EX-12.54 2 a2013630ex12-54.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 2013.6.30 Ex 12-54


Exhibit 12-54
DTE ENERGY COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
 
 
 
Six Months Ended
 
Twelve Months Ended December 31
(Millions of Dollars)
June 30, 2013
 
2012
 
2011
 
2010
 
2009
 
2008
Earnings:
 
 
 
 
 
 
 
 
 
 
 
Pretax earnings
481

 
1,035

 
989

 
968

 
778

 
518

Adjustments
(7
)
 
(4
)
 
6

 
1

 
4

 
(3
)
Fixed Charges
234

 
463

 
520

 
567

 
572

 
540

Net earnings
708

 
1,494

 
1,515

 
1,536

 
1,354

 
1,055

 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
219

 
441

 
490

 
543

 
545

 
503

Adjustments
15

 
22

 
30

 
24

 
27

 
37

Fixed Charges
234

 
463

 
520

 
567

 
572

 
540

 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.03

 
3.23

 
2.91

 
2.71

 
2.37
 
1.95