EX-12 2 fe-03312013xex12.htm EXHIBIT 12 FE-03.31.2013-EX12
EXHIBIT 12

FIRSTENERGY CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

 
 
Three Months Ended March 31
 
 
 
2013
 
2012
 
 
 
(Dollars in millions)
 
EARNINGS AS DEFINED IN REGULATION S-K:
 
 
 
 
 
Income before extraordinary items
 
$
196

 
$
306

 
Interest and other charges, before reduction for amounts capitalized and deferred
 
256

 
246

 
Provision for income taxes
 
116

 
222

 
Interest element of rentals charged to income (1)
 
25

 
36

 
Earnings as defined
 
$
593

 
$
810

 
 
 
 
 
 
 
FIXED CHARGES AS DEFINED IN REGULATION S-K:
 
 
 
 
 
Interest before reduction for amounts capitalized and deferred
 
$
256

 
$
246

 
Interest element of rentals charged to income (1)
 
25

 
36

 
Fixed charges as defined
 
$
281

 
$
282

 
 
 
 
 
 
 
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
 
2.11

 
2.87

 

(1) 
Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined.


95