EX-12 7 a12e.htm ENTERGY NEW ORLEANS COMPUTATION OF RATIOS OF EARNINGS
     

Exhibit 12(e)

           
Entergy New Orleans, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
           
  2002 2003 2004 2005 2006
           
Fixed charges, as defined:          
  Total Interest $27,950  $17,786 $16,610 $13,555 $19,329
  Interest applicable to rentals 1,043  910 644 426 527
           
Total fixed charges, as defined 28,993  18,696 17,254 13,981 19,856
           
Preferred dividends, as defined (a) 2,736  1,686 1,545 1,172 2,501
           
Combined fixed charges and preferred dividends, as defined $31,729  $20,382 $18,799 $15,153 $22,357
           
Earnings as defined:          
           
  Net Income (loss) ($230) $7,859 $28,072 $1,250 $5,344
  Add:          
    Provision for income taxes:          
      Total (422) 5,875 16,868 1,790 5,051
    Fixed charges as above 28,993  18,696 17,254 13,981 19,856
           
Total earnings, as defined $28,341  $32,430 $62,194 $17,021 $30,251
           
Ratio of earnings to fixed charges, as defined (b) 0.98  1.73 3.60 1.22 1.52
           
Ratio of earnings to combined fixed charges and          
 preferred dividends, as defined (b) 0.89  1.59 3.31 1.12 1.35
           
           
------------------------          
(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, 2002 were not adequate to cover combined fixed charges and preferred dividends by $0.7 million and $3.4 million, respectively.