EX-12 2 d38604exv12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
June 30, 2006
                                 
    Three Months Ended     Nine Months Ended  
    June 30     June 30  
    2006     2005     2006     2005  
    (Dollars in thousands)  
 
                                
Income from continuing operations before provision for income taxes per statement of income
   $ (30,178 )   $ 7,303     $ 226,680     $ 243,886  
Add:
                                
Portion of rents representative of the interest factor
     1,485       1,040       4,350       3,236  
Interest on debt & amortization of debt expense
     35,944       33,689       107,625       99,304  
     
Income as adjusted
   $ 7,251     $ 42,032     $ 338,655     $ 346,426  
     
 
                                
Fixed charges:
                                
Interest on debt & amortization of debt expense (1)
   $ 35,944     $ 33,689     $ 107,625     $ 99,304  
Capitalized interest (2)
     1,201       563       2,984       1,914  
Rents
     4,456       3,120       13,049       9,707  
Portion of rents representative of the interest factor (3)
     1,485       1,040       4,350       3,236  
     
Fixed charges (1)+(2)+(3)
   $ 38,630     $ 35,292     $ 114,959     $ 104,454  
     
 
                                
Ratio of earnings to fixed charges
     0.19       1.19       2.95       3.32