Exhibit 12(e)
KENTUCKY UTILITIES COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
																Predeces-
				Successor (a)												sor (b)
				3 Months		Year		Year		Year		Year		2 Months		10 Months
				Ended		Ended		Ended		Ended		Ended		Ended		Ended
				Mar. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Oct. 31,
				2015		2014		2013		2012		2011		2010		2010
Earnings, as defined:
	Income Before Income Taxes			$	125	$	355	$	360	$	215	$	282	$	55	$	218
	Adjustment to reflect earnings from
		equity method investments on a cash
		basis (c)			(2)		(1)		(1)		33		(1)				(4)
					123		354		359		248		281		55		214
	Total fixed charges as below				20		80		73		72		73		11		71
			Total earnings	$	143	$	434	$	432	$	320	$	354	$	66	$	285
Fixed charges, as defined:
	Interest charges (d)			$	19	$	77	$	70	$	69	$	70	$	10	$	69
	Estimated interest component of
	operating rentals				1		3		3		3		3		1		2
			Total fixed charges	$	20	$	80	$	73	$	72	$	73	$	11	$	71
Ratio of earnings to fixed charges					7.2		5.4		5.9		4.4		4.8		6.0		4.0

123