Exhibit 99(a)
KANSAS CITY POWER & LIGHT COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND
RATIOS OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDEND REQUIREMENTS
1996 1995 1994 1993 1992
(thousands)
Net income $108,171 $122,586 $104,775 $105,772 $86,334
Add:
Taxes on income 31,753 66,803 66,377 67,953 52,196
Kansas City earnings tax 558 958 524 495 382
Total taxes on income 32,311 67,761 66,901 68,448 52,578
Interest on value of
leased property 8,301 8,269 6,732 7,273 6,366
Interest on long-term debt 53,939 52,184 43,962 50,118 54,266
Interest on short-term debt 1,251 1,189 1,170 750 2,749
Other interest expense
and amortization 4,840 3,112 4,128 4,113 2,173
Total fixed charges 68,331 64,754 55,992 62,254 65,554
Earnings before taxes
on income and fixed
charges $208,813 $255,101 $227,668 $236,474 $204,466
Ratio of earnings to
fixed charges 3.06 3.94 4.07 3.80 3.12
Preferred dividends 3,790 4,011 3,457 3,153 3,062
Income taxes required 1,132 2,217 2,207 2,045 1,865
Earnings before income
taxes required for
preferred dividends 4,922 6,228 5,664 5,198 4,927
Fixed charges 68,331 64,754 55,992 62,254 65,554
Total combined fixed
charges and preferred
dividend requirements $73,253 $70,982 $61,656 $67,452 $70,481
Ratio of earnings to
combined fixed charges
and preferred dividend
requirements 2.85 3.59 3.69 3.51 2.90