ENTERGY STATISTICAL REPORT

AND INVESTOR GUIDE

2010

Entergy is a point-of-view-driven company with a sustainable approach to business. We use sophisticated analyses to develop informed points of view on key issues that affect our business. Our points of view are dynamic, changing with market conditions, and they determine our strategies. We also consider sustainability when setting our strategies by evaluating and optimizing their safety, economic, environmental and societal impact. We believe we must make progress simultaneously along multiple dimensions to truly succeed for all our stakeholders. We have assembled the statistics and facts in this report to support your review and analysis of Entergy’s results over the last five years. This information is available in two electronic files, Excel and PDF in order to facilitate easier access and analysis.

Entergy Investor Relations

Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States. Entergy delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 15,000 employees.

TABLE OF CONTENTS

	Excel Tab
ABOUT THIS PUBLICATION		Page 2
FORWARD-LOOKING INFORMATION		Page 2
FINANCIAL MEASURES		Page 2
ENTERGY AT A GLANCE		Pages 3 – 4
EXECUTIVE PROFILES		Pages 5 – 6
ENTERGY CORPORATION AND SUBSIDIARIES
Selected Financial and Operating Data		Page 7
Selected Financial Data		Page 7
Utility Electric Operating Data		Page 7
Entergy Wholesale Commodities Operating Data		Page 7
Employees		Page 7
Owned and Leased Capability		Page 7
Consolidated Quarterly Financial Metrics		Page 8
Consolidated Annual Financial Metrics		Page 8
Consolidated Financial Results		Page 9
Consolidated Quarterly Results		Page 9
Consolidated Quarterly Special Items		Page 10
Consolidated Annual Results		Page 11
Consolidated Annual Special Items		Page 12
Description of Consolidated Special Items		Page 13
Consolidated Statements of Income		Page 14
Consolidating Income Statement		Page 15
Consolidated Balance Sheets		Pages 16 –17
Consolidating Balance Sheet		Pages 18 –19
Consolidated Statements of Cash Flow		Pages 20 –21
Cash Flow Information by Business		Page 21
Consolidated Statements of Changes in Equity and Comprehensive Income		Page 22
Consolidated Capital Expenditures		Page 23
Entergy Corporation Securities Detail		Page 23
Entergy Corporation Long-Term Debt		Page 23
Securities Ratings (Outlook)		Page 23
UTILITY
Utility Quarterly Financial Metrics		Page 24
Utility Annual Financial Metrics		Page 24
Utility Securities Ratings (Outlook)		Page 24
Utility Historical Capital Expenditures		Page 24
Utility Planned Capital Expenditures		Page 25
Utility Financial Results		Page 25
Utility Consolidating Income Statement		Page 25
Utility Consolidating Balance Sheet		Pages 26 –27
Utility Selected Annual Financial Metrics		Pages 28 –30

Note: The Excel Tab labels correspond to the page numbers in the PDF version of the 2010 Statistical Report.

	Excel Tab
UTILITY SECURITIES DETAIL		Page 31
Utility Long-Term Debt and Preferred Stock		Page 31
Entergy Arkansas, Inc.		Page 31
Entergy Gulf States Louisiana, L.L.C.		Page 32
Entergy Louisiana, LLC		Page 33
Entergy Mississippi, Inc.		Page 34
Entergy New Orleans, Inc.		Page 34
Entergy Texas, Inc.		Page 35
System Energy Resources, Inc.		Page 35
UTILITY STATISTICAL INFORMATION		Page 36
Utility Total Capability		Page 36
Utility Selected Operating Data		Page 36
Utility Consolidating Information		Page 37
Entergy Arkansas, Inc.		Pages 38 – 39
Entergy Gulf States Louisiana, L.L.C.		Pages 40 and 42
Entergy Texas, Inc.		Pages 41 and 42
Entergy Louisiana, LLC		Pages 43 – 44
Entergy Mississippi, Inc.		Pages 45 – 46
Entergy New Orleans, Inc.		Pages 47 – 48
System Energy Resources, Inc.		Page 48
Utility Nuclear Plant Statistics		Page 49
UTILITY REGULATORY INFORMATION		Page 50
Regulatory Commissions		Page 50
Commission/Council Members		Page 50
Select Utility Regulatory Mechanisms		Page 51
Utility Electric and Gas Fuel Recovery Mechanisms		Page 52
ENTERGY WHOLESALE COMMODITIES
EWC Quarterly Financial Metrics		Page 53
EWC Annual Financial Metrics		Page 53
EWC Quarterly Operational Metrics		Page 53
EWC Annual Operational Metrics		Page 53
EWC Total Capacity		Page 53
EWC Nuclear Plant Statistics		Page 54
EWC Nuclear Plant Uprates		Page 54
EWC Non-Nuclear Wholesale Assets Plant Statistics		Page 54
EWC Non-Nuclear Wholesale Assets Plant Emissions		Page 54
EWC Nuclear Securities Detail		Page 55
EWC Non-Nuclear Wholesale Assets Securities Detail		Page 55
DEFINITIONS OF OPERATIONAL MEASURES AND GAAP AND NON-GAAP FINANCIAL MEASURES		Page 56
REG G RECONCILIATIONS
Pro Forma Financial Results		Pages 57 – 61
Financial Measures		Pages 62 – 72
2009 RESTATED FINANCIALS		Pages 73 – 75
INVESTOR INFORMATION		Page 76

