Exhibit 12

AGL Resources Inc.

Statement Setting Forth Ratio of Earnings to Fixed Charges

	Six months ended			Fiscal			Fiscal			Fiscal			Fiscal			Fiscal
Dollars in millions	June 30, 2014			2013			2012			2011			2010			2009
Earnings before income taxes	$	665		$	522		$	450		$	311		$	390		$	384
Add:
Fixed charges (see “B” below)		100			200			203			145			123			115
Amortization of capitalized interest (1)		-			-			-			1			-			-
Distributed income of equity investees		4			3			14			-			-			-
Less:
Interest capitalized (1)		-			-			(1	)		(1	)		(5	)		(3	)
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges		(14	)		(18	)		(15	)		(14	)		(16	)		(27	)
Adjusted earnings (A)	$	755		$	707		$	651		$	442		$	492		$	469
Fixed charges
Interest on long-term debt	$	93		$	182		$	177		$	101		$	109		$	98
Other interest, including amortized premiums, discounts and capitalized expenses related to indebtedness liability		4			6			13			37			7			10
Estimated interest components of rentals		3			12			13			7			7			7
Total fixed charges (B)	$	100		$	200		$	203		$	145		$	123		$	115
Ratio of earnings to fixed charges (A)/(B)		7.55			3.54			3.21			3.05			4.00			4.08

(1)   Includes interest capitalized and related amortization for our nonregulated segments.