EX-12 2 ato20130630exhibit12.htm EX-12 ATO 2013.06.30 Exhibit 12


Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
June 30, 2013
 
 
 
Three Months Ended 
 June 30
 
Nine Months Ended 
 June 30
 
 
2013
 
2012
 
2013
 
2012
 
 
(Dollars in thousands)
Income from continuing operations before provision for income taxes per statement of income
 
$
53,188

 
$
44,562

 
$
356,845

 
$
312,586

Add:
 
 
 
 
 
 
 
 
Portion of rents representative of the interest factor
 
3,213

 
3,304

 
9,675

 
9,758

Interest on debt & amortization of debt expense
 
32,741

 
34,909

 
96,594

 
107,278

Income as adjusted
 
$
89,142

 
$
82,775

 
$
463,114

 
$
429,622

Fixed charges:
 
 
 
 
 
 
 
 
Interest on debt & amortization of debt expense(1)
 
$
32,741

 
$
34,909

 
$
96,594

 
$
107,278

Capitalized interest(2)
 
450

 
574

 
1,359

 
2,095

Rents
 
9,638

 
9,912

 
29,025

 
29,274

Portion of rents representative of the interest factor(3)
 
3,213

 
3,304

 
9,675

 
9,758

Fixed charges(1)+(2)+(3)
 
$
36,404

 
$
38,787

 
$
107,628

 
$
119,131

Ratio of earnings to fixed charges
 
2.45

 
2.13

 
4.30

 
3.61