Attached files
| file | filename |
|---|---|
| EX-10.15 - EXECUTIVE DEFERRAL PLAN 2011 COMPONENT - AVISTA CORP | ava-20171231xexx1015execut.htm |
| EX-21 - SUBSIDIARIES OF REGISTRANT - AVISTA CORP | ava-20171231xex21.htm |
| EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - AVISTA CORP | a20171231-ex312.htm |
| EX-10.16 - EXECUTIVE DEFERRAL PLAN 2016 COMPONENT - AVISTA CORP | ava-20171231xexx1016execut.htm |
| EX-10.33 - AVISTA CORPORATION NON-EMPLOYEE DIRECTOR COMPENSATION - AVISTA CORP | ava-20171231xex1033.htm |
| EX-32 - CERTIFICATION OF CORPORATE OFFICERS - AVISTA CORP | ava-2017x1231xex32.htm |
| EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - AVISTA CORP | ava-20171231xex23.htm |
| EX-10.25 - AVISTA CORPORATION PERFORMANCE AWARD AGREEMENT - AVISTA CORP | ava-20171231xex1025.htm |
| EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - AVISTA CORP | a20171231-ex311.htm |
| 10-K - 10-K - AVISTA CORP | ava-20171231x10k.htm |
| EX-10.14 - EXECUTIVE DEFERRAL PLAN 2005 COMPONENT - AVISTA CORP | ava-20171231xexx1014execut.htm |
Exhibit 12
AVISTA CORPORATION
Computation of Ratio of Earnings to Fixed Charges
Consolidated
(Thousands of Dollars)
Years Ended December 31 | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Fixed charges, as defined: | ||||||||||||||||||||
Interest charges | $ | 96,067 | $ | 86,897 | $ | 80,613 | $ | 74,025 | $ | 73,772 | ||||||||||
Amortization of debt expense and premium - net | 3,167 | 3,391 | 3,415 | 3,635 | 3,813 | |||||||||||||||
Interest portion of rentals | 1,160 | 1,324 | 1,287 | 1,187 | 1,146 | |||||||||||||||
Total fixed charges | $ | 100,394 | $ | 91,612 | $ | 85,315 | $ | 78,847 | $ | 78,731 | ||||||||||
Earnings, as defined: | ||||||||||||||||||||
Pre-tax income from continuing operations | $ | 198,690 | $ | 215,402 | $ | 185,619 | $ | 192,106 | $ | 162,347 | ||||||||||
Add (deduct): | ||||||||||||||||||||
Capitalized interest | (3,310 | ) | (2,651 | ) | (3,546 | ) | (3,924 | ) | (3,676 | ) | ||||||||||
Total fixed charges above | 100,394 | 91,612 | 85,315 | 78,847 | 78,731 | |||||||||||||||
Total earnings | $ | 295,774 | $ | 304,363 | $ | 267,388 | $ | 267,029 | $ | 237,402 | ||||||||||
Ratio of earnings to fixed charges | 2.95 | 3.32 | 3.13 | 3.39 | 3.02 | |||||||||||||||