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Exhibit 12.1
THE PEOPLES GAS LIGHT AND COKE COMPANY AND SUBSIDIARY COMPANIES
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Thousands)
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FISCAL YEARS ENDED SEPTEMBER 30,
6 months ended 12 months ended -------------------------------------------------------
3/31/2003 3/31/2003 2002 2001 2000 1999 1998
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Net Income Before Preferred
Stock Dividends $ 77,991 $ 78,513 $ 77,818 $ 75,259 $ 73,576 $ 78,217 $ 68,378
Add - Income Taxes 47,088 46,913 47,832 47,692 41,954 44,115 38,188
Fixed Charges excluding
capitalized interest 11,804 22,430 23,673 36,737 33,640 31,398 33,141
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Earnings $ 136,883 $ 147,856 $ 149,323 $ 159,688 $149,170 $ 153,730 $ 139,707
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Fixed Charges including
capitalized interest $ 11,804 $ 22,430 $ 23,673 $ 36,737 $ 34,462 $ 34,040 $ 33,786
Ratio of Earnings to Fixed Charges 11.60 6.59 6.31 4.35 4.33 4.52 4.14
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