Exhibit 12C Page 1 of 2 METROPOLITAN EDISON COMPANY AND SUBSIDIARY COMPANIES STATEMENTS SHOWING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS BASED ON SEC REGULATION S-K, ITEM 503 (In Thousands) UNAUDITED Six Months Ended June 30, June 30, 1997 1996 OPERATING REVENUES $463,814 $444,746 OPERATING EXPENSES 343,400 342,477 Interest portion of rentals (A) 2,503 2,700 Net expense 340,897 339,777 OTHER INCOME AND DEDUCTIONS: Allowance for funds used during construction 712 535 Other income/(expense), net 2,104 174 Total other income and deductions 2,816 709 EARNINGS AVAILABLE FOR FIXED CHARGES AND PREFERRED STOCK DIVIDENDS (excluding taxes based on income) $125,733 $105,678 FIXED CHARGES: Interest on funded indebtedness $ 22,294 $ 22,937 Other interest (B) 8,128 6,531 Interest portion of rentals (A) 2,503 2,700 Total fixed charges $ 32,925 $ 32,168 RATIO OF EARNINGS TO FIXED CHARGES 3.82 3.29 Preferred stock dividend requirement $ 242 $ 472 Ratio of income before provision for income taxes to net income (C) 172.2% 180.0% Preferred stock dividend requirement on a pretax basis 417 850 Fixed charges, as above 32,925 32,168 Total fixed charges and preferred stock dividends $ 33,342 $ 33,018 RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS 3.77 3.20 Exhibit 12C Page 2 of 2 METROPOLITAN EDISON COMPANY AND SUBSIDIARY COMPANIES STATEMENTS SHOWING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS BASED ON SEC REGULATION S-K, ITEM 503 (In Thousands) UNAUDITED NOTES: (A) The Company has included the equivalent of the interest portion of all rentals charged to income as fixed charges for this statement and has excluded such components from Operating Expenses. (B) Includes dividends on company-obligated mandatorily redeemable preferred securities of $4,500 for the six month periods ended June 30, 1997 and 1996, respectively. (C) Represents income before provision for income taxes of $92,808 and $73,510 for the six month periods ended June 30, 1997 and 1996, respectively, divided by net income of $53,888 and $40,843, respectively for the same periods.