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RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12
Earnings | |
Income before interest expense | $18,860 |
Add: | |
Income tax items | 6,013 |
Income tax on other income | 576 |
Amortization of debt discount, premium expense | 152 |
AFUDC - borrowed funds | 97 |
Interest on rentals | 473 |
Total earnings before interest and taxes | $26,171 |
Fixed Charges | |
Interest on long-term debt | $ 5,961 |
Other interest | 508 |
Amortization of debt discount, premium expense | 152 |
Interest on rentals | 473 |
Total fixed charges | $ 7,094 |
Ratio of Earnings to Fixed Charges | 3.69x |
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