EX-11.1 4 kmp-2013331ex11.htm EXHIBIT 11.1 KMP-2013.3.31 EX. 11


KINDER MORGAN ENERGY PARTNERS, L.P. AND SUBSIDIARIES
EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
(Units in millions; Dollars in millions except per unit amounts)

 
Three Months Ended March 31,
 
2013
2012
Weighted Average Number of Units Used in Computation of Limited Partners' Net Income (Loss) per Unit
376

338

 
 
 
Calculation of Limited Partners' interest in Net Loss
 
 
Amounts attributable to Kinder Morgan Energy Partners, L.P.:
 
 
Income from Continuing Operations
$
785

$
475

Less: Pre-acquisition earnings allocated to General Partner
(17
)
—

Less: General Partner's remaining interest
(402
)
(321
)
Limited Partners' Interest
366

154

Add: Limited Partners' Interest in Discontinued Operations
(2
)
(266
)
Limited Partners' Interest in Net Loss
$
364

$
(112
)
 
 
 
 
 
 
Limited Partners' Net Income (Loss) per Unit:
 
 
Income (Loss) from Continuing Operations
$
0.97

$
0.46

Income (Loss) from Discontinued Operations
$
—

$
(0.79
)
Net Loss
$
0.97

$
(0.33
)