EX-12 3 h56124exv12.htm COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES exv12
 

Exhibit 12
CENTERPOINT ENERGY, INCORPORATED AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
                 
    Three Months Ended
March 31,		  
    2007     2008  
Income from continuing operations
   $ 130     $ 123  
Income taxes for continuing operations
     72       74  
Capitalized interest
     (9 )     (3 )
 
            
 
     193       194  
 
            
Fixed charges, as defined:
                
 
Interest
     154       149  
Capitalized interest
     9       3  
Interest component of rentals charged to operating expense
     4       4  
 
            
Total fixed charges
     167       156  
 
            
 
Earnings, as defined
   $ 360     $ 350  
 
            
 
Ratio of earnings to fixed charges
     2.16       2.25