Duke Energy Carolinas 10-K/A 2005 FY Annual report (amended)

Exhibit 12.1

Statement of Computation of Ratio of Earnings to Fixed Charges for TEPPCO Partners, L.P.

	2001		2002		2003		2004		2005
	(as restated)		(as restated)		(as restated)		(as restated)
					(in thousands)
Earnings
Income From Continuing Operations *	92,533		105,882		104,958		115,347		141,789
Fixed Charges	68,217		73,381		93,294		80,695		93,414
Distributed Income of Equity Investment	40,800		30,938		28,003		47,213		37,085
Capitalized Interest	(4,000	)	(4,345	)	(5,290	)	(4,227	)	(6,759	)
Total Earnings	197,550		205,856		220,965		239,028		265,529
Fixed Charges
Interest Expense	62,057		66,192		84,250		72,053		81,861
Capitalized Interest	4,000		4,345		5,290		4,227		6,759
Rental Interest Factor	2,160		2,844		3,754		4,415		4,794
Total Fixed Charges	68,217		73,381		93,294		80,695		93,414
Ratio: Earnings / Fixed Charges	2.90		2.81		2.37		2.96		2.84

* Excludes minority interest, extraordinary loss, gain on sale of assets and undistributed equity earnings.