EX-12 2 ato20170630ex-12.htm EXHIBIT 12 Exhibit


Exhibit 12
Atmos Energy Corporation
Computation of Earnings to Fixed Charges
 
 
 
Three Months Ended 
 June 30
 
Nine Months Ended 
 June 30
 
 
2017
 
2016
 
2017
 
2016
 
 
(Dollars in thousands)
Income from continuing operations before provision for income taxes per statement of income
 
$
111,877

 
$
101,835

 
$
548,832

 
$
487,916

Add:
 
 
 
 
 
 
 
 
Portion of rents representative of the interest factor
 
3,228

 
3,193

 
9,496

 
9,469

Interest on debt & amortization of debt expense
 
28,498

 
27,679

 
86,472

 
84,775

Income as adjusted
 
$
143,603

 
$
132,707

 
$
644,800

 
$
582,160

Fixed charges:
 
 
 
 
 
 
 
 
Interest on debt & amortization of debt expense (1)
 
$
28,498

 
$
27,679

 
$
86,472

 
$
84,775

Capitalized interest (2)
 
661

 
760

 
1,576

 
2,129

Rents
 
9,685

 
9,581

 
28,489

 
28,408

Portion of rents representative of the interest factor (3)
 
3,228

 
3,193

 
9,496

 
9,469

Fixed charges (1)+(2)+(3)
 
$
32,387

 
$
31,632

 
$
97,544

 
$
96,373

Ratio of earnings to fixed charges
 
4.43

 
4.20

 
6.61

 
6.04