Attached files
file | filename |
---|---|
EX-99 - EXHIBIT 99 JP MORGAN CHASE & CO FINANCIAL INFORMATION - RURAL ELECTRIC COOPERATIVE GRANTOR TRUST KEPCO SERIES 1997 | kepco201610-kexhibit99.htm |
EX-32.2 - EXHIBIT 32.2 CFO SECTION 906 CERTIFICATION - RURAL ELECTRIC COOPERATIVE GRANTOR TRUST KEPCO SERIES 1997 | kepco201610-kexhibit322.htm |
EX-32.1 - EXHIBIT 32.1 CEO SECTION 906 CERTIFICATION - RURAL ELECTRIC COOPERATIVE GRANTOR TRUST KEPCO SERIES 1997 | kepco201610-kexhibit321.htm |
EX-31.2 - EXHIBIT 31.2 CFO SECTION 302 CERTIFICATION - RURAL ELECTRIC COOPERATIVE GRANTOR TRUST KEPCO SERIES 1997 | kepco201610-kexhibit312.htm |
EX-31.1 - EXHIBIT 31.1 CEO SECTION 302 CERTIFICATION - RURAL ELECTRIC COOPERATIVE GRANTOR TRUST KEPCO SERIES 1997 | kepco201610-kexhibit311.htm |
10-K - 10-K KEPCO 12-31-2016 - RURAL ELECTRIC COOPERATIVE GRANTOR TRUST KEPCO SERIES 1997 | kepco10-k12312016.htm |
EXHIBIT 12
RURAL ELECTRIC COOPERATIVE GRANTOR TRUST (KEPCO) SERIES 1997
Computation of Ratio of Earnings to Fixed Charges
Year Ended December 31, | |||||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||||
Earnings: | |||||||||||||||||||||||||
Net income | $ | 508,600 | $ | 940,126 | $ | 1,342,612 | $ | 1,855,558 | $ | 1,624,327 | |||||||||||||||
Add: Fixed charges | 62,487 | 39,922 | 97,103 | 60,883 | 86,104 | ||||||||||||||||||||
Earnings available for fixed charges | $ | 571,087 | $ | 980,048 | $ | 1,439,715 | $ | 1,916,441 | $ | 1,710,431 | |||||||||||||||
Fixed charges: | |||||||||||||||||||||||||
Interest expense on all debt | $ | 62,487 | $ | 39,922 | $ | 97,103 | $ | 60,883 | $ | 86,104 | |||||||||||||||
Total fixed charges | $ | 62,487 | $ | 39,922 | $ | 97,103 | $ | 60,883 | $ | 86,104 | |||||||||||||||
Ratio of income to fixed charges | 9.14 | 24.55 | 14.83 | 31.48 | 19.86 | ||||||||||||||||||||