EX-12.REI 10 h86969ex12-rei.txt RATIO OF EARNINGS TO FIXED CHARGES 1 EXHIBIT 12.REI RELIANT ENERGY, INCORPORATED AND SUBSIDIARIES COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (THOUSANDS OF DOLLARS)
THREE MONTHS ENDED MARCH 31, 2001 -------------- Income from continuing operations........................................... $ 208,222 Income taxes for continuing operations...................................... 110,150 Capitalized interest........................................................ (16,918) -------------- 301,454 -------------- Fixed charges, as defined: Interest................................................................. 177,952 Capitalized interest..................................................... 16,918 Distribution on trust preferred securities............................... 13,900 Interest component of rentals charged to operating expense............... 8,786 -------------- Total fixed charges...................................................... 217,556 -------------- Earnings, as defined........................................................ $ 519,010 ============== Ratio of earnings to fixed charges.......................................... 2.39 ==============