Spire (SR) 10-Q 2006 Q2 Quarterly report

Exhibit 12

THE LACLEDE GROUP, INC. AND SUBSIDIARY COMPANIES

SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Twelve Months Ended
	March 31,		September 30,
(Thousands of Dollars)		2006		2005		2004		2003		2002		2001
Income before interest
charges and income taxes	$	104,828	$	91,435	$	84,196	$	80,270	$	60,440	$	73,742
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		3,948		3,250		2,333		2,873		2,662		313
Total Earnings	$	108,776	$	94,685	$	86,529	$	83,143	$	63,102	$	74,055
Interest on long-term debt –
Laclede Gas	$	22,570	$	22,835	$	22,010	$	20,169	$	20,820	$	18,372
Other interest		10,590		7,714		6,804		6,802		4,989		10,067
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		3,948		3,250		2,333		2,873		2,662		313
Total Fixed Charges	$	37,108	$	33,799	$	31,147	$	29,844	$	28,471	$	28,752
Ratio of Earnings to Fixed
Charges		2.93		2.80		2.78		2.79		2.22		2.58

LACLEDE GAS COMPANY

SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Twelve Months Ended
	March 31,		September 30,
(Thousands of Dollars)		2006		2005		2004		2003		2002		2001
Income before interest
charges and income taxes	$	74,902	$	72,092	$	73,956	$	76,274	$	56,154	$	73,742
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,141		938		538		457		315		313
Total Earnings	$	76,043	$	73,030	$	74,494	$	76,731	$	56,469	$	74,055
Interest on long-term debt	$	22,570	$	22,835	$	22,010	$	20,169	$	20,820	$	18,372
Other interest		6,970		4,076		3,192		3,752		4,285		10,067
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,141		938		538		457		315		313
Total Fixed Charges	$	30,681	$	27,849	$	25,740	$	24,378	$	25,420	$	28,752
Ratio of Earnings to Fixed
Charges		2.48		2.62		2.89		3.15		2.22		2.58