Spire (SR) 10-Q 2008 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)		2008		2007		2006		2005		2004		2003
Income from continuing     operations before interest
charges and income taxes	$	112,226	$	101,866	$	100,079	$	78,677	$	78,605	$	81,532
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,612		1,485		1,291		938		538		457
Total Earnings	$	113,838	$	103,351	$	101,370	$	79,615	$	79,143	$	81,989
Interest on long-term debt –
Laclede Gas	$	21,252	$	22,503	$	22,328	$	22,836	$	22,010	$	20,169
Other interest		11,277		11,431		10,555		4,418		3,511		3,971
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,612		1,485		1,291		938		538		457
Total Fixed Charges	$	34,141	$	35,419	$	34,174	$	28,192	$	26,059	$	24,597
Ratio of Earnings to Fixed
Charges		3.33		2.92		2.97		2.82		3.04		3.33

LACLEDE GAS COMPANY

SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Twelve Months Ended
	March 31,		September 30,
(Thousands of Dollars)		2008		2007		2006		2005		2004		2003
Income before interest
charges and income taxes	$	85,727	$	80,134	$	72,077	$	72,092	$	73,956	$	76,274
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,612		1,485		1,291		938		538		457
Total Earnings	$	87,339	$	81,619	$	73,368	$	73,030	$	74,494	$	76,731
								��
Interest on long-term debt	$	21,252	$	22,502	$	22,329	$	22,835	$	22,010	$	20,169
Other interest		11,489		11,101		10,236		4,076		3,192		3,752
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,612		1,485		1,291		938		538		457
Total Fixed Charges	$	34,353	$	35,088	$	33,856	$	27,849	$	25,740	$	24,378
Ratio of Earnings to Fixed
Charges		2.54		2.33		2.17		2.62		2.89		3.15