EX-12 2 becoexhibit12.txt EXHIBIT 12 Exhibit 12.1
Boston Edison Company Computation of Ratio of Earnings to Fixed Charges Year ended December 31, 2000 (in thousands) Net income from continuing operations $ 146,028 Income taxes 95,852 Fixed charges (including securitization certificates) 129,311 Total $ 371,191 ======= Interest expense $ 114,211 Interest component of rentals 15,100 Total $129,311 ======= Ratio of earnings to fixed charges 2.87 ===
Exhibit 12.2 Boston Edison Company Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividend Requirements Year ended December 31, 2000 (in thousands) Net income from continuing operations $ 146,028 Income taxes 95,852 Fixed charges (including securitization 129,311 certificates) Total $ 371,191 ======= Interest expense $ 114,211 Interest component of rentals 15,100 Subtotal $ 129,31 1 Preferred stock dividend requirements 9,872 Total $139,183 ======= Ratio of earnings to fixed charges and preferred 2.67 stock dividends requirements ===