EX-12.4 7 ex12_4.htm GENCO STATEMENT OF COMPUTATION Genco Statement of Computation
                                                                                Exhibit 12.4
AMERENENERGY GENERATING COMPANY
  
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
  
 (Thousands of Dollars, Except Ratios)
  
                       
                       
                   
Period
  
                   
May 1, 2000
  
                   
through
  
   
 Year Ended December 31,
  
December 31,
  
   
2004
  
2003
  
2002
  
2001
  
2000
  
                       
Net income
  
$
107,292
  
$
75,185
  
$
31,837
  
$
75,924
  
$
43,808
  
Add (Less) – Cumulative effect of change in
                                
accounting principle, net of tax
    
-
   
(18,416
)
  
-
   
1,993
    
-
 
Net income from continuing operations
    
107,292
    
56,769
    
31,837
    
77,917
    
43,808
 
                                 
Taxes based on income
    
64,245
    
38,538
    
20,340
    
47,296
    
27,213
 
                                 
Net income before income taxes
  
$
171,537
  
$
95,307
  
$
52,177
  
$
125,213
  
$
71,021
  
                                 
Add – fixed charges:
                                
Interest on long term debt
    
55,333
    
55,394
    
45,840
    
34,138
    
5,690
 
Other interest
    
37,785
    
45,461
    
39,937
    
41,189
    
29,875
 
Amortization of debt discount expense
    
1,497
   
1,495
   
1,377
   
1,059
    
119
 
                                 
Total fixed charges
  
$
94,615
  
$
102,350
  
$
87,154
  
$
76,386
  
$
35,684
  
                                 
Earnings available for fixed charges
  
$
266,152
  
$
197,657
  
$
139,331
  
$
201,599
  
$
106,705
  
                                 
Ratio of earnings to fixed charges
    
2.81
    
1.93
    
1.59
    
2.63
    
2.99