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Content analysis
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- 10-K Annual report
- 12.1 Ameren's Statement of Computation of Ratio of Earnings to Fixed Charges
- 12.2 Ue's Statement of Computation of Ratio of Earnings to Fixed Charges
- 12.3 Cips' Statement of Computation of Ratio of Earnings to Fixed Charges
- 12.4 Genco's Statement of Computation of Ratio of Earnings to Fixed Charges
- 12.5 Cilcorp's Statement of Computation of Ratio of Earnings to Fixed Charges
- 12.6 Cilco's Statement of Computation of Ratio of Earnings to Fixed Charges
- 12.7 Ip's Statement of Computation of Ratio of Earnings to Fixed Charges
- 21.1 Subsidiaries of Ameren
- 23.1 Consent of Independent Registered Public Accounting Firm with Respect to Ameren
- 23.2 Consent of Independent Registered Public Accounting Firm with Respect to Ue
- 23.3 Consent of Independent Registered Public Accounting Firm with Respect to Cips
- 24.1 Power of Attorney with Respect to Ameren
- 24.2 Power of Attorney with Respect to Ue
- 24.3 Power of Attorney with Respect to Cips
- 24.4 Power of Attorney with Respect to Genco
- 24.5 Power of Attorney with Respect to Cilcorp
- 24.6 Power of Attorney with Respect to Cilco
- 24.7 Power of Attorney with Respect to Ip
- 31.1 Ameren Peo Certification
- 31.2 Ameren Pfo Certification
- 31.3 Ue, Cips, Cilcorp, Cilco, and Ip Peo Certification
- 31.4 Ue, Cips, Genco, Cilcorp, Cilco, and Ip Pfo Certification
- 31.5 Genco Peo Certification
- 32.1 Ameren, Ue, Cips, Cilcorp, Cilco and Ip Peo and Pfo Certification
- 32.2 Genco Peo and Pfo Certification
Exhibit 12.2
Union Electric Company
Computation of Ratios of Earnings to Fixed Charges and Combined
Fixed Charges and Preferred Stock Dividend Requirements
(Thousands of Dollars, Except Ratios)
Year Ended December 31, | ||||||||||||||||
2001 | 2002 | 2003 | 2004 | 2005 | ||||||||||||
Net income from continuing operations | $ | 373,836 | $ | 343,742 | $ | 446,475 | $ | 378,670 | $ | 351,770 | ||||||
Less- Change in accounting principle | (4,848 | ) | - | - | - | - | ||||||||||
Less- Income from equity investee | - | 13,627 | 7,050 | 5,098 | 6,463 | |||||||||||
Add- Taxes based on income | 229,599 | 193,330 | 250,669 | 207,641 | 193,156 | |||||||||||
Net income before income taxes, change in Accounting principle and income from equity investee | 608,283 | 523,445 | 690,094 | 581,213 | 538,463 | |||||||||||
Add- fixed charges: | ||||||||||||||||
Interest on long term debt | 112,785 | 104,872 | 104,699 | 103,338 | 120,899 | |||||||||||
Estimated interest cost within rental expense | 3,576 | 2,852 | 2,771 | 2,790 | 2,528 | |||||||||||
Amortization of net debt premium, discount, and expenses | 3,282 | 3,530 | 4,170 | 5,168 | 5,278 | |||||||||||
Total fixed charges | 119,643 | 111,254 | 111,640 | 111,296 | 128,705 | |||||||||||
Earnings available for fixed charges | 727,926 | 634,699 | 801,734 | 692,509 | 667,168 | |||||||||||
Ratio of earnings to fixed charges | 6.08 | 5.70 | 7.18 | 6.22 | 5.18 | |||||||||||
Earnings required for combined fixed charges and preferred stock dividends: | ||||||||||||||||
Preferred stock dividends | 8,817 | 7,683 | 5,941 | 5,941 | 5,941 | |||||||||||
Adjustment to pre-tax basis | 4,299 | 3,297 | 2,959 | 2,891 | 2,896 | |||||||||||
13,116 | 10,980 | 8,900 | 8,832 | 8,837 | ||||||||||||
Combined fixed charges and preferred stock dividend requirements | $ | 132,759 | $ | 122,234 | $ | 120,540 | $ | 120,128 | $ | 137,542 | ||||||
Ratio of earnings to combined fixed charges and preferred stock dividend requirements | 5.48 | 5.19 | 6.65 | 5.76 | 4.85 | |||||||||||