DTE Electric 10-K405 2000 FY Annual report (delinquent filer disclosure)

EXHIBIT 12-28

DTE ENERGY COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

				Year Ended December 31
				2000		1999		1998
				(Millions, except for ratio and percent)
Net income				$	468	$	483	$	443
Taxes based on income:
	Income taxes				9		60		154
	Municipal and state				3		3		3
		Total taxes based on income			12		63		157
Fixed charges:
	Interest on long-term debt				260		279		279
	Amortization of debt discount, premium and expense				11		18		11
	Other interest				65		47		29
	Interest factor of rents				34		34		34
	Preferred stock dividend factor				—		—		7
Total fixed charges					370		378		360
Earnings before taxes based on income and fixed charges				$	850	$	924	$	960
Ratio of earnings to fixed charges					2.30		2.44		2.67
Preferred stock dividends				$	—	$	—	$	6
Dividends meeting requirement of IRC Section 247					N/A		N/A		4
Percent deductible for income tax purposes					N/A		N/A		40.00	%
Amount deductible					N/A		N/A		2
Amount not deductible					N/A		N/A		4
Ratio of pretax income to net income					N/A		N/A		1.35
Dividend factor for amount not deductible					N/A		N/A		5
Amount deductible					N/A		N/A		2
			Total preferred stock dividend factor	$	N/A	$	N/A	$	7