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New words:
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Exhibit 12 SOUTHWEST GAS CORPORATION |
For the Twelve Months Ended | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mar 31, | December 31, | ||||||||||||
2005 | 2004 | 2003 | 2002 | 2001 | 2000 | ||||||||
1. Fixed charges: | |||||||||||||
A) Interest expense | $ 85,225 | $ 84,138 | $ 78,724 | $ 79,586 | $ 80,139 | $ 70,659 | |||||||
B) Amortization | 3,287 | 3,059 | 2,752 | 2,278 | 1,886 | 1,564 | |||||||
C) Interest portion of rentals | 6,488 | 6,779 | 6,665 | 8,846 | 9,346 | 8,572 | |||||||
D) Preferred securities distributions | -- | -- | 4,015 | 5,475 | 5,475 | 5,475 | |||||||
Total fixed charges | $ 95,000 | $ 93,976 | $ 92,156 | $ 96,185 | $ 96,846 | $ 86,270 | |||||||
2. Earnings (as defined): | |||||||||||||
E) Pretax income from | |||||||||||||
continuing operations | $ 74,018 | $ 87,012 | $ 55,384 | $ 65,382 | $ 56,741 | $ 51,939 | |||||||
Fixed Charges (1. above) | 95,000 | 93,976 | 92,156 | 96,185 | 96,846 | 86,270 | |||||||
Total earnings as defined | $169,018 | $180,988 | $147,540 | $161,567 | $153,587 | $138,209 | |||||||
1.78 | 1.93 | 1.60 | 1.68 | 1.59 | 1.60 | ||||||||
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