EX-12 5 fe-09302013xex12.htm EXHIBIT 12 FE-09.30.2013-EX12
EXHIBIT 12

FIRSTENERGY CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES

 
 
Nine Months Ended September 30
 
 
 
2013
 
2012
 
 
 
(Dollars in millions)
 
EARNINGS AS DEFINED IN REGULATION S-K:
 
 
 
 
 
Net income from continuing operations
 
$
233

 
$
908

 
Interest and other charges, before reduction for amounts capitalized and deferred
 
771

 
750

 
Provision for income taxes
 
129

 
650

 
Interest element of rentals charged to income (1)
 
72

 
105

 
Earnings as defined
 
$
1,205

 
$
2,413

 
 
 
 
 
 
 
FIXED CHARGES AS DEFINED IN REGULATION S-K:
 
 
 
 
 
Interest before reduction for amounts capitalized and deferred
 
$
771

 
$
750

 
Interest element of rentals charged to income (1)
 
72

 
105

 
Fixed charges as defined
 
$
843

 
$
855

 
 
 
 
 
 
 
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
 
1.43

 
2.82

 

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


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