Attached files
file | filename |
---|---|
10-Q - 10-Q - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | ceheq3201210-q.htm |
EX-32.2 - SECTION 1350 CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit322x09302012.htm |
EX-32.2 - SECTION 1350 CERTFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit321x09302012.htm |
EX-31.1 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF DAVID M. MCCLANAHAN - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit311x09302012.htm |
EX-31.2 - RULE 13A-14(A)/15D-14(A) CERTIFICATION OF GARY L. WHITLOCK - CENTERPOINT ENERGY HOUSTON ELECTRIC LLC | cehe_exhibit312x09302012.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)
Nine Months Ended September 30, | |||||||
2011 (1) | 2012 (1) | ||||||
Income before extraordinary item | $ | 470 | $ | 252 | |||
Income taxes | 233 | 98 | |||||
Capitalized interest | (3 | ) | (5 | ) | |||
700 | 345 | ||||||
Fixed charges, as defined: | |||||||
Interest | 209 | 222 | |||||
Capitalized interest | 3 | 5 | |||||
Interest component of rentals charged to operating expense | — | — | |||||
Total fixed charges | 212 | 227 | |||||
Earnings, as defined | $ | 912 | $ | 572 | |||
Ratio of earnings to fixed charges | 4.30 | 2.52 |
____________
(1) | Excluded from the computation of fixed charges for the nine months ended September 30, 2011 and 2012 is interest income of $13 million and $8 million, respectively, which is included in income tax expense. |