EX-12 6 str10k4q2010ex123.htm EXHIBIT 12.3 Exhibit 12



Exhibit 12.3


Questar Gas Company

Ratio of Earnings to Fixed Charges


 

12 Months Ended December 31,

 

2010

2009

2008

 

(dollars in millions)

Earnings

 

 

 

Income before income taxes

$69.1 

$66.0 

$64.2 

Add (deduct):

 

 

 

  Fixed charges

27.7 

30.1 

27.3 

  Capitalized interest

(0.2)

(0.3)

(0.8)

Total Earnings

$96.6 

$95.8 

$90.7 

--

 

 

 

Fixed Charges

 

 

 

Interest expense

$26.2 

$28.5 

$25.2 

Capitalized interest

0.2 

0.3 

0.8 

Estimate of interest within rental expense

1.3 

1.3 

1.3 

Total Fixed Charges

$27.7 

$30.1 

$27.3 

--

 

 

 

Ratio of Earnings to Fixed Charges

3.5 

3.2 

3.3 


For purposes of this presentation, earnings represent income before income taxes adjusted for fixed charges. Fixed charges consist of total interest charges (expensed and capitalized), amortization of debt issuance costs and losses from reacquired debt, and the interest portion of rental expense estimated at 50%.