EX-12.RC 10 ex12-rc.txt RATIO OF EARNINGS TO FIXED CHARGES 1 EXHIBIT 12 RELIANT ENERGY RESOURCES CORP. AND SUBSIDIARIES COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (THOUSANDS OF DOLLARS)
SIX TWELVE MONTHS ENDED MONTHS ENDED JUNE 30, 2000 JUNE 30, 2000 ------------- ------------- Income from continuing operations ............................... $ 41,639 $ 64,911 Income taxes for continuing operations .......................... 46,696 70,562 ------------ ------------ 88,335 135,473 ------------ ------------ Fixed charges, as defined: Interest expense ............................................. 61,157 120,796 Distribution on trust preferred securities ................... 15 175 Interest component of rentals charged to operating expense ... 5,358 11,796 ------------ ------------ Total fixed charges .......................................... 66,530 132,767 ------------ ------------ Earnings, as defined ............................................ $ 154,865 $ 268,240 ============ ============ Ratio of earnings to fixed charges .............................. 2.33 2.02 ============ ============