EX-12 7 d22285exv12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12

Atmos Energy Corporation
Computation of Earnings to Fixed Charges
December 31, 2004

                 
    Three Months Ended  
    December 31  
    2004     2003  
    (Dollars in thousands)  
Income from continuing operations before provision for income taxes per statement of income
   $ 96,517     $ 47,413  
Add:
                
Portion of rents representative of the interest factor
     1,058       890  
Interest on debt & amortization of debt expense
     32,542       17,335  
     
Income as adjusted
   $ 130,117     $ 65,638  
     
Fixed charges:
                
Interest on debt & amortization of debt expense (1)
   $ 32,542     $ 17,335  
Capitalized interest (2)
     544       164  
Rents
     3,173       2,671  
Portion of rents representative of the interest factor (3)
     1,058       890  
     
Fixed charges (1)+(2)+(3)
   $ 34,144     $ 18,389  
     
Ratio of earnings to fixed charges
     3.81       3.57