EX-12.1 7 a2029967zex-12_1.txt EXHIBIT 12.1 CONSOLIDATED EDISON, INC. RATIO OF EARNINGS TO FIXED CHARGES TWELVE MONTHS ENDED (Thousands of Dollars)
SEPTEMBER SEPTEMBER 2000 1999 ------------------ ------------------ Earnings Net Income for Common Stock $658,316 $710,883 Preferred Dividends 13,593 13,593 Federal Income Tax 294,548 432,052 ------------------ ------------------ Total Earnings Before Federal Income Tax 966,457 1,156,528 Fixed Charges* 411,362 348,021 ------------------ ------------------ Total Earnings Before Federal Income Tax and Fixed Charges $1,377,819 $1,504,549 ================== ================== * Fixed Charges Interest on Long-Term Debt $336,842 $298,281 Amortization of Debt Discount, Premium and Expense 12,762 13,687 Interest on Component of Rentals 17,579 18,213 Other Interest 44,179 17,840 ------------------ ------------------ Total Fixed Charges $411,362 $348,021 ================== ================== Ratio of Earnings to Fixed Charges 3.35 4.32