EX-12.1 3 dex121.htm STATEMENT RE: COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES

Statement Re: Computation in Support of Ratio of Earnings to Fixed Charges

Exhibit 12.1

UNITIL CORPORATION

COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES

		Year Ended December 31,
(000’s, except ratios)		2006			2005			2004			2003			2002
Earnings:
Net Income, per Consolidated Statement of Earnings		$	8,033		$	8,553		$	8,226		$	7,958		$	6,088
Federal and State Income Taxes included in Operations			4,266			4,275			4,206			3,551			2,490
Interest on Long-Term Debt			9,404			8,319			8,394			8,088			8,254
Amortization of Debt Discount Expense			112			104			98			82			81
Other Interest			1,675			1,046			629			1,070			1,038
Total		$	23,490		$	22,297		$	21,553		$	20,749		$	17,951
Fixed Charges:
Interest of Long-Term Debt		$	9,404		$	8,319		$	8,394		$	8,088		$	8,254
Amortization of Debt Discount Expense			112			104			98			82			81
Other Interest			1,675			1,046			629			1,070			1,038
Pre-tax Preferred Stock Dividend Requirements			208			234			325			391			419
Total		$	11,399		$	9,703		$	9,446		$	9,631		$	9,792
Ratio of Earnings to Fixed Charges			2.06			2.30			2.28			2.15			1.83