EX-12.2 12 a2092794zex-12_2.txt EX-12.2 EXHIBIT 12.2 CONSOLIDATED EDISON COMPANY OF NEW YORK, INC. RATIO OF EARNINGS TO FIXED CHARGES NINE MONTHS ENDED (Thousands of Dollars)
SEPTEMBER 2002 ------------ EARNINGS Net Income $ 516,163 Income Tax 302,173 ------------ Total Earnings Before Income Tax 818,336 FIXED CHARGES* 289,126 ------------ Total Earnings Before Income Tax and Fixed Charges $ 1,107,462 ============ * Fixed Charges Interest on Long-Term Debt $ 247,724 Amortization of Debt Discount, Premium and Expense 9,311 Interest on Component of Rentals 9,191 Other Interest 22,900 ------------ Total Fixed Charges $ 289,126 ============ Ratio of Earnings to Fixed Charges 3.83
RATIO OF EARNINGS TO FIXED CHARGES TWELVE MONTHS ENDED (Thousands of Dollars)
SEPTEMBER DECEMBER 2002 2001 ------------- ------------ EARNINGS Net Income $ 625,286 $ 663,061 Income Tax 374,755 427,168 ------------- ------------ Total Earnings Before Income Tax 1,000,041 1,090,229 FIXED CHARGES* 392,433 409,588 ------------- ------------ Total Earnings Before Income Tax and Fixed Charges $ 1,392,474 $ 1,499,817 ============= ============ * Fixed Charges Interest on Long-Term Debt $ 334,099 $ 347,260 Amortization of Debt Discount, Premium and Expense 12,536 12,527 Interest on Component of Rentals 12,254 17,478 Other Interest 33,544 32,323 ------------- ------------ Total Fixed Charges $ 392,433 $ 409,588 ============= ============ Ratio of Earnings to Fixed Charges 3.55 3.66