EX-12.2 8 ex12-2.htm KCP&L COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES ex12-2.htm
                       
Exhibit 12.2
                           
KANSAS CITY POWER & LIGHT COMPANY
                           
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
                           
   
Year to Date
                    
 
June 30
                    
 
2009
2008
2007
2006
2005
2004
   
(millions)
Income from continuing operations
$
43.3
  
$
 125.2  
$
 156.7  
$
 149.3  
$
 151.5  
$
 139.9  
                                       
Add
                                    
Taxes on income
   13.4     59.8     59.3     70.3     48.0     53.8  
Kansas City earnings tax
   (0.1 )   0.5     0.5     0.5     0.5     0.5  
Total taxes on income
   13.3     60.3     59.8     70.8     48.5     54.3  
                                       
Interest on value of leased property
   3.0     3.3     3.9     4.1     6.2     6.2  
Interest on long-term debt
   51.3     79.3     54.5     55.4     56.7     61.2  
Interest on short-term debt
   4.1     15.2     20.3     8.0     3.1     0.5  
Other interest expense and amortization (a)
   0.9     1.4     6.8     3.2     3.6     14.0  
                                       
Total fixed charges
   59.3     99.2     85.5     70.7     69.6     81.9  
                                       
Earnings before taxes on
                                    
income and fixed charges
$
 115.9  
$
 284.7  
$
 302.0  
$
 290.8  
$
 269.6  
$
 276.1  
                                       
Ratio of earnings to fixed charges
   1.95     2.87     3.53     4.11     3.87     3.37  
                                       
(a)
On January 1, 2007, Great Plains Energy adopted FIN No. 48, "Accounting for Uncertainty in Income Taxes," and
 
along with the adoption elected to make an accounting policy change to recognize interest related to uncertain tax
 
positions in interest expense.