ABOUT THIS PUBLICATION

This publication is unaudited and should be used in conjunction with Entergy’s 2010 Annual Report to Shareholders and Form 10-K filed with the Securities and Exchange Commission. It has been prepared for information purposes and is not intended for use in connection with any sale or purchase of, or any offer to buy, any securities of Entergy Corporation or its subsidiaries.

FORWARD-LOOKING INFORMATION

In this report and from time to time, Entergy Corporation makes statements concerning its expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “could,” “project,” “believe,” “anticipate,” “intend,” “expect,” “estimate,” “continue,” “potential,” “plan,” “predict,” “forecast,” and other similar words or expressions are intended to identify forward-looking statements but are not the only means to identify these statements. Although Entergy believes that these forward-looking statements and the underlying assumptions are reasonable, it cannot provide assurance that they will prove correct. Any forward-looking statement is based on information current as of the date of this report and speaks only as of the date on which such statement is made. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements involve a number of risks and uncertainties. There are factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, including those factors discussed or incorporated by reference in (a) Item 1A. Risk Factors in the 2010 Form 10-K, (b) Management’s Financial Discussion and Analysis in the 2010 Form 10-K, and (c) the following factors (in addition to others described elsewhere in this report and in subsequent securities filings):

• resolution of pending and future rate cases and negotiations, including various performance-based rate discussions, and other regulatory proceedings, including those related to Entergy’s System Agreement or any successor agreement or arrangement, Entergy’s utility supply plan, recovery of storm costs, and recovery of fuel and purchased power costs

• changes in utility regulation, including the beginning or end of retail and wholesale competition, the ability to recover net utility assets and other potential stranded costs, the operations of the independent coordinator of transmission for Entergy’s utility service territory and transition to a successor or alternative arrangement, including possible participation in a regional transmission organization, and the application of more stringent transmission reliability requirements or market power criteria by the Federal Energy Regulatory Commission (FERC)

• changes in regulation of nuclear generating facilities and nuclear materials and fuel, including possible shutdown of nuclear generating facilities, particularly those owned or operated by the Entergy Wholesale Commodities business, and the effects of new or existing safety concerns regarding nuclear power plants and nuclear fuel

• resolution of pending or future applications for license renewals or modifications of nuclear generating facilities

• the performance of and deliverability of power from Entergy’s generation resources, including the capacity factors at its nuclear generating facilities

• Entergy’s ability to develop and execute on a point of view regarding future prices of electricity, natural gas, and other energy-related commodities

• prices for power generated by Entergy’s merchant generating facilities, the ability to hedge, sell power forward or otherwise reduce the market price risk associated with those facilities, including the Entergy Wholesale Commodities nuclear plants

• the prices and availability of fuel and power Entergy must purchase for its Utility customers, and Entergy’s ability to meet credit support requirements for fuel and power supply contracts

• volatility and changes in markets for electricity, natural gas, uranium, and other energy-related commodities

• changes in law resulting from federal or state energy legislation or legislation subjecting energy derivatives used in hedging and risk management transactions to governmental regulation

• changes in environmental, tax, and other laws, including requirements for reduced emissions of sulfur, nitrogen, carbon, mercury, and other substances, and changes in costs of compliance with environmental and other laws and regulations

• uncertainty regarding the establishment of interim or permanent sites for spent nuclear fuel and nuclear waste storage and disposal

• variations in weather and the occurrence of hurricanes and other storms and disasters, including uncertainties associated with efforts to remediate

the effects of hurricanes and ice storms and the recovery of costs associated with restoration, including accessing funded storm reserves, federal and local cost recovery mechanisms, securitization, and insurance

• effects of climate change

• Entergy’s ability to manage its capital projects and operation and maintenance costs

