UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 5, 2009

CENTERPOINT ENERGY, INC.

(Exact name of registrant as specified in its charter)

Texas (State or other jurisdiction of incorporation)		1-31447 (Commission File Number)		74-0694415 (IRS Employer Identification No.)

1111 Louisiana
Houston, Texas (Address of principal executive offices)		77002 (Zip Code)

Registrant’s telephone number, including area code: (713) 207-1111

     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

ITEM 2.02.		RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On August 5, 2009, CenterPoint Energy, Inc. (“CenterPoint Energy”) reported second quarter 2009 earnings. For additional information regarding CenterPoint Energy’s second quarter 2009 earnings, please refer to CenterPoint Energy’s press release attached to this report as Exhibit 99.1 (the “Press Release”), which Press Release is incorporated by reference herein. The information in the Press Release is being furnished, not filed, pursuant to Item 2.02. Accordingly, the information in the Press Release will not be incorporated by reference into any registration statement filed by CenterPoint Energy under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.

ITEM 9.01.		FINANCIAL STATEMENTS AND EXHIBITS.

     The exhibit listed below is furnished pursuant to Item 2.02 of this Form 8-K.

	(d)		Exhibits.
	99.1		Press Release issued August 5, 2009 regarding CenterPoint Energy, Inc.’s second quarter 2009 earnings.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX

EXHIBIT
NUMBER				EXHIBIT DESCRIPTION
	99.1			Press Release issued August 5, 2009 regarding CenterPoint Energy, Inc.’s second quarter 2009 earnings

Exhibit 99.1

		For more information contact Media: Leticia Lowe Phone 713.207.7702 Investors: Marianne Paulsen Phone 713.207.6500

For Immediate Release		Page 1 of 4

CENTERPOINT ENERGY REPORTS SECOND QUARTER 2009 EARNINGS

     Houston, TX — August 5, 2009 - CenterPoint Energy, Inc. (NYSE: CNP) today reported net income of $86 million, or $0.24 per diluted share, for the second quarter of 2009 compared to $101 million, or $0.30 per diluted share, for the same period of 2008. Operating income for the second quarter of 2009 was $253 million compared to $297 million for the same period of 2008.

     “Despite the weak economy and changing energy markets, our business units continued to perform well,” said David M. McClanahan, president and chief executive officer of CenterPoint Energy. “Our regulated electric and gas utilities turned in solid operating performances as did our pipeline and field services core operations. However, revenues from ancillary services declined from 2008 when we benefited from unusually high commodity prices. We continue to believe that the overall fundamentals of our balanced portfolio of electric and natural gas businesses remain strong and position us well as the economy recovers and the energy markets rebound.”

     For the six months ended June 30, 2009, net income was $153 million, or $0.44 per diluted share, compared to $223 million, or $0.66 per diluted share, for the same period of 2008. Operating income for the six months ended June 30, 2009, was $538 million compared to $633 million for the same period of 2008.

OPERATING INCOME BY SEGMENT

Electric Transmission & Distribution

     The electric transmission & distribution segment reported operating income of $162 million for the second quarter of 2009, consisting of $129 million from the regulated electric transmission & distribution utility operations (TDU) and $33 million related to transition bonds. Operating income for the second quarter of 2008 was $164 million, consisting of $129 million from the TDU and $35 million related to transition bonds. Operating income for the TDU benefited from growth of over 28,000 metered customers since June 2008 and higher net transmission revenues. Operating income for the second quarter of 2008 included a $9 million gain from a land sale.

     As a result of the storm restoration cost recovery legislation enacted by the Texas Legislature in April 2009, the company recorded a regulatory asset of $41 million for carrying costs incurred through June 30, 2009, on amounts it spent for Hurricane Ike storm restoration. Of that amount, $14 million was reflected in the company’s second quarter 2009 earnings, and the remaining $27 million will be recognized over the life of the storm cost recovery bonds the company expects to issue later this year.

