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Previous: HAWAIIAN ELECTRIC INDUSTRIES CAPITAL TRUST I, 10-Q, 2000-08-09 |
Next: HAWAIIAN ELECTRIC INDUSTRIES CAPITAL TRUST I, 10-Q, EX-27, 2000-08-09 |
<PAGE>
Exhibit 12
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Hawaiian Electric Industries Capital Trust I
COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED SECURITIES DISTRIBUTIONS
(unaudited)
<TABLE>
<CAPTION>
Six months ended June 30,
------------------------------------------
(dollars in thousands) 2000 1999
---------------------------------------------------------------------------------------------------------
<S> <C> <C>
Earnings................................................ $4,309 $4,309
============= ============
Fixed charges........................................... $ - $ -
Preferred securities distributions...................... 4,180 4,180
------------- -------------
Total combined fixed charges and
preferred securities distributions................... $4,180 $4,180
============== =============
Ratio of earnings to combined fixed charges and
preferred securities distributions................... 1.03 1.03
============== ==============
</TABLE>
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