• Entergy’s ability to purchase and sell assets at attractive prices and on other attractive terms

• the economic climate, and particularly economic conditions in Entergy’s Utility service territory and the Northeast United States and events that could influence economic conditions in those areas

• the effects of Entergy’s strategies to reduce tax payments

• changes in the financial markets, particularly those affecting the availability of capital and Entergy’s ability to refinance existing debt, execute share repurchase programs, and fund investments and acquisitions

• actions of rating agencies, including changes in the ratings of debt and preferred stock, changes in general corporate ratings, and changes in the rating agencies’ ratings criteria

• changes in inflation and interest rates

• the effect of litigation and government investigations or proceedings

• advances in technology

• the potential effects of threatened or actual terrorism and war or a catastrophic event such as a nuclear accident or a natural gas pipeline explosion

• Entergy’s ability to attract and retain talented management and directors

• changes in accounting standards and corporate governance

• declines in the market prices of marketable securities and resulting funding requirements for Entergy’s defined benefit pension and other postretirement benefit plans

• changes in decommissioning trust fund values or earnings or in the timing of or cost to decommission nuclear plant sites

• factors that could lead to impairment of long-lived assets

• the ability to successfully complete merger, acquisition, or divestiture plans, regulatory or other limitations imposed as a result of merger, acquisition, or divestiture, and the success of the business following a merger, acquisition, or divestiture

FINANCIAL MEASURES

Financial performance measures shown in this report include those calculated and presented in accordance with generally accepted accounting principles (GAAP), as well as those that are considered non-GAAP measures. This report includes non-GAAP measures of operational earnings, operational return on average invested capital, operational return on average common or members’ equity, operational net margin, operational price to earnings ratio and operational common dividend payout ratio, as well as gross liquidity, net debt to net capital, net debt to net capital with off-balance sheet liabilities, pro forma financial results reflecting reconsolidation of Entergy New Orleans, Inc., and pro forma financial results and financial measures (average common equity, return on average common equity, debt to capital ratio, cash flow interest coverage) reflecting the jurisdictional separation of Entergy Gulf States, Inc. into Entergy Gulf States Louisiana, L.L.C. and Entergy Texas, Inc., when describing Entergy’s results of operations and financial performance. We have prepared reconciliations of these measures to the most directly comparable GAAP measures. Reconciliations can be found on pages 9, 11, and 57 – 72.

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ENTERGY AT A GLANCE

CORPORATE STRUCTURE

CORPORATE PROFILE

Entergy Corporation is a Fortune 500 integrated energy company engaged primarily in electric power production and retail distribution operations.

• Approximately 30,000 MW electric generating capacity

• 2nd-largest U.S. nuclear generator

• 2.7 million utility customers

• More than $11 billion annual revenues

• Approximately 15,000 employees

• 104 electric generating units operated

BUSINESS SEGMENTS

Entergy’s five year results in this report are presented in three business segments:

• Utility

• Entergy Wholesale Commodities

• Parent and Other

3

ENTERGY CORPORATION AND SUBSIDIARIES BUSINESS SEGMENTS (CONTINUED)

UTILITY

Entergy’s utility companies generate, transmit, distribute, and sell electric power, and operate a small natural gas distribution business.

• Six electric utilities with 2.7 million customers

• Four states – Arkansas, Louisiana, Mississippi, Texas

• 21,000 MW generating capacity

• Two gas utilities with 191,000 customers

ENTERGY ARKANSAS, INC. (EAI)

Entergy Arkansas generates, transmits, distributes, and sells electric power to 693,000 retail customers in portions of Arkansas.

ENTERGY GULF STATES LOUISIANA, L.L.C. (EGSL)^(a)

Entergy Gulf States Louisiana generates, transmits, distributes, and sells electric power to 381,000 retail customers in portions of Louisiana. Entergy Gulf States Louisiana also provides natural gas utility service to 92,000 customers in the Baton Rouge, Louisiana area.

ENTERGY LOUISIANA, LLC (ELL)

Entergy Louisiana generates, transmits, distributes, and sells electric power to 667,000 retail customers in portions of Louisiana.

ENTERGY MISSISSIPPI, INC. (EMI)

Entergy Mississippi generates, transmits, distributes, and sells electric power to 437,000 retail customers in portions of Mississippi.

ENTERGY NEW ORLEANS, INC. (ENOI)^(b)

Entergy New Orleans generates, transmits, distributes, and sells electric power to 157,000 retail customers in the city of New Orleans, Louisiana. Entergy New Orleans also provides natural gas utility service to 99,000 customers in the city of New Orleans.

