Attached files
Exhibit
12.1
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GREAT
PLAINS ENERGY
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COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES
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Year
to Date
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September
30
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2009
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2008
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2007
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2006
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2005
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2004
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(millions)
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Income
from continuing operations
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$ | 137.0 | $ | 119.7 | $ | 120.9 | $ | 136.7 | $ | 142.9 | $ | 127.2 | |||||||
Add
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Equity
investment loss
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0.4 | 1.3 | 2.0 | 1.9 | 0.4 | 1.5 | |||||||||||||
Income
subtotal
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137.4 | 121.0 | 122.9 | 138.6 | 143.3 | 128.7 | |||||||||||||
Add
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Taxes
on income
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26.3 | 63.8 | 44.9 | 60.3 | 22.2 | 30.7 | |||||||||||||
Kansas
City earnings tax
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0.5 | 0.3 | 0.5 | 0.5 | 0.5 | 0.5 | |||||||||||||
Total
taxes on income
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26.8 | 64.1 | 45.4 | 60.8 | 22.7 | 31.2 | |||||||||||||
Interest
on value of leased property
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5.2 | 3.6 | 3.9 | 4.1 | 6.2 | 6.2 | |||||||||||||
Interest
on long-term debt
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148.6 | 126.2 | 74.1 | 62.6 | 64.3 | 66.1 | |||||||||||||
Interest
on short-term debt
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8.6 | 18.2 | 26.4 | 9.2 | 4.5 | 4.3 | |||||||||||||
Other
interest expense and amortization (a)
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4.4 | (1.4 | ) | 5.8 | 3.9 | 4.3 | 13.6 | ||||||||||||
Total
fixed charges
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166.8 | 146.6 | 110.2 | 79.8 | 79.3 | 90.2 | |||||||||||||
Earnings
before taxes on
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income
and fixed charges
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$ | 331.0 | $ | 331.7 | $ | 278.5 | $ | 279.2 | $ | 245.3 | $ | 250.1 | |||||||
Ratio
of earnings to fixed charges
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1.98 | 2.26 | 2.53 | 3.50 | 3.09 | 2.77 | |||||||||||||
(a)
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On
January 1, 2007, Great Plains Energy elected to make an accounting policy
change to recognize interest related to uncertain tax
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positions
in interest
expense.
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