Exhibit 12(f)
KENTUCKY UTILITIES COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
				Successor (a)										Predecessor (b)
				9 Months		Year		Year		Year		2 Months		10 Months		Year
				Ended		Ended		Ended		Ended		Ended		Ended		Ended
				Sep. 30,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Oct. 31,		Dec. 31,
				2014		2013		2012		2011		2010		2010		2009
Earnings, as defined:
	Income Before Income Taxes			$	279	$	360	$	215	$	282	$	55	$	218	$	200
	Adjustment to reflect earnings from
		equity method investments on a cash
		basis (c)							33		(1)				(4)		11
	Mark to market impact of derivative
		instruments															1
					279		360		248		281		55		214		212
	Total fixed charges as below				61		73		72		73		11		71		79
			Total earnings	$	340	$	433	$	320	$	354	$	66	$	285	$	291
Fixed charges, as defined:
	Interest charges (d)			$	58	$	70	$	69	$	70	$	10	$	69	$	76
	Estimated interest component of
	operating rentals				3		3		3		3		1		2		3
			Total fixed charges	$	61	$	73	$	72	$	73	$	11	$	71	$	79
Ratio of earnings to fixed charges					5.6		5.9		4.4		4.8		6.0		4.0		3.7

(a)	Post-acquisition activity covering the time period after October 31, 2010.
(b)	Pre-acquisition activity covering the time period prior to November 1, 2010.
(c)	Includes other-than-temporary impairment loss of $25 million in 2012.
(d)	Includes interest on long-term and short-term debt, as well as amortization of debt discount, expense and premium - net.

155