ENTERGY TEXAS, INC. (ETI)^(a)

Entergy Texas generates, transmits, distributes, and sells electric power to 408,000 retail customers in portions of Texas.

SYSTEM ENERGY RESOURCES, INC. (SERI)

System Energy owns or leases 90 percent of the Grand Gulf 1 nuclear generating facility. System Energy sells power and capacity from Grand Gulf 1 at wholesale to Entergy Arkansas (36%), Entergy Louisiana (14%), Entergy Mississippi (33%), and Entergy New Orleans (17%).

UTILITY NUCLEAR PLANTS

Entergy owns and operates five nuclear units at four plant sites to serve its regulated utility business: Arkansas Nuclear One (ANO) Units 1 and 2 near Russellville, Arkansas; Grand Gulf Nuclear Station in Port Gibson, Mississippi; River Bend Station in St. Francisville, Louisiana; and Waterford 3 in Taft, Louisiana.

ENTERGY WHOLESALE COMMODITIES

Entergy’s wholesale commodities business owns and operates six nuclear units in the northern United States. This business is primarily focused on selling power produced by those plants to wholesale customers. This business also provides operations and management services to nuclear power plants owned by other utilities.

• Six units in northern U.S.

• Pilgrim Nuclear Station in Plymouth, Massachusetts

• James A. FitzPatrick in Oswego, New York

• Indian Point Units 2 and 3 in Buchanan, New York

• Vermont Yankee in Vernon, Vermont

• Palisades Nuclear Energy Plant in South Haven, Michigan

• 4,998 MW owned generating capacity

• 800 MW under management services contract

• Cooper Nuclear Station located near Brownville, Nebraska

• Contracts (ongoing and completed) with other nuclear facility owners to provide decommissioning and license renewal services

Entergy’s wholesale commodities business also owns interests in non-nuclear power plants that sell the electric power produced by those plants to wholesale customers while it focuses on improving operating and financial performance of these plants, consistent with Entergy’s market-based point of view.

• 1,018 net MW generating capacity as of 12/31/2010^(c)

(a) Effective December 31, 2007, Entergy Gulf States, Inc. completed a jurisdictional separation into two vertically integrated utility companies, one operating under the sole retail jurisdiction of the PUCT, Entergy Texas, Inc., and the other operating under the sole retail jurisdiction of the LPSC, Entergy Gulf States Louisiana, L.L.C., Entergy Gulf States Louisiana, L.L.C. is the successor for financial reporting purposes to Entergy Gulf States, Inc.

(b) On September 23, 2005, Entergy New Orleans filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code to protect its customers and ensure continued progress in restoring power and gas service to New Orleans after Hurricane Katrina. As a result of the bankruptcy filing, Entergy discontinued the consolidation of Entergy New Orleans retroactive to January 1, 2005. Entergy New Orleans emerged from Chapter 11 bankruptcy effective May 8, 2007, pursuant to the Confirmation Order from the Bankruptcy Court confirming Entergy New Orleans’ Plan of Reorganization. With confirmation of the plan of reorganization, Entergy reconsolidated Entergy New Orleans in the second quarter 2007, retroactive to January 1, 2007.

(c) In fourth quarter 2010, Entergy sold its 61 percent share of the Harrison County 550 MW combined cycle gas-fired power plant.

4

ENTERGY CORPORATION AND SUBSIDIARIES EXECUTIVE PROFILES

WAYNE LEONARD – CHAIRMAN AND CHIEF EXECUTIVE OFFICER

Wayne Leonard became Entergy’s chairman and chief executive officer on August 1, 2006 after serving as chief executive officer since January 1, 1999. Leonard joined Entergy in April 1998 as president and chief operating officer of the company’s domestic business, and he assumed additional responsibility for international operations in August 1998. At year-end 2010, Entergy’s overall performance, as measured by total shareholder return, has exceeded all but one of the companies in the Philadelphia Utility Index over Leonard’s twelve-year tenure as chief executive officer. In 2010, for the ninth consecutive year, Entergy was named to the Dow Jones Sustainability World Index and the only U.S. utility to be so honored. Institutional Investor magazine ranked Leonard the top CEO in the power industry and Entergy the top electric utility in the country in 2010. In 2008, Entergy received a Platts Award of Excellence for its standout performance year after year over the past decade. In 2002 and 2005 Entergy was honored to receive the electric power industry’s highest honor, the Edison Award, from the Edison Electric Institute. The Platts Global Energy Awards named Leonard 2003 CEO of the Year and Leonard has been a CEO of the Year finalist for an unprecedented ten consecutive years. Prior to joining Entergy, Leonard was president of Cinergy’s Energy Commodities Strategic Business Unit and president of Cinergy Capital Trading.

