Exhibit 12(e)
KENTUCKY UTILITIES COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
																Predeces-
				Successor (a)												sor (b)
				6 Months		Year		Year		Year		Year		2 Months		10 Months
				Ended		Ended		Ended		Ended		Ended		Ended		Ended
				Jun. 30,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Dec. 31,		Oct. 31,
				2015		2014		2013		2012		2011		2010		2010
Earnings, as defined:
	Income Before Income Taxes			$	188	$	355	$	360	$	215	$	282	$	55	$	218
	Adjustment to reflect earnings from
		equity method investments on a cash
		basis (c)			(2)		(1)		(1)		33		(1)				(4)
					186		354		359		248		281		55		214
	Total fixed charges as below				40		80		73		72		73		11		71
			Total earnings	$	226	$	434	$	432	$	320	$	354	$	66	$	285
Fixed charges, as defined:
	Interest charges (d)			$	38	$	77	$	70	$	69	$	70	$	10	$	69
	Estimated interest component of
	operating rentals				2		3		3		3		3		1		2
			Total fixed charges	$	40	$	80	$	73	$	72	$	73	$	11	$	71
Ratio of earnings to fixed charges					5.7		5.4		5.9		4.4		4.8		6.0		4.0

(a)	Post-acquisition activity covering the time period after October 31, 2010.
(b)	Pre-acquisition activity covering the time period prior to November 1, 2010.
(c)	Includes other-than-temporary impairment loss of $25 million in 2012.
(d)	Includes interest on long-term and short-term debt, as well as amortization of loss on reacquired debt and amortization of debt discount, expense and premium - net.

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