PacifiCorp (PPWLO) 8-K Other Events

EXHIBIT 12.1

PACIFICORP

STATEMENTS OF COMPUTATION OF RATIO

OF EARNINGS TO FIXED CHARGES

(DOLLARS IN MILLIONS)

	Three-Month
	Period Ended		Years Ended December 31,
	March 31, 2013		2012		2011		2010		2009			2008
Earnings Available for Fixed Charges:
Income from continuing operations
before income tax expense	$	227	$	734	$	768	$	777	$	784		$	703
Add:
Fixed charges	96		385		397		392		398			349
Deduct:
Net income attributable to noncontrolling
interest in subsidiary that has not
incurred fixed charges	—		—		—		—		(8		)	(7		)
Total earnings available for fixed charges	$	323	$	1,119	$	1,165	$	1,169	$	1,174		$	1,045
Fixed Charges:
Interest expense	$	94	$	380	$	392	$	387	$	394		$	343
Estimated interest portion of rentals
charged to expense	2		5		5		5		4			6
Total fixed charges	$	96	$	385	$	397	$	392	$	398		$	349
Ratio of Earnings to Fixed Charges	3.4x		2.9x		2.9x		3.0x		2.9x			3.0x