Empire District Electric (EDE) 10-Q 2016 Q3 Quarterly report

EXHIBIT (12)

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Twelve
	Months Ended
	September 30, 2016
Income before provision for income taxes and fixed charges (Note A)	$	153,906,420
Fixed charges:
Interest on long-term debt	$	45,193,071
Interest on short-term debt	130,636
Other interest	1,110,856
Rental expense representative of an interest factor (Note B)	9,807,802
Total fixed charges	$	56,242,365
Ratio of earnings to fixed charges	2.74x

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).