LEO DENAULT – EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER

Leo Denault became executive vice president and chief financial officer in February 2004. He is responsible for corporate-wide finance, accounting, tax, treasury, investor relations, corporate development and planning activities, as well as information technology. Denault was named to Institutional Investor magazine’s “2010 All-America Executive Team” and was ranked as the best CFO in the power industry in 2010 and 2009. Denault was previously vice president of corporate development and strategic planning. Denault joined Entergy in March 1999 as vice president, corporate development. Denault assumed responsibility for the areas of strategic planning, the Office of the Chief Risk Officer, and strategic pricing and transmission services in 2002. Prior to joining Entergy, Denault was vice president of corporate development at Cinergy Corporation, where he reviewed every major investment transaction, including the acquisition of generation, distribution and trading businesses in the United States and abroad.

ROD WEST – EXECUTIVE VICE PRESIDENT AND CHIEF ADMINISTRATIVE OFFICER

Rod West became executive vice president and chief administrative officer in June 2010. He is responsible for the legal, human resources and administration, public affairs, federal policy, regulatory and governmental affairs, and corporate communications departments. West previously served as president and chief executive officer of Entergy New Orleans, Inc. after serving as director of electric distribution operations. During his tenure at Entergy New Orleans, West was credited with managing the rebuild of critical aspects of the New Orleans infrastructure after Hurricane Katrina, and for leading Entergy New Orleans out of bankruptcy after the storm. Prior to joining Entergy in April 1999 as senior regulatory counsel, West was senior attorney in the New Orleans office of Vial, Hamilton, Koch and Knox, L.L.P., having previously spent five years with the New Orleans-based firm of Jones, Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P.

RICK SMITH – PRESIDENT, ENTERGY WHOLESALE COMMODITIES BUSINESS

Rick Smith became president of Entergy’s wholesale commodities business in June 2010. His organization is aimed at strengthening local regulatory presence in the Northeast and consolidating commercial and risk functions for Entergy’s wholesale commodities business associated with non-utility generation. Smith previously served as president and chief operating officer from April 2007 until June 2010. Prior to being named president and COO, Smith was group president of utility operations. Smith joined Entergy in September 1999 as senior vice president, transition management and later served as president of retail operations. Prior to joining Entergy, Smith was president of Cinergy Resources, Inc., a non-regulated retail supply business. Prior to that, he served for three years as vice president of finance for Cinergy’s Energy Services business unit.

GARY TAYLOR – GROUP PRESIDENT, UTILITY OPERATIONS

Gary Taylor became group president, utility operations in April 2007. He is responsible for the regulated utility financial results, along with operational results of electric and natural gas distribution and customer service. In addition, Taylor oversees utility regulatory support and regulated retail activities. He joined Entergy in March 2000 as chief operating officer of Entergy’s Nuclear South region and became chief executive officer of Entergy’s nuclear business in April 2003. Prior to joining Entergy, Taylor had been vice president of nuclear operations at South Carolina Electric & Gas Company, a subsidiary of SCANA Corporation, since 1995.

MARK SAVOFF – EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER

Mark Savoff became chief operating officer in June 2010. He is responsible for nuclear operations as well as the business operations of energy delivery (transmission), fossil generation, supply chain, safety and environment, system planning and operations, critical infrastructure and performance management. Savoff is also responsible for driving five key initiatives within the company: safety, compliance, environmental policy (climate change), generation portfolio transformation and Entergy Continuous Improvement. Prior to being named COO, Savoff served as executive vice president of operations, a position he held since joining the company in December 2003. Prior to joining Entergy, Savoff was vice president and corporate officer at GE Power Systems, Nuclear Energy. Before assuming his role as vice president, Nuclear Energy, he was General Manager of GE’s global nuclear fuel business and led the turnaround of GE’s global nuclear services business. He also served as president, Reuter-Stokes, a GE subsidiary.

JOHN HERRON – PRESIDENT, CEO & CHIEF NUCLEAR OFFICER

John Herron became president, CEO, and chief nuclear officer of Entergy Nuclear in December 2009. He is responsible for all of Entergy’s nuclear plants located throughout New York, Massachusetts, Vermont, Michigan, Louisiana, Mississippi and Arkansas, as well as management of the Cooper Nuclear Station for the State of Nebraska. Herron was previously senior vice president for nuclear operations. Herron joined Entergy in 2001 as vice president, operations at Waterford 3. He then moved to New York as senior vice president of Indian Point in February 2002. Herron began his career in nuclear operations in 1979 at Vermont Yankee. In 1994, he became plant manager at Cooper Nuclear Station. He then joined Tennessee Valley Authority as plant manager at Sequoyah Nuclear Plant and then site vice president at TVA’s Browns Ferry Nuclear Plant.

