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Virginia Electric & Power similar filings
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Exhibit 12.2.a
Virginia Electric and Power Company
Computation of Ratio of Earnings to Fixed Charges
(millions of dollars)
Years Ended December 31, | ||||||||||||||||||||||||||||
Six Months Ended June 30, 2013 | Twelve Months Ended June 30, 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||||||
Earnings, as defined: | ||||||||||||||||||||||||||||
Income from continuing operations before income tax expense | $ | 868 | $ | 1,902 | $ | 1,703 | $ | 1,362 | $ | 1,394 | $ | 503 | $ | 1,364 | ||||||||||||||
Fixed charges included in income | 197 | 399 | 418 | 361 | 385 | 392 | 343 | |||||||||||||||||||||
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Total earnings, as defined | $ | 1,065 | $ | 2,301 | $ | 2,121 | $ | 1,723 | $ | 1,779 | $ | 895 | $ | 1,707 | ||||||||||||||
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Fixed charges, as defined: | ||||||||||||||||||||||||||||
Interest charges | $ | 191 | $ | 386 | $ | 404 | $ | 346 | $ | 368 | $ | 376 | $ | 330 | ||||||||||||||
Rental interest factor | 6 | 13 | 14 | 15 | 17 | 16 | 13 | |||||||||||||||||||||
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Total fixed charges, as defined | $ | 197 | $ | 399 | $ | 418 | $ | 361 | $ | 385 | $ | 392 | $ | 343 | ||||||||||||||
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Ratio of Earnings to Fixed Charges | 5.41 | 5.77 | 5.07 | 4.77 | 4.62 | 2.28 | 4.98 |