Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | Financial_Report.xls |
| 10-K - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_10kx12312011.htm |
| EX-23 - CONSENT OF DELOITTE & TOUCHE LLP - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit23x12312011.htm |
| EX-32.1 - SECTION 1350 CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit321x12312011.htm |
| EX-32.2 - SECTION 1350 CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit322x12312011.htm |
| EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATIONOF GARY L. WHITLOCK - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit312x12312011.htm |
| EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit311x12312011.htm |
Exhibit 12
CENTERPOINT ENERGY HOUSTON ELECTRIC, LLC AND SUBSIDIARIES
(AN INDIRECT WHOLLY OWNED SUBSIDIARY OF CENTERPOINT ENERGY, INC.)
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
Year Ended December 31, | |||||||||||||||||||
2007 (1) | 2008 (1) | 2009 (1) | 2010 (1) | 2011 (1) | |||||||||||||||
Income before extraordinary item | $ | 273 | $ | 222 | $ | 208 | $ | 200 | $ | 488 | |||||||||
Income taxes | 126 | 121 | 102 | 116 | 248 | ||||||||||||||
Capitalized interest | (10 | ) | (7 | ) | (3 | ) | (3 | ) | (4 | ) | |||||||||
389 | 336 | 307 | 313 | 732 | |||||||||||||||
Fixed charges, as defined: | |||||||||||||||||||
Interest | 230 | 245 | 289 | 289 | 277 | ||||||||||||||
Capitalized interest | 10 | 7 | 3 | 3 | 4 | ||||||||||||||
Interest component of rentals charged to operating expense | 1 | 2 | ─ | ─ | ─ | ||||||||||||||
Total fixed charges | 241 | 254 | 292 | 292 | 281 | ||||||||||||||
Earnings, as defined | $ | 630 | $ | 590 | $ | 599 | $ | 605 | $ | 1,013 | |||||||||
Ratio of earnings to fixed charges | 2.61 | 2.32 | 2.05 | 2.07 | 3.60 | ||||||||||||||
____________
(1) | Excluded from the computation of fixed charges for the years ended December 31, 2007, 2008, 2009 and 2010 is interest expense of $4 million, $7 million, $1 million and $8 million, respectively, and interest income for 2011 of $12 million which is included in income tax expense. |