EXHIBIT 12(a) FPL GROUP, INC. AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Nine Months Ended September 30, 2000 (millions) Earnings, as defined: Net income .............................................................................. $ 639 Income taxes ............................................................................ 323 Fixed charges included in the determination of net income, as below ..................... 212 Distributed income of independent power investments...................................... 52 Less: Equity in earnings of independent power investments ............................... 49 Total earnings, as defined ............................................................ $1,177 Fixed charges, as defined: Interest charges ........................................................................ $ 201 Rental interest factor .................................................................. 4 Fixed charges included in nuclear fuel cost ............................................. 7 Fixed charges included in the determination of net income ............................... 212 Capitalized interest .................................................................... 5 Total fixed charges, as defined ....................................................... $ 217 Ratio of earnings to fixed charges ........................................................ 5.42