UniSource Energy Corporation
Computation of Ratio of Earnings to Fixed Charges
 9 Months Ended
    
    
    12 Months Ended
    
    
    
    
    
    
    12 Months Ended(2)Sep. 30,
    
    
    Sep. 30,
    
    
    Dec. 31,
    
    
    Dec. 31,
    
    
    Dec. 31,
    
    
    Dec. 31,
    
    
    Dec. 31,2008
    
    
    2008
    
    
    2007
    
    
    2006
    
    
    2005
    
    
    2004
    
    
    2003- Thousands of Dollars -Fixed Charges:Interest on Long-Term Debt
    
    $
    53,603
    
    
    $
    71,965
    
    
    $
    73,095
    
    
    $
    75,039
    
    
    $
    76,762
    
    
    $
    80,968
    
    
    $
    80,844Other Interest (1)
    
    
    1,375
    
    
    
    2,088
    
    
    
    5,480
    
    
    
    7,922
    
    
    
    3,153
    
    
    
    1,947
    
    
    
    3,709Interest on Capital Lease Obligations
    
    
    42,969
    
    
    
    59,079
    
    
    
    64,499
    
    
    
    72,586
    
    
    
    79,098
    
    
    
    85,912
    
    
    
    84,080Total Fixed Charges
    
    $
    97,947
    
    
    $
    133,132
    
    
    $
    143,074
    
    
    $
    155,547
    
    
    $
    159,013
    
    
    $
    168,827
    
    
    $
    168,633Net Income (Loss)
    
    $
    (8,906
    )
    
    $
    7,301
    
    
    $
    58,373
    
    
    $
    67,447
    
    
    $
    46,144
    
    
    $
    45,919
    
    
    $
    113,941Less:Discontinued Operations  Net of Tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (1,796
    )
    
    
    (5,483
    )
    
    
    (5,063
    )
    
    
    (7,472
    )Accounting Change  Net of Tax
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    
    (626
    )
    
    
    
    
    
    
    67,471Net Income/(Loss) from Continuing Operations
    
    
    (8,906
    )
    
    
    7,301
    
    
    
    58,373
    
    
    
    69,243
    
    
    
    52,253
    
    
    
    50,982
    
    
    
    53,942Add (Deduct):(Income) Losses from Equity Investees (2)
    
    
    315
    
    
    
    458
    
    
    
    340
    
    
    
    (210
    )
    
    
    (2,113
    )
    
    
    (7,121
    )
    
    
    3,051Income Taxes
    
    
    (1,106
    )
    
    
    10,296
    
    
    
    39,079
    
    
    
    43,936
    
    
    
    37,623
    
    
    
    37,186
    
    
    
    16,531Total Fixed Charges
    
    
    97,947
    
    
    
    133,132
    
    
    
    143,074
    
    
    
    155,547
    
    
    
    159,013
    
    
    
    168,827
    
    
    
    168,633Total Earnings before Taxes
and Fixed Charges
    
    $
    88,250
    
    
    $
    151,187
    
    
    $
    240,866
    
    
    $
    268,516
    
    
    $
    246,776
    
    
    $
    249,874
    
    
    $
    242,157Ratio of Earnings to Fixed Charges
    
    
    0.901
    
    
    
    1.136
    
    
    
    1.684
    
    
    
    1.726
    
    
    
    1.552
    
    
    
    1.480
    
    
    
    1.436
 (1)
    
    Excludes recognition of Allowance for Borrowed Funds Used During Construction.(2)
    
    The information previously reported has been reclassified for the discontinued operations of
Global Solar, Inc.