Spire (SR) 10-Q 2012 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
	Mar. 31,		September 30,
(Thousands of Dollars)		2012		2011		2010		2009		2008			2007
Income from continuing      operations before interest
charges and income taxes	$	122,425	$	118,424	$	107,986	$	126,517	$	113,228		$	101,867
Add: One third of applicable
rentals charged to operating
expense (which approximates
the interest factor)		1,714		1,799		1,825		1,833		1,691			1,485
Total Earnings	$	124,139	$	120,223	$	109,811	$	128,350	$	114,919		$	103,352
Interest on long-term debt –
Laclede Gas	$	22,958	$	23,161	$	24,583	$	24,583	$	19,851		$	22,502
Other interest		2,076		2,256		2,269		5,163		9,626			11,432
Add: One third of applicable
rentals charged to operating
expense (which approximates											��
the interest factor)		1,714		1,799		1,825		1,833		1,691			1,485
Total Fixed Charges	$	26,748	$	27,216	$	28,677	$	31,579	$	31,168		$	35,419
Ratio of Earnings to Fixed
Charges		4.64		4.42		3.83		4.06		3.69			2.92