Exhibit 12(a)
ALLEGHENY ENERGY INC.
(THOUSANDS OF DOLLARS)
COMPUTATION IN SUPPORT OF RATIO OF EARNINGS TO FIXED CHARGES
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Three Months
Ended Twelve Months Ended
March 31, December 31,
2000 1999 1998 1997 1996 1995
Earnings:
<S> <C> <C> <C> <C> <C> <C>
Net income * $ 86,395 $285,389 $263,008 $281,296 $210,047 $239,692
Plus: Fixed charges (see below) 55,294 194,431 188,328 194,916 186,666 186,832
Income taxes 56,784 166,915 168,702 177,716 130,347 156,876
Amort of capitalized in 18 37 4 - - -
Less: Capitalized interest (1,037) (2,219) (828) - - -
Total Earnings $197,404 $644,553 $619,214 $653,928 $527,060 $583,400
Fixed Charges:
Interest on long-term debt $ 41,284 $155,198 $161,057 $173,568 $166,387 $167,199
Other interest 12,197 31,612 19,395 14,409 15,398 14,417
Estimated interest component
of rentals 1,763 7,621 7,876 6,939 4,881 5,216
Total Fixed Charges $ 55,244 $194,431 $188,328 $194,916 $186,666 $186,832
Ratio of Earnings to Fixed Charges 3.57 3.32 3.29 3.35 2.82 3.12
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* Net Income and income taxes excludes extraordinary charges