Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | ceheq2201210-q.htm |
| EX-32.1 - SECTION 1350 CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit321x06302012.htm |
| EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit312x06302012.htm |
| EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit311x06302012.htm |
| EX-32.2 - SECTION 1350 CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit322x06302012.htm |
| EXCEL - IDEA: XBRL DOCUMENT - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | Financial_Report.xls |
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)
Six Months Ended June 30, | |||||||
2011 (1) | 2012 (1) | ||||||
Net income | $ | 103 | $ | 114 | |||
Income taxes | 58 | 52 | |||||
Capitalized interest | (2 | ) | (3 | ) | |||
159 | 163 | ||||||
Fixed charges, as defined: | |||||||
Interest | 140 | 149 | |||||
Capitalized interest | 2 | 3 | |||||
Interest component of rentals charged to operating expense | — | — | |||||
Total fixed charges | 142 | 152 | |||||
Earnings, as defined | $ | 301 | $ | 315 | |||
Ratio of earnings to fixed charges | 2.12 | 2.07 | |||||
____________
(1) | Excluded from the computation of fixed charges for the six months ended June 30, 2011 and 2012 is interest expense of $4 million and interest income of $5 million, respectively, which is included in income tax expense. |