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Exhibit 12
KANSAS GAS AND ELECTRIC COMPANY
Computations of Ratio of Earnings to Fixed Charges
(Dollars in Thousnads)
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Unaudited
Nine
Months
Ended
September 30, Year Ended December 31,
---------- -----------------------------------------------
2000 1999 1998 1997 1996 1995
-------- -------- -------- ------- -------- --------
<S> <C> <C> <C> <C> <C> <C>
Earnings from
continuing operations......... $110,586 $119,248 $148,736 $69,536 $132,532 $162,660
-------- -------- -------- ------- -------- --------
Fixed Charges:
Interest expense.............. 37,150 49,518 49,358 50,450 58,062 52,263
Interest on Corporate-owned
Life Insurance Borrowings 28,748 31,450 32,368 31,253 27,636 25,357
Interest Applicable to
Rentals..................... 17,055 24,626 25,106 25,143 25,539 25,375
-------- -------- -------- ------- -------- --------
Total Fixed Charges....... 82,953 105,594 106,832 106,846 111,237 102,995
-------- -------- -------- ------- -------- --------
Earnings (1).................... $193,539 $224,842 $255,568 $176,382 $243,769 $265,655
======== ======== ======== ======= ======== ========
Ratio of Earnings to Fixed
Charges....................... 2.33 2.13 2.39 1.65 2.19 2.58
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(1) Earnings are deemed to consisit of net income to which has been added
income taxes (including net deferred investment tax credit) and fixed
charges. Fixed charges consist of all interest on indebtedness,
amortization of debt discount and expense, and the portion of rental
expense which represents an interest factor.