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		For more information contact Media: Leticia Lowe Phone 713.207.7702 Investors: Marianne Paulsen Phone 713.207.6500

For Immediate Release		Page 2 of 4

     Operating income for the six months ended June 30, 2009, was $232 million, consisting of $166 million from the TDU and $66 million related to transition bonds. Operating income for the same period of 2008 was $255 million, consisting of $183 million from the TDU, $67 million related to transition bonds and $5 million from the competition transition charge (CTC). The CTC was discontinued in February 2008 when the company securitized the remaining true-up balance.

Natural Gas Distribution

     The natural gas distribution segment reported operating income of $2 million for the second quarter of 2009 compared to $4 million for the same period of 2008. Operating income benefited from rate increases and lower bad debt expense, which were more than offset by higher pension and other employee-related expenses. Due to seasonal impacts, this segment typically reports minimal earnings in the second quarter.

     Operating income for the six months ended June 30, 2009, was $120 million compared to $125 million for the same period of 2008.

Interstate Pipelines

     The interstate pipelines segment reported operating income of $61 million for the second quarter of 2009 compared to $101 million for the same period of 2008. Operating income for the second quarter of 2008 included an $18 million gain from the sale of two storage development projects. Operating income benefited from higher revenue from the Carthage to Perryville pipeline and from new firm transportation contracts for gas-fired power generation, which were more than offset by a decline in ancillary services due to significantly lower commodity prices, as well as higher pension and other operation and maintenance expenses.

     In addition to operating income, this business had equity income of $9 million for the second quarter of 2009 from its 50 percent interest in the Southeast Supply Header (SESH), a new pipeline that went into service in September 2008. In the second quarter of 2008, equity income was $10 million from pre-operating allowance for funds used during construction.

     Operating income for the six months ended June 30, 2009, was $130 million compared to $172 million for the same period of 2008. In addition to operating income, this business had equity income of $7 million for the six months ended June 30, 2009, from its interest in SESH. In the first quarter of 2009, the company recorded a non-cash charge of $5 million to reflect SESH’s decision to discontinue the use of Statement of Financial Accounting Standards No. 71 — Accounting for the Effects of Certain Types of Regulation. For the six months ended June 30, 2008, equity income was $15 million from pre-operating allowance for funds used during construction.

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		For more information contact Media: Leticia Lowe Phone 713.207.7702 Investors: Marianne Paulsen Phone 713.207.6500

For Immediate Release		Page 3 of 4

Field Services

     The field services segment reported operating income of $23 million for the second quarter of 2009 compared to $32 million for the same period of 2008. Solid growth in core gathering services was more than offset by the effect of lower natural gas and liquids prices, which declined from significantly higher levels in 2008.

     In addition to operating income, this business had equity income of $2 million in the second quarter of 2009 compared to $4 million in the second quarter of 2008 from its 50 percent interest in a gas processing plant. The decline was due primarily to lower natural gas liquids prices.

     Operating income for the six months ended June 30, 2009, was $49 million compared to $77 million for the same period of 2008. Operating income for the six months ended June 30, 2008, included gains of $17 million associated with the settlement of a contractual dispute and the sale of non-strategic assets. Equity income from the jointly-owned gas processing plant was $4 million for the six months ended June 30, 2009, compared to $8 million for the same period of 2008.

Competitive Natural Gas Sales and Services

     The competitive natural gas sales and services segment reported operating income of $6 million for the second quarter of 2009 compared to an operating loss of $5 million for the same period of 2008. Operating income for the second quarter of 2009 included gains of $3 million resulting from mark-to-market accounting for derivatives used to lock in economic margins of certain forward natural gas sales compared to charges of $10 million for the same period of 2008.

     Operating income for the six months ended June 30, 2009, was $8 million compared to $1 million for the same period of 2008. Operating income for the six months ended June 30, 2009, included charges of $16 million resulting from mark-to-market accounting compared to charges of $32 million for the same period of 2008. The six months ended June 30, 2009 also included $6 million in write-downs of inventory to the lower of average cost or market.

DIVIDEND DECLARATION

     On July 23, 2009, CenterPoint Energy’s board of directors declared a regular quarterly cash dividend of $0.19 per share of common stock payable on September 10, 2009, to shareholders of record as of the close of business on August 14, 2009.

