DTE Energy (DTE) 10-Q 2006 Q2 Quarterly report

EXHIBIT 12-38

DTE ENERGY COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND
RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

	Six Months Ended
	June 30			Twelve Months Ended December 31
	2006			2005		2004		2003		2002		2001
(Millions of Dollars)
Earnings:
Pretax earnings (loss)	$	(26	)	$	497	$	423	$	287	$	485	$	202
Adjustments		(3	)		5		2		26		24		31
Fixed charges		283			547		544		569		557		476
Net earnings	$	254		$	1,049	$	969	$	882	$	1,066	$	709
Fixed charges:
Interest expense	$	267		$	519	$	516	$	545	$	553	$	468
Adjustments		16			28		28		24		4		8
Fixed charges	$	283		$	547	$	544	$	569	$	557	$	476
Ratios of earnings to fixed charges and ratios of earnings to combined fixed charges and preferred stock dividends (2)		0.90	(1)		1.92		1.78		1.55		1.91		1.49

(1)	The earnings for the six month period ended June 30, 2006 were not adequate to cover fixed charges. The amount of the deficiency was approximately $29 million.
(2)	DTE Energy had no preferred stock outstanding during the periods indicated; therefore, the ratios of earnings to combined fixed charges and preferred stock dividends is the same as the ratios of earnings to fixed charges for each period.