EX-12 2 d74537exv12.htm EX-12 exv12
Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
June 30, 2010
                                 
    Three Months Ended     Nine Months Ended  
    June 30     June 30  
    2010     2009     2010     2009  
            (Dollars in thousands)          
Income (loss) from continuing operations before provision for income taxes per statement of income
   $ (4,031 )   $ 3,391     $ 332,595     $ 316,742  
Add:
                                
Portion of rents representative of the interest factor
     1,930       1,681       5,883       5,163  
Interest on debt & amortization of debt expense
     37,290       41,511       115,580       116,035  
     
Income as adjusted
   $ 35,189     $ 46,583     $ 454,058     $ 437,940  
     
 
                                
Fixed charges:
                                
Interest on debt & amortization of debt expense (1)
   $ 37,290     $ 41,511     $ 115,580     $ 116,035  
Capitalized interest (2)
     1,566       1,841       3,354       3,412  
Rents
     5,792       5,044       17,649       15,489  
Portion of rents representative of the interest factor (3)
     1,930       1,681       5,883       5,163  
     
Fixed charges (1)+(2)+(3)
   $ 40,786     $ 45,033     $ 124,817     $ 124,610  
     
 
                                
Ratio of earnings to fixed charges
     0.86       1.03       3.64       3.51