Attached files
| file | filename |
|---|---|
| 10-K - PACIFICORP FORM 10-K 12-31-2010 - PACIFICORP /OR/ | pacificorp123110form10k.htm |
| EX-12.1 - STATEMENTS OF COMPUTATION OF RATIO - PACIFICORP /OR/ | pacificorp123110ex121.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - PACIFICORP /OR/ | pacificorp123110ex312.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - PACIFICORP /OR/ | pacificorp123110ex311.htm |
| EX-10.1 - SUMMARY OF KEY TERMS OF COMPENSATION - PACIFICORP /OR/ | pacificorp123110ex101.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - PACIFICORP /OR/ | pacificorp123110ex321.htm |
| EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - PACIFICORP /OR/ | pacificorp123110ex231.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - PACIFICORP /OR/ | pacificorp123110ex322.htm |
EXHIBIT 12.2
PACIFICORP
STATEMENTS OF COMPUTATION OF RATIO
OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
(DOLLARS IN MILLIONS)
Nine-Month | ||||||||||||||||||||
Years Ended December 31, | Period Ended | |||||||||||||||||||
2010 | 2009 | 2008 | 2007 | December 31, 2006 | ||||||||||||||||
Earnings Available for Fixed Charges: | ||||||||||||||||||||
Income from continuing operations | ||||||||||||||||||||
before income tax expense | $ | 777 | $ | 784 | $ | 703 | $ | 665 | $ | 253 | ||||||||||
Add: | ||||||||||||||||||||
Fixed charges | 392 | 398 | 349 | 322 | 221 | |||||||||||||||
Deduct: | ||||||||||||||||||||
Net income attributable to noncontrolling | ||||||||||||||||||||
interest in subsidiary that has not | ||||||||||||||||||||
incurred fixed charges | — | (8 | ) | (7 | ) | (6 | ) | (6 | ) | |||||||||||
Total earnings available for fixed charges | $ | 1,169 | $ | 1,174 | $ | 1,045 | $ | 981 | $ | 468 | ||||||||||
Fixed Charges and Preferred Stock | ||||||||||||||||||||
Dividends: | ||||||||||||||||||||
Interest expense | $ | 387 | $ | 394 | $ | 343 | $ | 314 | $ | 215 | ||||||||||
Estimated interest portion of rentals | ||||||||||||||||||||
charged to expense | 5 | 4 | 6 | 8 | 6 | |||||||||||||||
Total fixed charges | 392 | 398 | 349 | 322 | 221 | |||||||||||||||
Preferred stock dividends | 3 | 3 | 3 | 3 | 2 | |||||||||||||||
Total fixed charges and preferred stock | ||||||||||||||||||||
dividends | $ | 395 | $ | 401 | $ | 352 | $ | 325 | $ | 223 | ||||||||||
Ratio of Earnings to Combined Fixed | ||||||||||||||||||||
Charges and Preferred Stock Dividends | 3.0 x | 2.9 x | 3.0 x | 3.0 x | 2.1 x | |||||||||||||||