EX-12.B 6 exhibit12b.htm EXHIBIT 12(B) Exhibit 12(b)

CLECO POWER                                                                                                                    

 EXHIBIT 12(b)

Computation of Ratios of Earnings to Fixed Charges

   FOR THE THREE
   MONTHS ENDED

    FOR THE NINE
 MONTHS ENDED

   FOR THE TWELVE
  MONTHS ENDED

(THOUSANDS, EXCEPT RATIOS)

SEPTEMBER 30, 2005

Earnings from continuing operations

 $     27,183

  $     52,117

  $     65,624

Income taxes

         12,842

         28,299

         33,945

Earnings from continuing operations before income taxes

 $     40,025

  $     80,416

  $     99,569

Fixed charges:

 

 

     Interest, long-term debt

 $       5,929

  $     17,773

  $     24,508

     Interest, other (including interest on short-term debt)

           1,056

           2,538

           3,125

     Amortization of debt expense, premium, net

              289

           1,062

           1,509

     Portion of rentals representative of an interest factor

                81

              207

              303

Total fixed charges

 $       7,355

  $     21,580

  $     29,445

Earnings from continuing operations before income taxes

 $     40,025

  $     80,416

  $     99,569

     Plus:  total fixed charges from above

           7,355

         21,580

         29,445

Earnings from continuing operations before income taxes and fixed charges

 $     47,380

  $   101,996

  $   129,014

Ratio of earnings to fixed charges

             6.44

x

             4.73

x

             4.38

x