EX-99.2 5 w57540ex99-2.htm EX-99.2 ex99-2
 

EXHIBIT 99.2

WASHINGTON GAS LIGHT COMPANY

Computation of Ratio of Earnings to Fixed Charges

Twelve Months Ended December 31, 2001
(Dollars in Thousands)
(Unaudited)

           
FIXED CHARGES:
       
 
Interest Expense
  $ 48,155  
Amortization of Debt Premium, Discount and Expense
    (74 )
Interest Component of Rentals
    12  
 
   
 
 
Total Fixed Charges
  $ 48,093  
 
   
 
EARNINGS:
       
 
Net Income Applicable to Common Stock
  $ 64,106  
 
Add:
       
 
Income Taxes Applicable to Utility Operating Income
    45,105  
 
Income Taxes Applicable to Non-Utility Operating Income
    (640 )
 
Income Taxes Applicable to Other Income (Expenses)-Net
    (656 )
 
Total Fixed Charges
    48,093  
 
   
 
 
Total Earnings
  $ 156,008  
 
   
 
Ratio of Earnings to Fixed Charges
    3.2