EX-12 6 fe-6302012xex12.htm EX-12 FE-6.30.2012-EX12
EXHIBIT 12

FIRSTENERGY CORP.
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
 
Six Months
Ended June 30
 
2012
 
2011
 
(Dollars in millions)
EARNINGS AS DEFINED IN REGULATION S-K:
 
 
 
Income before extraordinary items
$
494

 
$
240

Interest and other charges, before reduction for amounts capitalized and deferred
520

 
496

Provision for income taxes
349

 
225

Interest element of rentals charged to income (1)
71

 
74

Earnings as defined
$
1,434

 
$
1,035

 
 
 
 
FIXED CHARGES AS DEFINED IN REGULATION S-K:
 
 
 
Interest before reduction for amounts capitalized and deferred
$
520

 
$
496

Interest element of rentals charged to income (1)
71

 
74

Fixed charges as defined
$
591

 
$
570

 
 
 
 
CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
2.43

 
1.82

(1) 
Includes the interest element of rentals where determinable plus 1/3 of rental expense where no readily defined interest element can be determined.