Attached files
file | filename |
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EX-32.A - EXHIBIT 32.A - PPL Corp | exhibit32a.htm |
EX-12.D - EXHIBIT 12D - PPL Corp | exhibit12d.htm |
EX-12.E - EXHIBIT 12E - PPL Corp | exhibit12e.htm |
EX-31.B - EXHIBIT 31.B - PPL Corp | exhibit31b.htm |
EX-12.A - EXHIBIT 12A - PPL Corp | exhibit12a.htm |
10-Q - FORM 10-Q - PPL Corp | form10q.htm |
EX-32.C - EXHIBIT 32.C - PPL Corp | exhibit32c.htm |
EX-31.F - EXHIBIT 31.F - PPL Corp | exhibit31f.htm |
EX-31.A - EXHIBIT 31.A - PPL Corp | exhibit31a.htm |
EX-31.D - EXHIBIT 31.D - PPL Corp | exhibit31d.htm |
EX-32.E - EXHIBIT 32.E - PPL Corp | exhibit32e.htm |
EX-32.D - EXHIBIT 32.D - PPL Corp | exhibit32d.htm |
EX-31.G - EXHIBIT 31.G - PPL Corp | exhibit31g.htm |
EX-31.E - EXHIBIT 31.E - PPL Corp | exhibit31e.htm |
EX-32.B - EXHIBIT 32.B - PPL Corp | exhibit32b.htm |
EX-31.J - EXHIBIT 31.J - PPL Corp | exhibit31j.htm |
EX-31.C - EXHIBIT 31.C - PPL Corp | exhibit31c.htm |
EX-31.H - EXHIBIT 31.H - PPL Corp | exhibit31h.htm |
EX-12.B - EXHIBIT 12B - PPL Corp | exhibit12b.htm |
EX-31.I - EXHIBIT 31.I - PPL Corp | exhibit31i.htm |
Exhibit 12(c) | ||||||||||||||||||||||||
LG&E AND KU ENERGY LLC AND SUBSIDIARIES | ||||||||||||||||||||||||
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES | ||||||||||||||||||||||||
(Millions of Dollars) | ||||||||||||||||||||||||
3 Months | ||||||||||||||||||||||||
Ended | ||||||||||||||||||||||||
March 31, | Years Ended December 31, | |||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||||||||
Income from Continuing Operations | ||||||||||||||||||||||||
Before Income Taxes | $ | 192 | $ | 603 | $ | 553 | $ | 551 | $ | 331 | $ | 419 | ||||||||||||
Adjustment to reflect earnings from | ||||||||||||||||||||||||
equity method investments on a cash | ||||||||||||||||||||||||
basis (a) | (1) | (1) | (1) | 33 | (1) | |||||||||||||||||||
192 | 602 | 552 | 550 | 364 | 418 | |||||||||||||||||||
Total fixed charges as below | 55 | 189 | 173 | 151 | 157 | 153 | ||||||||||||||||||
Total earnings | $ | 247 | $ | 791 | $ | 725 | $ | 701 | $ | 521 | $ | 571 | ||||||||||||
Fixed charges, as defined: | ||||||||||||||||||||||||
Interest charges (b) (c) | $ | 53 | $ | 181 | $ | 167 | $ | 145 | $ | 151 | $ | 147 | ||||||||||||
Estimated interest component of | ||||||||||||||||||||||||
operating rentals | 2 | 8 | 6 | 6 | 6 | 6 | ||||||||||||||||||
Total fixed charges | $ | 55 | $ | 189 | $ | 173 | $ | 151 | $ | 157 | $ | 153 | ||||||||||||
Ratio of earnings to fixed charges | 4.5 | 4.2 | 4.2 | 4.6 | 3.3 | 3.7 |
(a) | Includes other-than-temporary impairment loss of $25 million in 2012. | |
(b) | Includes interest on long-term and short-term debt, as well as amortization of loss on reacquired debt and amortization of debt discount, expense and premium - net. | |
(c) | Includes a credit for amortization of a fair market value adjustment of $7 million in 2013. |
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