EX-12.4 8 d248451dex124.htm EX-12.4 EX-12.4

Exhibit 12.4

 

PECO Energy Company      
Computation of Earnings to Fixed Charges      
For the Six Months Ended June 30, 2016   Six Months Ended  
                30-Jun  
                2016  
Pre-tax income (loss) from continuing operations after adjustment for income or loss from equity investees, minority interest, capitalized interest and preference security dividend requirements  
 

Income from continuing operations before income taxes and minority interest

    291   
 

Plus (income) loss from equity investees

    —     
 

Less capitalized interest A

    (4
 

Less preference security dividend requirements E

    —     
 

Less minority interest in pre-tax income of subs that have not incurred fixed charges

    —     
       

 

 

 
          287   
       

Fixed charges:

 
 

Interest expense and amortization of debt discount and premium on all indebtedness

    65   
 

Interest component of rental expense

    1   
 

Distributions on mandatorily redeemable preferred securities

    —     
 

Preferred stock dividend requirements

    —     
       

 

 

 
          66   
       
Pre-tax income (loss) from continuing operations after adjustment for income or loss from equity investees, capitalized interest and preference security dividend requirements plus fixed charges     353   
       

Ratio of earnings to fixed charges

    5.3