EX-12 4 ex12.htm COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES ex12.htm
Exhibit 12
 
CENTERPOINT ENERGY, INCORPORATED AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
 

   
Six Months Ended June 30,
  
   
2007
    
2008
  
             
Income from continuing operations
   $ 200     $ 224  
Income taxes for continuing operations
     100       136  
Capitalized interest
     (15 )     (7 )
      285       353  
                 
Fixed charges, as defined:
                
                 
Interest                                                                               
     305       296  
Capitalized interest                                                                               
     15       7  
Interest component of rentals charged to operating expense
     8       7  
Total fixed charges                                                                               
     328       310  
                 
Earnings, as defined
     613       663  
                 
Ratio of earnings to fixed charges
     1.87       2.14