Attached files
| file | filename |
|---|---|
| 10-K - OG&E 2009 10-K - OKLAHOMA GAS & ELECTRIC CO | ogande10k.htm |
| EX-23.01 - OG&E 2009 10-K EX 23.01 - OKLAHOMA GAS & ELECTRIC CO | ogande10kex2301.htm |
| EX-99.01 - OG&E 2009 10-K EX 99.01 - OKLAHOMA GAS & ELECTRIC CO | ogande10kex9901.htm |
| EX-31.01 - OG&E 2009 10-K EX 31.01 - OKLAHOMA GAS & ELECTRIC CO | ogande10kex3101.htm |
| EX-32.01 - OG&E 2009 10-K EX 32.01 - OKLAHOMA GAS & ELECTRIC CO | ogande10kex3201.htm |
| EX-24.01 - OG&E 2009 10-K EX 24.01 - OKLAHOMA GAS & ELECTRIC CO | ogande10kex2401.htm |
Exhibit
12.01
OKLAHOMA
GAS AND ELECTRIC COMPANY
RATIO
OF EARNINGS TO FIXED CHARGES
|
Year
Ended
|
Year
Ended
|
Year
Ended
|
Year
Ended
|
Year
Ended
|
|||||||||||
|
Dec
31,
|
Dec
31,
|
Dec
31,
|
Dec
31,
|
Dec
31,
|
|||||||||||
|
(In
thousands)
|
2005
|
2006
|
2007
|
2008
|
2009
|
||||||||||
|
Earnings:
|
|||||||||||||||
|
Pre-tax
income
|
$
|
182,280
|
$
|
234,093
|
$
|
234,862
|
$
|
195,410
|
$
|
290,390
|
|||||
|
Add
Fixed Charges
|
52,380
|
66,974
|
61,064
|
85,151
|
103,953
|
||||||||||
|
Subtotal
|
234,660
|
301,067
|
295,926
|
280,561
|
394,343
|
||||||||||
|
Subtract:
|
|||||||||||||||
|
Allowance
for borrowed funds used during construction
|
2,233
|
4,487
|
3,989
|
3,950
|
8,284
|
||||||||||
|
Total
Earnings
|
232,427
|
296,580
|
291,937
|
276,611
|
386,059
|
||||||||||
|
Fixed
Charges:
|
|||||||||||||||
|
Interest
on long-term debt
|
42,118
|
50,301
|
50,860
|
67,274
|
96,464
|
||||||||||
|
Interest
on short-term debt and other interest charges
|
7,314
|
14,300
|
8,047
|
15,774
|
5,434
|
||||||||||
|
Calculated
interest on leased property
|
2,948
|
2,373
|
2,157
|
2,103
|
2,055
|
||||||||||
|
Total
Fixed Charges
|
$
|
52,380
|
$
|
66,974
|
$
|
61,064
|
$
|
85,151
|
$
|
103,953
|
|||||
|
Ratio
of Earnings to Fixed Charges
|
4.44
|
4.43
|
4.78
|
3.25
|
3.71
|
||||||||||