CENTERPOINT ENERGY RESOURCES CORP - FORM 10-Q - EX-12 - COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES - August 10, 2011

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - CENTERPOINT ENERGY RESOURCES CORPFinancial_Report.xls
10-Q - FORM 10-Q JUNE 30, 2011 - CENTERPOINT ENERGY RESOURCES CORPcercform10-q.htm
EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY RESOURCES CORPex31-1.htm
EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY RESOURCES CORPex31-2.htm
EX-32.2 - SECTION 1350 CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY RESOURCES CORPex32-2.htm
EX-32.1 - SECTION 1350 CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY RESOURCES CORPex32-1.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,
  
   
2010
    
2011
  
             
Net Income
   $ 139     $ 180  
Equity in earnings of unconsolidated affiliates, net of distributions
     6       1  
Income taxes
     119       116  
Capitalized interest
     (2 )     (1 )
      262       296  
                 
Fixed charges, as defined:
                
                 
Interest
     103       94  
Capitalized interest
     2       1  
Interest component of rentals charged to operating expense
     12       8  
Total fixed charges
     117       103  
                 
Earnings, as defined
   $ 379     $ 399  
                 
Ratio of earnings to fixed charges
     3.24       3.87  

 
 

 

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