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Exhibit 12.1
CONSOLIDATED EDISON, INC.
RATIO OF EARNINGS TO FIXED CHARGES
TWELVE MONTHS ENDED
(Thousands of Dollars)
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SEPTEMBER DECEMBER
2001 2000
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EARNINGS
Net Income for Common Stock $ 603,215 $ 582,835
Preferred Dividends 13,593 13,593
Income Tax 405,295 307,168
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Total Earnings Before Federal Income Tax 1,022,103 903,596
FIXED CHARGES* 454,820 431,217
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Total Earnings Before Federal Income Tax
and Fixed Charges $1,476,923 $1,334,813
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* Fixed Charges
Interest on Long-Term Debt $ 383,392 $ 351,410
Amortization of Debt Discount, Premium and Expense 12,382 12,584
Interest on Component of Rentals 18,814 17,697
Other Interest 40,232 49,526
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Total Fixed Charges $ 454,820 $ 431,217
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Ratio of Earnings to Fixed Charges 3.25 3.10
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