EX-12.02 6 ogande1202exhibit.htm EXHIBIT 12.02 ogande1202exhibit.htm
Exhibit 12.02 

OKLAHOMA GAS AND ELECTRIC COMPANY
PRO FORMA RATIO OF EARNINGS TO FIXED CHARGES

 
Year Ended
Three
Months
Ended
Twelve
Months
Ended
 
Dec 31,
March 31,
March 31,
(In thousands)
2009
2010
2010
                   
Earnings:
                  
Pre-tax income
$
275,915
  
$
8,224
  
$
287,345
  
                   
Add Fixed Charges
  
118,428
    
29,523
    
118,406
  
                   
Subtotal
  
394,343
    
37,747
    
405,751
  
                   
Subtract:
                  
Allowance for borrowed funds used during construction
  
8,284
    
1,174
    
8,335
  
                   
Total Earnings
  
386,059
    
36,573
    
397,416
  
                   
Fixed Charges:
                  
Interest on long-term debt
  
110,939
    
27,741
    
110,886
  
Interest on short-term debt and other interest charges
  
5,434
    
1,283
    
5,488
  
Calculated interest on leased property
  
2,055
    
499
    
2,032
  
                   
Total Fixed Charges
$
118,428
  
$
29,523
  
$
118,406
  
                   
Ratio of Earnings to Fixed Charges
  
3.26
    
1.24
    
3.36