Attached files

file filename
EX-32.02 - EX-32.02 - Southwest Gas Holdings, Inc.d817823dex3202.htm
EX-32.01 - EX-32.01 - Southwest Gas Holdings, Inc.d817823dex3201.htm
EX-31.02 - EX-31.02 - Southwest Gas Holdings, Inc.d817823dex3102.htm
EX-31.01 - EX-31.01 - Southwest Gas Holdings, Inc.d817823dex3101.htm
EX-12.01 - EX-12.01 - Southwest Gas Holdings, Inc.d817823dex1201.htm
10-Q - FORM 10-Q - Southwest Gas Holdings, Inc.d817823d10q.htm

Exhibit 12.02

SOUTHWEST GAS CORPORATION

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

(Thousands of dollars)

 

     For the Twelve Months Ended  
     Jun 30,      December 31,  
Continuing operations    2018      2017      2016      2015      2014  

1. Fixed charges:

              

A) Interest expense

   $ 75,462      $ 69,576      $ 66,337      $ 63,877      $ 67,464  

B) Amortization

     1,938        1,823        1,835        1,884        2,063  

C) Interest portion of rentals

     1,631        1,642        1,453        1,395        1,777  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total fixed charges

   $ 79,031      $ 73,041      $ 69,625      $ 67,156      $ 71,304  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

2. Earnings (as defined):

              

D) Pretax income from continuing operations

   $ 209,682      $ 219,953      $ 178,007      $ 172,980      $ 180,469  

Fixed Charges (1. above)

     79,031        73,041        69,625        67,156        71,304  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total earnings as defined

   $ 288,713      $ 292,994      $ 247,632      $ 240,136      $ 251,773  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

3. Ratio of earnings to fixed charges

     3.65        4.01        3.56        3.58        3.53