EXHIBIT 12
FLORIDA POWER CORPORATION
Statement of Computation of Ratios(Dollars In millions)Ratio of Earnings to Fixed Charges:
Twelve Months Ended Year Ended September 30, December 31, 1999 1998 1998 1997 NET INCOME $ 276.7 $ 240.2 $ 250.1 $ 135.9 Add: Operating Income Taxes 152.5 136.2 140.3 69.9 Other Income Taxes 4.6 0.2 0.7 Income Before Taxes 433.8 376.6 391.1 205.8 Total Interest Charges 125.8 137.8 136.5 117.3 Total Earnings (A) $ 559.6 $ 514.4 $ 527.6 $ 323.1 Fixed Charges (B) $ 125.8 $ 137.8 $ 136.5 $ 117.3 Ratio of Earnings to Fixed Charges (A/B) 4.45 3.73 3.87 2.75 30
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10-Q Filing
Duke Energy Florida 10-Q1999 Q3 Quarterly report
Filed: 10 Nov 99, 12:00am