EX-99.3 4 v386183_ex99-3.htm CALCULATION OF EARNINGS COVERAGE

 

Exhibit 99.3

 

PEMBINA PIPELINE CORPORATION

 

SUPPLEMENTAL FINANCIAL INFORMATION (unaudited)

 

Exhibit to June 30, 2014 Consolidated Interim Statement of Comprehensive Income

 

CONSOLIDATED INTERIM STATEMENT OF COMPREHENSIVE INCOME COVERAGE RATIO

 

The following ratio, based on the Consolidated Interim Statement of Comprehensive Income, is for the twelve month period then ended.

 

 
  Twelve Months Ended June 30, 2014
Earnings coverage (1) 4.4x

 

(1)Earnings coverage is equal to profit attributable to owners of Pembina before borrowing costs and income taxes divided by borrowing costs (including capitalized costs) and dividend obligations on preferred shares.