EX-12 2 d48890exv12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
June 30, 2007
                                 
    Three Months Ended     Nine Months Ended  
    June 30     June 30  
    2007     2006     2007     2006  
            (Dollars in thousands)          
Income (loss) from continuing operations before provision for income taxes per statement of income
   $ (22,482 )   $ (30,178 )   $ 286,313     $ 226,680  
Add:
                                
Portion of rents representative of the interest factor
     1,438       1,485       4,287       4,350  
Interest on debt & amortization of debt expense
     34,479       35,944       109,273       107,625  
 
                        
Income as adjusted
   $ 13,435     $ 7,251     $ 399,873     $ 338,655  
 
                        
Fixed charges:
                                
Interest on debt & amortization of debt expense (1)
   $ 34,479     $ 35,944     $ 109,273     $ 107,625  
Capitalized interest (2)
     815       1,201       2,265       2,984  
Rents
     4,313       4,456       12,861       13,049  
Portion of rents representative of the interest factor (3)
     1,438       1,485       4,287       4,350  
 
                        
Fixed charges (1)+(2)+(3)
   $ 36,732     $ 38,630     $ 115,825     $ 114,959  
 
                        
Ratio of earnings to fixed charges
     0.37       0.19       3.45       2.95