Exhibit 12.4
Illinois Power 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 from continuing operations | $ | 3,679 | |
| Add- Taxes based on income | 2,342 | ||
| Net income before income taxes | 6,021 | ||
| Add- fixed charges: | |||
| Interest on long term debt | 10,756 | ||
Amortization of net debt premium, discount, expenses and losses | 848 | ||
| Total fixed charges | 11,604 | ||
| Earnings available for fixed charges | 17,625 | ||
| Ratio of earnings to fixed charges | 1.51 | ||
Earnings required for combined fixed charges and preferred stock dividends: | |||
| Preferred stock dividends | 574 | ||
| Adjustment to pre-tax basis | 366 | ||
| 940 | |||
Combined fixed charges and preferred stock dividend requirements | $ | 12,544 | |
Ratio of earnings to combined fixed charges and preferred stock dividend requirements | 1.40 | ||