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)
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| Three Months Ended June 30, |
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| 2009 |
| 2008 |
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Weighted average number of limited partners’ units on which limited |
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Calculation of Limited Partners’ interest in Net Income: |
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Income from Continuing Operations |
| $ | 323.8 |
| $ | 361.4 |
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Less: General Partner’s interest in Income from Continuing |
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Limited Partners’ interest in Income from Continuing Operations |
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| 91.0 |
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| 165.5 |
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Add: Limited Partners’ interest in Income from Discontinued |
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Limited Partners’ interest in Net Income |
| $ | 91.0 |
| $ | 166.3 |
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Limited Partners’ Net Income per unit: |
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Income from Continuing Operations |
| $ | 0.33 |
| $ | 0.64 |
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Income from Discontinued Operations |
| $ | — |
| $ | 0.01 |
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Net Income |
| $ | 0.33 |
| $ | 0.65 |
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| Six Months Ended June 30, |
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| 2009 |
| 2008 |
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Weighted average number of limited partners’ units on which limited |
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Calculation of Limited Partners’ interest in Net Income: |
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Income from Continuing Operations |
| $ | 587.7 |
| $ | 707.6 |
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Less: General Partner’s interest in Income from Continuing |
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Limited Partners’ interest in Income from Continuing Operations |
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| 131.2 |
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| 324.3 |
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Add: Limited Partners’ interest in Income from Discontinued |
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Limited Partners’ interest in Net Income |
| $ | 131.2 |
| $ | 325.6 |
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Limited Partners’ Net Income per unit: |
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Income from Continuing Operations |
| $ | 0.48 |
| $ | 1.28 |
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Income from Discontinued Operations |
| $ | — |
| $ | — |
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Net Income |
| $ | 0.48 |
| $ | 1.28 |
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