EX-12 2 d81287exv12.htm EX-12 exv12
Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
March 31, 2011
                                 
    Three Months Ended   Six Months Ended
    March 31   March 31
    2011   2010   2011   2010
    (Dollars in thousands)
Income from continuing operations before provision for income taxes per statement of income
   $ 206,217     $ 185,007     $ 326,672     $ 336,626  
Add:
                                
Portion of rents representative of the interest factor
     1,833       1,856       3,666       3,953  
Interest on debt & amortization of debt expense
     37,892       39,582       76,809       78,290  
     
Income as adjusted
   $ 245,942     $ 226,445     $ 407,147     $ 418,869  
     
 
Fixed charges:
                                
Interest on debt & amortization of debt expense (1)
   $ 37,892     $ 39,582     $ 76,809     $ 78,290  
Capitalized interest (2)
     231       357       754       1,788  
Rents
     5,500       5,567       10,998       11,857  
Portion of rents representative of the interest factor (3)
     1,833       1,856       3,666       3,953  
     
Fixed charges (1)+(2)+(3)
   $ 39,956     $ 41,795     $ 81,229     $ 84,031  
     
 
                                
Ratio of earnings to fixed charges
     6.16       5.42       5.01       4.98