EX-12.2 6 ex12-2.htm KCP&L COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Unassociated Document
                   
Exhibit 12.2
                       
KANSAS CITY POWER & LIGHT COMPANY
                       
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
                       
                       
                       
   
2011
2010
2009
2008
2007
   
(millions)
Income from continuing operations
$ 135.5   $ 163.2   $ 128.9   $ 125.2   $ 156.7  
                                 
Add
                             
Taxes on income
  69.1     81.6     46.9     59.8     59.3  
Kansas City earnings tax
  -     0.1     0.2     0.5     0.5  
 
Total taxes on income
  69.1     81.7     47.1     60.3     59.8  
                                 
Interest on value of leased property
  5.4     5.7     6.0     3.3     3.9  
Interest on long-term debt
  118.5     117.9     110.4     79.3     54.5  
Interest on short-term debt
  5.1     3.9     5.3     15.2     20.3  
Other interest expense and amortization (a)
  5.8     4.2     0.3     1.4     6.8  
                                 
 
Total fixed charges
  134.8     131.7     122.0     99.2     85.5  
                                 
Earnings before taxes on
                             
 
income and fixed charges
$ 339.4   $ 376.6   $ 298.0   $ 284.7   $ 302.0  
                                 
Ratio of earnings to fixed charges
  2.52     2.86     2.44     2.87     3.53  
                                 
(a)
On January 1, 2007, Kansas City Power & Light Company elected to make an accounting policy change to
 
recognize interest related to uncertain tax positions in interest expense.