EX-12.1 6 l23022aexv12w1.htm EX-12.1 EX-12.1
 

Exhibit 12.1
Chesapeake Utilities Corporation and Subsidiaries
Ratio of Earnings to Fixed Charges
         
For the Six Months Ended June 30,   2006
 
Income from continuing operations
   $ 7,228,925  
Add:
        
Income taxes
     4,561,281  
Portion of rents representative of interest factor
     139,659  
Interest on indebtedness
     2,969,087  
Amortization of debt discount and expense
     25,602  
 
Earnings as adjusted
   $ 14,924,554  
 
 
        
Fixed Charges
        
Portion of rents representative of interest factor
   $ 139,659  
Interest on indebtedness
     2,969,087  
Amortization of debt discount and expense
     25,602  
 
Fixed Charges
   $ 3,134,348  
 
 
        
Ratio of Earnings to Fixed Charges
     4.76