EX-12 2 ato2018630ex-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
 
 
2018
 
2017
 
2018
 
2017
 
 
(Dollars in thousands)
Income from continuing operations before provision for income taxes per statement of income
 
$
97,641

 
$
111,877

 
$
547,089

 
$
548,832

Add:
 
 
 
 
 
 
 
 
Portion of rents representative of the interest factor
 
3,080

 
3,228

 
9,904

 
9,496

Interest on debt & amortization of debt expense
 
23,349

 
28,498

 
82,162

 
86,472

Income as adjusted
 
$
124,070

 
$
143,603

 
$
639,155

 
$
644,800

Fixed charges:
 
 
 
 
 
 
 
 
Interest on debt & amortization of debt expense (1)
 
$
23,349

 
$
28,498

 
$
82,162

 
$
86,472

Capitalized interest (2)
 
1,890

 
661

 
4,639

 
1,576

Rents
 
9,240

 
9,685

 
29,711

 
28,489

Portion of rents representative of the interest factor (3)
 
3,080

 
3,228

 
9,904

 
9,496

Fixed charges (1)+(2)+(3)
 
$
28,319

 
$
32,387

 
$
96,705

 
$
97,544

Ratio of earnings to fixed charges
 
4.38

 
4.43

 
6.61

 
6.61