Ratio of Earnings to Fixed Charges means the “Ratio of Earnings to Fixed Charges” as reported by the Company in its most recent Form 10-K Annual Report filed with the Securities and Exchange Commission or in its most recent officer’s certificate delivered pursuant to subsection 6.01(c); provided that the components of the numerator and denominator of such ratio are computed in each such filing or certificate in the same manner as computed in the Company’s Form 10-K Annual Report for the period ended May 29, 2011. For purposes of computing this ratio, earnings represent earnings before income taxes and after-tax earnings of joint ventures, distributed income of equity investees, fixed charges, and amortization of capitalized interest, net of interest capitalized. Fixed charges represent gross interest expense (excluding interest on taxes) and subsidiary preferred distributions to noncontrolling interest holders, plus one-third (the proportion deemed representative of the interest factor) of rent expense.
Ratio of Earnings to Fixed Charges means the Ratio of Earnings to Fixed Charges as reported by the Company in its most recent Form 10-K Annual Report filed with the Securities and Exchange Commission or in its most recent officer’s certificate delivered pursuant to Section 6.01(c), provided that the components of the numerator and denominator of such ratio are computed in each such filing or certificate in the same manner as computed in the Company’s Form 10-K Annual Report for the period ended May 29, 2005. For purposes of computing this ratio, earnings represent pretax income from continuing operations plus fixed charges (net of capitalized interest). Fixed charges represent gross interest (whether expensed or capitalized) and one-third (the proportion deemed representative of the interest factor) of rents of continuing operations.
Ratio of Earnings to Fixed Charges and in the table captioned "Five Year Summary of Consolidated Operations and Selected Financial Information", or (C) which appear in any of the Company's Quarterly Reports on Form 10-Q incorporated by reference in the Registration Statement and the Prospectus under the captions "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Ratio of Earnings to Fixed Charges" and agreed such dollar amounts, percentages and other financial information respectively to appropriate accounts in the Company's accounting records subject to controls over financial reporting and to schedules prepared by the Company therefor. References to the Prospectus in this paragraph (e) include any supplement thereto at the date of the letter.
Examples of Ratio of Earnings to Fixed Charges in a sentence
You should explain the terms and conditions under which an investor may redeem the securities, including the redemption price.If the Company is required to repurchase preferred stock (rather than having an option to do that), you should treat the preferred stock as if it were debt and should answer Item 65, Ratio of Earnings to Fixed Charges.
Summary Information, Risk Factors and Ratio of Earnings to Fixed Charges.
Employment Inducement Stock Option Grant Agreement dated August 8, 2005 between the Company and Steven Beason (incorporated by reference to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005).*12 Computation of Ratio of Earnings to Fixed Charges.
Statement re: Computation of Ratio of Earnings to Fixed Charges EXHIBIT 31.1 Rule 13a-14(a) Certification of John C.
XStatement regarding computations of ratios12 Ratio of Earnings to Fixed Charges.
More Definitions of Ratio of Earnings to Fixed Charges
Ratio of Earnings to Fixed Charges and "Management's Discussion and Analysis of Financial Condition and Results of Operations" are accurately presented in all material respects and prepared on a basis consistent with the audited and unaudited historical consolidated financial statements from which they have been derived.
Ratio of Earnings to Fixed Charges and "Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividend Requirements" and in Exhibits 12.1 and 12.2 to the Registration Statement have been calculated in compliance with Item 503(d) of Regulation S-K under the Act.
Ratio of Earnings to Fixed Charges. Fixed Charges" and supporting calculations shown on Exhibit 12.1 to the Registration Statement Form 10-K or 10-Q Items Caption "REVIEW OF THE Changes in total operating FINANCIAL CONDITION revenues AND RESULTS OF OPERATIONS OF PP&L RESOURCES, INC. AND PENNSYLVANIA POWER & LIGHT COMPANY" -- "Operating Revenues" (or similar caption) "REVIEW OF THE The Company's actual FINANCIAL CONDITION construction expenditures AND RESULTS OF during the year ended OPERATIONS OF PP&L [last year ended] and RESOURCES, INC. AND [prior year ended] PENNSYLVANIA POWER & LIGHT COMPANY"-- "Capital Expenditure Requirements" (or similar caption) "SELECTED FINANCIAL The Company's times AND OPERATING DATA OF interest earned before PENNSYLVANIA POWER & income taxes for [last LIGHT COMPANY"-- year ended] and [prior "Financial Ratios" year ended] (or similar caption)
Ratio of Earnings to Fixed Charges and "Description of Capital Stock" is not in conformity with the disclosure requirements of Regulation S-K that apply to a prospectus as filed in connection with a registration statement on Form S-3 under the Securities Act;
Ratio of Earnings to Fixed Charges and "Operating Statistics (Unaudited)" (in each case to the extent that such dollar amounts, percentages and other financial information are derived from the general accounting records of the Guarantor subject to the internal controls of the Guarantor's accounting system or are derived directly from such records by analysis or computation) with the results obtained from inquiries, a reading of such general accounting records and other procedures specified in such letter and have found such dollar amounts, percentages and other financial information to be in agreement with such results, except as otherwise specified in such letter. All financial statements included in material incorporated by reference in the Prospectus shall be deemed included in the Prospectus for purposes of this subsection. References to the Prospectus in this paragraph (f) include any supplement thereto at the date of the letter.
Ratio of Earnings to Fixed Charges means the “Ratio of Earnings to Fixed Charges” as reported by the Company in its most recent Form 10-K Annual Report filed with the
Ratio of Earnings to Fixed Charges. Management Analysis of Financial Position and Results of Operations", "Business", and "Exhibit 12", are incorporated in the Registration Statement and the Final Prospectus by reference to the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 1997 under the captions "Management Analysis of Financial Position and Results of Operations" and "Earnings Per Share Exhibit", or are incorporated in the Registration Statement and the Final Prospectus by reference to the Company's Annual Report on Form 10-K for the year ended December 31, 1996 under the captions "Financial Information Relating to Segments of Business", "Mortgage Guaranty Group", "Consolidated Underwriting Statistics", "General Insurance Claim Reserves", "Consolidated Investments", "Sources of Consolidated Investment Income", "Marketing", "Reserves, Reinsurance, and Retrospective Adjustments", "Properties", "Market for the Registrant's Common Stock and Related Security Holder Matters", "Selected Financial Data", "Management Analysis of Financial Position and Results of Operations", and "Exhibit 11 - Earnings Per Share", and have compared such amounts, percentages and financial information with such records of the Company and its consolidated subsidiaries and with information derived from such records and have found them to be in agreement, excluding any questions of legal interpretation.