CENTERPOINT ENERGY INC - FORM 10-Q - EX-12 - EXHIBIT 12 - August 10, 2015

Attached files

file filename
EX-32.1 - EXHIBIT 32.1 - CENTERPOINT ENERGY INCcnp_exhibit321x6302015.htm
EX-32.2 - EXHIBIT 32.2 - CENTERPOINT ENERGY INCcnp_exhibit322x6302015.htm
EX-31.2 - EXHIBIT 31.2 - CENTERPOINT ENERGY INCcnp_exhibit312x6302015.htm
10-Q - 10-Q - CENTERPOINT ENERGY INCcnp_10qx6302015.htm
EX-31.1 - EXHIBIT 31.1 - CENTERPOINT ENERGY INCcnp_exhibit311x6302015.htm


Exhibit 12


CENTERPOINT ENERGY, INC. AND SUBSIDIARIES

COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)

 
Six Months Ended June 30,
 
2015 (1)
 
2014 (1)
Net income
$
208

 
$
292

Equity in earnings of unconsolidated affiliates, net of distributions
50

 
2

Income taxes
115

 
171

Capitalized interest
(5
)
 
(6
)
 
368

 
459

 
 
 
 
Fixed charges, as defined:
 

 
 

 
 
 
 
Interest
233

 
233

Capitalized interest
5

 
6

Interest component of rentals charged to operating expense
2

 
2

Total fixed charges
240

 
241

 
 
 
 
Earnings, as defined
$
608

 
$
700

 
 
 
 
Ratio of earnings to fixed charges
2.53

 
2.90

_______________
(1)
Excluded from the computation of fixed charges for the six months ended June 30, 2015 and 2014 is interest expense of $-0- and $3 million, respectively, which is included in income tax expense.


CENTERPOINT ENERGY INC Reports