EX-99 29 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, September 30,
   
  1999 2000 2001 2002 2003 2004
             
Fixed charges, as defined:            
  Total Interest $14,680 $15,891 $19,661  $27,950  $17,786 $17,562
  Interest applicable to rentals 1,281 1,008 977  1,043  910 729
             
Total fixed charges, as defined 15,961 16,899 20,638  28,993  18,696 18,291
             
Preferred dividends, as defined (a) 1,566 1,643 2,898  2,736  1,686 2,361
             
Combined fixed charges and preferred dividends, as defined $17,527 $18,542 $23,536  $31,729  $20,382 $20,652
             
Earnings as defined:            
             
  Net Income $18,961 $16,518 ($2,195) ($230) $7,859 21,110
    Add:            
      Provision for income taxes:            
        Total 13,030 11,597 (4,396) (422) 5,875 12,450
      Fixed charges as above 15,961 16,899 20,638  28,993  18,696 18,291
             
Total earnings, as defined $47,952 $45,014 $14,047  $28,341  $32,430 $51,851
             
Ratio of earnings to fixed charges, as defined 3.00 2.66 0.68  0.98  1.73 2.83
             
Ratio of earnings to combined fixed charges and            
 preferred dividends, as defined 2.74 2.43 0.60  0.89  1.59 2.51
             
             
------------------------            
(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.