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New words:
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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 3.1.3 Articles of Amendment to Amended and Restated Articles of Incorporation
- 12 Computation of Ratios of Earnings to Fixed Charges
- 31.1 Certification of David M. Mcclanahan Pursuant to Rule 13A-14(A)/15D-14(A)
- 31.2 Certification of Gary L. Whitlock Pursuant to Rule 13A-14(A)/15D-14(A)
- 32.1 Certification of David M. Mcclanahan Pursuant to Section 1350
- 32.2 Certification of Gary L. Whitlock Pursuant to Section 1350
- 99.1 Risk Factors from the Form 10-K
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Exhibit 12
CENTERPOINT ENERGY, INCORPORATED AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
(Millions of Dollars)
Three Months Ended March 31, | ||||||||
2007 | 2008 | |||||||
Income from continuing operations | $ | 130 | $ | 123 | ||||
Income taxes for continuing operations | 72 | 74 | ||||||
Capitalized interest | (9 | ) | (3 | ) | ||||
193 | 194 | |||||||
Fixed charges, as defined: | ||||||||
Interest | 154 | 149 | ||||||
Capitalized interest | 9 | 3 | ||||||
Interest component of rentals charged to operating expense | 4 | 4 | ||||||
Total fixed charges | 167 | 156 | ||||||
Earnings, as defined | $ | 360 | $ | 350 | ||||
Ratio of earnings to fixed charges | 2.16 | 2.25 | ||||||