Exhibit 12.01
COMPUTATION OF RATIOS
June 30, 2017
RATIO OF EARNINGS TO FIXED CHARGES
SCANA: | Six Months Ended June 30, 2017 | Twelve Months Ended June 30, 2017 | Years ended December 31, | |||||||||||||||||||||
Dollars in Millions | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||
Fixed Charges as defined: | ||||||||||||||||||||||||
Interest on debt | $186.8 | $370.7 | $356.8 | $327.8 | $318.2 | $305.9 | $301.3 | |||||||||||||||||
Amortization of debt premium, discount and expense (net) | 2.0 | 4.3 | 4.5 | 4.7 | 9.7 | 5.3 | 4.9 | |||||||||||||||||
Interest component on rentals | 1.7 | 3.4 | 3.5 | 3.7 | 4.1 | 4.9 | 4.9 | |||||||||||||||||
Total Fixed Charges (A) | $190.5 | $378.4 | $364.8 | $336.2 | $332.0 | $316.1 | $311.1 | |||||||||||||||||
Earnings as defined: | ||||||||||||||||||||||||
Pretax income from continuing operations | $422.6 | $881.9 | $865.6 | $1,138.4 | $786.0 | $693.8 | $601.6 | |||||||||||||||||
Total fixed charges above | 190.5 | 378.4 | 364.8 | 336.2 | 332.0 | 316.1 | 311.1 | |||||||||||||||||
Pretax equity in (earnings) losses of investees | — | (1.0 | ) | (0.7 | ) | 0.8 | (1.4 | ) | (3.2 | ) | (3.3 | ) | ||||||||||||
Cash distributions from equity investees | 1.8 | 3.6 | 3.7 | 4.0 | 7.4 | 9.6 | 3.3 | |||||||||||||||||
Total Earnings (B) | $614.9 | $1,262.9 | $1,233.4 | $1,479.4 | $1,124.0 | $1,016.3 | $912.7 | |||||||||||||||||
Ratio of Earnings to Fixed Charges (B/A) | 3.23 | 3.34 | 3.38 | 4.40 | 3.39 | 3.22 | 2.93 |
SCE&G: | Six Months Ended June 30, 2017 | Twelve Months Ended June 30, 2017 | Years ended December 31, | |||||||||||||||||||||
Dollars in Millions | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||||||
Fixed Charges as defined: | ||||||||||||||||||||||||
Interest on debt | $149.7 | $296.5 | $284.6 | $258.4 | $237.6 | $226.4 | $217.4 | |||||||||||||||||
Amortization of debt premium, discount and expense (net) | 1.4 | 3.2 | 3.5 | 3.7 | 4.4 | 4.2 | 3.9 | |||||||||||||||||
Interest component on rentals | 2.0 | 3.9 | 4.0 | 4.1 | 4.0 | 4.5 | 3.2 | |||||||||||||||||
Total Fixed Charges (A) | $153.1 | $303.6 | $292.1 | $266.2 | $246.0 | $235.1 | $224.5 | |||||||||||||||||
Earnings as defined: | ||||||||||||||||||||||||
Pretax income from continuing operations | $350.0 | $787.4 | $774.1 | $711.0 | $676.0 | $579.7 | $509.5 | |||||||||||||||||
Total fixed charges above | 153.1 | 303.6 | 292.1 | 266.2 | 246.0 | 235.1 | 224.5 | |||||||||||||||||
Pretax equity in losses of investees | 1.6 | 2.5 | 3.1 | 5.0 | 5.3 | 3.5 | 3.8 | |||||||||||||||||
Total Earnings (B) | $504.7 | $1,093.5 | $1,069.3 | $982.2 | $927.3 | $818.3 | $737.8 | |||||||||||||||||
Ratio of Earnings to Fixed Charges (B/A) | 3.30 | 3.60 | 3.66 | 3.69 | 3.77 | 3.48 | 3.29 |