Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
analyst, Article, assistance, automatic, benchmark, budget, ceiling, channel, colder, contractor, cybersecurity, death, declassified, deleted, detailed, discovery, East, evidence, Fed, feedback, formal, infrastructure, link, Mandeville, Mansfield, mechanism, modernization, modified, mutual, noncurrent, nonrecoverable, Oberlin, outlined, Pool, publicly, Quick, redesignated, replenish, retainage, sequestration, shutdown, size, Southwest, spending, staggered, stakeholder, surcredit, testimony, warmer, withdrawn, withdrew, XIV
Filing tables
Filing exhibits
Related press release
Cleco Corporate similar filings
Filing view
External links
CLECO POWER | EXHIBIT 12(b) |
Computation of Ratios of Earnings to Fixed Charges | ||||||||||||
FOR THE THREE MONTHS ENDED | FOR THE NINE MONTHS ENDED | FOR THE TWELVE MONTHS ENDED | ||||||||||
(THOUSANDS, EXCEPT RATIOS) | SEPT. 30, 2013 | |||||||||||
Earnings from continuing operations | $ | 61,885 | $ | 124,142 | $ | 149,117 | ||||||
Income taxes | 33,355 | 65,558 | 78,942 | |||||||||
Earnings from continuing operations before income taxes | $ | 95,240 | $ | 189,700 | $ | 228,059 | ||||||
Fixed charges: | ||||||||||||
Interest | $ | 18,279 | $ | 59,504 | $ | 78,867 | ||||||
Amortization of debt expense, premium, net | 799 | 2,304 | 3,016 | |||||||||
Portion of rentals representative of an interest factor | 129 | 381 | 504 | |||||||||
Interest of capitalized lease | 152 | 479 | 1,108 | |||||||||
Total fixed charges | $ | 19,359 | $ | 62,668 | $ | 83,495 | ||||||
Earnings from continuing operations before income taxes | $ | 95,240 | $ | 189,700 | $ | 228,059 | ||||||
Plus: total fixed charges from above | 19,359 | 62,668 | 83,495 | |||||||||
Plus: amortization of capitalized interest | 51 | 153 | 204 | |||||||||
Earnings from continuing operations before income taxes and fixed charges | $ | 114,650 | $ | 252,521 | $ | 311,758 | ||||||
Ratio of earnings to fixed charges | 5.92 | X | 4.03 | X | 3.73 | X |