Exhibit 12 SOUTH JERSEY INDUSTRIES, INC. Calculation of Ratio of Earnings from Continuing Operations to Fixed Charges (Before Income Taxes) (IN THOUSANDS) Fiscal Year Ended December 31, ------------------------------------------------------------ 2000 1999 1998 1997 1996 ------------------------------------------------------------ Net Income* $24,665 $21,977 $13,444 $18,429 $18,265 Income Taxes 18,658 16,428 11,659 10,739 10,171 Fixed Charges** 24,392 24,300 22,436 20,320 20,408 Capitalized Interest (26) (390) (167) (107) (114) ------------------------------------------------------------ Total Available $67,689 $62,315 $47,372 $49,381 $48,730 ============================================================ Total Available 2.8x 2.6x 2.1x 2.4x 2.4x - ------------------------ Fixed Charges <FN> * Net Income before Discontinued Operations. ** Includes interest and preferred securities dividend requirements of a subsidiary. </FN>