766dex3201.htm |
| EX-31.01 - EX-31.01 - SOUTHWEST GAS CORP | d256766dex3101.htm |
| EX-4.02 - EX-4.02 - SOUTHWEST GAS CORP | d256766dex402.htm |
Exhibit 12.01
SOUTHWEST GAS CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Thousands of dollars)
| For the Twelve Months Ended | ||||||||||||||||||||||||
| Sep 30, | December 31, | |||||||||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||
| 1. Fixed charges: |
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| A) Interest expense |
$ | 71,467 | $ | 71,661 | $ | 71,234 | $ | 62,958 | $ | 67,148 | $ | 68,183 | ||||||||||||
| B) Amortization |
1,878 | 1,884 | 2,063 | 2,002 | 2,001 | 2,137 | ||||||||||||||||||
| C) Interest portion of rentals |
19,342 | 16,678 | 11,802 | 11,809 | 10,605 | 8,943 | ||||||||||||||||||
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| Total fixed charges |
$ | 92,687 | $ | 90,223 | $ | 85,099 | $ | 76,769 | $ | 79,754 | $ | 79,263 | ||||||||||||
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| 2. Earnings (as defined): |
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| D) Pretax income from continuing operations |
$ | 234,314 | $ | 219,332 | $ | 219,521 | $ | 222,815 | $ | 207,915 | $ | 175,066 | ||||||||||||
| Fixed Charges (1. above) |
92,687 | 90,223 | 85,099 | 76,769 | 79,754 | 79,263 | ||||||||||||||||||
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| Total earnings as defined |
$ | 327,001 | $ | 309,555 | $ | 304,620 | $ | 299,584 | $ | 287,669 | $ | 254,329 | ||||||||||||
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| 3.53 | 3.43 | 3.58 | 3.90 | 3.61 | 3.21 | |||||||||||||||||||
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