Ex12e Idaho Power Company Consolidated Financial Information Supplemental Ratio of Earnings to Fixed Charges Twelve Months Twelve Months Ended December 31, Ended (Thousands of Dollars) September 30, 1994 1995 1996 1997 1998 1999 Earnings, as defined: Income before income taxes $ 109,173 $ 135,333 $ 142,710 $ 138,746 $ 140,984 $ 145,745 Adjust for distributed income of equity investees 326 (2,058) (1,413) (3,943) (4,697) (3,431) Equity in loss of equity method investments 0 0 0 0 476 0 Minority interest in losses of majority owned subsidiaries 0 0 0 0 (125) 0 Supplemental fixed charges, as below 57,849 59,992 60,939 64,317 63,967 64,739 Total earnings, as defined $ 167,348 $ 193,267 $ 202,236 $ 199,120 $ 200,605 $ 207,053 Fixed charges, as defined: Interest charges $ 54,433 $ 56,456 $ 57,348 $ 60,761 $ 60,593 $ 61,221 Rental interest factor 794 925 991 982 801 957 Total fixed charges 55,227 57,381 58,339 61,743 61,394 62,178 Supplemental increment to fixed charges* 2,622 2,611 2,600 2,574 2,573 2,561 Total supplemental fixed charges $ 57,849 $ 59,992 $ 60,939 $ 64,317 $ 63,967 $ 64,739 Supplemental ratio of earnings to fixed charges 2.89x 3.22x 3.32 x 3.10x 3.14x 3.20x *Explanation of increment - Interest on the guaranty of American Falls Reservoir District bonds and Milner Dam, Inc. notes which are already included in operation expenses.