EX-12 3 ex12_2scg.htm EX. 12.02 RATIOS (SOCALGAS) Southern California Gas Company EXHIBIT 12.2

EXHIBIT 12.2

SOUTHERN CALIFORNIA GAS COMPANY

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions)

2000

2001

2002

2003

2004

Fixed Charges:

Interest

$ 72

$ 70

$ 47

$ 48

$ 40

Interest portion of annual rentals

4

3

2

2

2

Total fixed charges for purpose of ratio

$ 76

$ 73

$ 49

$ 50

$ 42

Earnings:

Pretax income from continuing operations

$ 390

$ 377

$ 391

$ 360

$ 387

Add: total fixed charges (from above)

76

73

49

50

42

Total earnings for purpose of ratio

$ 466

$ 450

$ 440

$ 410

$ 429

Ratio of earnings to fixed charges

6.13

6.16

8.98

8.20

10.21