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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
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H.S. freshman Avg
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Exhibit 12.1
NorthWestern Corporation | ||||||||||||||
Computation of Ratio of Consolidated Earnings to Consolidated Fixed Charges | ||||||||||||||
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| Successor Company |
| Predecessor Company |
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| Year Ended December 31, |
| November 1, - December 31, 2004 |
| January 1, - October 31, 2004 |
| Year Ended December 31, 2003 |
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| 2007 |
| 2006 |
| 2005 |
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Earnings: |
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| Income (loss) before income taxes | $ | 85,579 | $ | 63,413 | $ | 100,057 | $ | (11,450 | ) $ | 547,520 | $ | (71,630 | ) |
| Add: Fixed charges as below |
| 63,280 |
| 66,327 |
| 71,636 |
| 13,283 |
| 83,670 |
| 162,571 |
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| Less: Distributions on preferred securities of subsidiary trust |
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| — |
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| (14,945 | ) | |
| Total | $ | 148,859 | $ | 129,740 | $ | 171,693 | $ | 1,833 | $ | 631,190 | $ | 75,996 |
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Fixed Charges: |
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| Interest charges | $ | 56,942 | $ | 56,016 | $ | 61,295 | $ | 11,021 | $ | 72,822 | $ | 147,626 |
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| Interest on rent expense |
| 6,338 |
| 10,311 |
| 10,341 |
| 2,262 |
| 10,848 |
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| Distributions on redeemable preferred securities of subsidiary trust |
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| 14,945 |
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| Total | $ | 63,280 | $ | 66,327 | $ | 71,636 | $ | 13,283 | $ | 83,670 | $ | 162,571 |
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Ratio of earnings to fixed charges |
| 2.35 |
| 1.96 |
| 2.40 |
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| 7.54 |
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Earnings to fixed charges deficit | $ | — | $ | — | $ | — | $ | (11,450 | ) $ | — | $ | (86,575 | ) | |
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