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Previous: RELIANT ENERGY INC, 10-Q, EX-99.B.RE, 2000-11-14 |
Next: RELIANT ENERGY INC, 10-Q, EX-27.RC, 2000-11-14 |
<PAGE> 1
EXHIBIT 12
RELIANT ENERGY RESOURCES CORP. 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 .............................. $ 14,761 $ 44,565
Income taxes for continuing operations ......................... 41,119 59,321
-------- --------
55,880 103,886
-------- --------
Fixed charges, as defined:
Interest expense ............................................ 100,108 129,375
Distribution on trust preferred securities .................. 22 112
Interest component of rentals charged to operating expense .. 8,234 12,423
-------- --------
Total fixed charges ......................................... 108,364 141,910
-------- --------
Earnings, as defined ........................................... $164,244 $245,796
======== ========
Ratio of earnings to fixed charges ............................. 1.52 1.73
======== ========
</TABLE>
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