EX-12 29 a12a.txt Exhibit 12(a) Entergy Arkansas, Inc. Computation of Ratios of Earnings to Fixed Charges and Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
1997 1998 1999 2000 2001 Fixed charges, as defined: Total Interest Charges $104,165 $96,685 $97,023 $101,600 $109,523 Interest applicable to rentals 17,529 15,511 17,289 16,449 14,563 ------------------------------------------------- Total fixed charges, as defined 121,694 112,196 114,312 118,049 124,086 Preferred dividends, as defined (a) 16,073 16,763 17,836 13,479 12,348 ------------------------------------------------- Combined fixed charges and preferred dividends, as defined $137,767 $128,959 $132,148 $131,528 $136,434 ================================================= Earnings as defined: Net Income $127,977 $110,951 $69,313 $137,047 $178,185 Add: Provision for income taxes: Total 59,220 71,374 54,012 100,512 105,933 Fixed charges as above 121,694 112,196 114,312 118,049 124,086 ------------------------------------------------- Total earnings, as defined $308,891 $294,521 $237,637 $355,608 $408,204 ================================================= Ratio of earnings to fixed charges, as defined 2.54 2.63 2.08 3.01 3.29 ================================================= Ratio of earnings to combined fixed charges and preferred dividends, as defined 2.24 2.28 1.80 2.70 2.99 =================================================
------------------------ (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.