EX-12 2 d27737exv12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
June 30, 2005
                                 
    Three Months Ended     Nine Months Ended  
    June 30     June 30  
    2005     2004     2005     2004  
    (Dollars in thousands)  
Income from continuing operations before provision for income taxes per statement of income
   $ 7,303     $ 7,636     $ 243,886     $ 148,759  
Add:
                                
Portion of rents representative of the interest factor
     1,040       920       3,236       2,660  
Interest on debt & amortization of debt expense
     33,689       16,011       99,304       49,506  
     
Income as adjusted
   $ 42,032     $ 24,567     $ 346,426     $ 200,925  
     
Fixed charges:
                                
Interest on debt & amortization of debt expense (1)
   $ 33,689     $ 16,011     $ 99,304     $ 49,506  
Capitalized interest (2)
     563       457       1,914       802  
Rents
     3,120       2,760       9,707       7,981  
Portion of rents representative of the interest factor (3)
     1,040       920       3,236       2,660  
     
Fixed charges (1)+(2)+(3)
   $ 35,292     $ 17,388     $ 104,454     $ 52,968  
     
Ratio of earnings to fixed charges
     1.19       1.41       3.32       3.79