Seattle City Light 2016 ANNUAL REPORT | Supplementary Information 87 LONG-TERM DEBT (Unaudited) DEBT SERVICE COVERAGE 2012-2016 2016 2012 2013 2014 2015 Long-term Debt Total Assets and Deferred Outflows of Resources (times covered) Debt Service Coverage – All bonds LONG-TERM DEBT & TOTAL ASSETS 0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 $4,500 $3,260 $3,464 $3,665 $3,956 $1,779 $1,863 $1,904 $2,071 2013 2012 2014 2015 2016 1.25 1.50 1.75 2.00 2.25 1.69 1.81 1.85 1.85 1.62 (IN MILLIONS) $4,214 $2,118 $4,000 Effective January 1, 2013 the Department implemented Statement No. 65 of the GASB, Items Previously Reported as Assets and Liabilities. The 2012 Balance Sheet assets were restated to conform to the 2013 presentation.