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Filing tables
Filing exhibits
- 10-K Annual report
- 12.1 Statement of Ratios of Earnings to Fixed Charges of Puget Energy, Inc.
- 12.2 Statement of Ratios of Earnings to Fixed Charges of Puget Sound Energy, Inc.
- 21.1 Subsidiaries of Puget Energy, Inc.
- 21.2 Subsidiaries of Puget Sound Energy, Inc
- 23.1 Consent of Pricewaterhousecoopers LLP.
- 31.1 Certification of Puget Energy, Inc. - Certification Pursuant to 18 U.s.c. Sectio
- 31.2 Certification of Puget Energy, Inc. - Certification Pursuant to 18 U.s.c. Sectio
- 31.3 Certification of Puget Sound Energy, Inc. - Certification Pursuant to 18 U.s.c.
- 31.4 Certification of Puget Sound Energy, Inc. - Certification Pursuant to 18 U.s.c.
- 32.1 Certification Pursuant to 18 U.s.c. Section 1350, As Adopted Pursuant to Section
- 32.2 Certification Pursuant to 18 U.s.c. Section 1350, As Adopted Pursuant to Section
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Exhibit 12.1 | ||||||||||||||||||||
PUGET ENERGY | ||||||||||||||||||||
STATEMENT SETTING FORTH COMPUTATIONS OF RATIOS OF | ||||||||||||||||||||
EARNINGS TO FIXED CHARGES | ||||||||||||||||||||
(Dollars in Thousands) | ||||||||||||||||||||
Years Ended December 31, | ||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
Earnings Available For Fixed Charges: | ||||||||||||||||||||
Pre-tax income: | ||||||||||||||||||||
Income from continuing operations before income taxes | $ | 453,103 | $ | 332,954 | $ | 228,820 | $ | 408,136 | $ | 378,546 | ||||||||||
AFUDC - equity | (12,576 | ) | (9,325 | ) | (7,002 | ) | (15,930 | ) | (25,469 | ) | ||||||||||
AFUDC - debt | (9,304 | ) | (7,575 | ) | (5,611 | ) | (11,261 | ) | (22,216 | ) | ||||||||||
Total | 431,223 | 316,054 | 216,207 | 380,945 | 330,861 | |||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | 355,139 | 356,696 | 367,308 | 392,264 | 392,216 | |||||||||||||||
Other interest | 12,576 | 9,325 | 7,002 | 15,930 | 25,469 | |||||||||||||||
Portion of rentals representative of the interest factor (a) | 8,061 | 8,980 | 10,732 | 10,257 | 10,251 | |||||||||||||||
Total | 375,776 | 375,001 | 385,042 | 418,451 | 427,936 | |||||||||||||||
Earnings available for combined fixed changes | $ | 806,999 | $ | 691,055 | $ | 601,249 | $ | 799,396 | $ | 758,797 | ||||||||||
Ratio of Earnings to Fixed Changes | $ | 2.15 | x | $ | 1.84 | x | $ | 1.56 | x | $ | 1.91 | x | $ | 1.77 | x |
(a) Represents interest portion of rents estimated at 33 1/3 percent.