EX-12.2 7 dex122.htm STATEMENT OF COMPUTATION OF CON EDISON OF NEW YORK'S RATIO OF EARNINGS Statement of computation of Con Edison of New York's ratio of earnings

Con Edison Company of New York, Inc.

 

Exhibit 12.2

 

Ratio of Earnings to Fixed Charges

(Millions of Dollars)

 

   

For the

Nine Months Ended
September 30, 2006

  

For the

Twelve Months Ended
December 31, 2005

  

For the

Nine Months Ended
September 30, 2005

Earnings

                  

Net Income for Common

   $ 517   $ 694   $ 573

Preferred Stock Dividend

     8     11     8

Income Tax

     273     330     302

Pre-Tax Income from Continuing Operations

   $ 798   $ 1,035   $ 883

Add: Fixed Charges*

     352     387     291

Subtract: Pre-Tax Preferred Stock Dividend Requirement

     —     —     —

Earnings

   $ 1,150   $ 1,422   $ 1,174

* Fixed Charges

                  

Interest on Long-term Debt

   $ 273   $ 333   $ 248

Amortization of Debt Discount, Premium and Expense

     12     17     12

Other Interest

     56     21     15

Interest Component of Rentals

     11     16     16

Pre-Tax Preferred Stock Dividend Requirement

     —     —     —

Fixed Charges

   $ 352   $ 387   $ 291

Ratio of Earnings to Fixed Charges

     3.3     3.7     4.0