Attached files
file | filename |
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EX-32.02 - EX-32.02 - Southwest Gas Holdings, Inc. | d553725dex3202.htm |
EX-32.01 - EX-32.01 - Southwest Gas Holdings, Inc. | d553725dex3201.htm |
EX-31.02 - EX-31.02 - Southwest Gas Holdings, Inc. | d553725dex3102.htm |
EX-31.01 - EX-31.01 - Southwest Gas Holdings, Inc. | d553725dex3101.htm |
EX-12.01 - EX-12.01 - Southwest Gas Holdings, Inc. | d553725dex1201.htm |
EX-10.02 - EX-10.02 - Southwest Gas Holdings, Inc. | d553725dex1002.htm |
EX-10.01 - EX-10.01 - Southwest Gas Holdings, Inc. | d553725dex1001.htm |
10-Q - 10-Q - Southwest Gas Holdings, Inc. | d553725d10q.htm |
Exhibit 12.02
SOUTHWEST GAS CORPORATION
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Thousands of dollars)
For the Twelve Months Ended | ||||||||||||||||||||
Mar 31, | December 31, | |||||||||||||||||||
Continuing operations | 2018 | 2017 | 2016 | 2015 | 2014 | |||||||||||||||
1. Fixed charges: |
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A) Interest expense |
$ | 71,952 | $ | 69,576 | $ | 66,337 | $ | 63,877 | $ | 67,464 | ||||||||||
B) Amortization |
1,853 | 1,823 | 1,835 | 1,884 | 2,063 | |||||||||||||||
C) Interest portion of rentals |
1,758 | 1,642 | 1,453 | 1,395 | 1,777 | |||||||||||||||
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Total fixed charges |
$ | 75,563 | $ | 73,041 | $ | 69,625 | $ | 67,156 | $ | 71,304 | ||||||||||
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2. Earnings (as defined): |
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D) Pretax income from continuing operations |
$ | 219,800 | $ | 219,953 | $ | 178,007 | $ | 172,980 | $ | 180,469 | ||||||||||
Fixed Charges (1. above) |
75,563 | 73,041 | 69,625 | 67,156 | 71,304 | |||||||||||||||
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Total earnings as defined |
$ | 295,363 | $ | 292,994 | $ | 247,632 | $ | 240,136 | $ | 251,773 | ||||||||||
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3. Ratio of earnings to fixed charges |
3.91 | 4.01 | 3.56 | 3.58 | 3.53 | |||||||||||||||
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