EX-12 2 d56325exv12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
March 31, 2008
                                 
    Three Months Ended   Six Months Ended
    March 31   March 31
    2008   2007   2008   2007
            (Dollars in thousands)        
Income from continuing operations before provision for income taxes per statement of income
   $ 179,094     $ 175,588     $ 300,693     $ 308,795  
Add:
                                
Portion of rents representative of the interest factor
     1,704       1,419       3,430       2,849  
Interest on debt & amortization of debt expense
     33,516       35,262       70,333       74,794  
     
Income as adjusted
   $ 214,314     $ 212,269     $ 374,456     $ 386,438  
     
 
                                
Fixed charges:
                                
Interest on debt & amortization of debt expense (1)
   $ 33,516     $ 35,262     $ 70,333     $ 74,794  
Capitalized interest (2)
     607       805       1,219       1,450  
Rents
     5,113       4,257       10,289       8,548  
Portion of rents representative of the interest factor (3)
     1,704       1,419       3,430       2,849  
     
Fixed charges (1)+(2)+(3)
   $ 35,827     $ 37,486     $ 74,982     $ 79,093  
     
 
                                
Ratio of earnings to fixed charges
     5.98       5.66       4.99       4.89