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Previous: TRANSTEXAS GAS CORP, S-1/A, EX-12.1, 2000-09-26 |
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<PAGE> 1
EXHIBIT 12.2
TransTexas Gas Corporation
Pro Forma Ratio of Earnings to Combined
Fixed Charges and Stock Dividend Payments
Year Ended January 31, 2000
(in thousands of dollars)
<TABLE>
<S> <C>
Income before income taxes $ 2,825
Add:
Interest expense, net of amounts capitalized 38,526
Portion of rental expense representative of an
interest factor 1,046
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Earnings (A) $ 42,397
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Fixed charges:
Total interest $ 41,245
Preferred stock dividend requirements 46,278
Portion of rental expense representative of an interest
factor 1,046
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Fixed charges (B) $ 88,569
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Ratio of earnings to fixed charges (A/B) -
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Earnings inadequate to cover fixed charges $ 46,172
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</TABLE>
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