- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
8th grade Avg
|
|
Exhibit 12.1
Virginia Electric and Power Company
Computation of Ratio of Earnings to Fixed Charges
(millions of dollars)
Years Ended | ||||||||
12 months ended |
|
|
|
|
| |||
Earnings, as defined: | ||||||||
Earnings before income taxes and minority interests in consolidated subsidiaries |
$ 1,374 |
|
|
|
|
| ||
Fixed charges included in the determination of net income |
|
|
|
|
|
| ||
Total earnings, as defined | $ 1,676 | $ 1,502 | $ 1,043 | $ 1,140 | $ 1,040 | $ 712 | ||
Fixed charges, as defined: | ||||||||
Interest charges | $ 311 | $ 311 | $ 320 | $ 297 | $ 290 | $ 319 | ||
Rental interest factor | 9 | 10 | 10 | 6 | 7 | 6 | ||
Total fixed charges, as defined | $ 320 | $ 321 | $ 330 | $ 303 | $ 297 | $ 325 | ||
Ratio of Earnings to Fixed Charges | 5.24 | 4.68 | 3.16 | 3.76 | 3.50 | 2.19 | ||