EX-12 5 cngex12.htm EXHIBIT 12

Exhibit 12

Consolidated Natural Gas Company
Computation of Ratio of Earnings to Fixed Charges

(millions of dollars)

Nine Months Ended
September 30, 2005

Twelve Months Ended
September 30, 2005




2004




2003




2002




2001




2000

Earnings, as defined:

Earnings before income taxes and
minority interests in consolidated
subsidiaries



$386



$806



$1,349



$1,022



$950



$604



$360

Distributed income from unconsolidated investees, less equity in earnings


(6)


(5)


(5)


(14)


(16)


(6)


13

Fixed charges included in the determination of net income


   183


   234


   190


   169


  168


   170


   184

Total earnings, as defined

$ 563

$ 1,035

$ 1,534

$ 1,177

$ 1,102

$ 768

$ 557

Fixed charges, as defined:

Interest charges

$ 210

$ 271

$ 229

$ 223

$ 227

$ 181

$ 173

Rental interest factor

    13

    17

    17

    13

    11

    11

   11

Total fixed charges, as defined

$ 223

$ 288

$ 246

$ 236

$ 238

$ 192

$ 184

Ratio of Earnings to Fixed Charges

2.52

3.59

6.24

4.99

4.63

4.00

3.03

 

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