Attached files
| file | filename |
|---|---|
| EX-8.1 - EXHIBIT 8.1 - GEORGIA POWER CO | ex8-1a8xk2017ajsn.htm |
| EX-5.1 - EXHIBIT 5.1 - GEORGIA POWER CO | ex5-1ga8xk2017ajsn.htm |
| EX-4.4 - EXHIBIT 4.4 - GEORGIA POWER CO | ga1stsupind2017ajsn-9x17.htm |
| EX-4.3 - EXHIBIT 4.3 - GEORGIA POWER CO | gasubnoteindenture9-17xfin.htm |
| EX-1.4 - EXHIBIT 1.4 - GEORGIA POWER CO | ga2017ajsn8-kex1x4.htm |
| 8-K - 8-K - GEORGIA POWER CO | ga8-k2017ajsn9x17.htm |
Exhibit 12.1 | |||||||||||||||||
GEORGIA POWER COMPANY | |||||||||||||||||
Computation of ratio of earnings to fixed charges for | |||||||||||||||||
the five years ended December 31, 2016 | |||||||||||||||||
and the year to date June 30, 2017 | |||||||||||||||||
Year Ended December 31, | Six Months Ended June 30, | ||||||||||||||||||||||
2012 | 2013 | 2014 | 2015 | 2016 | 2017 | ||||||||||||||||||
---------------------------------------------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 | $ | 968 | |||||||||||
Distributed income of equity investees | 7 | 4 | 2 | — | 12 | 7 | |||||||||||||||||
Interest expense, net of amounts capitalized | 366 | 361 | 348 | 363 | 388 | 205 | |||||||||||||||||
Interest component of rental expense | 61 | 64 | 64 | 98 | 103 | 38 | |||||||||||||||||
Amortization of capitalized interest | — | — | — | — | — | — | |||||||||||||||||
AFUDC - Debt funds | 21 | 14 | 18 | 16 | 20 | 11 | |||||||||||||||||
Earnings as defined | $ | 2,323 | $ | 2,352 | $ | 2,398 | $ | 2,517 | $ | 2,646 | $ | 1,229 | |||||||||||
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||||||||
Interest on long-term debt | $ | 365 | $ | 341 | $ | 333 | $ | 345 | $ | 376 | $ | 199 | |||||||||||
Interest on affiliated loans | — | — | 1 | 1 | 1 | 1 | |||||||||||||||||
Interest on interim obligations | 1 | 1 | 1 | — | — | — | |||||||||||||||||
Amortization of debt discount, premium and expense, net | 23 | 26 | 25 | 25 | 22 | 11 | |||||||||||||||||
Other interest charges | (2 | ) | 6 | 7 | 8 | 10 | 5 | ||||||||||||||||
Interest component of rental expense | 61 | 65 | 64 | 98 | 102 | 38 | |||||||||||||||||
Fixed charges as defined | $ | 448 | $ | 439 | $ | 431 | $ | 477 | $ | 511 | $ | 254 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 5.18 | 5.36 | 5.56 | 5.28 | 5.17 | 4.85 | |||||||||||||||||