Exhibit 12(f)
KENTUCKY UTILITIES COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
														Predeces-
				Successor (a)										sor (b)
				Year		Year		Year		Year		2 Months		10 Months
				Ended		Ended		Ended		Ended		Ended		Ended
				Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Oct. 31,
				2014		2013		2012		2011		2010		2010
Earnings, as defined:
	Income Before Income Taxes			$	355	$	360	$	215	$	282	$	55	$	218
	Adjustment to reflect earnings from
		equity method investments on a cash
		basis (c)			(1)		(1)		33		(1)				(4)
					354		359		248		281		55		214
	Total fixed charges as below				80		73		72		73		11		71
			Total earnings	$	434	$	432	$	320	$	354	$	66	$	285
Fixed charges, as defined:
	Interest charges (d)			$	77	$	70	$	69	$	70	$	10	$	69
	Estimated interest component of
	operating rentals				3		3		3		3		1		2
			Total fixed charges	$	80	$	73	$	72	$	73	$	11	$	71
Ratio of earnings to fixed charges					5.4		5.9		4.4		4.8		6.0		4.0

(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.

 342