Exhibit 12.2
CENTRAL ILLINOIS PUBLIC SERVICE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
AND PREFERRED STOCK DIVIDEND REQUIREMENTS
(Millions of Dollars, Except Ratios)
Year Ended December 31,
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1998 1999 2000 2001 2002
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Thousands of Dollars Except Ratios
Net Income $80 $54 $79 $46 $26
Add- Extraordinary items net of tax - - - - -
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Net income from continuing operations 80 54 79 46 26
Taxes based on income 45 31 44 27 17
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Net income before income taxes 125 85 123 73 43
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Add- fixed charges:
Interest on long term debt 37 38 29 34 39
Other interest 2 4 8 4 1
Amortization of net debt premium, discount,
expenses and losses 1 1 3 1 1
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Total fixed charges 40 43 40 39 41
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Earnings available for fixed charges 165 128 163 112 84
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Ratio of earnings to fixed charges 4.13 2.98 4.05 2.87 2.06
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Earnings required for preferred dividends:
Preferred stock dividends 4 4 4 4 3
Adjustment to pre-tax basis 2 2 2 2 2
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6 6 6 6 5
Fixed charges plus preferred stock dividend
requirements 46 49 46 45 46
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Ratio of earnings to fixed charges plus
preferred stock dividend requirements 3.60 2.61 3.52 2.49 1.83
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