Atmos Energy (ATO) 10-Q 2009 Q2 Quarterly report

Exhibit 12

Atmos Energy Corporation
Computation of Earnings to Fixed Charges
March 31, 2009

	Three Months Ended				Six Months Ended
	March 31				March 31
	2009		2008		2009		2008
			(Dollars in thousands)
Income from continuing operations before provision for income taxes per statement of income	$	189,449	$	179,094	$	313,351	$	300,693
Add:
Portion of rents representative of the interest factor		1,711		1,704		3,482		3,430
Interest on debt & amortization of debt expense		35,533		33,516		74,524		70,333
Income as adjusted	$	226,693	$	214,314	$	391,357	$	374,456
Fixed charges:
Interest on debt & amortization of debt expense (1)	$	35,533	$	33,516	$	74,524	$	70,333
Capitalized interest (2)		853		607		1,571		1,219
Rents		5,133		5,113		10,445		10,289
Portion of rents representative of the interest factor (3)		1,711		1,704		3,482		3,430
Fixed charges (1)+(2)+(3)	$	38,097	$	35,827	$	79,577	$	74,982
Ratio of earnings to fixed charges		5.95		5.98		4.92		4.99