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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 12.1 Ratio of Earnings to Fixed Charges
- 12.2 Ratio of Earnings to Fixed Charges
- 12.3 Ratio of Earnings to Fixed Charges
- 31.1 Certification
- 31.2 Certification
- 31.3 Certification
- 31.4 Certification
- 31.5 Certification
- 31.6 Certification
- 32.1 Certification
- 32.2 Certification
- 32.3 Certification
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Exhibit 12.2
Union Electric Company
Computation of Ratio of Earnings to Fixed Charges and Combined
Fixed Charges and Preferred Stock Dividend Requirements
(Millions of Dollars, Except Ratios)
| Three Months Ended March 31, | |||
| 2018 | |||
| Earnings available for fixed charges, as defined: | |||
| Net income | $ | 39 | |
| Tax expense based on income | 13 | ||
| Fixed charges | 56 | ||
| Earnings available for fixed charges, as defined | $ | 108 | |
| Fixed charges, as defined: | |||
| Interest expense on short-term and long-term debt | $ | 53 | |
| Estimated interest cost within rental expense | 1 | ||
| Amortization of net debt premium, discount, and expenses | 2 | ||
| Total fixed charges, as defined | $ | 56 | |
| Ratio of earnings to fixed charges | 1.9 | ||
| Earnings required for combined fixed charges and preferred stock dividends: | |||
| Preferred stock dividends | $ | 1 | |
| Adjustment to pretax basis | — | ||
| $ | 1 | ||
| Combined fixed charges and preferred stock dividend requirements | $ | 57 | |
| Ratio of earnings to combined fixed charges and preferred stock dividend requirements | 1.9 | ||