EX-12.2 3 h27861exv12w2.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.2 CENTERPOINT ENERGY RESOURCES CORP. (AN INDIRECT WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.) COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (THOUSANDS OF DOLLARS)
SIX MONTHS ENDED JUNE 30, 2005 ------------------------- Income from continuing operations........................... $122,742 Income taxes for continuing operations...................... 63,526 Minority interest income.................................... (17) Capitalized interest........................................ (722) -------- 185,529 -------- Fixed charges, as defined: Interest expense.......................................... 97,316 Capitalized interest...................................... 722 Interest component of rentals charged to operating expense................................................ 5,484 -------- Total fixed charges....................................... 103,522 -------- Earnings, as defined........................................ $289,051 ======== Ratio of earnings to fixed charges.......................... 2.79 ========