Exhibit 12.1
Central Illinois Public Service Company Computation of Ratios of Earnings to Fixed Charges and Combined Fixed Charges and Preferred Stock Dividend Requirements (Thousands of Dollars, Except Ratios) | |||
Three Months Ended March 31, 2006 | |||
| Net income (loss) from continuing operations | $ | (1,580 | ) |
| Add- Income Taxes (benefit) | (339 | ) | |
| Net income (loss) before income taxes | (1,919 | ) | |
| Add- fixed charges: | |||
| Interest on long term debt | 7,420 | ||
Amortization of net debt premium, discount, and expenses | 235 | ||
| Total fixed charges | 7,655 | ||
| Earnings available for fixed charges | 5,736 | ||
| Ratio of earnings to fixed charges | (a) | ||
Earnings required for combined fixed charges and preferred stock dividends: | |||
| Preferred stock dividends | 628 | ||
| Adjustment to pre-tax basis | 135 | ||
| 763 | |||
Combined fixed charges and preferred stock dividend requirements | $ | 8,418 | |
Ratio of earnings to combined fixed charges and preferred stock dividend requirements | (a) | ||
(a) Earnings are inadequate to cover fixed charges by $1,919 and combined fixed charges and preferred dividend requirements by $2,682. | |||