Attached files
Exhibit 12(a)
ENERGY FUTURE INTERMEDIATE HOLDING COMPANY LLC (SUCCESSOR) AND
ONCOR ELECTRIC DELIVERY COMPANY LLC (PREDECESSOR)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Successor | Predecessor | ||||||||||||||||||||
Period from October 11, 2007 through December 31, 2007 |
Period from January 1, 2007 through October 10, 2007 |
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Year Ended December 31, |
Year Ended December 31, | ||||||||||||||||||||
2009 | 2008 | 2006 | 2005 | ||||||||||||||||||
EARNINGS: |
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Income (loss) from continuing operations |
$ | 138 | $ | (655 | ) | $ | 19 | $ | 263 | $ | 344 | $ | 351 | ||||||||
Add: Total federal income taxes |
80 | 129 | 8 | 159 | 170 | 174 | |||||||||||||||
Fixed charges (see detail below) |
632 | 588 | 140 | 251 | 295 | 281 | |||||||||||||||
Total earnings |
$ | 850 | $ | 62 | $ | 167 | $ | 673 | $ | 809 | $ | 806 | |||||||||
FIXED CHARGES: |
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Interest expense, excluding capitalized interest |
$ | 627 | $ | 584 | $ | 139 | $ | 248 | $ | 292 | $ | 275 | |||||||||
Rentals representative of the interest factor |
5 | 4 | 1 | 3 | 3 | 6 | |||||||||||||||
Total fixed charges |
$ | 632 | $ | 588 | $ | 140 | $ | 251 | $ | 295 | $ | 281 | |||||||||
RATIO OF EARNINGS TO FIXED CHARGES (a) |
1.34 | | 1.19 | 2.68 | 2.74 | 2.87 | |||||||||||||||
(a) | Fixed charges exceeded earnings by $526 million for the year ended December 31, 2008. |