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Income Statements (ENTERGY MISSISSIPPI, INC.) (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
Other operation and maintenance 712,496 700,204 1,368,245 1,402,692
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 STOCK 315,583 315,266 564,246 529,064
Entergy Mississippi
       
OPERATING REVENUES        
Electric 302,263 308,492 591,175 552,050
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 50,564 75,236 131,870 83,289
Purchased power 100,370 83,758 175,504 184,094
Other operation and maintenance 55,339 51,379 103,346 98,780
Taxes other than income taxes 17,391 16,561 34,562 32,609
Depreciation and amortization 23,167 22,275 46,154 44,380
Other regulatory charges (credits) - net 5,083 (4,521) 12,175 18,173
TOTAL 251,914 244,688 503,611 461,325
OPERATING INCOME 50,349 63,804 87,564 90,725
OTHER INCOME        
Allowance for equity funds used during construction 2,225 1,708 4,319 3,099
Interest and investment income 16 133 67 321
Miscellaneous - net (1,283) 25 (1,837) 55
TOTAL 958 1,866 2,549 3,475
INTEREST EXPENSE        
Interest expense 15,046 15,493 28,449 29,143
Allowance for borrowed funds used during construction (1,237) (953) (2,402) (1,729)
TOTAL 13,809 14,540 26,047 27,414
INCOME BEFORE INCOME TAXES 37,498 51,130 64,066 66,786
Income taxes 13,626 16,861 22,924 21,324
NET INCOME 23,872 34,269 41,142 45,462
Preferred dividend requirements and other 707 707 1,414 1,414
EARNINGS APPLICABLE TO COMMON STOCK $ 23,165 $ 33,562 $ 39,728 $ 44,048
[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.