CenterPoint Energy 2009 Annual Report Download - page 139

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117
CENTERPOINT ENERGY, INC.
SCHEDULE I — CONDENSED FINANCIAL INFORMATION OF
CENTERPOINT ENERGY, INC. (PARENT COMPANY)
STATEMENTS OF INCOME
For the Year Ended December 31,
2007 2008 2009
(In millions)
Ex
p
enses:
Operation and Maintenance Expenses .............................................
.
$ (17) $ (12) $ (17)
Taxes Other than Income .................................................................
.
(4) 1
—
Total .............................................................................................
.
(21) (11) (17)
Other Income (Ex
p
ense):
Interest Income from Subsidiaries ...................................................
.
22 12 8
Other Income (Expense) ..................................................................
.
1(5) (2)
Gain (Loss) on Indexed Debt Securities ..........................................
.
111 128 (68)
Interest Expense to Subsidiaries ......................................................
.
(67) (38) (25)
Interest Expense ...............................................................................
.
(225) (162) (149)
Distribution to ZENS Holders .........................................................
.
(27)
—
(3)
Total .............................................................................................
.
(185) (65) (239)
Loss Before Income Taxes ..................................................................
.
(206) (76) (256)
Income Tax Benefi
t
.........................................................................
.
86 32 113
Loss Before E
q
uit
y
in Subsidiaries ....................................................
.
(120) (44) (143)
Equit
y
Income of Subsidiaries .........................................................
.
515 490 515
Net Income ...........................................................................................
.
$ 395 $ 446 $ 372
See CenterPoint Energy, Inc. and Subsidiaries Notes to Consolidated Financial Statements in Part II, Item 8