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Exhibit 12.1
CONSOLIDATED EDISON, INC.
RATIO OF EARNINGS TO FIXED CHARGES
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TWELVE MONTHS ENDED
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(Thousands of Dollars)
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JUNE DECEMBER
2001 2000
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EARNINGS
Net Income for Common Stock $ 605,744 $ 582,835
Preferred Dividends 13,593 13,593
Income Tax 368,618 307,168
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Total Earnings Before Federal Income Tax 987,955 903,596
FIXED CHARGES* 455,927 431,217
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Total Earnings Before Federal Income Tax
and Fixed Charges $1,443,882 $1,334,813
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* Fixed Charges
Interest on Long-Term Debt $ 378,262 $ 351,410
Amortization of Debt Discount, Premium and Expense 12,324 12,584
Interest on Component of Rentals 20,319 17,697
Other Interest 45,022 49,526
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Total Fixed Charges $ 455,927 $ 431,217
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Ratio of Earnings to Fixed Charges 3.17 3.10
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