- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
Exhibit 12(a) | |||||||
FPL GROUP, INC. AND SUBSIDIARIES | |||||||
Three Months Ended | |||||||
(millions of dollars) | |||||||
Earnings, as defined: | |||||||
Net income | $ | 137 | |||||
Income taxes | 22 | ||||||
Fixed charges included in the determination of net income, as below | 141 | ||||||
Amortization of capitalized interest | 3 | ||||||
Distributed income of equity method investees | 1 | ||||||
Less: Equity in earnings of equity method investees | 19 | ||||||
Total earnings, as defined | $ | 285 | |||||
Fixed charges, as defined: | |||||||
Interest charges | $ | 138 | |||||
Rental interest factor | 3 | ||||||
Fixed charges included in the determination of net income | 141 | ||||||
Capitalized interest | 7 | ||||||
Total fixed charges, as defined | $ | 148 | |||||
Ratio of earnings to fixed charges and ratio of earnings to | |||||||
combined fixed charges and preferred stock dividends(a) | 1.93 | ||||||
_____________________ | |||||||
(a) | FPL Group, Inc. has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends. | ||||||