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Income Statements (ENTERGY LOUISIANA, LLC) (Unaudited) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
OPERATING REVENUES        
Electric $ 2,212,038 $ 2,214,108 $ 4,077,936 $ 4,221,038
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 563,333 631,546 1,071,026 1,190,214
Purchased power 451,227 416,458 813,845 891,361
Nuclear refueling outage expenses 62,966 64,221 126,951 126,510
Other operation and maintenance 712,496 700,204 1,368,245 1,402,692
Decommissioning 55,497 52,467 110,762 104,043
Taxes other than income taxes 129,215 126,968 254,449 262,380
Depreciation and amortization 264,206 255,567 529,090 524,771
Other regulatory charges (credits) - net 5,601 (10,722) 491 17,370
TOTAL 2,244,541 2,236,709 4,274,859 4,519,341
OPERATING INCOME 558,738 626,241 1,069,629 1,102,955
OTHER INCOME        
Allowance for equity funds used during construction 20,753 17,630 38,042 30,926
Interest and investment income 35,921 34,955 62,668 83,164
Miscellaneous - net (16,962) (16,780) (26,360) (17,302)
TOTAL 39,712 35,805 74,350 96,788
INTEREST EXPENSE        
Interest expense 136,049 148,179 272,183 327,379
Allowance for borrowed funds used during construction (9,150) (10,323) (17,684) (18,325)
TOTAL 126,899 137,856 254,499 309,054
INCOME BEFORE INCOME TAXES 471,551 524,190 889,480 890,689
Income taxes 150,953 203,907 315,203 351,592
Net income 320,598 320,283 574,277 [1] 539,097 [1]
Preferred dividend requirements and other 5,015 5,017 10,031 10,033
EARNINGS APPLICABLE TO COMMON EQUITY 315,583 315,266 564,246 529,064
Entergy Louisiana
       
OPERATING REVENUES        
Electric 651,847 619,473 1,167,281 1,230,997
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 143,532 143,426 228,757 302,675
Purchased power 230,546 212,402 430,924 432,475
Nuclear refueling outage expenses 6,706 6,172 14,181 12,270
Other operation and maintenance 106,439 104,706 212,804 206,686
Decommissioning 6,108 5,688 12,109 11,275
Taxes other than income taxes 18,345 15,158 35,084 33,158
Depreciation and amortization 51,777 47,291 101,423 97,518
Other regulatory charges (credits) - net (8,254) (5,485) (12,210) (11,503)
TOTAL 555,199 529,358 1,023,072 1,084,554
OPERATING INCOME 96,648 90,115 144,209 146,443
OTHER INCOME        
Allowance for equity funds used during construction 8,277 6,990 15,651 13,527
Interest and investment income 23,716 18,566 44,126 34,908
Miscellaneous - net (134) (1,250) (656) (2,072)
TOTAL 31,859 24,306 59,121 46,363
INTEREST EXPENSE        
Interest expense 30,700 30,152 59,335 61,189
Allowance for borrowed funds used during construction (4,306) (4,668) (8,403) (9,036)
TOTAL 26,394 25,484 50,932 52,153
INCOME BEFORE INCOME TAXES 102,113 88,937 152,398 140,653
Income taxes 27,010 27,678 36,997 42,562
Net income 75,103 61,259 115,401 98,091
Preferred dividend requirements and other 1,738 1,738 3,475 3,475
EARNINGS APPLICABLE TO COMMON EQUITY $ 73,365 $ 59,521 $ 111,926 $ 94,616
[1] Consolidated net income and preferred dividend requirements of subsidiaries for both 2010 and 2011 include $6.6 million of preferred dividends on subsidiaries' preferred stock without sinking fund that is not presented as equity.