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EXHIBIT 12A
RELIANT ENERGY, INCORPORATED AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(THOUSANDS OF DOLLARS)
NINE TWELVE
MONTHS ENDED MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
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1999 1999
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Fixed Charges as Defined:
(1) Interest on Long-Term Debt........................................ $ 307,965 $ 413,519
(2) Other Interest.................................................... 60,794 89,604
(3) Capitalized Interest.............................................. 12,227 14,943
(4) Distribution on Trust Securities.................................. 38,433 45,674
(5) Interest Component of Rentals Charged to Operating Expense........ 8,237 11,309
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(6) Total Fixed Charges............................................... $ 427,656 $ 575,049
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Earnings as Defined:
(7) Income from Continuing Operations................................. $ 1,554,865 $ 1,150,305
(8) Income Taxes for Continuing Operations............................ 872,304 687,654
(9) Fixed Charges (line 6)............................................ 427,656 575,049
(10) Capitalized Interest.............................................. (12,227) (14,943)
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(11) Income from Continuing Operations Before Income Taxes and Fixed
Charges........................................................... $ 2,842,598 $ 2,398,065
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Ratio of Earnings to Fixed Charges (line 11 divided by line 6)............. 6.65 4.17
Preferred Dividends Requirements:
(12) Preferred Stock Dividends......................................... $ 292 $ 390
(13) Less Tax Deduction for Preferred Dividends........................ 27 54
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(14) Total............................................................. $ 265 $ 336
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(15) Ratio of Pre-Tax Income from Continuing Operations to Net Income
(line 7 plus line 8 divided by line 7)............................ 1.56 1.60
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(16) Line 14 times line 15............................................. $ 413 $ 538
(17) Add Back Tax Deduction (line 13).................................. 27 54
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(18) Preferred Dividends Factor........................................ $ 440 $ 592
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(19) Total Fixed Charges (line 6)...................................... $ 427,656 $ 575,049
(20) Preferred Dividends Factor (line 18)............................. 440 592
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(21) Total............................................................. $ 428,096 $ 575,641
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Ratios of Earnings to Fixed Charges and Preferred Dividends (line 11 divided
by line 21)....................................................... 6.64 4.17
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