Exhibit 12.02
OKLAHOMA GAS AND ELECTRIC COMPANY
PRO FORMA RATIO OF EARNINGS TO FIXED CHARGES
Year Ended | Three Months Ended | Twelve Months Ended | |||||||
Dec 31, | March 31, | March 31, | |||||||
(In thousands) | 2009 | 2010 | 2010 | ||||||
Earnings: | |||||||||
Pre-tax income | $ | 275,915 | $ | 8,224 | $ | 287,345 | |||
Add Fixed Charges | 118,428 | 29,523 | 118,406 | ||||||
Subtotal | 394,343 | 37,747 | 405,751 | ||||||
Subtract: | |||||||||
Allowance for borrowed funds used during construction | 8,284 | 1,174 | 8,335 | ||||||
Total Earnings | 386,059 | 36,573 | 397,416 | ||||||
Fixed Charges: | |||||||||
Interest on long-term debt | 110,939 | 27,741 | 110,886 | ||||||
Interest on short-term debt and other interest charges | 5,434 | 1,283 | 5,488 | ||||||
Calculated interest on leased property | 2,055 | 499 | 2,032 | ||||||
Total Fixed Charges | $ | 118,428 | $ | 29,523 | $ | 118,406 | |||
Ratio of Earnings to Fixed Charges | 3.26 | 1.24 | 3.36 |