Exhibit 12.03
Entergy Arkansas, Inc.
Computation of Ratios of Earnings to Fixed Charges
	Six Months
	Ended June 30,
	2013	2012
	(Dollars in Thousands)
Fixed charges, as defined:
Total Interest Charges	$46,037	$41,175
Interest applicable to rentals	2,723	2,884
Total fixed charges, as defined	$48,760	$44,059
Earnings, as defined:
Net Income	$55,202	$59,629
Add:
Provision for income taxes	44,638	36,949
Fixed charges as above	48,760	44,059
Total earnings, as defined	$148,600	$140,637
Ratio of earnings to fixed charges, as defined	3.05	3.19