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Content analysis
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Uncertain | ||
Constraining | ||
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Litigous | ||
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H.S. freshman Avg
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- 10-K Annual report
- 10.1.5.3 Exhibit 10.1.5.3
- 10.1.11 Exhibit 10.1.11
- 12.1 Exhibit 12.1
- 21.1 Exhibit 21.1
- 23.1 Exhibit 23.1
- 24.1 Exhibit 24.1
- 31.1.1 Exhibit 31.1.1
- 31.1.2 Exhibit 31.1.2
- 32.1.1 Exhibit 32.1.1
- 32.1.2 Exhibit 32.1.2
- 4.2.6 Exhibit 4.2.6
- 4.2.7 Exhibit 4.2.7
- 4.2.12 Exhibit 4.2.12
- 4.2.13 Exhibit 4.2.13
- 12.2 Exhibit 12.2
- 23.2 Exhibit 23.2
- 31.2.1 Exhibit 31.2.1
- 31.2.2 Exhibit 31.2.2
- 32.2.1 Exhibit 32.2.1
- 32.2.2 Exhibit 32.2.2
- 10.3 Exhibit 10.3
- 12.3 Exhibit 12.3
- 23.3 Exhibit 23.3
- 31.3.1 Exhibit 31.3.1
- 31.3.2 Exhibit 31.3.2
- 32.3.1 Exhibit 32.3.1
- 32.3.2 Exhibit 32.3.2
Exhibit 12.3
Orange and Rockland Utilities, Inc. and Subsidiaries
Ratio of Earnings to Fixed Charges
(Millions of Dollars)
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| For the Twelve Months Ended December 31, |
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| 2003 |
| 2002 |
| 2001 |
| 2000 |
| 1999 |
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Earnings |
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Net Income |
| $ | 45 |
| $ | 45 |
| $ | 40 |
| $ | 39 |
| $ | 15 |
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Federal Income & State Tax |
| 34 |
| 24 |
| 26 |
| 25 |
| 40 |
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Total Earnings Before Federal and State Income Tax |
| 79 |
| 69 |
| 66 |
| 64 |
| 55 |
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Fixed Charges* |
| 23 |
| 30 |
| 26 |
| 27 |
| 35 |
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Total Earnings Before Federal and State Income Tax and Fixed Charges |
| $ | 102 |
| $ | 99 |
| $ | 92 |
| $ | 91 |
| $ | 90 |
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* Fixed Charges |
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Interest on Long-Term Debt |
| 18 |
| 20 |
| 21 |
| 22 |
| 26 |
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Amortization of Debt Discount, Premium and Expense |
| 1 |
| 1 |
| 1 |
| 1 |
| 1 |
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Interest Component of Rentals |
| 2 |
| 2 |
| 1 |
| 1 |
| 3 |
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Other Interest |
| 2 |
| 7 |
| 3 |
| 3 |
| 5 |
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Total Fixed Charges |
| $ | 23 |
| $ | 30 |
| $ | 26 |
| $ | 27 |
| $ | 35 |
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Ratio of Earnings to Fixed Charges |
| 4.4 |
| 3.3 |
| 3.5 |
| 3.4 |
| 2.5 |
|