EXHIBIT 12(a)
FPL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Nine Months Ended
September 30, 2000
(millions)
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Earnings, as defined:
Net income .............................................................................. $ 639
Income taxes ............................................................................ 323
Fixed charges included in the determination of net income, as below ..................... 212
Distributed income of independent power investments...................................... 52
Less: Equity in earnings of independent power investments ............................... 49
Total earnings, as defined ............................................................ $1,177
Fixed charges, as defined:
Interest charges ........................................................................ $ 201
Rental interest factor .................................................................. 4
Fixed charges included in nuclear fuel cost ............................................. 7
Fixed charges included in the determination of net income ............................... 212
Capitalized interest .................................................................... 5
Total fixed charges, as defined ....................................................... $ 217
Ratio of earnings to fixed charges ........................................................ 5.42
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