EXHIBIT (12)(a) ONEOK, Inc. Computation of Earnings to Fixed Charges Three Months Ended March 31, (Unaudited) 2001 2000 - ---------------------------------------------------------------------------- (Thousands of Dollars) Fixed Charges, as defined Interest on long-term debt $ 24,821 $ 16,220 Other interest 12,547 5,151 Amortization of debt discount and expense 167 614 Interest on lease agreements 1,408 620 - ---------------------------------------------------------------------------- Total Fixed Charges 38,943 22,605 - ---------------------------------------------------------------------------- Earnings before income taxes and income from equity investees 103,403 98,117 - ---------------------------------------------------------------------------- Earnings available for fixed charges $ 142,346 $ 120,722 ============================================================================ Ratio of earnings to fixed charges 3.66 x 5.34 x ============================================================================ For purposes of computing the ratio of earnings to fixed charges, "earnings" consists of income before cumulative effect of a change in accounting principle plus fixed charges and income taxes, less undistributed income from equity investees. "Fixed charges" consists of interest charges, the amortization of debt discounts and issue costs and the representative interest portion of operating leases.