Cleco Power 10-Q2012 Q2 Quarterly report

Filed: 31 Jul 12, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: AA, aaa, affirmed, aid, BACT, banker, blade, booked, casualty, CFTC, challenged, clearing, compliant, compressor, deficit, Deterioration, Diversification, diversity, duration, endangerment, Enterprise, enumerate, GHG, mandatory, mortgage, motor, movie, offer, portfolio, possession, prescribed, Prevention, provisionally, PSD, question, round, show, stationary, stressed, tailoring, tentatively, undergo, unsolicited, upheld, vehicle, writ

Removed: approve, consideration, continued, dispose, foreign, nationally, public, rated, reached, redeem, settling, Shaw, targeted, top, watch

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Cleco Power similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing



CLECO POWER	EXHIBIT 12(b)



Computation of Ratios of Earnings to Fixed Charges
	FOR THE THREE MONTHS ENDED			FOR THE SIX MONTHS ENDED			FOR THE TWELVE MONTHS ENDED
(THOUSANDS, EXCEPT RATIOS)	JUNE 30, 2012
Earnings from continuing operations	$	37,284		$	64,089		$	141,201
Income taxes	20,501			35,008			74,137
Earnings from continuing operations before income taxes	$	57,785		$	99,097		$	215,338
Fixed charges:
Interest	$	20,449		$	38,681		$	86,618
Amortization of debt expense, premium, net	834			1,432			2,618
Portion of rentals representative of an interest factor	124			242			498
Interest of capitalized lease	410			831			1,705
Total fixed charges	$	21,817		$	41,186		$	91,439
Earnings from continuing operations before income taxes	$	57,785		$	99,097		$	215,338
Plus: total fixed charges from above	21,817			41,186			91,439
Earnings from continuing operations before income taxes and fixed charges	$	79,602		$	140,283		$	306,777
Ratio of earnings to fixed charges	3.65		X	3.41		X	3.35		X

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.