EX-12.48 3 a12-48ratioofearningstofix.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 12-48 Ratio of Earnings to Fixed Charges


 
 
 
 
 
 
 
Exhibit 12-48
               DTE ENERGY COMPANY
                       COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
Nine Months Ended
 
Twelve Months Ended December 31
 
(Millions of Dollars)
 
September 30, 2011
 
2010
2009
2008
2007
2006
Earnings:
 
 
 
 
 
 
 
 
   Pretax earnings
 
$
738

 
$
944

$
782

$
819

$
1,155

$
536

   Adjustments
 
(1
)
 
1

4

(3
)
(4
)
(4
)
   Fixed Charges
 
385

 
567

572

540

562

558

Net earnings
 
$
1,122

 
$
1,512

$
1,358

$
1,356

$
1,713

$
1,090

 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
    Interest expense
 
$
367

 
$
543

$
545

$
503

$
533

$
525

   Adjustments
 
18

 
24

27

37

29

33

Fixed Charges
 
$
385

 
$
567

$
572

$
540

$
562

$
558

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
2.91

 
2.67

2.37

2.51

3.05

1.95