Ameren (AEE) 10-K2005 FY Annual report

Filed: 7 Mar 06, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: Acid, aftertax, Alabama, alsoincur, Amerendirectly, andleased, anenergy, anoption, appellate, aprovision, Aquila, archeological, aresignificant, ARO, atCILCO, Audrain, Aviall, awaiting, baseelectric, baseload, Blagojevich, blanket, block, border, building, burden, Burlington, CAIR, callable, Canton, cap, Cape, capped, category, centsper, citing, Clay, compel, consumption, count, Creation, crossing, CUB, cure, curve, decide, decided, designedto, DevelopmentCompany, divested, drawn, dueFebruary, duration, ease, ELPC, enable, enabling, EPS, Eurodollar, exacerbated, explaining, explore, figure, flooding, Flora, Florida, forprotection, front, gasification, George, Gibson, gigawatthour, Girardeau, Goose, governor, Guaranty, hasbeen, heavy, highlight, hired, history, hour, Hutsonville, Ill, improperly, incometax, incorrectlymodel, Indian, infancy, inJanuary, injection, inOctober, insignificant, insolvency, intentionally, iscurrently, ISDA, job, JPMorgan, justify, Kirksville, lending, length, lesser, lieu, Louisiana, MarketingCompany, meantime, MEP, Mexico, Moberly, monthof, mutual, nonbypassable, noncatalytic, noncompliance, nonconvertible, nonmonetary, nonparticipating, nonregistrant, nonrenewal, nonretainable, nonutility, notbe, notconstitute, NOxemission, NRG, ofDecember, ofour, ofsuch, OPC, opposition, package, paragraph, parcel, park, Pekin, persist, Piatt, point, policiesmay, postacquisition, postauction, Powder, Prebil, pressure, prime, prudence, prudency, PUA, Raccoon, Rain, ration, reagent, rebuild, reelected, reelection, reentry, relicensing, relicensure, repeal, repealed, repealing, rest, Resultsof, rich, Rod, SERC, soldunder, southeastern, specialist, speed, steady, storm, stricter, suboptimal, substantive, succeed, summarized, surface, surrender, surrendered, Sustainable, sustained, taxation, thecommon, thefacility, theMoPSC, theoretical, theprincipal, thousand, todiffer, Topeka, topurchase, toreflect, totake, track, unaffected, unaffiliated, unchanged, underfunded, underwhich, unstable, unused, upper, valorem, variance, vintage, Virginia, virtually, wasintroduced, whichever, willsatisfy, Wyoming

Removed: accountant, aforementioned, annex, Appendix, Birk, Bremer, bring, Chicago, Clifford, compensatory, Craig, Crowley, Deed, Edmond, EquiServe, equitable, foreign, furnish, Garry, governing, Greenwalt, Gregory, GridAmerica, herewith, hydro, imposition, integrating, ITC, Jerry, Jr, Justice, Menne, Meramec, Michigan, Miller, Moehn, Nelson, optimizing, Paul, Randolph, region, resolving, restructured, Robert, Ronald, sharing, Simpson, Stofft, thereunto, trustee, Uncollectible, undersigned, Wisconsin, Zdellar

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

AEE similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12.7

Illinois Power Company

Computation of Ratios of Earnings to Fixed Charges and Combined

Fixed Charges and Preferred Stock Dividend Requirements

(Thousands of Dollars, Except Ratios)


	Year Ended December 31,
	2001		2002		2003			2004⁽¹⁾		2005
Net income from continuing operations	$	168,473	$	162,989	$	117,113		$	137,538	$	97,039
Less- Change in accounting principle		-		-		(2,294	)		-		-
Add- Taxes based on income		117,221		104,209		76,023			87,591		65,171

Net income before income taxes and change in accounting principle		285,694		267,198		195,430			225,129		162,210

Add- fixed charges:
Interest on long term debt		104,861		94,738		146,045			112,616		41,028
Estimated interest cost within rental expense		2,250		2,442		1,895			1,696		1,290
Amortization of net debt premium, discount, expenses and losses		18,638		18,135		17,751			18,772		2,315

Total fixed charges		125,749		115,315		165,691			133,084		44,633

Earnings available for fixed charges		411,443		382,513		361,121			358,213		206,843

Ratio of earnings to fixed charges		3.27		3.31		2.17			2.69		4.63

Earnings required for combined fixed charges and preferred stock dividends:
Preferred stock dividends		2,294		2,294		2,294			2,294		2,294
Adjustment to pre-tax basis		1,597		1,466		1,434			1,461		1,542

		3,891		3,760		3,728			3,755		3,836

Combined fixed charges and preferred stock dividend requirements	$	129,640	$	119,075	$	169,419		$	136,839	$	48,469

Ratio of earnings to combined fixed charges and preferred stock dividend requirements		3.17		3.21		2.13			2.61		4.26

⁽¹⁾	Ameren Corporation purchased Illinois Power Company on September 30, 2004, amounts include combined predecessor and successor financial information.