EX-12 5 exhibit12b.htm EXHIBIT (12B) EXHIBIT 12(a)

Exhibit 12(b)

FLORIDA POWER & LIGHT COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
(a)

Three Months Ended
March 31, 2006

 

(millions of dollars)

 

Earnings, as defined:

     

    Net income

$

122

 

    Income taxes

 

59

 

    Fixed charges, as below

 

72

 

        Total earnings, as defined

$

253

       

Fixed charges, as defined:

     

    Interest charges

$

68

 

    Rental interest factor

 

2

 

    Capitalized interest

2

       

        Total fixed charges, as defined

$

72

 

       

Ratio of earnings to fixed charges and ratio of earnings to

 

3.51

 

    combined fixed charges and preferred stock dividends (a)

 

_____________________

(a)

Florida Power & Light Company 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.