Exhibit 12 KANSAS GAS AND ELECTRIC COMPANY Computations of Ratio of Earnings to Fixed Charges (Dollares in Thousands) 1994 1993 Net Income. . . . . . . . . . . . . $104,526 $108,103 Taxes on Income . . . . . . . . . . 55,349 46,896 Net Income Plus Taxes. . . . . 159,875 154,999 Fixed Charges: Interest on Long-Term Debt. . . . 47,827 53,908 Interest on Other Indebtedness. . 5,183 6,075 Interest on Corporate-owned Life Insurance Borrowings . . . 20,990 11,865 Interest Applicable to Rentals. . 25,096 24,967 Total Fixed Charges . . . . . 99,096 96,815 Earnings (1). . . . . . . . . . . . $258,971 $251,814 Ratio of Earnings to Fixed Charges. 2.61 2.60 1992 Pro Forma April 1 | January 1 1992 (2) to Dec. 31 | to March 31 1991 1990 (Successor) |(Predecessor) Net Income. . . . . . . . . . . . . $ 77,981 $ 71,941 | $ 6,040 $ 53,602 $ 64,184 Taxes on Income . . . . . . . . . . 20,378 23,551 | (3,173) 15,955 17,916 Net Income Plus Taxes. . . . . 98,359 95,492 | 2,867 69,557 82,100 | Fixed Charges: | Interest on Long-Term Debt. . . . 57,862 42,889 | 14,973 59,668 59,263 Interest on Other Indebtedness. . 15,121 11,777 | 3,344 17,838 17,432 Interest on Corporate-owned | Life Insurance Borrowings . . . 7,155 5,294 | 1,861 7,304 7,134 Interest Applicable to Rentals. . 30,212 22,133 | 8,079 32,193 32,119 Total Fixed Charges . . . . . 110,350 82,093 | 28,257 117,003 115,948 | Earnings (1). . . . . . . . . . . . $208,709 $177,585 | $ 31,124 $186,560 $198,048 | Ratio of Earnings to Fixed Charges. 1.89 2.16 | 1.10 1.59 1.71 (1) Earnings are deemed to consist of net income to which has been added income taxes (including net deferred investment tax credit) and fixed charges. Fixed charges consist of all interest on indebtedness, amortization of debt discount and expense, and the portion of rental expense which represents an interest factor. (2) The pro forma information for the year ended December 31, 1992 was derived by combining the historical information of the three month period ended March 31, 1992 (Predecessor) and the nine month period ended December 31, 1992 (Successor). No purchase accounting adjustments were made for periods prior to the Merger in determining pro forma amounts because such adjustments would be immaterial. (See Note 1 of Notes to Financial Statements)