EX-12 32 a12d.txt Exhibit 12(d) Entergy Mississippi, 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 $45,274 $40,927 $38,840 $44,877 $50,991 Interest applicable to rentals 1,947 1,864 2,261 1,596 1,849 -------------------------------------------------- Total fixed charges, as defined 47,221 42,791 41,101 46,473 52,840 Preferred dividends, as defined (a) 5,123 4,878 4,878 5,347 4,674 -------------------------------------------------- Combined fixed charges and preferred dividends, as defined $52,344 $47,669 $45,979 $51,820 $57,514 ================================================== Earnings as defined: Net Income $66,661 $62,638 $41,588 $38,973 $39,620 Add: Provision for income taxes: Total income taxes 26,744 28,031 17,537 22,868 20,464 Fixed charges as above 47,221 42,791 41,101 46,473 52,840 -------------------------------------------------- Total earnings, as defined $140,626 $133,460 $100,226 $108,314 $112,924 ================================================== Ratio of earnings to fixed charges, as defined 2.98 3.12 2.44 2.33 2.14 ================================================== Ratio of earnings to combined fixed charges and preferred dividends, as defined 2.69 2.80 2.18 2.09 1.96 ==================================================
------------------------ (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.