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, | ||||||||
2010 | 2009 | |||||||
Weighted Average Number of Limited Partners’ Units on which Limited Partners’ Net Income per Unit is Based | 304.5 | 277.5 | ||||||
Calculation of Limited Partners’ interest in Net Income | ||||||||
Amounts Attributable to Kinder Morgan Energy Partners, L.P.: | ||||||||
Net Income | $ | 361.2 | $ | 323.8 | ||||
Less: General Partner’s interest in Net Income | (92.5 | ) | (232.8 | ) | ||||
Limited Partners’ interest in Net Income | $ | 268.7 | $ | 91.0 | ||||
Limited Partners’ Net Income per Unit | $ | 0.88 | $ | 0.33 |
Six Months Ended June 30, | ||||||||
2010 | 2009 | |||||||
Weighted Average Number of Limited Partners’ Units on which Limited Partners’ Net Income per Unit is Based | 301.7 | 273.5 | ||||||
Calculation of Limited Partners’ interest in Net Income | ||||||||
Amounts Attributable to Kinder Morgan Energy Partners, L.P.: | ||||||||
Net Income | $ | 586.5 | $ | 587.7 | ||||
Less: General Partner’s interest in Net Income | (341.7 | ) | (456.5 | ) | ||||
Limited Partners’ interest in Net Income | $ | 244.8 | $ | 131.2 | ||||
Limited Partners’ Net Income per Unit | $ | 0.81 | $ | 0.48 |