Income Statements (SYSTEM ENERGY RESOURCES, 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
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 AND OTHER CHARGES
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]
System Energy
OPERATING REVENUES
Electric	129,120	124,419	257,515		253,002
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	19,485	12,307	39,175		27,265
Nuclear refueling outage expenses	4,067	4,545	8,089		9,218
Other operation and maintenance	34,886	31,405	63,843		60,290
Decommissioning	7,614	7,772	15,816		15,406
Taxes other than income taxes	5,790	6,058	11,213		12,089
Depreciation and amortization	25,583	24,930	54,246		53,301
Other regulatory charges (credits) - net	(2,301)	(4,890)	(5,250)		(5,615)
TOTAL	95,124	82,127	187,132		172,314
OPERATING INCOME	33,996	42,292	70,383		80,688
OTHER INCOME
Allowance for equity funds used during construction	5,376	2,414	9,521		4,232
Interest and investment income	2,508	1,236	5,049		6,622
Miscellaneous - net	(145)	(97)	(249)		(229)
TOTAL	7,739	3,553	14,321		10,625
INTEREST AND OTHER CHARGES
Interest expense	7,736	12,411	19,125		22,720
Allowance for borrowed funds used during construction	(1,563)	(835)	(2,916)		(1,465)
TOTAL	6,173	11,576	16,209		21,255
INCOME BEFORE INCOME TAXES	35,562	34,269	68,495		70,058
Income taxes	13,576	13,827	27,173		29,003
NET INCOME	$ 21,986	$ 20,442	$ 41,322		$ 41,005

[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.