OUTLOOK REAFFIRMED FOR 2009

     CenterPoint Energy reaffirmed its 2009 earnings guidance of $1.05 to $1.15 per diluted share. This guidance takes into consideration various economic and operational assumptions related to the business segments in which the company operates. The company has made certain assumptions regarding the timing and cost of certain financing activities and the impact to earnings

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		For more information contact Media: Leticia Lowe Phone 713.207.7702 Investors: Marianne Paulsen Phone 713.207.6500

For Immediate Release		Page 4 of 4

of various regulatory proceedings, including recovery of costs associated with Hurricane Ike. The company cannot predict the ultimate outcome of any of those proceedings. In providing this guidance, the company has not projected the impact of any changes in accounting standards, any impact from acquisitions or divestitures, the timing effects of mark-to-market or inventory accounting in the company’s competitive natural gas sales and services business, or the outcome of the TDU’s true-up appeal. The company has also excluded any impact to income from the change in value of Time Warner stocks and the related ZENS securities.

FILING OF FORM 10-Q FOR CENTERPOINT ENERGY, INC.

     Today, CenterPoint Energy, Inc. filed with the Securities and Exchange Commission (SEC) its Quarterly Report on Form 10-Q for the period ended June 30, 2009. A copy of that report is available on the company’s Web site, www.CenterPointEnergy.com, under the Investors section. Other filings the company makes with the SEC and other documents relating to its corporate governance can also be found on that site.

WEBCAST OF EARNINGS CONFERENCE CALL

     CenterPoint Energy’s management will host an earnings conference call on Wednesday, August 5, 2009, at 10:30 a.m. Central time or 11:30 a.m. Eastern time. Interested parties may listen to a live audio broadcast of the conference call at www.CenterPointEnergy.com. A replay of the call can be accessed approximately two hours after the completion of the call and will be archived on the Web site for at least one year.

     CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution, competitive natural gas sales and services, interstate pipelines, and field services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. Assets total nearly $19 billion. With about 8,800 employees, CenterPoint Energy and its predecessor companies have been in business for more than 135 years. For more information, visit the Web site at www.CenterPointEnergy.com.

     This news release includes forward-looking statements. Actual events and results may differ materially from those projected. The statements in this news release regarding future financial performance and results of operations and other statements that are not historical facts are forward-looking statements. Factors that could affect actual results include the timing and outcome of appeals from the true-up proceedings, the timing and impact of future regulatory, legislative, and IRS decisions, effects of competition, weather variations, changes in CenterPoint Energy’s or its subsidiaries’ business plans, financial market conditions, the timing and extent of changes in commodity prices, particularly natural gas, the impact of unplanned facility outages, and other factors discussed in CenterPoint Energy’s and its subsidiaries’ Form 10-Ks for the fiscal year ended December 31, 2008, CenterPoint Energy’s and its subsidiaries’ Form 10-Qs for the periods ended March 31, 2009, CenterPoint Energy’s Form 10-Q for the period ended June 30, 2009, and other filings with the SEC.

###

CenterPoint Energy, Inc. and Subsidiaries
Statements of Consolidated Income
(Millions of Dollars)
(Unaudited)

		Quarter Ended								Six Months Ended
		June 30,								June 30,
		2008				2009				2008				2009
Revenues:
Electric Transmission & Distribution		$	510			$	521			$	919			$	933
Natural Gas Distribution			726				518				2,426				1,939
Competitive Natural Gas Sales and Services			1,243				432				2,363				1,197
Interstate Pipelines			192				155				325				308
Field Services			62				56				120				113
Other Operations			2				3				5				6
Eliminations			(65	)			(45	)			(125	)			(90	)
Total			2,670				1,640				6,033				4,406
Expenses:
Natural gas			1,750				710				4,143				2,499
Operation and maintenance			342				398				707				811
Depreciation and amortization			188				188				346				354
Taxes other than income taxes			93				91				204				204
Total			2,373				1,387				5,400				3,868
Operating Income			297				253				633				538
Other Income (Expense):
Gain (loss) on marketable securities			17				55				(37	)			21
Gain (loss) on indexed debt securities			(17	)			(46	)			33				(24	)
Interest and other finance charges			(114	)			(129	)			(230	)			(258	)
Interest on transition bonds			(35	)			(33	)			(68	)			(66	)
Equity in earnings of unconsolidated affiliates			14				11				23				11
Other — net			—				18				4				22
Total			(135	)			(124	)			(275	)			(294	)
Income Before Income Taxes			162				129				358				244
Income Tax Expense			(61	)			(43	)			(135	)			(91	)
Net Income		$	101			$	86			$	223			$	153

