CENTERPOINT ENERGY RESOURCES CORP - FORM 10-Q - EX-12 - EXHIBIT 12 - August 13, 2015

Attached files

file	filename
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit322_6302015.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit312_6302015.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit311_6302015.htm
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY RESOURCES CORP	cercexhibit321_6302015.htm
10-Q - 10-Q - CENTERPOINT ENERGY RESOURCES CORP	cercq2201510-q.htm

Exhibit 12

CENTERPOINT ENERGY RESOURCES CORP. AND SUBSIDIARIES

(An Indirect Wholly Owned Subsidiary of CenterPoint Energy, Inc.)

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

(Millions of Dollars)



	Six Months Ended June 30,
	2015 (1)				2014 (1)

Net income	$	131			$	200
Equity in earnings of unconsolidated affiliates, net of distributions	50				2
Income taxes	83				124
	264				326

Fixed charges, as defined:

Interest	69				69
Interest component of rentals charged to operating expense	2				2
Total fixed charges	71				71

Earnings, as defined	$	335			$	397

Ratio of earnings to fixed charges	4.72				5.59

___________


(1)	Excluded from the computation of fixed charges for the six months ended June 30, 2015 and 2014 is interest expense of $-0- and $9 million, respectively, which is included in income tax expense.