CenterPoint Energy 2014 Annual Report Download - page 135

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CENTERPOINT ENERGY, INC.
SCHEDULE I — CONDENSED FINANCIAL INFORMATION OF
CENTERPOINT ENERGY, INC. (PARENT COMPANY)
STATEMENTS OF INCOME
See Notes to Condensed Financial Information (Parent Company) and
CenterPoint Energy, Inc. and Subsidiaries Notes to Consolidated Financial Statements in Part II, Item 8
124
For the Year Ended December 31,
2014
2013
2012
(in millions)
Expenses:
Operation and Maintenance Expenses
$
(22
)
$
(13
)
$
(20
)
Total
(22
)
(13
)
(20
)
Other Income (Expense):
Interest Income from Subsidiaries
—
8
10
Other Income (Expense)
(1
)
(5
)
6
Loss on Indexed Debt Securities
(86
)
(193
)
(71
)
Interest Expense to Subsidiaries
—
(
24
)
(25
)
Interest Expense
(103
)
(104
)
(112
)
Total
(190
)
(318
)
(192
)
Loss Before Income Taxes, Equity in Subsidiaries
(212
)
(331
)
(212
)
Income Tax Benefit
115
137
87
Loss Before Equity in Subsidiaries
(97
)
(194
)
(125
)
Equity Income of Subsidiaries
708
505
542
Net Income
$
611
$
311
$
417