EX-12.4 5 ex12_4.htm EXHIBIT 12.4 GENCO COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.4 Genco Computation of Ratio of Earnings to Fixed Charges
Exhibit 12.4
 
Ameren Energy Generating Company
Computation of Ratio of Earnings to Fixed Charges
(Thousands of Dollars, Except Ratios)
         
 
Nine Months
  
Year
  
 
Ended
  
Ended
  
 
September 30,
  
December 31,
  
 
2006
  
2005
  
Net income from continuing operations
$
27,068
  
$
96,732
  
Less- Change in accounting principle
  
-
   
(15,600
)
Add- Taxes based on income
  
6,686
   
72,433
 
             
Net income before income taxes and change in accounting principle
  
33,754
   
184,765
 
             
Add- fixed charges:
           
Interest on long term debt
  
44,720
   
71,720
 
Estimated interest cost within rental expense
  
82
   
-
 
Amortization of net debt premium, discount,
and expenses
  
440
   
1,345
 
             
Total fixed charges
  
45,242
   
73,065
 
             
Earnings available for fixed charges
  
78,996
   
257,830
 
             
Ratio of earnings to fixed charges
  
1.74
   
3.52