EX-12.30 10 k68272ex12-30.txt COMPUTATION OF RATIO OF EARNINGS EXHIBIT 12.30 DTE ENERGY COMPANY COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31 2001 2000 1999 1998 1997 ============================================ (Millions, except for ratio) EARNINGS: Pretax earnings $219 $480 $546 $600 $ 678 Add: Loss from equity investee 22 26 15 5 3 Fixed charges 501 370 378 360 349 Distributed income from equity investees 9 -- -- -- -- ---- ---- ---- ---- ------ NET EARNINGS 751 876 939 965 1,030 ---- ---- ---- ---- ------ FIXED CHARGES: Interest expense 470 336 344 319 297 Interest factor of rents 8 34 34 34 34 Preferred stock dividend factor 23 -- -- 7 18 ---- ---- ---- ---- ------ Total fixed charges $501 $370 $378 $360 $ 349 ---- ---- ---- ---- ------ Ratio of earnings to fixed charges 1.50 2.37 2.48 2.68 2.95 ==== ==== ==== ==== ======