EX-12 4 scg_ratios2002.txt EXHIBIT 12.02 EXHIBIT 12.2 SOUTHERN CALIFORNIA GAS COMPANY COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in millions)
1998 1999 2000 2001 2002 -------- -------- -------- -------- -------- Fixed Charges: Interest $ 81 $ 62 $ 72 $ 70 $ 47 Interest portion of annual rentals 4 3 4 3 2 -------- -------- -------- -------- -------- Total fixed charges for purpose of ratio $ 85 $ 65 $ 76 $ 73 $ 49 ======== ======== ======== ======== ======== Earnings: Pretax income from continuing operations $287 $383 $390 $377 $391 Add: Total fixed charges (from above) 85 65 76 73 49 -------- -------- -------- ------- --------- Total earnings for purpose of ratio $372 $448 $466 $450 $440 ======== ======== ======== ======= ========= Ratio of earnings to fixed charges 4.38 6.89 6.13 6.16 8.98 ======== ======== ======== ======= =========