Florida Power & Light 10-Q 2013 Q3 Quarterly report

Exhibit 12(b)

FLORIDA POWER & LIGHT COMPANY AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS^(a) 

	Nine Months Ended September 30, 2013
	(millions of dollars)
Earnings, as defined:
Net income	$	1,100.7
Income taxes	676.9
Fixed charges included in the determination of net income, as below	337.5
Total earnings, as defined	$	2,115.1
Fixed charges, as defined:
Interest expense	$	310.3
Rental interest factor	7.7
Allowance for borrowed funds used during construction	19.5
Total fixed charges, as defined	$	337.5
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a)	6.27

————————————

(a) Florida Power & Light Company 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.