Attached files
| file | filename |
|---|---|
| EX-10.12 - EXHIBIT 10.12 - OGE ENERGY CORP. | a2017oge10-kxex1012.htm |
| EX-99.02 - EXHIBIT 99.02 - OGE ENERGY CORP. | a2017oge10-kxex9902.htm |
| EX-32.01 - EXHIBIT 32.01 - OGE ENERGY CORP. | a2017oge10-kxex3201.htm |
| EX-31.01 - EXHIBIT 31.01 - OGE ENERGY CORP. | a2017oge10-kxex3101.htm |
| EX-24.01 - EXHIBIT 24.01 - OGE ENERGY CORP. | a2017oge10-kxex2401.htm |
| EX-23.02 - EXHIBIT 23.02 - OGE ENERGY CORP. | a2017oge10-kxex2302.htm |
| EX-23.01 - EXHIBIT 23.01 - OGE ENERGY CORP. | a2017oge10-kxex2301.htm |
| EX-21.01 - EXHIBIT 21.01 - OGE ENERGY CORP. | a2017oge10-kxex2101.htm |
| EX-10.13 - EXHIBIT 10.13 - OGE ENERGY CORP. | a2017oge10-kxex1013.htm |
| 10-K - OGE ENERGY CORP. 10-K - OGE ENERGY CORP. | a2017ogeenergy10-k.htm |
Exhibit 12.01
OGE Energy Corp.
Ratio of Earnings to Fixed Charges
Year Ended December 31 (In millions) | 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||
Earnings: | |||||||||||||||
Pre-tax income (A) | $ | 438.5 | $ | 384.5 | $ | 353.2 | $ | 396.0 | $ | 422.2 | |||||
Add: Fixed charges | 164.0 | 152.0 | 156.3 | 153.9 | 157.2 | ||||||||||
Distributions received from equity method investment | 141.2 | 141.2 | 139.3 | 143.7 | 51.7 | ||||||||||
Subtotal | 743.7 | 677.7 | 648.8 | 693.6 | 631.1 | ||||||||||
Subtract: | |||||||||||||||
Allowance for borrowed funds used during construction | 18.0 | 7.5 | 4.2 | 2.4 | 3.4 | ||||||||||
Other capitalized interest | — | — | — | — | 2.0 | ||||||||||
Total earnings | 725.7 | 670.2 | 644.6 | 691.2 | 625.7 | ||||||||||
Fixed Charges: | |||||||||||||||
Interest on long-term debt | 153.6 | 143.2 | 147.8 | 144.6 | 147.6 | ||||||||||
Interest on short-term debt and other interest charges | 8.2 | 6.4 | 5.4 | 6.2 | 5.3 | ||||||||||
Calculated interest on leased property | 2.2 | 2.4 | 3.1 | 3.1 | 4.3 | ||||||||||
Total fixed charges | $ | 164.0 | $ | 152.0 | $ | 156.3 | $ | 153.9 | $ | 157.2 | |||||
Ratio of Earnings to Fixed Charges | 4.42 | 4.41 | 4.12 | 4.49 | 3.98 | ||||||||||
(A)Excludes amounts attributable to income or loss from equity method investment.