Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - CONSUMERS ENERGY CO | k48861exv21.htm |
| EX-23.B - EX-23.B - CONSUMERS ENERGY CO | k48861exv23wb.htm |
| EX-31.A - EX-31.A - CONSUMERS ENERGY CO | k48861exv31wa.htm |
| EX-12.A - EX-12.A - CONSUMERS ENERGY CO | k48861exv12wa.htm |
| EX-24.B - EX-24.B - CONSUMERS ENERGY CO | k48861exv24wb.htm |
| EX-31.D - EX-31.D - CONSUMERS ENERGY CO | k48861exv31wd.htm |
| EX-32.B - EX-32.B - CONSUMERS ENERGY CO | k48861exv32wb.htm |
| EX-24.A - EX-24.A - CONSUMERS ENERGY CO | k48861exv24wa.htm |
| EX-32.A - EX-32.A - CONSUMERS ENERGY CO | k48861exv32wa.htm |
| EX-31.C - EX-31.C - CONSUMERS ENERGY CO | k48861exv31wc.htm |
| EX-31.B - EX-31.B - CONSUMERS ENERGY CO | k48861exv31wb.htm |
| EX-10.S.S - EX-10.S.S - CONSUMERS ENERGY CO | k48861exv10wsws.htm |
| EX-10.R.R - EX-10.R.R - CONSUMERS ENERGY CO | k48861exv10wrwr.htm |
| EX-10.P.P - EX-10.P.P - CONSUMERS ENERGY CO | k48861exv10wpwp.htm |
| EX-23.A - EX-23.A - CONSUMERS ENERGY CO | k48861exv23wa.htm |
| 10-K - FORM 10-K - CONSUMERS ENERGY CO | k48861e10vk.htm |
Exhibit
(12)(b)
CONSUMERS
ENERGY COMPANY
Ratio of
Earnings to Fixed Charges and Combined Fixed Charges and
Preferred Dividends
(Millions
of Dollars)
| Year Ended December 31 | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
| (b) | ||||||||||||||||||||
|
Earnings as defined(a)
|
||||||||||||||||||||
|
Pretax income from continuing operations
|
$ | 456 | $ | 562 | $ | 437 | $ | 167 | $ | (590 | ) | |||||||||
|
Exclude equity basis subsidiaries
|
— | — | — | (1 | ) | (1 | ) | |||||||||||||
|
Fixed charges as defined
|
313 | 276 | 293 | 307 | 316 | |||||||||||||||
|
Earnings as defined
|
$ | 769 | $ | 838 | $ | 730 | $ | 473 | $ | (275 | ) | |||||||||
|
Fixed charges as defined(a)
|
||||||||||||||||||||
|
Interest on long-term debt
|
$ | 250 | $ | 229 | $ | 236 | $ | 286 | $ | 305 | ||||||||||
|
Estimated interest portion of lease rental
|
17 | 25 | 23 | 8 | 6 | |||||||||||||||
|
Other interest charges
|
46 | 22 | 34 | 13 | 5 | |||||||||||||||
|
Fixed charges as defined
|
$ | 313 | $ | 276 | $ | 293 | $ | 307 | $ | 316 | ||||||||||
|
Preferred dividends
|
3 | 3 | 3 | 3 | 3 | |||||||||||||||
|
Combined fixed charges and preferred dividends
|
$ | 316 | $ | 279 | $ | 296 | $ | 310 | $ | 319 | ||||||||||
|
Ratio of earnings to fixed charges
|
2.46 | 3.04 | 2.49 | 1.54 | — | |||||||||||||||
|
Ratio of earnings to combined fixed
|
||||||||||||||||||||
|
charges and preferred dividends
|
2.43 | 3.00 | 2.47 | 1.53 | — | |||||||||||||||
NOTES:
(a) Earnings and fixed charges as defined in instructions
for Item 503 of
Regulation S-K.
(b) For the year ended December 31, 2005, fixed
charges exceeded earnings by $591 million and combined
fixed charges and preferred dividends exceeded earnings by
$594 million. Earnings as defined include
$1.184 billion of asset impairment charges.