KINDER MORGAN ENERGY PARTNERS, L.P. AND SUBSIDIARIES
EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
(Units in millions; Dollars in millions except per unit amounts)
Three Months Ended June 30, | ||||||
2012 | 2011 | |||||
Weighted Average Number of Units Used in Computation of Limited Partners' Net Income (Loss) per Unit | 342 | 321 | ||||
Calculation of Limited Partners' interest in Net Income (Loss) | ||||||
Attributable to Kinder Morgan Energy Partners, L.P.: | ||||||
Income from Continuing Operations | $ | 429 | $ | 191 | ||
Less: General Partner's Interest | (336 | ) | (292 | ) | ||
Limited Partners' Interest | 93 | (101 | ) | |||
Add: Limited Partners' Interest in Discontinued Operations | (274 | ) | 39 | |||
Limited Partners' Interest in Net Income (Loss) | $ | (181 | ) | $ | (62 | ) |
Limited Partners' Net Income (Loss) per Unit: | ||||||
Income (Loss) from Continuing Operations | $ | 0.27 | $ | (0.31 | ) | |
Income (Loss) from Discontinued Operations | $ | (0.80 | ) | $ | 0.12 | |
Net Income (Loss) | $ | (0.53 | ) | $ | (0.19 | ) |
Six Months Ended June 30, | ||||||
2012 | 2011 | |||||
Weighted Average Number of Units Used in Computation of Limited Partners' Net Income (Loss) per Unit | 340 | 319 | ||||
Calculation of Limited Partners' interest in Net Income (Loss) | ||||||
Attributable to Kinder Morgan Energy Partners, L.P.: | ||||||
Income from Continuing Operations | $ | 904 | $ | 479 | ||
Less: General Partner's Interest | (657 | ) | (572 | ) | ||
Limited Partners' Interest | 247 | (93 | ) | |||
Add: Limited Partners' Interest in Discontinued Operations | (540 | ) | 88 | |||
Limited Partners' Interest in Net Income (Loss) | $ | (293 | ) | $ | (5 | ) |
Limited Partners' Net Income (Loss) per Unit: | ||||||
Income (Loss) from Continuing Operations | $ | 0.73 | $ | (0.29 | ) | |
Income (Loss) from Discontinued Operations | $ | (1.59 | ) | $ | 0.27 | |
Net Income (Loss) | $ | (0.86 | ) | $ | (0.02 | ) |