Attached files
| file | filename |
|---|---|
| 8-K - 8-K - OKLAHOMA GAS & ELECTRIC CO | a11-12617_48k.htm |
| EX-5.01 - EX-5.01 - OKLAHOMA GAS & ELECTRIC CO | a11-12617_4ex5d01.htm |
| EX-4.01 - EX-4.01 - OKLAHOMA GAS & ELECTRIC CO | a11-12617_4ex4d01.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 |
|
Three |
|
Twelve |
| |||||||
|
|
|
Dec 31, |
|
Dec 31, |
|
Dec 31, |
|
Dec 31, |
|
Dec 31, |
|
March 31, |
|
March 31, |
| |||||||
|
(In millions) |
|
2006 |
|
2007 |
|
2008 |
|
2009 |
|
2010 |
|
2011 |
|
2011 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Pre-tax income |
|
$ |
234.1 |
|
$ |
234.9 |
|
$ |
195.4 |
|
$ |
290.4 |
|
$ |
326.7 |
|
$ |
8.8 |
|
$ |
323.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Add Fixed Charges |
|
67.0 |
|
61.1 |
|
85.2 |
|
104.0 |
|
110.9 |
|
28.8 |
|
113.9 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Subtotal |
|
301.1 |
|
296.0 |
|
280.6 |
|
394.4 |
|
437.6 |
|
37.6 |
|
437.5 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Subtract: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Allowance for borrowed funds used during construction |
|
4.5 |
|
4.0 |
|
4.0 |
|
8.3 |
|
5.5 |
|
2.3 |
|
6.6 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Total Earnings |
|
296.6 |
|
292.0 |
|
276.6 |
|
386.1 |
|
432.1 |
|
35.3 |
|
430.9 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Fixed Charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Interest on long-term debt |
|
50.3 |
|
50.9 |
|
67.3 |
|
96.5 |
|
104.7 |
|
27.8 |
|
108.4 |
| |||||||
|
Interest on short-term debt and other interest charges |
|
14.3 |
|
8.0 |
|
15.8 |
|
5.4 |
|
4.2 |
|
0.6 |
|
3.5 |
| |||||||
|
Calculated interest on leased property |
|
2.4 |
|
2.2 |
|
2.1 |
|
2.1 |
|
2.0 |
|
0.4 |
|
2.0 |
| |||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Total Fixed Charges |
|
$ |
67.0 |
|
$ |
61.1 |
|
$ |
85.2 |
|
$ |
104.0 |
|
$ |
110.9 |
|
$ |
28.8 |
|
$ |
113.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||
|
Ratio of Earnings to Fixed Charges |
|
4.43 |
|
4.78 |
|
3.25 |
|
3.71 |
|
3.90 |
|
1.23 |
|
3.78 |
| |||||||