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Previous: RELIANT ENERGY INC, 10-Q, EX-10.RE, 2000-11-14 |
Next: RELIANT ENERGY INC, 10-Q, EX-27.RE, 2000-11-14 |
<PAGE> 1
EXHIBIT 12
RELIANT ENERGY, INCORPORATED AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(THOUSANDS OF DOLLARS)
<TABLE>
<CAPTION>
NINE TWELVE
MONTHS ENDED MONTHS ENDED
SEPTEMBER 30, SEPTEMBER 30,
2000 2000
-------------- --------------
<S> <C> <C>
Income from continuing operations ................................. $ 738,702 $ 849,276
Income taxes for continuing operations ............................ 388,978 415,791
Capitalized interest .............................................. (30,437) (37,151)
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1,097,243 1,227,916
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Fixed charges, as defined:
Interest ....................................................... 536,780 679,495
Capitalized interest ........................................... 30,437 37,151
Distribution on trust preferred securities ..................... 40,458 53,245
Interest component of rentals charged to operating expense ..... 11,544 15,973
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Total fixed charges ............................................ 619,219 785,864
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Earnings, as defined .............................................. $ 1,716,462 $ 2,013,780
============== ==============
Ratio of earnings ................................................. 2.77 2.56
============== ==============
</TABLE>
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