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- 10-Q Quarterly report
- 4 Exhibit 4A
- 4 Exhibit 4B
- 4 Exhibit 4C
- 10 Exhibit 10A
- 10 Exhibit 10B
- 10 Exhibit 10C
- 12 Exhibit 12A
- 12 Exhibit 12B
- 99 Exhibit 99A
- 99 Exhibit 99B
- 99 Exhibit 99C
- 99 Exhibit 99D
- PDF File 10-Q 06/30/02 PDF
- 12 Exhibit 12A
- 12 Exhibit 12B
- 99 Exhibit 99A.PDF
- 99 Exhibit 99B.PDF
- 99 Exhibit 99C.PDF
- 99 Exhibit 99D.PDF
EXHIBIT 12(b) |
FLORIDA POWER & LIGHT COMPANY |
Six Months Ended | ||||
(millions) | ||||
RATIO OF EARNINGS TO FIXED CHARGES | ||||
Earnings, as defined: | ||||
Net income | $ | 330 | ||
Income taxes | 187 | |||
Fixed charges, as below | 90 | |||
Total earnings, as defined | $ | 607 | ||
Fixed charges, as defined: | ||||
Interest charges | $ | 85 | ||
Rental interest factor | 4 | |||
Fixed charges included in nuclear fuel cost | 1 | |||
Total fixed charges, as defined | $ | 90 | ||
Ratio of earnings to fixed charges | 6.74 | |||
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS | |||
Earnings, as defined: | |||
Net income | $ | 330 | |
Income taxes | 187 | ||
Fixed charges, as below | 90 | ||
Total earnings, as defined | $ | 607 | |
Fixed charges, as defined: | |||
Interest charges | $ | 85 | |
Rental interest factor | 4 | ||
Fixed charges included in nuclear fuel cost | 1 | ||
Total fixed charges, as defined | 90 | ||
Non-tax deductible preferred stock dividends | 7 | ||
Ratio of income before income taxes to net income | 1.57 | ||
Preferred stock dividends before income taxes | 11 | ||
Combined fixed charges and preferred stock dividends | $ | 101 | |
Ratio of earnings to combined fixed charges and preferred stock dividends | 6.01 | ||