EX-99 2 a0870199a.txt Exhibit 99(a)
Entergy Arkansas, Inc. Computation of Ratios of Earnings to Fixed Charges and Ratios of Earnings to Combined Fixed Charges and Preferred Dividends Twelve Months Ended March 31, 1996 1997 1998 1999 2000 2001 Fixed charges, as defined: Total Interest Charges $106,716 $104,165 $96,685 $97,023 $101,600 $104,223 Interest applicable to rentals 19,121 17,529 15,511 17,289 16,449 15,101 ---------------------------------------------------------- Total fixed charges, as defined 125,837 121,694 112,196 114,312 118,049 $119,324 Preferred dividends, as defined (a) 24,731 16,073 16,763 17,836 13,479 13,557 ---------------------------------------------------------- Combined fixed charges and preferred dividends, as defined $150,568 $137,767 $128,959 $132,148 $131,528 $132,881 ========================================================== Earnings as defined: Net Income $157,798 $127,977 $110,951 $69,313 $137,047 $130,711 Add: Provision for income taxes: Total 84,445 59,220 71,374 54,012 100,512 97,295 Fixed charges as above 125,837 121,694 112,196 114,312 118,049 119,324 ---------------------------------------------------------- Total earnings, as defined $368,080 $308,891 $294,521 $237,637 $355,608 $347,330 ========================================================== Ratio of earnings to fixed charges, as defined 2.93 2.54 2.63 2.08 3.01 2.91 ========================================================== Ratio of earnings to combined fixed charges and preferred dividends, as defined 2.44 2.24 2.28 1.80 2.70 2.61 ========================================================== ------------------------ (a) "Preferred dividends," as defined by SEC regulation S-K, are computed by dividing the preferred dividend requirement by one hundred percent (100%) minus the income tax rate.