EX-12 6 exh12a.txt EXHIBIT 12A EXHIBIT 12(a) FPL GROUP, INC. AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended June 30, 2001 (millions) Earnings, as defined: Net income .............................................................................. $ 329 Income taxes ............................................................................ 165 Fixed charges included in the determination of net income, as below ..................... 175 Distributed income of independent power investments...................................... 16 Less: Equity in earnings of independent power investments ............................... 52 Total earnings, as defined ............................................................ $ 633 Fixed charges, as defined: Interest charges ........................................................................ $ 167 Rental interest factor .................................................................. 5 Fixed charges included in nuclear fuel cost ............................................. 3 Fixed charges included in the determination of net income ............................... 175 Capitalized interest .................................................................... 16 Total fixed charges, as defined ....................................................... $ 191 Ratio of earnings to fixed charges ........................................................ 3.31