Exhibit 12 WESTERN RESOURCES, INC. Computations of Ratio of Earnings to Fixed Charges and Computations of Ratio of Earnings to Combined Fixed Charges and Preferred and Preference Dividend Requirements (Thousands of Dollars) Year Ended December 31, 1993 1992 1991 1990 1989 Net Income. . . . . . . . . . . . . . $177,370 $127,884 $ 89,645 $ 79,619 $ 72,778 Taxes on Income . . . . . . . . . . . 78,755 46,099 42,527 36,736 35,171 Net Income Plus Taxes. . . . . . 256,125 173,983 132,172 116,355 107,949 Fixed Charges: Interest on Long-Term Debt. . . . . 123,551 117,464 51,267 51,542 46,378 Interest on Other Indebtedness. . . 19,255 20,009 10,490 11,022 8,742 Interest on Corporate-owned Life Insurance Borrowings . . . . 16,252 5,294 - - - Interest Applicable to Rentals . . . . . . . . . . . . . 28,827 27,429 5,089 4,426 4,673 Total Fixed Charges . . . . . . 187,885 170,196 66,846 66,990 59,793 Preferred and Preference Dividend Requirements: Preferred and Preference Dividends. 13,506 12,751 6,377 1,744 1,857 Income Tax Required . . . . . . . . 5,997 4,596 3,025 805 897 Total Preferred and Preference Dividend Requirements . . . . . . 19,503 17,347 9,402 2,549 2,754 Total Fixed Charges and Preferred and Preference Dividend Requirements. . 207,388 187,543 76,248 69,539 62,547 Earnings (1). . . . . . . . . . . . . $444,010 $344,179 $199,018 $183,345 $167,742 Ratio of Earnings to Fixed Charges. . 2.36 2.02 2.98 2.74 2.81 Ratio of Earnings to Combined Fixed Charges and Preferred and Preference Dividend Requirements . . . . . . . 2.14 1.84 2.61 2.64 2.68 (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. Preferred and preference dividend requirements consist of an amount equal to the pre-tax earnings which would be required to meet dividend requirements on preferred and preference stock.