EX-12.41 3 exhibit12-41.htm RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12-41


 

Exhibit 12-41
THE DETROIT EDISON COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 
Six Months Ended
 
 
 
 
 
 
 
 
 
 
 
June 30
 
 
 
 
 
 
 
 
 
 
 
2011
 
2010
 
2009
 
2008
 
2007
 
2006
(Millions of Dollars)
 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
$
303

 
$
707

 
$
604

 
$
517

 
$
466

 
$
482

Fixed charges
152

 
328

 
348

 
324

 
319

 
299

Net earnings
$
455

 
$
1,035

 
$
952

 
$
841

 
$
785

 
$
781

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense
$
143

 
$
310

 
$
325

 
$
293

 
$
294

 
$
278

Adjustments
9

 
18

 
23

 
31

 
25

 
21

Fixed Charges
$
152

 
$
328

 
$
348

 
$
324

 
$
319

 
$
299

 
 
 
 
 
 
 
 
 
 
 
 
Ration of earnings to fixed charges
$
2.99

 
$
3.16

 
$
2.74

 
$
2.60

 
$
2.46

 
$
2.61