- 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 |
7th grade Avg
|
- 10-K Annual report
- 3.4 Energy East By-laws of the Company As Amended January 10, 2006
- 10.3 Energy East Amendment No. 1 to Director Share Plan
- 10.4 Energy East Amendment No. 2 to Director Share Plan
- 10.6 Energy East Amendment No. 1 to Deferred Comp. Plan - Director Share Plan
- 10.10 Energy East Supplemental Executive Retirement Plan Amendment No. 3
- 10.16 Energy East Amendment No. 1 to Deferred Comp. Plan
- 10.26 Energy East Award Agreement (February 2006) Under the 2000 Stock Option Plan
- 10.27 Energy East Amended and Restated Director's Charitable Giving Program
- 10.29 Energy East Form of Severance Agreement
- 10.30 Energy East Erisa Excess Plan
- 12.1 Energy East Computation of Ratio of Earnings to Fixed Charges
- 12.2 Energy East Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends
- 21 Energy East Subsidiaries
- 23 Energy East Consent of PWC for 2005
- 31.1 Energy East Section 302 Certification
- 31.2 Energy East Section 302 Certification
- 32 Energy East Section 906 Certification
- 23 Rg&e Consent of PWC for 2005
- 31.1 Rg&e Section 302 Certification
- 31.2 Rg&e Section 302 Certification
- 32 Rg&e Section 906 Cerfification
- 99.1 Rg&e Information Re: Directors, Section 16(A), Etc.
Exhibit 12-2
ENERGY EAST CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
Calendar Year | |||||
(Thousands) | 2005 | 2004 | 2003 | 2002 | 2001 |
|
|
|
|
|
|
Add: | |||||
Income tax | 169,997 | 251,445 | 128,663 | 100,277 | 154,865 |
Pretax Income from |
|
|
|
|
|
Fixed Charges | 297,734 | 289,846 | 312,473 | 297,284 | 238,103 |
Earnings, as defined | $724,564 | $778,912 | $649,626 | $587,490 | $581,707 |
| |||||
Interest charges, net(1) | $288,897 | $276,890 | $284,482 | $256,161 | $216,387 |
Interest portion of |
|
|
|
|
|
Earnings required to |
|
|
|
|
|
Fixed Charges, as defined | $297,734 | $289,846 | $312,473 | $297,284 | $238,103 |
Preferred Stock Dividends(3) | - | - | - | - | - |
Fixed Charges and |
|
|
|
|
|
Ratio of Earnings to Fixed |
|
|
|
|
|
(1) Includes interest on long-term debt, other interest, and amortization of premium and discount on debt.
(2) Preferred stock dividends of subsidiaries have been adjusted to a pretax basis.
(3) We have not previously issued preferred stock and we therefore have never declared any preferred dividends.
(4) The ratio of earnings to fixed charges is calculated by dividing earnings by fixed charges. For this purpose, earnings means income from continuing operations before income taxes and fixed charges. Fixed charges means all interest charges, the interest component of rentals, and preferred stock dividends of subsidiaries.
(5) Earnings for 2002 includes a $12 million writedown of an investment on NEON Communications, Inc. and a $41 million effect from restructuring expenses. Excluding those two amounts, the earnings ratio for 2002 would have been 2.13.
(6) Earnings for 2001 includes a $78 million writedown of an investment in NEON Communications, Inc. Excluding the $78 million, the earnings ratio for 2001 would have been 2.76.