CENTERPOINT ENERGY INC - FORM 10-K - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - March 1, 2011

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10-K - FORM 10-K DECEMBER 31, 2010 - CENTERPOINT ENERGY INCform10-k.htm
EX-23 - CONSENT OF DELOITTE & TOUCHE LLP - CENTERPOINT ENERGY INCex-23.htm
EX-21 - SUBSIDIARIES OF CENTERPOINT ENERGY - CENTERPOINT ENERGY INCex-21.htm
EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY INCex31-1.htm
EX-32.1 - SECTION 1350 CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY INCex32-1.htm
EX-32.2 - SECTION 1350 CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY INCex32-2.htm
EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY INCex31-2.htm
EX-3.(B) - AMENDED AND RESTATED BYLAWS OF CENTERPOINT ENERGY - CENTERPOINT ENERGY INCexhibit3b.htm
EX-10.(MM) - SUMMARY OF NAMED EXECUTIVE OFFICER COMPENSATION - CENTERPOINT ENERGY INCexhibit10mm.htm
EX-10.(LL) - SUMMARY OF NON-EMPLOYEE DIRECTOR COMPENSATION - CENTERPOINT ENERGY INCexhibit10ll.htm
EX-4.(F)(16) - SUPPLEMENTAL INDENTURE NO. 15 TO EXHIBIT 4(F)(1) DATED AS OF JANUARY 20, 2011, PROVIDING FOR THE ISSUANCE OF CERC CORP.'S 4.50% SENIOR NOTES DUE 2021 - CENTERPOINT ENERGY INCexhibit4f16.htm
EX-4.(F)(15) - SUPPLEMENTAL INDENTURE NO. 14 TO EXHIBIT 4(F)(1) DATED AS OF JANUARY 11, 2011, PROVIDING FOR THE ISSUANCE OF CERC CORP.'S 4.50% SENIOR NOTES DUE 2021 AND 5.85% SENIOR NOTES DUE 2041 - CENTERPOINT ENERGY INCexhibit4f15.htm
Exhibit 12
 
 
CENTERPOINT ENERGY, INC. AND SUBSIDIARIES

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

   
    2006
    
     2007 (1)
    
     2008 (1)
    
      2009 (1)
    
     2010 (1)
  
                               
Net Income
   $ 427     $ 395     $ 446     $ 372     $ 442  
Equity in earnings of unconsolidated affiliates, net of distributions      (5 )       (13 )      (51 )      (3 )       13  
Income taxes
     59       193       277       176       263  
Capitalized interest
     (10 )     (22 )     (12 )     (4 )     (9 )
      471       553       660       541       709  
                                         
Fixed charges, as defined:
                                        
                                         
Interest
     608       632       604       644       621  
Capitalized interest
     10       22       12       4       9  
Interest component of rentals charged to operating expense
     19       16       15       12       26  
Total fixed charges
     637       670       631       660       656  
                                         
Earnings, as defined
   $ 1,108     $ 1,223     $ 1,291     $ 1,201     $ 1,365  
                                         
Ratio of earnings to fixed charges
     1.74       1.83       2.05       1.82       2.08  
________
 
(1)
Excluded from the computation of fixed charges for the years ended December 31, 2007, 2008, 2009 and 2010 is interest income of $4 million, interest expense of $9 million, interest income of $3 million and interest expense of $9 million, respectively, which is included in income tax expense.
 
 

 
 
 

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