- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Bad
|
Exhibit 12(b) | |||||
FLORIDA POWER & LIGHT COMPANY AND SUBSIDIARIES | |||||
Three Months Ended | |||||
(millions of dollars) | |||||
Earnings, as defined: | |||||
Net income | $ | 108 | |||
Income taxes | 56 | ||||
Fixed charges, as below | 90 | ||||
Total earnings, as defined | $ | 254 | |||
Fixed charges, as defined: | |||||
Interest charges | $ | 86 | |||
Rental interest factor | 1 | ||||
Allowance for borrowed funds used during construction | 3 | ||||
Total fixed charges, as defined | $ | 90 | |||
Ratio of earnings to fixed charges and ratio of earnings to | 2.82 | ||||
combined fixed charges and preferred stock dividends(a) | |||||
_____________________ | |||||
(a) | Florida Power & Light Company has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends. |