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CONSOLIDATED EDISON, INC.
Ratio of Earnings to Fixed Charges
Twelve Months Ended
(Thousands of Dollars)
| March 2002 | December 2001 | ||||||
---|---|---|---|---|---|---|---|---|
Earnings | ||||||||
Net Income for Common Stock | $ | 669,733 | $ | 682,242 | ||||
Preferred Dividends | 13,593 | 13,593 | ||||||
Income Tax | 426,481 | 442,631 | ||||||
Total Earnings Before Federal Income Tax | 1,109,807 | 1,138,466 | ||||||
Fixed Charges* | 452,635 | 457,554 | ||||||
Total Earnings Before Federal Income Tax and Fixed Charges | $ | 1,562,442 | $ | 1,596,020 | ||||
* Fixed Charges | ||||||||
Interest on Long-Term Debt | $ | 359,956 | $ | 384,422 | ||||
Amortization of Debt Discount, Premium and Expense | 12,634 | 12,526 | ||||||
Interest on Component of Rentals | 18,799 | 18,783 | ||||||
Other Interest | 61,246 | 41,823 | ||||||
Total Fixed Charges | $ | 452,635 | $ | 457,554 | ||||
Ratio of Earnings to Fixed Charges | 3.45 | 3.49 |
CONSOLIDATED EDISON, INC. Ratio of Earnings to Fixed Charges Twelve Months Ended (Thousands of Dollars)