EXHIBIT 12(a)

FPL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Years Ended December 31,
	2002		2001		2000		1999		1998
	(millions of dollars)
Earnings, as defined:
Income before cumulative effect of a change
in accounting principle	$	695	$	781	$	704	$	697	$	664
Income taxes		244		379		336		323		279
Fixed charges included in the determination of         net income, as below		328		337		296		234		335
Amortization of capitalized interest		2		1		-		-		-
Distributed income of independent power investments		96		62		80		75		68
Less:  Equity in earnings of independent power         investments		76		81		45		50		39
Total earnings, as defined	$	1,289	$	1,479	$	1,371	$	1,279	$	1,307
Fixed charges, as defined:
Interest charges	$	311	$	324	$	278	$	222	$	322
Rental interest factor		14		8		9		4		4
Fixed charges included in nuclear fuel cost		3		5		9		8		9
Fixed charges included in the determination of net         income		328		337		296		234		335
Capitalized interest		91		55		23		9		2
Total fixed charges, as defined	$	419	$	392	$	319	$	243	$	337
Ratio of earnings to fixed charges		3.08		3.77		4.30		5.26		3.88