EX-12.45 2 a20121231ex_1245.htm RATIO OF EARNINGS TO FIXED CHARGES 2012.12.31 Ex_12.45


Exhibit 12-45
THE DTE ELECTRIC COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
Twelve Months Ended December 31
(Millions of Dollars)
2012
 
2011
 
2010
 
2009
 
2008
Earnings:
 
 
 
 
 
 
 
 
 
Pretax earnings
761

 
702

 
707

 
604

 
517

Fixed Charges
286

 
310

 
328

 
348

 
324

Net earnings
1,047

 
1,012

 
1,035

 
952

 
841

 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
   Interest expense
269

 
287

 
310

 
325

 
293

Adjustments
17

 
23

 
18

 
23

 
31

Fixed Charges
286

 
310

 
328

 
348

 
324

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.66

 
3.26

 
3.16

 
2.74

 
2.60