Exhibit 12.1 | |||||||||||||||||
8/25/2010 | |||||||||||||||||
GEORGIA POWER COMPANY | |||||||||||||||||
Computation of ratio of earnings to fixed charges for | |||||||||||||||||
the five years ended December 31, 2009 | |||||||||||||||||
and the year to date June 30, 2010 | |||||||||||||||||
Six | |||||||||||||||||
Months | |||||||||||||||||
Ended | |||||||||||||||||
Year ended December 31, | June 30, | ||||||||||||||||
2005 | 2006 | 2007 | 2008 | 2009 | 2010 | ||||||||||||
------------------------------Thousands of Dollars------------------------------ | |||||||||||||||||
EARNINGS AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||
Earnings before income taxes | $ | 1,197,831 | $ | 1,236,845 | $ | 1,262,231 | $ | 1,410,963 | $ | 1,244,272 | $ | 695,539 | |||||
Interest expense, net of amounts capitalized | 297,313 | 319,893 | 345,538 | 347,418 | 387,759 | 181,275 | |||||||||||
Distributions on mandatorily redeemable preferred securities | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||
AFUDC - Debt funds | 11,811 | 12,354 | 28,470 | 39,610 | 39,790 | 26,371 | |||||||||||
Earnings as defined | $ | 1,506,955 | $ | 1,569,092 | $ | 1,636,239 | $ | 1,797,991 | $ | 1,671,821 | $ | 903,185 | |||||
FIXED CHARGES AS DEFINED IN ITEM 503 OF REGULATION S-K: | |||||||||||||||||
Interest on long-term debt | $ | 215,263 | $ | 217,954 | $ | 270,429 | $ | 325,774 | $ | 372,998 | $ | 188,310 | |||||
Interest on affiliated loans | 68,735 | 87,672 | 65,769 | 22,574 | 13,097 | 6,312 | |||||||||||
Interest on interim obligations | 0 | 0 | 8,463 | 3,114 | 538 | 0 | |||||||||||
Amort of debt disc, premium and expense, net | 17,109 | 17,054 | 18,432 | 19,994 | 20,329 | 10,613 | |||||||||||
Other interest charges | 8,017 | 9,567 | 10,915 | 15,572 | 20,587 | 2,411 | |||||||||||
Distributions on mandatorily redeemable preferred securities | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||
Fixed charges as defined | $ | 309,124 | $ | 332,247 | $ | 374,008 | $ | 387,028 | $ | 427,549 | $ | 207,646 | |||||
RATIO OF EARNINGS TO FIXED CHARGES | 4.87 | 4.72 | 4.37 | 4.65 | 3.91 | 4.35 |
- GPJA Dashboard
- Financials
- Filings
-
8-K Filing
Georgia Power (GPJA) 8-KOther Events
Filed: 31 Aug 10, 12:00am