- 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 | ||
Litigious | ||
Readability |
H.S. freshman Avg
|
- 10-K Annual report
- 10 EX-10.A1
- 10 EX-10.A2
- 10 EX-10.A3
- 10 EX-10.A7
- 10 EX-10.A8
- 10 EX-10.A11
- 10 EX-10.A14
- 10 EX-10.A20
- 12 EX-12
- 12 EX-12.A
- 12 EX-12.B
- 12 EX-12.C
- 21 EX-21
- 23 EX-23
- 23 EX-23.A
- 23 EX-23.B
- 31 EX-31
- 31 EX-31.A
- 31 EX-31.B
- 31 EX-31.C
- 31 EX-31.D
- 31 EX-31.E
- 32 EX-32
- 32 EX-32.A
- 32 EX-32.B
- 32 EX-32.C
- 32 EX-32.D
- 32 EX-32.E
EXHIBIT 12a
PSEG POWER LLC
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| For the Years Ended |
| |||||||||||||
|
| |||||||||||||||
|
| December 31, |
| |||||||||||||
|
| |||||||||||||||
|
| 2008 |
| 2007 |
| 2006 |
| 2005 |
| 2004 |
| |||||
|
| |||||||||||||||
|
| (Millions, except Ratios) |
| |||||||||||||
Earnings as Defined in Regulation S-K (A): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pre-tax Income from Continuing Operations |
| $ | 1,711 |
| $ | 1,590 |
| $ | 878 |
| $ | 752 |
| $ | 594 |
|
Fixed Charges |
|
| 197 |
|
| 193 |
|
| 190 |
|
| 197 |
|
| 198 |
|
Capitalized Interest |
|
| (31 | ) |
| (23 | ) |
| (30 | ) |
| (89 | ) |
| (107 | ) |
Preferred Stock Dividend Requirements |
|
| — |
|
| — |
|
| — |
|
| — |
|
| — |
|
|
| |||||||||||||||
| ||||||||||||||||
Total Earnings |
| $ | 1,877 |
| $ | 1,760 |
| $ | 1,038 |
| $ | 860 |
| $ | 685 |
|
|
| |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fixed Charges as Defined in Regulation S-K (B) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Expense |
| $ | 195 |
| $ | 192 |
| $ | 189 |
| $ | 195 |
| $ | 197 |
|
Preferred Securities Dividend Requirements of Subsidiaries |
|
| — |
|
| — |
|
| — |
|
| — |
|
| — |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest Factor in Rentals |
|
| 2 |
|
| 1 |
|
| 1 |
|
| 2 |
|
| 1 |
|
|
| |||||||||||||||
Total Fixed Charges |
| $ | 197 |
| $ | 193 |
| $ | 190 |
| $ | 197 |
| $ | 198 |
|
|
| |||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of Earnings to Fixed Charges |
|
| 9.53 |
|
| 9.12 |
|
| 5.46 |
|
| 4.37 |
|
| 3.46 |
|
|
|
|
|
(A) | The term “earnings” shall be defined as pre-tax Income from Continuing Operations. Add to pre-tax income the amount of fixed charges adjusted to exclude the amount of any interest capitalized during the period. |
|
|
(B) | Fixed Charges represent (a) interest, whether expensed or capitalized, (b) amortization of debt discount, premium and expense and (c) an estimate of interest implicit in rentals. |