EX-99 7 a1200299b.txt
Exhibit 99(b) Entergy Gulf States, 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, 1997 1998 1999 2000 2001 2002 Fixed charges, as defined: Total Interest charges $180,073 $178,220 $153,034 $158,949 $174,368 $166,683 Interest applicable to rentals 15,747 16,927 16,451 18,307 18,520 18,440 --------------------------------------------------------- Total fixed charges, as defined 195,820 195,147 169,485 177,256 192,888 185,123 Preferred dividends, as defined (a) 30,028 32,031 29,355 15,742 13,017 12,940 --------------------------------------------------------- Combined fixed charges and preferred dividends, as defined $225,848 $227,178 $198,840 $192,998 $205,905 $198,063 ========================================================= Earnings as defined: Income (loss) from continuing operations before extraordinary items and the cumulative effect of accounting changes $59,976 $46,393 $125,000 $180,343 $179,444 $148,436 Add: Income Taxes 22,402 31,773 75,165 103,603 82,038 64,762 Fixed charges as above 195,820 195,147 169,485 177,256 192,888 185,123 --------------------------------------------------------- Total earnings, as defined (b) $278,198 $273,313 $369,650 $461,202 $454,370 $398,321 ========================================================= Ratio of earnings to fixed charges, as defined 1.42 1.40 2.18 2.60 2.36 2.15 ========================================================= Ratio of earnings to combined fixed charges and preferred dividends, as defined 1.23 1.20 1.86 2.39 2.21 2.01 ========================================================= (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.