Copano/Webb-Duval Pipeline GP, L.L.C. Inactive
Filed: 22 Mar 11, 12:00am
| Year ended December 31, | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Earnings: | ||||||||||||||||||||
| Net income (loss) | $ | (8,681 | ) | $ | 23,158 | $ | 58,213 | $ | 63,175 | $ | 65,114 | |||||||||
| Income taxes | 931 | 794 | 1,249 | 1,714 | — | |||||||||||||||
| Equity in earnings from unconsolidated affiliates | 20,480 | (4,600 | ) | (6,889 | ) | (2,850 | ) | (1,297 | ) | |||||||||||
| Pre-tax income from continuing operations | 12,730 | 19,352 | 52,573 | 62,039 | 63,817 | |||||||||||||||
| Fixed charges | 57,423 | 60,069 | 69,339 | 30,753 | 34,011 | |||||||||||||||
| Amortization of capitalized interest | 259 | 427 | 259 | 85 | 38 | |||||||||||||||
| Distributions from unconsolidated affiliates | 25,955 | 29,684 | 25,830 | 4,382 | — | |||||||||||||||
| Capitalized interest | (3,355 | ) | (3,362 | ) | (3,471 | ) | (932 | ) | (693 | ) | ||||||||||
Earnings for ratio calculation | $ | 93,012 | $ | 106,170 | $ | 144,530 | $ | 96,327 | $ | 97,173 | ||||||||||
Fixed charges: | ||||||||||||||||||||
| Interest and other financing costs | $ | 53,605 | $ | 55,836 | $ | 64,978 | $ | 29,351 | $ | 32,904 | ||||||||||
| Capitalized interest | 3,355 | 3,362 | 3,471 | 932 | 693 | |||||||||||||||
| Interest portion of operating leases | 463 | 871 | 890 | 470 | 414 | |||||||||||||||
Total fixed charges | 57,423 | $ | 60,069 | $ | 69,339 | $ | 30,753 | $ | 34,011 | |||||||||||
Ratio of earnings to fixed charges | 1.6x | 1.8x | 2.1x | 3.1x | 2.9x | |||||||||||||||