Attached files
| file | filename |
|---|---|
| 8-K - OG&E 8-K - OKLAHOMA GAS & ELECTRIC CO | ogande8k060810.htm |
| EX-1.01 - EXHIBIT 1.01 - OKLAHOMA GAS & ELECTRIC CO | ogande101exhibit.htm |
| EX-4.01 - EXHIBIT 4.01 - OKLAHOMA GAS & ELECTRIC CO | ogande401exhibit.htm |
| EX-5.01 - EXHIBIT 5.01 - OKLAHOMA GAS & ELECTRIC CO | ogande501exhibit.htm |
| EX-12.02 - EXHIBIT 12.02 - OKLAHOMA GAS & ELECTRIC CO | ogande1202exhibit.htm |
Exhibit 12.01
OKLAHOMA GAS AND ELECTRIC COMPANY
RATIO OF EARNINGS TO FIXED CHARGES
|
Year Ended
|
Year Ended
|
Year Ended
|
Year Ended
|
Year Ended
|
Three
Months
Ended
|
Twelve Months Ended
|
|||||||||||||||||||||
|
Dec 31,
|
Dec 31,
|
Dec 31,
|
Dec 31,
|
Dec 31,
|
March 31,
|
March 31,
|
|||||||||||||||||||||
|
(In thousands)
|
2005
|
2006
|
2007
|
2008
|
2009
|
2010
|
2010
|
||||||||||||||||||||
|
Earnings:
|
|||||||||||||||||||||||||||
|
Pre-tax income
|
$
|
182,280
|
$
|
234,093
|
$
|
234,862
|
$
|
195,410
|
$
|
290,390
|
$
|
11,876
|
$
|
301,847
|
|||||||||||||
|
Add Fixed Charges
|
52,380
|
66,974
|
61,064
|
85,151
|
103,953
|
25,871
|
103,904
|
||||||||||||||||||||
|
Subtotal
|
234,660
|
301,067
|
295,926
|
280,561
|
394,343
|
37,747
|
405,751
|
||||||||||||||||||||
|
Subtract:
|
|||||||||||||||||||||||||||
|
Allowance for borrowed funds used during construction
|
2,233
|
4,487
|
3,989
|
3,950
|
8,284
|
1,174
|
8,335
|
||||||||||||||||||||
|
Total Earnings
|
232,427
|
296,580
|
291,937
|
276,611
|
386,059
|
36,573
|
397,416
|
||||||||||||||||||||
|
Fixed Charges:
|
|||||||||||||||||||||||||||
|
Interest on long-term debt
|
42,118
|
50,301
|
50,860
|
67,274
|
96,464
|
24,089
|
96,384
|
||||||||||||||||||||
|
Interest on short-term debt and other interest charges
|
7,314
|
14,300
|
8,047
|
15,774
|
5,434
|
1,283
|
5,488
|
||||||||||||||||||||
|
Calculated interest on leased property
|
2,948
|
2,373
|
2,157
|
2,103
|
2,055
|
499
|
2,032
|
||||||||||||||||||||
|
Total Fixed Charges
|
$
|
52,380
|
$
|
66,974
|
$
|
61,064
|
$
|
85,151
|
$
|
103,953
|
$
|
25,871
|
$
|
103,904
|
|||||||||||||
|
Ratio of Earnings to Fixed Charges
|
4.44
|
4.43
|
4.78
|
3.25
|
3.71
|
1.41
|
3.82
|
||||||||||||||||||||