CONSOLIDATED EDISON, INC.
RATIO OF EARNINGS TO FIXED CHARGES
TWELVE MONTHS ENDED
(Thousands of Dollars)
MARCH MARCH
2000 1999
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EARNINGS
Net Income for Common Stock $ 712,102 $ 717,473
Preferred Dividends 13,593 15,869
Federal Income Tax 373,495 414,425
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Total Earnings Before Federal Income Tax 1,099,190 1,147,767
FIXED CHARGES* 371,861 345,739
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Total Earnings Before Federal Income Tax
and Fixed Charges $1,471,051 $1,493,506
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* Fixed Charges
Interest on Long-Term Debt $ 312,635 $ 291,664
Amortization of Debt Discount, Premium and Expense 13,246 13,791
Interest Component of Rentals 17,770 18,297
Other Interest 28,210 21,987
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Total Fixed Charges $ 371,861 $ 345,739
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Ratio of Earnings to Fixed Charges 3.96 4.32