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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 12 Computation of Ratios of Earnings to Fixed Charges
- 31.1 Rule 13A-14(A)/15D-14(A) Certification of David M. Mcclanahan
- 31.2 Rule 13A-14(A)/15D-14(A) Certification of Gary L. Whitlock
- 32.1 Section 1350 Certification of David M. Mcclanahan
- 32.2 Section 1350 Certification of Gary L. Whitlock
- 99.1 Item 1A ?Risk Factors
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Exhibit 12
CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES
(An Indirect Wholly Owned Subsidiary of CenterPoint Energy, Inc.)
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(millions of dollars)
Three Months Ended March 31, | ||||||||
2008 | 2009 | |||||||
| Net Income | $ | 126 | $ | 95 | ||||
| Income taxes | 79 | 66 | ||||||
| Capitalized interest | (1 | ) | (1 | ) | ||||
| 204 | 160 | |||||||
| Fixed charges, as defined: | ||||||||
| Interest | 48 | 58 | ||||||
| Capitalized interest | 1 | 1 | ||||||
| Interest component of rentals charged to operating income | 4 | 2 | ||||||
| Total fixed charges | 53 | 61 | ||||||
| Earnings, as defined | $ | 257 | $ | 221 | ||||
| Ratio of earnings to fixed charges | 4.84 | 3.64 | ||||||