5

ENTERGY CORPORATION AND SUBSIDIARIES EXECUTIVE PROFILES (CONTINUED)

BOB SLOAN – EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY

Bob Sloan became executive vice president, general counsel and secretary in 2003. Before joining Entergy, Sloan was vice president and general counsel at GE Industrial Systems. Prior to his role at GE Industrial Systems, Sloan was a managing partner in the Brussels office of McKenna and Cuneo LLP. Sloan was previously vice president and director of the Sovereign Credit Management Division at the First National Bank of Chicago and later a partner with the Pepper, Hamilton & Sheetz law firm in Washington, D.C. He also was general counsel of the Multinational Force and Observers. Sloan also worked on nuclear non-proliferation and politico-military matters in the U.S. State Department’s Office of Legal Adviser. Prior to this position, he was general counsel to the Minority at the U. S. Senate Permanent Subcommittee on Investigations.

RENAE CONLEY – EXECUTIVE VICE PRESIDENT, HUMAN RESOURCES AND ADMINISTRATION

Renae Conley became executive vice president, human resources and administration in January 2011. She is also Entergy’s chief diversity and inclusion officer and a member of the office of the chief executive. Conley previously served as president and chief executive officer of Entergy’s Louisiana utilities between 2000 and 2010. Entergy Louisiana and Entergy Gulf States Louisiana together serve over one million customers, and comprise the largest electric utility in the state. Prior to joining Entergy in 1999 as vice president of investor relations, Conley was president of Cincinnati Gas & Electric Company, a subsidiary of Cinergy Corp. Conley also served as president and CEO of Cadence, a joint venture of Cinergy and other utilities that provides energy management services.

ENTERGY CORPORATION AND SUBSIDIARIES UTILITY OPERATING COMPANY PRESIDENTS

JOE DOMINO – PRESIDENT & CEO, ENTERGY TEXAS

Joe Domino became president and CEO of Entergy Texas in 1998. He is responsible for Entergy Texas’ electric distribution system, transmission system maintenance and construction, customer service, economic development, regulatory and governmental affairs. Prior to being named president, he served as director of Entergy’s distribution operations in Texas and Southwest Louisiana. Domino joined Gulf States Utilities in 1970 as a planning engineer and was appointed director of Southern Region fossil plants in 1994.

HALEY FISACKERLY – PRESIDENT & CEO, ENTERGY MISSISSIPPI

Haley Fisackerly became president and CEO of Entergy Mississippi in June 2008. He is responsible for Entergy Mississippi’s electric distribution system, transmission system maintenance and construction, customer service, economic development, regulatory and governmental affairs. Prior to being named president, Fisackerly was vice president of governmental and regulatory affairs for Entergy Nuclear. Prior to that, he was Entergy Mississippi’s vice president of customer operations. Fisackerly joined Entergy in 1995 in federal governmental affairs in Washington D.C. and later moved to Little Rock, AR, where he was director of system regulatory strategy. Prior to joining Entergy, Fisackerly served for several years on the staff of U.S. Senator Thad Cochran.

HUGH McDONALD – PRESIDENT & CEO, ENTERGY ARKANSAS

Hugh McDonald became president and CEO of Entergy Arkansas in 2000. He is responsible for Entergy Arkansas’ electric distribution system, transmission system maintenance and construction, customer service, economic development, regulatory and governmental affairs. Prior to becoming Entergy Arkansas’ president, he led Entergy’s Retail Operations. McDonald joined Entergy in 1982 at the Waterford 3 nuclear plant. In 1989, he became executive assistant to the chairman of Entergy Louisiana / Entergy New Orleans and then led Entergy Louisiana’s Total Quality initiative until 1993. During Entergy’s merger with Gulf States Utilities, McDonald served as special projects director for the integration of the transmission, distribution, and customer service organizations. McDonald has also held the positions of division manager, Entergy Mississippi and director of regulatory affairs, Entergy Texas.

BILL MOHL – PRESIDENT & CEO, ENTERGY LOUISIANA LLC AND ENTERGY GULF STATES LOUISIANA L.L.C.

