Evergy Metro 10-Q 2004 Q3 Quarterly report

Exhibit 12.1
GREAT PLAINS ENERGY COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
		Year to date
	September 30
		2004			2003			2002		2001			2000		1999
Income (loss) from continuing operations		(thousands)
before cumulative effect of changes
in accounting principles		$	138,810		$	189,702		$	136,702	$	(28,428	)	$	53,014	$	82,485
Add:
Equity investment (income) loss			1,074			2,018			1,173		(23,641	)		22,994		22,328
Minority interests in subsidiaries			(848	)		(1,263	)		-		(897	)		-		-
Income subtotal			139,036			190,457			137,875		(52,966	)		76,008		104,813
Add:
Taxes on income			67,273			78,565			51,348		(34,672	)		7,926		4,707
Kansas City earnings tax			592			418			635		583			421		602
Total taxes on income			67,865			78,983			51,983		(34,089	)		8,347		5,309
Interest on value of leased
property			4,744			5,944			7,093		10,679			11,806		8,577
Interest on long-term debt			50,425			58,847			65,837		83,549			57,896		51,327
Interest on short-term debt			3,541			5,442			6,312		9,915			11,050		3,178
Mandatorily redeemable Preferred
Securities			-			9,338			12,450		12,450			12,450		12,450
Other interest expense
and amortization			2,487			3,912			3,760		5,188			2,927		3,573
Total fixed charges			61,197			83,483			95,452		121,781			96,129		79,105
Earnings before taxes on
income and fixed charges		$	268,098		$	352,923		$	285,310	$	34,726		$	180,484	$	189,227
Ratio of earnings to fixed charges			4.38			4.23			2.99		(a)			1.88		2.39
(a)  An $87.1 million deficiency in earnings caused the ratio of earnings to fixed charges to be less than a one-to-one coverage. A $195.8 million net write-off before income taxes related to the bankruptcy filing of DTI was recorded in 2001.