EX-99 30 a99e.htm
           Exhibit 99(e)
             
Entergy New Orleans, Inc. 
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends 
  Twelve Months Ended
  December 31, June 31,
   
  1999 2000 2001 2002 2003 2004
             
Fixed charges, as defined:            
Total Interest $14,680 $15,891 $19,661  $27,950  $17,786 $18,044
Interest applicable to rentals 1,281 1,008 977  1,043  910 816
             
Total fixed charges, as defined 15,961 16,899 20,638  28,993  18,696 18,860
             
Preferred dividends, as defined (a) 1,566 1,643 2,898  2,736  1,686 1,631
             
Combined fixed charges and preferred dividends, as defined $17,527 $18,542 $23,536  $31,729  $20,382 $20,491
             
Earnings as defined:            
             
Net Income $18,961 $16,518 ($2,195) ($230) $7,859 22,039
Add:            
Provision for income taxes:            
Total 13,030 11,597 (4,396) (422) 5,875 14,210
Fixed charges as above 15,961 16,899 20,638  28,993  18,696 18,860
             
Total earnings, as defined $47,952 $45,014 $14,047  $28,341  $32,430 $55,109
             
Ratio of earnings to fixed charges, as defined 3.00 2.66 0.68  0.98  1.73 2.92
             
Ratio of earnings to combined fixed charges and            
preferred dividends, as defined 2.74 2.43 0.60  0.89  1.59 2.69
             
             
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(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.
             
             
(b) For Entergy New Orleans, earnings for the twelve months ended December 31, 2001 were not adequate to cover fixed charges and combined fixed charges and preferred dividends by $6.6 million and $9.5 million, respectively.
             
(c) For Entergy New Orleans, earnings for the twelve months ended December 31, 2002 were not adequate to cover combined fixed charges and preferred dividends by $0.7 million and $3.4 million, respectively.