Exhibit 12.2
| CILCORP INC. Computation of Ratio of Earnings to Fixed Charges (Thousands of Dollars, Except Ratios) | |||
Three Months Ended March 31, 2006 | |||
| Net income from continuing operations | $ | 7,898 | |
| Add- Taxes based on income | 2,963 | ||
| Net income before income taxes | 10,861 | ||
| Add- fixed charges: | |||
| Interest on long term debt | 12,591 | ||
| Estimated interest cost within rental expense | 64 | ||
Amortization of net debt premium, discount, and expenses | 133 | ||
| Subsidiary preferred stock dividends | 491 | ||
Adjust preferred stock dividends to pre-tax basis | 249 | ||
| Total fixed charges | 13,528 | ||
Less: Adjustment of preferred stock dividends to pre-tax basis | 249 | ||
| Earnings available for fixed charges | 24,140 | ||
| Ratio of earnings to fixed charges | 1.78 | ||