Attached files
| file | filename |
|---|---|
| EX-32.0 - EXHIBIT 32.0 - CALIFORNIA WATER SERVICE GROUP | cwt-20161231xex32.htm |
| EX-31.2 - EXHIBIT 31.2 - CALIFORNIA WATER SERVICE GROUP | cwt-20161231xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - CALIFORNIA WATER SERVICE GROUP | cwt-20161231xex311.htm |
| EX-23.1 - EXHIBIT 23.1 - CALIFORNIA WATER SERVICE GROUP | cwt-20161231xex231.htm |
| EX-21.0 - EXHIBIT 21.0 - CALIFORNIA WATER SERVICE GROUP | cwt-20161231xex21.htm |
| 10-K - 10-K - CALIFORNIA WATER SERVICE GROUP | cwt-12312016x10k.htm |
Exhibit 12.1
California Water Service Group
Computation of Ratios of Earnings to Fixed Charges
(In thousands except ratios)
Years Ended December 31, | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income before income tax expense | $ | 75,491 | $ | 70,307 | $ | 84,710 | $ | 67,723 | $ | 70,279 | |||||||||
Fixed charges interest expense | 33,748 | 29,467 | 28,765 | 31,179 | 32,354 | ||||||||||||||
Capitalized interest | (2,965 | ) | (1,915 | ) | (1,535 | ) | (2,038 | ) | (3,401 | ) | |||||||||
Total | 106,274 | 97,859 | 111,940 | 96,864 | 99,232 | ||||||||||||||
Fixed Charges: | |||||||||||||||||||
Interest expensed & capitalized, & amortization of capitalized expense related to indebtedness | 33,466 | 29,185 | 28,483 | 30,897 | 32,072 | ||||||||||||||
Estimated interest component of rent expense | $ | 282 | $ | 282 | $ | 282 | $ | 282 | $ | 282 | |||||||||
Total | 33,748 | 29,467 | 28,765 | 31,179 | 32,354 | ||||||||||||||
Ratio of earnings to fixed charges | 3.15 | 3.32 | 3.89 | 3.11 | 3.07 | ||||||||||||||