CONSOLIDATED EDISON, INC.
RATIO OF EARNINGS TO FIXED CHARGES
TWELVE MONTHS ENDED
(Thousands of Dollars)
JUNE JUNE
2000 1999
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Earnings
Net Income for Common Stock $714,450 $721,895
Preferred Dividends 13,593 14,731
Federal Income Tax 356,571 427,797
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Total Earnings Before Federal Income Tax 1,084,614 1,164,423
Fixed Charges* 391,754 338,967
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Total Earnings Before Federal Income Tax
and Fixed Charges $1,476,368 $1,503,390
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* Fixed Charges
Interest on Long-Term Debt $325,730 $290,520
Amortization of Debt Discount, Premium and Expense 12,972 13,771
Interest on Component of Rentals 17,583 18,283
Other Interest 35,469 16,393
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Total Fixed Charges $391,754 $338,967
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Ratio of Earnings to Fixed Charges 3.77 4.44