EX-12.1 4 a2048590zex-12_1.txt EXHIBIT 12.1 Exhibit 12.1 CONSOLIDATED EDISON, INC. RATIO OF EARNINGS TO FIXED CHARGES TWELVE MONTHS ENDED (Thousands of Dollars)
MARCH DECEMBER 2001 2000 ---------- ---------- EARNINGS Net Income for Common Stock $ 573,815 $ 582,835 Preferred Dividends 13,593 13,593 Income Tax 315,899 307,168 ---------- ---------- Total Earnings Before Federal Income Tax 903,307 903,596 FIXED CHARGES* 445,542 431,217 ---------- ---------- Total Earnings Before Federal Income Tax and Fixed Charges $1,348,849 $1,334,813 ========== ========== * Fixed Charges Interest on Long-Term Debt $ 367,415 $ 351,410 Amortization of Debt Discount, Premium and Expense 12,474 12,584 Interest on Component of Rentals 17,609 17,697 Other Interest 48,044 49,526 ---------- ---------- Total Fixed Charges $ 445,542 $ 431,217 ========== ========== Ratio of Earnings to Fixed Charges 3.03 3.10