Ex12e Idaho Power Company Consolidated Financial Information Supplemental Ratio of Earnings to Fixed Charges Twelve Months Twelve Months Ended December 31, Ended (Thousands of Dollars) March 31, 1995 1996 1997 1998 1999 2000 Earnings, as defined: Income before income taxes $ 135,333 $ 142,710 $ 138,746 $ 140,984 $ 143,078 $ 150,462 Adjust for distributed income of equity investees (2,058) (1,413) (3,943) (4,697) (837) (4,734) Equity in loss of equity method investments 0 0 0 476 0 0 Minority interest in losses of majority owned subsidiaries 0 0 0 (125) 0 0 Supplemental fixed charges, as below 59,992 60,939 64,317 63,967 65,526 64,622 Total earnings, as defined $ 193,267 $ 202,236 $ 199,120 $ 200,605 $ 207,767 $ 210,350 Fixed charges, as defined: Interest charges $ 56,456 $ 57,348 $ 60,761 $ 60,593 $ 62,014 $ 61,102 Rental interest factor 925 991 982 801 955 968 Total fixed charges 57,381 58,339 61,743 61,394 62,969 62,070 Supplemental increment to fixed charges* 2,611 2,600 2,574 2,573 2,557 2,552 Total supplemental fixed charges $ 59,992 $ 60,939 $ 64,317 $ 63,967 $ 65,526 $ 64,622 Supplemental ratio of earnings to fixed charges 3.22x 3.32 x 3.10x 3.14x 3.17x 3.26x *Explanation of increment - Interest on the guaranty of American Falls Reservoir District bonds and Milner Dam, Inc. notes which are already included in operation expenses.