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EXHIBIT 12

THE CINCINNATI GAS & ELECTRIC COMPANY
AND SUBSIDIARY COMPANIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND
EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

					Year Ended December 31,
			Nine Months Ended September 30, 2002
					2001		2000		1999		1998		1997
			(Thousands, except ratios)
Earnings Available
	Net Income		$	202,024	$	326,654	$	266,820	$	233,576	$	215,812	$	239,153
	Plus:
		Income Taxes		124,780		186,527		159,398		143,676		128,322		138,761
		Interest on Long-Term Debt		67,871		92,533		95,869		95,611		101,384		110,134
		Other Interest		7,708		17,015		8,327		7,506		6,375		10,327
		Interest Component of Rents(a)		5,554		7,405		7,053		7,391		5,819		5,786
Total Available			$	407,937	$	630,134	$	537,467	$	487,760	$	457,712	$	504,161
Fixed Charges
	Interest Charges		$	75,579	$	109,548	$	104,196	$	103,117	$	107,759	$	120,461
	Interest Component of Rents(a)			5,554		7,405		7,053		7,391		5,819		5,786
Total Fixed Charges			$	81,133	$	116,953	$	111,249	$	110,508	$	113,578	$	126,247
Ratio of Earnings to Fixed Charges				5.03		5.39		4.83		4.41		4.03		3.99
Fixed Charges and Preferred Stock Dividends
	Interest Charges		$	75,579	$	109,548	$	104,196	$	103,117	$	107,759	$	120,461
	Interest Component of Rents(a)			5,554		7,405		7,053		7,391		5,819		5,786
	Preferred dividends (pre-income tax basis)			1,026		1,329		1,353		1,382		1,368		1,372
Total Fixed Charges and Preferred Stock Dividends			$	82,159	$	118,282	$	112,602	$	111,890	$	114,946	$	127,619
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends				4.97		5.33		4.77		4.36		3.98		3.95

(a)

Estimated interest component of rentals (¹/3 of rentals was used where no readily defined interest element could be be determined.)

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THE CINCINNATI GAS & ELECTRIC COMPANY AND SUBSIDIARY COMPANIES COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES AND EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS