Public Service Electric & Gas 10-Q2008 Q3 Quarterly report

Filed: 31 Oct 08, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: accessing, advantage, arm, Biomasse, Bridge, bringing, buildup, bulk, clearer, combustion, compressed, conceded, conference, convene, degree, deployment, depressed, dioxin, DR, dramatically, driver, DRWG, ease, easier, embedded, enrolling, eroded, exact, expended, expertise, filling, fired, forthcoming, hand, hybrid, Indonesia, interaction, intermittent, intervention, issuer, job, join, mandatory, metering, necessitate, necessity, NERC, night, outreach, path, prove, ratified, reconvene, reconvening, reinstated, ReliabilityFirst, renegotiate, renegotiation, repeal, resale, retrofit, rulemaking, satisfactorily, stay, stored, storing, stranded, strive, suit, temporarily, tightening, TRE, trend, trued, turmoil, underground, unprecedented, venture, wage, weakening

Removed: accrued, committed, consisting, constituent, contractually, demanded, devaluation, Dollar, entitled, entrainment, Exelon, frequently, heat, impingement, informed, margined, membership, monitored, overtime, partner, past, Peso, profile, profitability, requirement, resolve, RTO, sum, translation

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Public Service Electric & Gas similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12.2

PUBLIC SERVICE ELECTRIC AND GAS COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES


	For the Nine Months Ended				For the Years Ended
	September 30,				December 31,

	2008		2007		2007		2006		2005		2004		2003

	(Millions, except ratios)

Earnings as Defined in Regulation S-K (A):

Pre-tax Income from Continuing Operations	$	448	$	516	$	637	$	448	$	583	$	592	$	376
Fixed Charges		244		250		332		346		342		362		390

Earnings	$	692	$	766	$	969	$	794	$	925	$	954	$	766


Fixed Charges as Defined in Regulation S-K (B)

Interest Expense	$	244	$	250	$	332	$	346	$	342	$	362	$	390
Interest Factor in Rentals		—		—		—		—		—		—		—

Total Fixed Charges	$	244	$	250	$	332	$	346	$	342	$	362	$	390


Ratio of Earnings to Fixed Charges		2.84		3.06		2.92		2.29		2.70		2.64		1.96


(A)	The term “earnings” shall be defined as pretax income from continuing operations. Add to pretax 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.