Exhibit 12(a)

FPL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
PREFERRED STOCK DIVIDENDS^(a)

		Years Ended December 31,
		2004			2003		2002		2001		2000
		(millions of dollars)
Earnings, as defined:
Income before cumulative effect of changes
in accounting principles		$	887		$	893	$	695	$	781	$	704
Preferred stock dividends of a consolidated subsidiary			-	(b)		13		15		15		15
Income taxes			267			368		244		379		336
Fixed charges included in the determination of
net income, as below			505			397		328		337		296
Amortization of capitalized interest			8			4		2		1		-
Distributed income of equity method investees			83			68		96		62		80
Less:  Equity in earnings of equity method investees			94			89		76		81		45
Total earnings, as defined		$	1,656		$	1,654	$	1,304	$	1,494	$	1,386
Fixed charges, as defined:
Interest charges		$	489		$	379	$	311	$	324	$	278
Rental interest factor			16			17		14		8		9
Fixed charges included in nuclear fuel cost			-			1		3		5		9
Fixed charges included in the determination of net
income			505			397		328		337		296
Capitalized interest			54			88		91		55		23
Dividend requirements on preferred stock of a
consolidated subsidiary before income taxes			-	(b)		20		23		23		23
Total fixed charges, as defined		$	559		$	505	$	442	$	415	$	342
Ratio of earnings to fixed charges and ratio of earnings to
combined fixed charges and preferred stock dividends (a)			2.96			3.28		2.95		3.60		4.05
_____________________
(a)	FPL Group, Inc. has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends.
(b)	A portion of Florida Power & Light Company's preferred stock is owned by FPL Group, Inc. and is eliminated in consolidation.  Accordingly, those dividends are not included herein.