Exhibit 12
THE BROOKLYN UNION GAS COMPANY AND SUBSIDIARIES
Computation of Consolidated Ratio of Earnings to Fixed Charges
Fiscal Year Ended September 30,
1995 1994 1993 1992 1991
_________ _________ _________ _________ _________
(Thousands of Dollars)
Earnings
Net Income $ 91,835 $ 87,384 $ 76,563 $ 59,873 $ 61,809
Federal Income Tax 42,040 40,698 41,483 29,219 23,640
Interest on Long-Term Debt 47,939 48,084 46,353 40,990 38,162
Other Interest Charges 5,128 2,787 2,617 2,046 3,747
Portion of Rentals Representing
Interest 4,883 5,196 4,256 5,310 1,401
Adjustment Related to Equity
Investee 174 (601) 729 3,239 1,524
Earnings Available to Cover --------- --------- --------- --------- ---------
Fixed Charges $ 191,999 $ 183,548 $ 172,001 $ 140,677 $ 130,283
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Fixed Charges
Interest on Long-Term Debt* $ 50,521 $ 49,280 $ 47,017 $ 41,766 $ 39,063
Other Interest Charges 5,128 2,787 2,617 2,046 3,747
Portion of Rentals Representing
Interest 4,883 5,196 4,256 5,310 1,401
--------- --------- --------- --------- ---------
Total Fixed Charges $ 60,532 $ 57,263 $ 53,890 $ 49,122 $ 44,211
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Ratio of Earnings to Fixed
Charges 3.17 3.21 3.19 2.86 2.95
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* Includes capitalized interest of $2,582,000 in 1995, $1,196,225 in 1994, $663,836 in 1993
$775,726 in 1992 and $901,137 in 1991.