Exhibit 99.1
American Water Works Company, Inc. |
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Computation of Ratio of Earnings to Fixed Charges |
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(dollars in millions) |
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| 2012 |
| 2013 |
| 2014 |
| 2015 |
| 2016 |
| For the six months ended June 30, 2017 |
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Income from continuing operations before income taxes | $ | 630 |
| $ | 608 |
| $ | 710 |
| $ | 782 |
| $ | 770 |
| $ | 371 |
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Fixed Charges: |
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Interest, dividend on mandatory redeemable preferred shares and amortization of debt discount and expenses and premium on all indebtedness |
| 317 |
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| 315 |
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| 305 |
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| 316 |
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| 331 |
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| 174 |
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Interest factor in rentals |
| 10 |
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| 8 |
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| 7 |
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| 7 |
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| 8 |
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| 5 |
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Interest costs from discontinued operations |
| - |
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| - |
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| - |
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| - |
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| - |
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| - |
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Total fixed charges |
| 327 |
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| 323 |
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| 312 |
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| 323 |
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| 339 |
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| 179 |
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Income from continuing operations plus fixed charges |
| 957 |
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| 931 |
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| 1,022 |
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| 1,105 |
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| 1,109 |
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| 550 |
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Ratio of pre-tax income to net income |
| 1.69 |
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| 1.64 |
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| 1.65 |
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| 1.64 |
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| 1.65 |
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| 1.65 |
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Total fixed charges |
| 327 |
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| 323 |
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| 312 |
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| 323 |
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| 339 |
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| 179 |
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Ratio of earnings to fixed charges |
| 2.93 |
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| 2.88 |
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| 3.27 |
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| 3.42 |
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| 3.27 |
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| 3.07 |
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American Water Capital Corp. |
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Computation of Ratio of Earnings to Fixed Charges |
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(dollars in millions) |
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| 2012 |
| 2013 |
| 2014 |
| 2015 |
| 2016 |
| For the six months ended June 30, 2017 |
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Income (loss) before income taxes | $ | - |
| $ | - |
| $ | - |
| $ | - |
| $ | - |
| $ | - |
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Fixed Charges: |
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Interest, dividend on mandatory redeemable preferred shares and amortization of debt discount and expenses and premium on all indebtedness |
| 214 |
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| 226 |
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| 215 |
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| 229 |
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| 247 |
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| 134 |
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Interest factor in rentals |
| - |
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| - |
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| - |
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| - |
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| - |
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| - |
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Interest costs from discontinued operations |
| - |
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| - |
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| - |
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| - |
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| - |
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| - |
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Total fixed charges |
| 214 |
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| 226 |
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| 215 |
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| 229 |
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| 247 |
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| 134 |
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Income (loss) plus fixed charges |
| 214 |
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| 226 |
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| 215 |
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| 229 |
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| 247 |
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| 134 |
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Ratio of pre-tax income to net income |
| - |
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| - |
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| - |
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| - |
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| - |
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| - |
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Total fixed charges |
| 214 |
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| 226 |
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| 215 |
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| 229 |
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| 247 |
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| 134 |
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Ratio of earnings to fixed charges |
| 1.00 |
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| 1.00 |
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| 1.00 |
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| 1.00 |
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| 1.00 |
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| 1.00 |
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