EXHIBIT 12(b) FLORIDA POWER & LIGHT COMPANY COMPUTATION OF RATIO 											 Three Months Ended 											 March 31, 2000 											 ------------------ 												(millions) RATIO OF EARNINGS TO FIXED CHARGES Earnings, as defined: Net income .............................................................................. $110 Income taxes ............................................................................ 58 Fixed charges, as below ................................................................. 43 Total earnings, as defined ............................................................ $211 Fixed charges, as defined: Interest charges ........................................................................ $ 40 Rental interest factor .................................................................. 1 Fixed charges included in nuclear fuel cost ............................................. 2 Total fixed charges, as defined ....................................................... $ 43 Ratio of earnings to fixed charges ........................................................ 4.91 RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS Earnings, as defined: Net income .............................................................................. $110 Income taxes ............................................................................ 58 Fixed charges, as below ................................................................. 43 Total earnings, as defined ............................................................ $211 Fixed charges, as defined: Interest charges ........................................................................ $ 40 Rental interest factor .................................................................. 1 Fixed charges included in nuclear fuel cost ............................................. 2 Total fixed charges, as defined ....................................................... 43 Non-tax deductible preferred stock dividends .............................................. 4 Ratio of income before income taxes to net income ......................................... 1.53 Preferred stock dividends before income taxes ............................................. 6 Combined fixed charges and preferred stock dividends ...................................... $ 49 Ratio of earnings to combined fixed charges and preferred stock dividends ................. 4.31