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Quarterly Report on Form 10-Q of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Selected Data From Statements of Consolidated Income
(Millions of Dollars, Except Share and Per Share Amounts)
(Unaudited)

		Quarter Ended								Six Months Ended
		June 30,								June 30,
		2008				2009				2008				2009
Basic Earnings Per Common Share		$	0.30			$	0.24			$	0.68			$	0.44
Diluted Earnings Per Common Share		$	0.30			$	0.24			$	0.66			$	0.44
Dividends Declared per Common Share		$	0.1825			$	0.19			$	0.365			$	0.38
Weighted Average Common Shares Outstanding (000):
- Basic			331,354				352,461				329,316				346,660
- Diluted			342,027				354,280				340,873				348,522
Operating Income by Segment
Electric Transmission & Distribution:
Electric Transmission and Distribution Operations		$	129			$	129			$	183			$	166
Competition Transition Charge			—				—				5				—
Total Electric Transmission and Distribution Utility			129				129				188				166
Transition Bond Companies			35				33				67				66
Total Electric Transmission & Distribution			164				162				255				232
Natural Gas Distribution			4				2				125				120
Competitive Natural Gas Sales and Services			(5	)			6				1				8
Interstate Pipelines			101				61				172				130
Field Services			32				23				77				49
Other Operations			1				(1	)			3				(1	)
Total		$	297			$	253			$	633			$	538

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Quarterly Report on Form 10-Q of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Results of Operations by Segment
(Millions of Dollars)
(Unaudited)

		Electric Transmission & Distribution
		Quarter Ended												Six Months Ended
		June 30,								% Diff				June 30,								% Diff
		2008				2009				Fav/(Unfav)				2008				2009				Fav/(Unfav)
Results of Operations:
Revenues:
Electric transmission and distribution utility		$	419			$	432				3	%		$	765			$	778				2	%
Transition bond companies			91				89				(2	%)			154				155				1	%
Total			510				521				2	%			919				933				2	%
Expenses:
Operation and maintenance			167				181				(8	%)			335				369				(10	%)
Depreciation and amortization			71				69				3	%			137				137				—
Taxes other than income taxes			52				53				(2	%)			105				106				(1	%)
Transition bond companies			56				56				—				87				89				(2	%)
Total			346				359				(4	%)			664				701				(6	%)
Operating Income		$	164			$	162				(1	%)		$	255			$	232				(9	%)
Operating Income:
Electric transmission and distribution operations		$	129			$	129				—			$	183			$	166				(9	%)
Competition transition charge			—				—				—				5				—				(100	%)
Transition bond companies			35				33				(6	%)			67				66				(1	%)
Total Segment Operating Income		$	164			$	162				(1	%)		$	255			$	232				(9	%)
Electric Transmission & Distribution Operating Data:
Actual MWH Delivered
Residential			6,774,069				6,831,444				1	%			11,177,381				10,797,963				(3	%)
Total			20,359,540				19,840,955				(3	%)			36,929,230				34,983,263				(5	%)
Weather (average for service area):
Percentage of 10-year average:
Cooling degree days			111	%			108	%			(3	%)			113	%			109	%			(4	%)
Heating degree days			73	%			112	%			39	%			95	%			89	%			(6	%)
Number of metered customers — end of period:
Residential			1,820,092				1,846,908				1	%			1,820,092				1,846,908				1	%
Total			2,063,924				2,092,209				1	%			2,063,924				2,092,209				1	%

