Attached files
Exhibit 12(a)
ONCOR ELECTRIC DELIVERY COMPANY LLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Successor | Predecessor | ||||||||||||||||||||
| Year Ended December 31, |
Period from October 11, 2007 through December 31, 2007 |
Period from January 1, 2007 through October 10, 2007 |
Year Ended December 31, | ||||||||||||||||||
| 2009 | 2008 | 2006 | 2005 | ||||||||||||||||||
| EARNINGS: |
|||||||||||||||||||||
| Income from continuing operations |
$ | 320 | $ | (487 | ) | $ | 64 | $ | 263 | $ | 344 | $ | 351 | ||||||||
| Add: Total federal income taxes |
173 | 221 | 31 | 159 | 170 | 174 | |||||||||||||||
| Fixed charges (see detail below) |
353 | 326 | 73 | 251 | 295 | 281 | |||||||||||||||
| Total earnings |
$ | 846 | $ | 60 | $ | 168 | $ | 673 | $ | 809 | $ | 806 | |||||||||
| FIXED CHARGES: |
|||||||||||||||||||||
| Interest expense, excluding capitalized interest |
$ | 348 | $ | 322 | $ | 72 | $ | 248 | $ | 292 | $ | 275 | |||||||||
| Rentals representative of the interest factor |
5 | 4 | 1 | 3 | 3 | 6 | |||||||||||||||
| Total fixed charges |
$ | 353 | $ | 326 | $ | 73 | $ | 251 | $ | 295 | $ | 281 | |||||||||
| RATIO OF EARNINGS TO FIXED CHARGES (a) |
2.40 | — | 2.30 | 2.68 | 2.74 | 2.87 | |||||||||||||||
| (a) | Fixed charges exceeded earning by $266 million for the year ended December 31, 2008. |