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,
		2007			2006			2005			2004			2003
(000’s, except ratios)
Earnings:
Net Income, per Consolidated Statement of Earnings		$	8,746		$	8,033		$	8,553		$	8,226		$	7,958
Federal and State Income Taxes included in Operations			4,482			4,266			4,275			4,206			3,551
Interest on Long-Term Debt			10,919			9,404			8,319			8,394			8,088
Amortization of Debt Discount Expense			136			112			104			98			82
Other Interest			1,949			1,675			1,046			629			1,070
Total		$	26,232		$	23,490		$	22,297		$	21,553		$	20,749
Fixed Charges:
Interest of Long-Term Debt		$	10,919		$	9,404		$	8,319		$	8,394		$	8,088
Amortization of Debt Discount Expense			136			112			104			98			82
Other Interest			1,949			1,675			1,046			629			1,070
Pre-tax Preferred Stock Dividend Requirements			213			208			234			325			391
Total		$	13,217		$	11,399		$	9,703		$	9,446		$	9,631
Ratio of Earnings to Fixed Charges			1.98			2.06			2.30			2.28			2.15