EX-12 2 ato20131231exhibit12.htm EX-12 ATO 2013.12.31 Exhibit 12


Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
December 31, 2013
 
 
 
Three Months Ended 
 December 31
 
 
2013
 
2012
 
 
(Dollars in thousands)
Income from continuing operations before provision for income taxes per statement of income
 
$
136,473

 
$
125,098

Add:
 
 
 
 
Portion of rents representative of the interest factor
 
3,137

 
3,141

Interest on debt & amortization of debt expense
 
32,115

 
30,522

Income as adjusted
 
$
171,725

 
$
158,761

Fixed charges:
 
 
 
 
Interest on debt & amortization of debt expense(1)
 
$
32,115

 
$
30,522

Capitalized interest(2)
 
474

 
475

Rents
 
9,412

 
9,422

Portion of rents representative of the interest factor(3)
 
3,137

 
3,141

Fixed charges(1)+(2)+(3)
 
$
35,726

 
$
34,138

Ratio of earnings to fixed charges
 
4.81

 
4.65