		Natural Gas Distribution
		Quarter Ended												Six Months Ended
		June 30,								% Diff				June 30,								% Diff
		2008				2009				Fav/(Unfav)				2008				2009				Fav/(Unfav)
Results of Operations:
Revenues		$	726			$	518				(29	%)		$	2,426			$	1,939				(20	%)
Expenses:
Natural gas			512				295				42	%			1,845				1,340				27	%
Operation and maintenance			141				152				(8	%)			297				321				(8	%)
Depreciation and amortization			39				41				(5	%)			78				81				(4	%)
Taxes other than income taxes			30				28				7	%			81				77				5	%
Total			722				516				29	%			2,301				1,819				21	%
Operating Income		$	4			$	2				(50	%)		$	125			$	120				(4	%)
Natural Gas Distribution Operating Data:
Throughput data in BCF
Residential			20				20				—				104				98				(6	%)
Commercial and Industrial			47				43				(9	%)			130				116				(11	%)
Total Throughput			67				63				(6	%)			234				214				(9	%)
Weather (average for service area)
Percentage of 10-year average:
Heating degree days			113	%			109	%			(4	%)			107	%			103	%			(4	%)
Number of customers — end of period:
Residential			2,945,460				2,961,941				1	%			2,945,460				2,961,941				1	%
Commercial and Industrial			250,993				241,875				(4	%)			250,993				241,875				(4	%)
Total			3,196,453				3,203,816				—				3,196,453				3,203,816				—

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Quarterly Report on Form 10-Q of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Results of Operations by Segment
(Millions of Dollars)
(Unaudited)

		Competitive Natural Gas Sales and Services
		Quarter Ended												Six Months Ended
		June 30,								% Diff				June 30,								% Diff
		2008				2009				Fav/(Unfav)				2008				2009				Fav/(Unfav)
Results of Operations:
Revenues		$	1,243			$	432				(65	%)		$	2,363			$	1,197				(49	%)
Expenses:
Natural gas			1,237				414				67	%			2,342				1,166				50	%
Operation and maintenance			10				10				—				18				20				(11	%)
Depreciation and amortization			—				1				—				1				2				(100	%)
Taxes other than income taxes			1				1				—				1				1				—
Total			1,248				426				66	%			2,362				1,189				50	%
Operating Income (Loss)		$	(5	)		$	6				220	%		$	1			$	8				700	%
Competitive Natural Gas Sales and Services Operating Data:
Throughput data in BCF			129				114				(12	%)			267				255				(4	%)
Number of customers — end of period			8,923				10,878				22	%			8,923				10,878				22	%

		Interstate Pipelines
		Quarter Ended												Six Months Ended
		June 30,								% Diff				June 30,								% Diff
		2008				2009				Fav/(Unfav)				2008				2009				Fav/(Unfav)
Results of Operations:
Revenues		$	192			$	155				(19	%)		$	325			$	308				(5	%)
Expenses:
Natural gas			58				34				41	%			73				63				14	%
Operation and maintenance			16				41				(156	%)			46				76				(65	%)
Depreciation and amortization			11				12				(9	%)			23				24				(4	%)
Taxes other than income taxes			6				7				(17	%)			11				15				(36	%)
Total			91				94				(3	%)			153				178				(16	%)
Operating Income		$	101			$	61				(40	%)		$	172			$	130				(24	%)
Pipelines Operating Data:
Throughput data in BCF
Transportation			361				390				8	%			785				857				9	%

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Quarterly Report on Form 10-Q of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Results of Operations by Segment
(Millions of Dollars)
(Unaudited)

		Field Services
		Quarter Ended												Six Months Ended
		June 30,								% Diff				June 30,								% Diff
		2008				2009				Fav/(Unfav)				2008				2009				Fav/(Unfav)
Results of Operations:
Revenues		$	62			$	56				(10	%)		$	120			$	113				(6	%)
Expenses:
Natural gas			8				11				(38	%)			6				18				(200	%)
Operation and maintenance			18				18				—				29				37				(28	%)
Depreciation and amortization			3				3				—				6				7				(17	%)
Taxes other than income taxes			1				1				—				2				2				—
Total			30				33				(10	%)			43				64				(49	%)
Operating Income		$	32			$	23				(28	%)		$	77			$	49				(36	%)
Field Services Operating Data:
Throughput data in BCF
Gathering			104				102				(2	%)			202				206				2	%

