CenterPoint Energy 2006 Annual Report Download - page 3

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The CenterPoint Energy Ethics and Compliance Code is based on our core values of integrity,
accountability, initiative and respect, and reflects the basic ethical principles that guide our conduct
every day. Copies of our Ethics and Compliance Code are available in the Investors section of our
Web site at CenterPointEnergy.com.
Our Code of Ethics
Financial Highlights
YEAR ENDED DECEMBER 31 2004 2005 2006
IN MILLIONS OF DOLLARS (EXCEPT PER SHARE AMOUNTS)
REVENUES $ 7,999 $ 9,722 $ 9,319
Operating Income 864 939 1,045
Income From Continuing Operations (1) 205 225 432
PER SHARE OF COMMON STOCK
Income From Continuing Operations, Basic (1) 0.67 0.72 1.39
Income From Continuing Operations, Diluted (1) 0.61 0.67 1.33
Book Value – Year End 3.59 4.18 4.96
Market Value – Year End 11.30 12.85 16.58
Common Dividend Paid 0.40 0.40 0.60
CAPITALIZATION
Transition Bonds (Includes Current Portion) 676 2,480 2,407
Other Long-term Debt (Includes Current Portion) 8,353 6,427 6,593
Common Stock Equity 1,106 1,296 1,556
Total Capitalization (Includes Current Portion) 10,135 10,203 10,556
Total Assets (2) 16,531 17,116 17,633
Capital Expenditures (2) $ 530 $ 719 $ 1,121
Common Stock Outstanding (In Thousands) 308,045 310,325 313,652
Number of Common Shareholders 59,448 55,294 52,085
Number of Employees 9,093 9,001 8,623
(1) Before Extraordinary Item.
(2) Excluding discontinued operations. See Footnote (3) in Form 10-K.
Our Company at a Glance
ELECTRIC TRANSMISSION & DISTRIBUTION (T&D) – Our T&D utility serves nearly 2 million metered
customers in our 5,000-square-mile electric service territory in the Houston metropolitan area.
Operating income was $450 million (excluding the transition bond companies).
NATURAL GAS DISTRIBUTION – Our natural gas distribution business serves more than 3.1 million
customers in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma and Texas. Operating income
was $124 million.
INTERSTATE PIPELINES – Our two interstate natural gas pipelines together have 7,900 miles of pipe
and handle more than 900 billion cubic feet (Bcf) of gas each year. Operating income was $181 million.
FIELD SERVICES – Our gathering unit operates about 3,700 miles of gathering pipeline and handles
approximately 1 Bcf of gas per day. Operating income was $89 million.
COMPETITIVE NATURAL GAS SALES AND SERVICES – Our gas marketing business sells natural
gas and related services to commercial, industrial and wholesale customers that are primarily
located in the eastern half of the United States. Operating income was $77 million.