Indiana Michigan Power 10Q 2010 Q1 Quarterly report | SEC Filing

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

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Removed: absence, absorption, accompanying, ACI, acquired, acted, activated, actuarial, addressing, adequately, adjacent, Administrator, advanced, advice, AECC, AG, airborne, allegedly, amortize, ancillary, APB, aquatic, argued, attempt, auction, authorization, authorize, balancing, bargain, BBB, bill, BPJ, break, Brownsville, budgeted, built, bundled, burden, buyer, capped, catastrophe, cease, ceased, choice, clarified, Cogeneration, combination, commencement, comment, commercially, comparison, compensate, compensatory, complying, computing, concentration, concluding, concurrently, conservative, considerable, considerably, consistency, constrained, consulting, contingent, continuation, contrary, convert, Coushatta, Creek, CREZ, CSW, deferring, demonstration, denial, deny, dependent, deposit, depreciate, designation, deviated, differential, diminish, diminished, disallowance, disclose, discretion, dismissal, distressed, Dolly, Dominion, downgraded, Dresden, dropped, DSM, dysfunctional, earned, EDFIT, EITF, eliminating, Emerging, employed, enhancement, enhancing, entrained, ERISA, estimating, ETEC, evaluating, Examiner, Exelon, exhausted, existed, existence, expensed, experienced, experiencing, expiration, extend, extension, extraordinary, factored, farm, favorably, fewer, fiduciary, finalization, fiscal, flexibility, forced, forecast, framework, FSP, function, funded, gave, Gavin, GCRR, German, GHG, goodwill, gridSMART, grouping, growing, halt, harmed, hierarchical, historic, hit, House, identifiable, Ike, impacting, import, imposed, improving, incentive, incorrect, increasing, indemnified, indemnity, individually, initiate, intake, intangible, intensive, interpretation, intervene, invest, investee, invoiced, justify, kV, Lehman, LIBOR, liquidate, manager, manipulation, manner, manufacturing, match, metering, minimizing, Mitchell, monitoring, mortality, mortgage, MWH, NA, negate, negatively, network, Nevada, ninety, nonappealable, nonconforming, noncontrolling, nonfinancial, nonrecurring, notification, Oklaunion, OMPA, orderly, OTTI, outlining, Oxbow, Pacific, peaking, permanent, permitting, pinned, plaintiff, Plaquemine, positively, Potomac, PPA, precedent, prepaid, procurement, profitably, prohibited, projection, proper, proposal, proposing, prove, quantify, rail, rapidly, ratified, real, reallocate, recalculate, recalculation, recently, recognizing, refueling, reissue, rely, remain, remeasurement, remove, renewed, repaid, replace, representative, repurchased, rescheduled, restore, resume, retrospective, retrospectively, reviewed, revise, revised, revision, Rock, RSP, rubber, RWE, screen, selection, Senate, setting, shortened, slowdown, SNCR, sooner, south, spike, spread, spring, stabilization, stop, strategic, subsequent, SUEZ, sufficiently, Super, supplemental, sustain, Task, TCRR, TEM, tendered, tracker, Tractebel, treasury, treat, tree, trimming, uniform, unreasonable, unrecoverable, unstated, validity, varying, vesting, voluntarily, water, weak, week, widespread, writ, zonal, zone

											Twelve		Three
											Months		Months
	Year Ended December 31,										Ended		Ended
	2005		2006		2007			2008		2009	3/31/2010		3/31/2010
EARNINGS
Income Before Income Taxes	$	228,082	$	197,273	$	204,394	$	190,133	$	297,347	$	246,899	$	66,689
Fixed Charges (as below)		133,293		142,388		161,849		164,660		173,293		176,397		44,597
Total Earnings	$	361,375	$	339,661	$	366,243	$	354,793	$	470,640	$	423,296	$	111,286

FIXED CHARGES
Interest Expense	$	65,041	$	72,723	$	80,034	$	89,851	$	101,145	$	103,715	$	26,101
Credit for Allowance for Borrowed Funds Used During Construction		4,352		7,465		5,315		4,609		8,348		8,882		2,546
Estimated Interest Element in Lease Rentals		63,900		62,200		76,500		70,200		63,800		63,800		15,950
Total Fixed Charges	$	133,293	$	142,388	$	161,849	$	164,660	$	173,293	$	176,397	$	44,597

Ratio of Earnings to Fixed Charges		2.71		2.38		2.26		2.15		2.71		2.39		2.49

Indiana Michigan Power 10-Q2010 Q1 Quarterly report

Content analysis