		Other Operations
		Quarter Ended												Six Months Ended
		June 30,								% Diff				June 30,								% Diff
		2008				2009				Fav/(Unfav)				2008				2009				Fav/(Unfav)
Results of Operations:
Revenues		$	2			$	3				50	%		$	5			$	6				20	%
Expenses			1				4				(300	%)			2				7				(250	%)
Operating Income (Loss)		$	1			$	(1	)			(200	%)		$	3			$	(1	)			(133	%)

Capital Expenditures by Segment
(Millions of Dollars)
(Unaudited)

		Quarter Ended								Six Months Ended
		June 30,								June 30,
		2008				2009				2008				2009
Capital Expenditures by Segment
Electric Transmission & Distribution		$	87			$	108			$	176			$	189
Hurricane Ike			—				2				—				18
Total Electric Transmission & Distribution			87				110				176				207
Natural Gas Distribution			56				43				94				77
Competitive Natural Gas Sales and Services			1				—				2				1
Interstate Pipelines			42				27				70				74
Field Services			28				66				46				104
Other Operations			5				2				13				9
Total		$	219			$	248			$	401			$	472

Interest Expense Detail
(Millions of Dollars)
(Unaudited)

		Quarter Ended								Six Months Ended
		June 30,								June 30,
		2008				2009				2008				2009
Interest Expense Detail
Amortization of Deferred Financing Cost		$	6			$	9			$	12			$	18
Capitalization of Interest Cost			(4	)			(1	)			(7	)			(3	)
Transition Bond Interest Expense			35				33				68				66
Other Interest Expense			112				121				225				243
Total Interest Expense		$	149			$	162			$	298			$	324

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Quarterly Report on Form 10-Q of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(Millions of Dollars)
(Unaudited)

		December 31,				June 30,
		2008				2009
ASSETS
Current Assets:
Cash and cash equivalents		$	167			$	151
Other current assets			2,868				1,777
Total current assets			3,035				1,928
Property, Plant and Equipment, net			10,296				10,524
Other Assets:
Goodwill			1,696				1,696
Regulatory assets			3,684				3,606
Other non-current assets			965				963
Total other assets			6,345				6,265
Total Assets		$	19,676			$	18,717
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities:
Short-term borrowings		$	153			$	75
Current portion of transition bond long-term debt			208				211
Current portion of other long-term debt			125				133
Other current liabilities			2,362				1,675
Total current liabilities			2,848				2,094
Other Liabilities:
Accumulated deferred income taxes, net and investment tax credit			2,632				2,627
Regulatory liabilities			821				874
Other non-current liabilities			1,172				1,254
Total other liabilities			4,625				4,755
Long-term Debt:
Transition bond			2,381				2,274
Other			7,800				7,357
Total long-term debt			10,181				9,631
Shareholders’ Equity			2,022				2,237
Total Liabilities and Shareholders’ Equity		$	19,676			$	18,717

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Quarterly Report on Form 10-Q of CenterPoint Energy, Inc.

CenterPoint Energy, Inc. and Subsidiaries
Condensed Statements of Consolidated Cash Flows
(Millions of Dollars)
(Unaudited)

		Six Months Ended June 30,
		2008				2009
Cash Flows from Operating Activities:
Net income		$	223			$	153
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization			361				374
Deferred income taxes			12				78
Write-down of natural gas inventory			—				6
Changes in net regulatory assets			14				19
Changes in other assets and liabilities			256				422
Other, net			2				4
Net Cash Provided by Operating Activities			868				1,056
Net Cash Used in Investing Activities			(700	)			(504	)
Net Cash Used in Financing Activities			(147	)			(568	)
Net Increase (Decrease) in Cash and Cash Equivalents			21				(16	)
Cash and Cash Equivalents at Beginning of Period			129				167
Cash and Cash Equivalents at End of Period		$	150			$	151

Reference is made to the Notes to the Consolidated Financial Statements
contained in the Quarterly Report on Form 10-Q of CenterPoint Energy, Inc.