Exhibit 12.2 KANSAS CITY POWER & LIGHT COMPANY COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 2002 2001 2000 1999 1998 (Thousands) Income before extraordinary item and cumulative effect of changes in accounting principle $ 98,699 $ 103,819 $ 128,631 $ 81,915 $ 120,722 Add: Equity investment losses - 501 19,441 24,951 11,683 Minority interests in subsidiaries - (5,038) - 1 (2,222) Income subtotal 98,699 99,282 148,072 106,867 130,183 Add: Taxes on income 62,867 30,288 53,166 3,180 32,800 Kansas City earnings tax 635 583 421 602 864 Total taxes on income 63,502 30,871 53,587 3,782 33,664 Interest on value of leased property 7,093 10,679 11,806 8,577 8,482 Interest on long-term debt 65,559 80,329 60,956 51,327 57,012 Interest on short-term debt 1,218 8,883 11,537 4,362 295 Mandatorily redeemable Preferred Securities 12,450 12,450 12,450 12,450 12,450 Other interest expense and amortization 3,772 5,188 2,927 3,573 4,457 Total fixed charges 90,092 117,529 99,676 80,289 82,696 Earnings before taxes on income and fixed charges 252,293 247,682 301,335 190,938 246,543 Ratio of earnings to fixed charges 2.80 2.11 3.02 2.38 2.98