EX-12.1 8 ogs10-k2013exhibit121.htm EXHIBIT OGS 10-K 2013 Exhibit 12.1
Exhibit 12.1

ONE Gas Predecessor
Computation of Ratio of Earnings to Fixed Charges

(Unaudited)

2013
 
2012
 
2011
 
2010
 
2009
 
 
 
 
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
 
 
 
Interest on long-term debt
$
62,635

 
$
62,088

 
$
55,848

 
$
53,361

 
$
67,182

 
Interest on lease agreements
1,602

 
1,601

 
1,529

 
1,663

 
1,770

 
Total fixed charges
64,237

 
63,689

 
57,377

 
55,024

 
68,952

 
Earnings before income taxes
161,467

 
156,360

 
142,762

 
173,521

 
146,444

 
Earnings available for fixed charges
$
225,704

 
$
220,049

 
$
200,139

 
$
228,545

 
$
215,396

 
Ratio of earnings to fixed charges
3.51

x
3.46

x
3.49

x
4.15

x
3.12

x