Free signup for more
- 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
|
|
New words:
analyzing, bringing, carbon, conservation, debenture, delisted, deregistered, discretion, emission, equal, fall, GHG, holder, notice, Ontario, put, ratemaking, spend, successful, twenty, unamortized, undivided
Removed:
JEA, qualifying, timing
Filing tables
Filing exhibits
Related press release
Florida Power & Light similar filings
Filing view
External links
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, 2015 | |||
| (millions of dollars) | |||
| Earnings, as defined: | |||
| Net income | $ | 1,283.3 | |
| Income taxes | 728.5 | ||
| Fixed charges, as below | 360.4 | ||
| Total earnings, as defined | $ | 2,372.2 | |
| Fixed charges, as defined: | |||
| Interest expense | $ | 337.4 | |
| Rental interest factor | 9.0 | ||
| Allowance for borrowed funds used during construction | 14.0 | ||
| Total fixed charges, as defined | $ | 360.4 | |
Ratio of earnings to fixed charges and ratio of earnings to combined fixed charges and preferred stock dividends(a) | 6.58 | ||
| (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. |