EXHIBIT 12.6
Page 1
Page 1
JERSEY CENTRAL POWER & LIGHT COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
| Year Ended December 31, | ||||||||||||||||||||
| 2006 | 2007 | 2008 | 2009 | 2010 | ||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||
EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||||||||||||
| Income before extraordinary items | $ | 190,607 | $ | 186,108 | $ | 186,988 | $ | 170,499 | $ | 192,095 | ||||||||||
| Interest and other charges, before reduction for amounts capitalized and deferred | 94,035 | 107,232 | 106,316 | 121,105 | 121,005 | |||||||||||||||
| Provision for income taxes | 146,731 | 149,056 | 148,231 | 108,778 | 148,264 | |||||||||||||||
| Interest element of rentals charged to income (a) | 8,838 | 7,976 | 7,702 | 7,063 | 6,276 | |||||||||||||||
| Earnings as defined | $ | 440,211 | $ | 450,372 | $ | 449,237 | $ | 407,445 | $ | 467,640 | ||||||||||
FIXED CHARGES AS DEFINED IN REGULATION S-K: | ||||||||||||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 94,035 | $ | 107,232 | $ | 106,316 | $ | 121,105 | $ | 121,005 | ||||||||||
| Interest element of rentals charged to income (a) | 8,838 | 7,976 | 7,702 | 7,063 | 6,276 | |||||||||||||||
| Fixed charges as defined | $ | 102,873 | $ | 115,208 | $ | 114,018 | $ | 128,168 | $ | 127,281 | ||||||||||
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 4.28 | 3.91 | 3.94 | 3.18 | 3.67 | |||||||||||||||
| (a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined. |
EXHIBIT 12.6
Page 2
Page 2
JERSEY CENTRAL POWER & LIGHT COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES PLUS
PREFERRED STOCK DIVIDEND REQUIREMENTS (PRE-INCOME TAX BASIS)
PREFERRED STOCK DIVIDEND REQUIREMENTS (PRE-INCOME TAX BASIS)
| Year Ended December 31, | ||||||||||||||||||||
| 2006 | 2007 | 2008 | 2009 | 2010 | ||||||||||||||||
| (Dollars in thousands) | ||||||||||||||||||||
EARNINGS AS DEFINED IN REGULATION S-K: | ||||||||||||||||||||
| Income before extraordinary items | $ | 190,607 | $ | 186,108 | $ | 186,988 | $ | 170,499 | $ | 192,095 | ||||||||||
| Interest and other charges, before reduction for amounts capitalized and deferred | 94,035 | 107,232 | 106,316 | 121,105 | 121,005 | |||||||||||||||
| Provision for income taxes | 146,731 | 149,056 | 148,231 | 108,778 | 148,264 | |||||||||||||||
| Interest element of rentals charged to income (a) | 8,838 | 7,976 | 7,702 | 7,063 | 6,276 | |||||||||||||||
| Earnings as defined | $ | 440,211 | $ | 450,372 | $ | 449,237 | $ | 407,445 | $ | 467,640 | ||||||||||
FIXED CHARGES AS DEFINED IN REGULATION S-K PLUS PREFERRED STOCK DIVIDEND REQUIREMENTS (PRE-INCOME TAX BASIS): | ||||||||||||||||||||
| Interest before reduction for amounts capitalized and deferred | $ | 94,035 | $ | 107,232 | $ | 106,316 | $ | 121,105 | $ | 121,005 | ||||||||||
| Preferred stock dividend requirements | 1,018 | — | — | — | — | |||||||||||||||
| Adjustments to preferred stock dividends to state on a pre-income tax basis | 784 | — | — | — | — | |||||||||||||||
| Interest element of rentals charged to income (a) | 8,838 | 7,976 | 7,702 | 7,063 | 6,276 | |||||||||||||||
| Fixed charges as defined plus preferred stock dividend requirements (pre-income tax basis) | $ | 104,675 | $ | 115,208 | $ | 114,018 | $ | 128,168 | $ | 127,281 | ||||||||||
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES PLUS PREFERRED STOCK DIVIDEND REQUIREMENTS (PRE-INCOME TAX BASIS) | 4.21 | 3.91 | 3.94 | 3.18 | 3.67 | |||||||||||||||
| (a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined. |