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

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,
		2009			2008			2007			2006			2005
(000’s, except ratios)
Earnings:
Net Income, per Consolidated Statements of Earnings		$	10,049		$	9,735		$	8,746		$	8,033		$	8,553
Federal and State Income Taxes included in Operations			5,220			4,450			4,482			4,266			4,275
Interest on Long-Term Debt			17,961			11,795			10,919			9,404			8,319
Amortization of Debt Discount Expense			233			151			136			112			104
Other Interest			2,474			1,156			1,949			1,675			1,046
Total		$	35,937		$	27,287		$	26,232		$	23,490		$	22,297
Fixed Charges:
Interest on Long-Term Debt		$	17,961		$	11,795		$	10,919		$	9,404		$	8,319
Amortization of Debt Discount Expense			233			151			136			112			104
Other Interest			2,474			1,156			1,949			1,675			1,046
Pre-tax Preferred Stock Dividend Requirements			208			199			213			208			234
Total		$	20,876		$	13,301		$	13,217		$	11,399		$	9,703
Ratio of Earnings to Fixed Charges			1.72			2.05			1.98			2.06			2.30