Spire (SR) 10-Q 2007 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)		2007		2006		2005		2004		2003		2002
Income before interest
charges and income taxes	$	100,481	$	108,783	$	91,435	$	84,196	$	80,270	$	60,440
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		4,705		4,514		3,250		2,333		2,873		2,662
Total Earnings	$	105,186	$	113,297	$	94,685	$	86,529	$	83,143	$	63,102
Interest on long-term debt –
Laclede Gas	$	22,295	$	22,329	$	22,835	$	22,010	$	20,169	$	20,820
Other interest		15,059		13,850		7,714		6,804		6,802		4,989
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		4,705		4,514		3,250		2,333		2,873		2,662
Total Fixed Charges	$	42,059	$	40,693	$	33,799	$	31,147	$	29,844	$	28,471
Ratio of Earnings to Fixed
Charges		2.50		2.78		2.80		2.78		2.79		2.22

LACLEDE GAS COMPANY

SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Twelve Months Ended
	March 31,		September 30,
(Thousands of Dollars)		2007		2006		2005		2004		2003		2002
Income before interest
charges and income taxes	$	70,920	$	72,077	$	72,092	$	73,956	$	76,274	$	56,154
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,363		1,291		938		538		457		315
Total Earnings	$	72,283	$	73,368	$	73,030	$	74,494	$	76,731	$	56,469
Interest on long-term debt	$	22,295	$	22,329	$	22,835	$	22,010	$	20,169	$	20,820
Other interest		11,431		10,236		4,076		3,192		3,752		4,285
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,363		1,291		938		538		457		315
Total Fixed Charges	$	35,089	$	33,856	$	27,849	$	25,740	$	24,378	$	25,420
Ratio of Earnings to Fixed
Charges		2.06		2.17		2.62		2.89		3.15		2.22