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Exhibit 12.1
NRG Energy, Inc.
Consolidated Ratio of Earnings to Fixed Charges
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For the Nine For the Nine
Months Ended Months Ended
September 30, 1999 September 30, 2000
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(In thousands)
<S> <C> <C>
Earnings:
Income before taxes $ 5,119 $223,602
Less: Undistributed equity in earnings of (1,363) (92,807)
unconsolidated affiliates
Add: Fixed Charges 58,205 217,556
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61,961 348,351
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Fixed Charges:
Interest expense 54,737 208,785
Interest capitalized 151 979
Amortization of debt costs 2,870 6,640
Approximation of interest in rental expense 447 1,152
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$ 58,205 $217,556
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Ratio of earnings to fixed charges 1.06 1.60
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