Exhibit 12
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC 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,
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2005 2006
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Net Income .................................................... $ 28 $ 43
Income taxes .................................................. 12 21
Capitalized interest .......................................... (1) (1)
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39 63
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Fixed charges, as defined:
Interest ................................................... 85 61
Capitalized interest ....................................... 1 1
Interest component of rentals charged to operating income .. -- --
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Total fixed charges ........................................ 86 62
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Earnings, as defined .......................................... $ 125 $ 125
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Ratio of earnings to fixed charges ............................ 1.46 2.02
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