FIRSTENERGY CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in millions) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 725 |
| | $ | 580 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 763 |
| | 629 |
|
| Provision for income taxes | 490 |
| | 364 |
|
Interest element of rentals charged to income (a) | 114 |
| | 114 |
|
| Earnings as defined | $ | 2,092 |
| | $ | 1,687 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 763 |
| | $ | 629 |
|
Interest element of rentals charged to income (a) | 114 |
| | 114 |
|
| Fixed charges as defined | $ | 877 |
| | $ | 743 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.39 |
| | 2.27 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined. |
FIRSTENERGY SOLUTIONS CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in millions) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 166 |
| | $ | 177 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 161 |
| | 158 |
|
| Provision for income taxes | 98 |
| | 108 |
|
Interest element of rentals charged to income (a) | 65 |
| | 68 |
|
| Earnings as defined | $ | 490 |
| | $ | 511 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 161 |
| | $ | 158 |
|
Interest element of rentals charged to income (a) | 65 |
| | 68 |
|
| Fixed charges as defined | $ | 226 |
| | $ | 226 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.17 |
| | 2.26 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined |
OHIO EDISON COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in millions) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 119 |
| | $ | 119 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 66 |
| | 66 |
|
| Provision for income taxes | 67 |
| | 61 |
|
Interest element of rentals charged to income (a) | 44 |
| | 48 |
|
| Earnings as defined | $ | 296 |
| | $ | 294 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 66 |
| | $ | 66 |
|
Interest element of rentals charged to income (a) | 44 |
| | 48 |
|
| Fixed charges as defined | $ | 110 |
| | $ | 114 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.69 |
| | 2.58 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined |
THE CLEVELAND ELECTRIC ILLUMINATING COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in thousands) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 61,657 |
| | $ | 60,866 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 97,453 |
| | 100,267 |
|
| Provision for income taxes | 26,927 |
| | 33,107 |
|
Interest element of rentals charged to income (a) | 1,310 |
| | 1,338 |
|
| Earnings as defined | $ | 187,347 |
| | $ | 195,578 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 97,453 |
| | $ | 100,267 |
|
Interest element of rentals charged to income (a) | 1,310 |
| | 1,338 |
|
| Fixed charges as defined | $ | 98,763 |
| | $ | 101,605 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 1.90 |
| | 1.92 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined |
THE TOLEDO EDISON COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in thousands) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 32,246 |
| | $ | 27,821 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 31,378 |
| | 31,421 |
|
| Provision for income taxes | 12,135 |
| | 13,241 |
|
Interest element of rentals charged to income (a) | 21,621 |
| | 23,924 |
|
| Earnings as defined | $ | 97,380 |
| | $ | 96,407 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 31,378 |
| | $ | 31,421 |
|
Interest element of rentals charged to income (a) | 21,621 |
| | 23,924 |
|
| Fixed charges as defined | $ | 52,999 |
| | $ | 55,345 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 1.84 |
| | 1.74 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined |
JERSEY CENTRAL POWER & LIGHT COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in millions) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 144 |
| | $ | 162 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 93 |
| | 91 |
|
| Provision for income taxes | 107 |
| | 121 |
|
Interest element of rentals charged to income (a) | 6 |
| | 5 |
|
| Earnings as defined | $ | 350 |
| | $ | 379 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 93 |
| | $ | 91 |
|
Interest element of rentals charged to income (a) | 6 |
| | 5 |
|
| Fixed charges as defined | $ | 99 |
| | $ | 96 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 3.54 |
| | 3.97 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined |
METROPOLITAN EDISON COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in thousands) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 64,514 |
| | $ | 43,664 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 39,530 |
| | 39,812 |
|
| Provision for income taxes | 32,203 |
| | 30,968 |
|
Interest element of rentals charged to income (a) | 1,025 |
| | 1,642 |
|
| Earnings as defined | $ | 137,272 |
| | $ | 116,086 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 39,530 |
| | $ | 39,812 |
|
Interest element of rentals charged to income (a) | 1,025 |
| | 1,642 |
|
| Fixed charges as defined | $ | 40,555 |
| | $ | 41,454 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 3.38 |
| | 2.80 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined |
PENNSYLVANIA ELECTRIC COMPANY
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
|
| | | | | | | |
| | Nine Months
Ended September 30 |
| | 2011 | | 2010 |
| | (Dollars in thousands) |
| EARNINGS AS DEFINED IN REGULATION S-K: | | | |
| Income before extraordinary items | $ | 52,177 |
| | $ | 50,089 |
|
| Interest and other charges, before reduction for amounts capitalized and deferred | 51,996 |
| | 52,501 |
|
| Provision for income taxes | 36,626 |
| | 28,280 |
|
Interest element of rentals charged to income (a) | 2,508 |
| | 2,538 |
|
| Earnings as defined | $ | 143,307 |
| | $ | 133,408 |
|
| FIXED CHARGES AS DEFINED IN REGULATION S-K: | | | |
| Interest before reduction for amounts capitalized and deferred | $ | 51,996 |
| | $ | 52,501 |
|
Interest element of rentals charged to income (a) | 2,508 |
| | 2,538 |
|
| Fixed charges as defined | $ | 54,504 |
| | $ | 55,039 |
|
| CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES | 2.63 |
| | 2.42 |
|
| |
(a) | Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined |
