Attached files
file | filename |
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EX-8.1B - EXHIBIT 8.1B - GEORGIA POWER CO | ga8-k2017a2017bex8x1b.htm |
EX-8.1A - EXHIBIT 8.1A - GEORGIA POWER CO | ga8k2017a2017bex8-1a.htm |
EX-5.1B - EXHIBIT 5.1B - GEORGIA POWER CO | ga8k2017a2017bex5-1b.htm |
EX-5.1A - EXHIBIT 5.1A - GEORGIA POWER CO | ga8k2017a2017bex5-1a.htm |
EX-4.2B - EXHIBIT 4.2B - GEORGIA POWER CO | ga57thsupindenture2017b3-17.htm |
EX-4.2A - EXHIBIT 4.2A - GEORGIA POWER CO | ga56thsupindenture2017a3-17.htm |
EX-1.4B - EXHIBIT 1.4B - GEORGIA POWER CO | ga8k2017a2017bex1-4b.htm |
EX-1.4A - EXHIBIT 1.4A - GEORGIA POWER CO | ga8k2017a2017bex1-4a.htm |
8-K - 8-K - GEORGIA POWER CO | ga2017a2017b8-k.htm |
Exhibit 12.1 | |||||||||||||||||
GEORGIA POWER COMPANY | |||||||||||||||||
Computation of ratio of earnings to fixed charges for | |||||||||||||||||
the five years ended December 31, 2016 |
Year ended December 31, | |||||||||||||||||||||
2012 | 2013 | 2014 | 2015 | 2016 | |||||||||||||||||
------------------------------Millions of Dollars--------------------------------- | |||||||||||||||||||||
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||||||
Earnings Before Income Taxes | $ | 1,868 | $ | 1,909 | $ | 1,966 | $ | 2,040 | $ | 2,123 | |||||||||||
Distributed income of equity investees | 7 | 4 | 2 | — | 12 | ||||||||||||||||
Interest expense, net of amounts capitalized | 366 | 361 | 348 | 363 | 388 | ||||||||||||||||
Interest component of rental expense | 61 | 64 | 64 | 98 | 103 | ||||||||||||||||
Amortization of capitalized interest | — | — | — | — | — | ||||||||||||||||
AFUDC - Debt funds | 21 | 14 | 18 | 16 | 20 | ||||||||||||||||
Earnings as defined | $ | 2,323 | $ | 2,352 | $ | 2,398 | $ | 2,517 | $ | 2,646 | |||||||||||
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||||||
Interest on long-term debt | $ | 365 | $ | 341 | $ | 333 | $ | 345 | $ | 376 | |||||||||||
Interest on affiliated loans | — | — | 1 | 1 | 1 | ||||||||||||||||
Interest on interim obligations | 1 | 1 | 1 | — | — | ||||||||||||||||
Amortization of debt discount, premium and expense, net | 23 | 26 | 25 | 25 | 22 | ||||||||||||||||
Other interest charges | (2 | ) | 6 | 7 | 8 | 10 | |||||||||||||||
Interest component of rental expense | 61 | 65 | 64 | 98 | 102 | ||||||||||||||||
Fixed charges as defined | $ | 448 | $ | 439 | $ | 431 | $ | 477 | $ | 511 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 5.18 | 5.36 | 5.56 | 5.28 | 5.17 |