EX-12 5 exhibit12a.htm EXHIBIT 12(A) EXHIBIT 12(a)

Exhibit 12(a)

FPL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
(a)

Nine Months Ended
September 30, 2005

 

(millions of dollars)

Earnings, as defined:

    Net income

$

679

    Income taxes

229

    Fixed charges included in the determination of net income, as below

440

    Amortization of capitalized interest

8

    Distributed income of equity method investees

17

    Less:  Equity in earnings of equity method investees

105

        Total earnings, as defined

$

1,268

Fixed charges, as defined:

    Interest charges

$

428

    Rental interest factor

12

    Fixed charges included in the determination of net income

440

    Capitalized interest

18

        Total fixed charges, as defined

$

458

Ratio of earnings to fixed charges and ratio of earnings

    to combined fixed charges and preferred stock dividends (a)

2.77

_____________________

(a)

FPL Group, Inc. has no preference equity securities outstanding; therefore, the ratio of earnings to fixed charges is the same as the ratio of earnings to combined fixed charges and preferred stock dividends.