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-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.C - EXHIBIT 12C - PPL Corp | exhibit12c.htm |
EX-12.B - EXHIBIT 12B - PPL Corp | exhibit12b.htm |
EX-31.I - EXHIBIT 31.I - PPL Corp | exhibit31i.htm |
Exhibit 12(e) | ||||||||||||||||||||||||
KENTUCKY UTILITIES COMPANY | ||||||||||||||||||||||||
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 Before Income Taxes | $ | 121 | $ | 374 | $ | 355 | $ | 360 | $ | 215 | $ | 282 | ||||||||||||
Adjustment to reflect earnings from | ||||||||||||||||||||||||
equity method investments on a cash | ||||||||||||||||||||||||
basis (a) | (1) | (1) | (1) | 33 | (1) | |||||||||||||||||||
121 | 373 | 354 | 359 | 248 | 281 | |||||||||||||||||||
Total fixed charges as below | 25 | 86 | 80 | 73 | 72 | 73 | ||||||||||||||||||
Total earnings | $ | 146 | $ | 459 | $ | 434 | $ | 432 | $ | 320 | $ | 354 | ||||||||||||
Fixed charges, as defined: | ||||||||||||||||||||||||
Interest charges (b) | $ | 24 | $ | 82 | $ | 77 | $ | 70 | $ | 69 | $ | 70 | ||||||||||||
Estimated interest component of | ||||||||||||||||||||||||
operating rentals | 1 | 4 | 3 | 3 | 3 | 3 | ||||||||||||||||||
Total fixed charges | $ | 25 | $ | 86 | $ | 80 | $ | 73 | $ | 72 | $ | 73 | ||||||||||||
Ratio of earnings to fixed charges | 5.8 | 5.3 | 5.4 | 5.9 | 4.4 | 4.8 |
(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. | |
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