PEMBINA PIPELINE CORPORATION | ||||
SUPPLEMENTAL FINANCIAL INFORMATION | ||||
Exhibit to December 31, 2019 Consolidated Statements of Earnings and Comprehensive Income | ||||
The following ratio is for the twelve month period then ended. | ||||
Twelve Months Ended December 31, 2019 | ||||
Earnings coverage(1) | 3.9 | |||
(1) | Earnings coverage is equal to profit attributable to owners of Pembina before borrowing costs and income taxes divided by borrowing costs (including capitalized costs) and dividend obligations on preferred shares. |