Empire District Electric (EDE) 10-Q 2015 Q2 Quarterly report

EXHIBIT (12)

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Twelve
	Months Ended
	June 30, 2015
Income before provision for income taxes and fixed charges (Note A)	$	142,666,619
Fixed charges:
Interest on long-term debt	$	41,928,931
Interest on short-term debt	263,480
Other interest	1,011,398
Rental expense representative of an interest factor (Note B)	9,788,047
Total fixed charges	$	52,991,856
Ratio of earnings to fixed charges	2.69x

NOTE A:For the purpose of determining earnings in the calculation of the ratio, net income has been increased by the provision for income taxes, non-operating income taxes, and by the sum of fixed charges as shown above.

NOTE B:One-third of rental expense (which approximates the interest factor).