Bill Mohl became president and CEO of Entergy Louisiana and Entergy Gulf States Louisiana in June 2010. He is responsible for the Louisiana utilities’ electric and gas distribution systems, transmission system maintenance and construction, customer service, economic development, regulatory and governmental affairs. Mohl was previously vice president, system planning and operations. Mohl joined Entergy in 2002 where he was responsible for the procurement of all limited- and long-term fuel and generation resources and in 2007 added responsibility for system planning and operations. Mohl began his career at Public Service Company of Colorado, now an affiliate of Xcel Energy, before moving to Koch Industries where he held a number of leadership roles in various gas and power businesses.

CHARLES RICE – PRESIDENT & CEO, ENTERGY NEW ORLEANS

Charles Rice became president and CEO of Entergy New Orleans in June 2010. He is responsible for Entergy New Orleans’ electric and gas distribution system, transmission system maintenance and construction, customer service, economic development, regulatory and governmental affairs. Rice was previously director of regulatory affairs for Entergy New Orleans. After his first legal private practice position in Louisiana with Jones, Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P, Rice joined Entergy’s legal department in 2000 as senior counsel and then as manager of labor relations litigation support in human resources. Rice was recruited into New Orleans city government in 2002 as the city attorney and later took the role of chief administrative officer for the City of New Orleans. In 2005, Barrasso, Usdin, Kupperman, Freeman & Sarver, L.L.C. recruited him back to private practice, where he was named partner. Returning to Entergy in 2009, Rice served as director of utility strategy, then moved into the director of regulatory affairs position for Entergy New Orleans before being named to his current role.

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SELECTED FINANCIAL AND OPERATING DATA

SELECTED FINANCIAL DATA

(In millions, except percentages, per share amounts, and ratios)	2010			2009			2008			2007			2006(a)
GAAP MEASURES
Operating Revenues	$	11,488		$	10,746		$	13,094		$	11,484		$	10,932
As-Reported Net Income	$	1,250		$	1,231		$	1,221		$	1,135		$	1,133
As-Reported Earnings Per Share	$	6.66		$	6.30		$	6.20		$	5.60		$	5.36
Shares of Common Stock Outstanding:
End of Year		178.7			189.1			189.4			193.1			202.7
Weighted Average – Diluted		187.8			195.8			201.0			202.8			211.5
Return on Average Invested Capital – As-Reported		7.8	%		7.7	%		8.1	%		8.3	%		8.5	%
Return on Average Common Equity – As-Reported		14.6	%		14.9	%		15.4	%		14.1	%		14.2	%
Net Cash Flow Provided by Operating Activities	$	3,926		$	2,933		$	3,324		$	2,560		$	3,448
Year-End Closing Market Price Per Share of Common Stock	$	70.83		$	81.84		$	83.13		$	119.52		$	92.32
Book Value Per Share at End of Year	$	47.53		$	45.54		$	42.07		$	40.71		$	40.45
Market Value of Equity at End of Year	$	12,661		$	15,477		$	15,741		$	23,082		$	18,710
Price to Earnings Ratio – As-Reported		10.64			12.99			13.41			21.34			17.24
Common Dividend Paid Per Share	$	3.24		$	3.00		$	3.00		$	2.58		$	2.16
Common Dividend Payout Ratio – As-Reported		49	%		48	%		48	%		46	%		40	%
NON-GAAP MEASURES
Operational Earnings	$	1,332		$	1,302		$	1,276		$	1,167		$	998
Operational Earnings Per Share	$	7.10		$	6.67		$	6.51		$	5.76		$	4.72
Special Items Per Share	$	(0.44	)	$	(0.37	)	$	(0.31	)	$	(0.16	)	$	0.64
Return on Average Invested Capital – Operational		8.2	%		8.1	%		8.4	%		8.5	%		7.7	%
Return on Average Common Equity – Operational		15.6	%		15.7	%		16.1	%		14.5	%		12.5	%
Price to Earnings Ratio – Operational		9.98			12.27			12.77			20.75			19.56
Common Dividend Payout Ratio – Operational		46	%		45	%		46	%		45	%		46	%
(a)    2006 reflects deconsolidation of Entergy New Orleans, Inc.
UTILITY ELECTRIC OPERATING DATA
	2010			2009			2008			2007			2006(a)
Retail Kilowatt-Hour Sales (millions)		107,510			99,148			100,609			102,013			100,422
Peak Demand (megawatts)		21,799			21,009			21,241			22,001			20,887
Retail Customers – Year End (thousands)		2,743			2,719			2,689			2,668			2,595
(a)    Includes Entergy New Orleans, Inc.
ENTERGY WHOLESALE COMMODITIES OPERATING DATA
	2010			2009			2008			2007			2006
Operating Revenues (millions)(a)		2,566			2,711			2,794			2,247			1,803
Billed Electric Energy Sales (gigawatts)		42,682			43,969			44,747			40,916			38,289
(a)    Includes revenue associated with below-market PPA for Palisades of $46,296,187 for 2010, $52,520,249 for 2009, $76,223,175 for 2008, and $50,215,623 for 2007.
EMPLOYEES
	2010			2009			2008			2007			2006
Total Employees – Year End		14,958			15,181			14,669			14,322			13,814

