Attached files
| file | filename |
|---|---|
| EX-24.01 - EXHIBIT 24.01 - OKLAHOMA GAS & ELECTRIC CO | a2015oge10-kxex2401.htm |
| EX-99.01 - EXHIBIT 99.01 - OKLAHOMA GAS & ELECTRIC CO | a2015oge10-kxex9901.htm |
| EX-23.01 - EXHIBIT 23.01 - OKLAHOMA GAS & ELECTRIC CO | a2015oge10-kxex2301.htm |
| EX-32.01 - EXHIBIT 32.01 - OKLAHOMA GAS & ELECTRIC CO | a2015oge10-kxex3201.htm |
| 10-K - OG&E 10-K - OKLAHOMA GAS & ELECTRIC CO | a2015oge10-k.htm |
| EX-31.01 - EXHIBIT 31.01 - OKLAHOMA GAS & ELECTRIC CO | a2015oge10-kxex3101.htm |
Exhibit 12.01
Oklahoma Gas and Electric Company
Ratio of Earnings to Fixed Charges
Year ended December 31 (In millions) | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||
Earnings: | |||||||||||||||
Pre-tax income | $ | 373.7 | $ | 403.6 | $ | 406.1 | $ | 374.9 | $ | 381.2 | |||||
Add: Fixed charges | 153.9 | 146.9 | 136.0 | 129.6 | 123.3 | ||||||||||
Subtotal | 527.6 | 550.5 | 542.1 | 504.5 | 504.5 | ||||||||||
Subtract: | |||||||||||||||
Allowance for borrowed funds used during construction | 4.2 | 2.4 | 3.4 | 3.5 | 10.4 | ||||||||||
Total earnings | 523.4 | 548.1 | 538.7 | 501.0 | 494.1 | ||||||||||
Fixed Charges: | |||||||||||||||
Interest on long-term debt | 146.8 | 139.7 | 130.6 | 124.2 | 118.7 | ||||||||||
Interest on short-term debt and other interest charges | 4.1 | 4.2 | 2.1 | 3.9 | 3.3 | ||||||||||
Calculated interest on leased property | 3.0 | 3.0 | 3.3 | 1.5 | 1.3 | ||||||||||
Total fixed charges | $ | 153.9 | $ | 146.9 | $ | 136.0 | $ | 129.6 | $ | 123.3 | |||||
Ratio of Earnings to Fixed Charges | 3.40 | 3.73 | 3.96 | 3.87 | 4.01 | ||||||||||