MIDAMERICAN ENERGY COMPANY
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
AND COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
PLUS PREFERRED STOCK DIVIDEND REQUIREMENTS
(In Thousands)
(Unaudited)


	Three Months Ended Mar. 31, 2006		Twelve Months Ended December 31,
	Three Months Ended Mar. 31, 2006		2005		2004		2003		2002		2001
Net income from continuing operations	$	86,968	$	221,297	$	210,455	$	188,597	$	175,821	$	152,778
Add (Deduct):
Total income taxes		35,772		114,856		102,155		131,261		120,230		112,452
Interest on long-term debt		23,887		80,485		71,949		72,207		71,401		60,880
Other interest charges		2,709		8,409		5,728		3,813		3,412		8,401
Preferred stock dividends of subsidiary trust		—		—		—		—		1,574		7,980
Interest on leases		32		138		155		108		201		137
		62,400		203,888		179,987		207,389		196,818		189,850
Earnings available for fixed charges		149,368		425,185		390,442		395,986		372,639		342,628
Fixed Charges:
Interest on long-term debt		23,887		80,485		71,949		72,207		71,401		60,880
Other interest charges		2,709		8,409		5,728		3,813		3,412		8,401
Preferred stock dividends of subsidiary trust		—		—		—		—		1,574		7,980
Interest on leases		32		138		155		108		201		137
Total fixed charges		26,628		89,032		77,832		76,128		76,588		77,398
Ratio of earnings to fixed charges		5.61		4.78		5.02		5.20		4.87		4.43
Preferred stock dividends	$	312	$	1,247	$	1,245	$	1,416	$	2,933	$	4,544
Ratio of net income before income taxes to net income		1.4113		1.5190		1.4854		1.6960		1.6838		1.7360
Preferred stock dividend requirements before income tax		440		1,894		1,849		2,402		4,939		7,888
Fixed charges plus preferred stock dividend requirements		27,068		90,926		79,681		78,530		81,527		85,286
Ratio of earnings to fixed charges plus preferred stock dividend requirements (pre-income tax basis)		5.52		4.68		4.90		5.04		4.57		4.02