Attached files
| file | filename |
|---|---|
| EX-32.01 - EXHIBIT 32.01 - OKLAHOMA GAS & ELECTRIC CO | a2017oge10-kxex3201.htm |
| EX-31.01 - EXHIBIT 31.01 - OKLAHOMA GAS & ELECTRIC CO | a2017oge10-kxex3101.htm |
| EX-24.01 - EXHIBIT 24.01 - OKLAHOMA GAS & ELECTRIC CO | a2017oge10-kxex2401.htm |
| EX-23.01 - EXHIBIT 23.01 - OKLAHOMA GAS & ELECTRIC CO | a2017oge10-kxex2301.htm |
| EX-10.11 - EXHIBIT 10.11 - OKLAHOMA GAS & ELECTRIC CO | a2017oge10-kxex1011.htm |
| EX-10.10 - EXHIBIT 10.10 - OKLAHOMA GAS & ELECTRIC CO | a2017oge10-kxex1010.htm |
| 10-K - OG&E 10-K - OKLAHOMA GAS & ELECTRIC CO | a2017oge10-k.htm |
Exhibit 12.01
Oklahoma Gas and Electric Company
Ratio of Earnings to Fixed Charges
Year Ended December 31 (In millions) | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||
Earnings: | |||||||||||||||
Pre-tax income | $ | 447.3 | $ | 398.5 | $ | 373.7 | $ | 403.6 | $ | 406.1 | |||||
Add: Fixed charges | 158.6 | 147.9 | 153.9 | 146.9 | 136.0 | ||||||||||
Subtotal | 605.9 | 546.4 | 527.6 | 550.5 | 542.1 | ||||||||||
Subtract: | |||||||||||||||
Allowance for borrowed funds used during construction | 18.0 | 7.5 | 4.2 | 2.4 | 3.4 | ||||||||||
Total earnings | 587.9 | 538.9 | 523.4 | 548.1 | 538.7 | ||||||||||
Fixed Charges: | |||||||||||||||
Interest on long-term debt | 151.9 | 141.7 | 146.8 | 139.7 | 130.6 | ||||||||||
Interest on short-term debt and other interest charges | 4.5 | 3.9 | 4.1 | 4.2 | 2.1 | ||||||||||
Calculated interest on leased property | 2.2 | 2.3 | 3.0 | 3.0 | 3.3 | ||||||||||
Total fixed charges | $ | 158.6 | $ | 147.9 | $ | 153.9 | $ | 146.9 | $ | 136.0 | |||||
Ratio of Earnings to Fixed Charges | 3.71 | 3.64 | 3.40 | 3.73 | 3.96 | ||||||||||