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AMEREN ENERGY GENERATING CO - 10-K - 20060307 - EXHIBIT_12
Exhibit 12.5
CILCORP INC.
Computation of Ratio of Earnings to Fixed Charges
(Thousands of Dollars, Except Ratios)
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Year Ended
December 31,
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1/01/03
Thru
1/30/03
(1)
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1/31/03
Thru
12/31/03
(1)
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Year Ended
December 31,
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2001
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2002
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2004
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2005
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Net income from continuing operations
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$
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25,428
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$
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24,658
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$
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9,203
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$
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14,400
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$
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10,367
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$
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3,222
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Less- Change in accounting principle
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-
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-
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3,818
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-
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-
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(2,497
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)
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Add- Taxes based on income (benefit)
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22,182
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6,841
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2,922
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5,946
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(8,526
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)
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(3,164
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)
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Net income before income taxes and change in accounting principle
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47,610
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31,499
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8,307
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20,346
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1,841
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2,555
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Add- fixed charges:
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Interest on long term debt
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74,710
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71,407
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5,035
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48,899
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51,992
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50,562
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Estimated interest cost within rental expense
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979
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1,619
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87
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1,398
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395
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390
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Amortization of net debt premium, discount, and expenses
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-
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-
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168
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862
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767
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693
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Subsidiary preferred stock dividends
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2,159
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2,159
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180
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1,947
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2,062
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1,988
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Adjust preferred stock dividends to pre-tax basis
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1,420
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1,420
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103
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1,114
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346
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1,293
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Total fixed charges
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79,268
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76,605
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5,573
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54,220
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55,562
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54,926
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Less: Adjustment of preferred stock dividends to pre-tax basis
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1,420
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1,420
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103
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1,114
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346
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1,293
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Earnings available for fixed charges
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125,458
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106,684
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13,777
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73,452
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57,057
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56,188
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Ratio of earnings to fixed charges
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1.58
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1.39
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2.47
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1.35
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1.02
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1.02
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(1)
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Ameren Corporation purchased CILCORP Inc. and subsidiaries on January 31, 2003.
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