OWNED AND LEASED CAPABILITY (MW)^(a)

As of July 2011

	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana(g)		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy		EWC Nuclear(c)		EWC  Non- Nuclear Wholesale(d) (e) (f)		Total
Gas/Oil		1,669		1,988		5,079		2,809		748		2,274		-		-		757		15,277
Coal		1,209		363		-		420		-		269		-		-		181		2,442
Total Fossil		2,878		2,351		5,079		3,229		748		2,543		-		-		938		17,766
Nuclear		1,835		974		1,168		-		-		-		1,126		4,998		-		10,101
Other(b)		74		-		-		-		-		-		-		-		80		154
Total		4,787		3,325		6,247		3,229		748		2,543		1,126		4,998		1,018		28,021

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

(b) Other includes Hydro (EAI) and Wind (EWC).

(c) Reflects Net MW in Operation. Net MW in Operation is the installed capacity owned and operated. Excludes management services contract for Cooper Nuclear Station.

(d) Reflects nameplate rating of generating unit.

(e) In fourth quarter 2010, Entergy sold its 61 percent share of the Harrison County 550 MW combined cycle gas-fired power plant.

(f) On May 5, 2011, Entergy filed an application with FERC (Docket No.EC11-76) requesting authorization of a proposed transaction in which EAM Nelson Holding, LLC will acquire 10.9% ownership interest in the Nelson 6 550 MW coal-fired steam electric generating facility.

(g) In April 2011, Entergy Louisiana completed the purchase of the 580 MW Acadia Energy Center Power Block 2.

7

CONSOLIDATED ENTERGY CORPORATION AND SUBSIDIARIES DATA

CONSOLIDATED QUARTERLY FINANCIAL METRICS

	2010										2009										YTD %
	1Q		2Q		3Q		4Q		YTD		1Q		2Q		3Q		4Q		YTD		CHANGE
GAAP MEASURES
As-Reported Net Income ($ millions)		213.8		315.3		492.9		228.3		1,250.2		235.3		226.8		455.2		313.8		1,231.1		1.6
Return on Average Invested Capital – As-Reported (%)(a)		7.6		8.1		8.2		7.8		7.8		7.6		7.5		7.1		7.7		7.7		1.3
Return on Average Common Equity – As-Reported (%)(a)		13.8		14.8		15.5		14.6		14.6		14.1		13.7		13.2		14.9		14.9		(2.0	)
Net Margin – As-Reported (%)(a)		11.3		11.7		11.7		10.9		10.9		8.8		9.0		9.7		11.5		11.5		(5.2	)
Cash Flow Interest Coverage (# times)(a)		6.3		6.6		8.0		7.8		7.8		6.5		6.7		5.5		6.1		6.1		27.9
Revolver Capacity ($ millions)		1,417		1,338		2,216		2,354		2,354		725		1,585		1,647		1,464		1,464		60.8
Total Debt ($ millions)		12,152		11,853		12,247		11,816		11,816		12,034		11,510		11,522		12,014		12,014		(1.6	)
Debt to Capital Ratio (%)		57.0		56.6		57.5		57.3		57.3		57.4		55.9		56.7		57.4		57.4		(0.2	)
Off-Balance Sheet Liabilities ($ millions)		644		641		638		653		653		573		569		567		646		646		1.1
NON-GAAP MEASURES
Operational Earnings ($ millions)		253.7		325.7		518.1		235.0		1,332.5		252.5		244.0		470.7		334.9		1,302.1		2.3
Return on Average Invested Capital – Operational (%)(a)		8.0		8.5		8.7		8.2		8.2		8.0		7.8		7.5		8.1		8.1		1.2
Return on Average Common Equity – Operational (%)(a)		14.9		15.8		16.6		15.6		15.6		15.0		14.6		14.1		15.7		15.7		(0.6	)
Net Margin – Operational (%)(a)		12.2		12.5		12.5		11.6		11.6		9.4		9.6		10.3		12.1		12.1		(4.1	)
Total Gross Liquidity ($ millions)		3,074		2,674		4,147		3,648		3,648		2,528		2,866		2,778		3,174		3,174		14.9
Debt to Capital Ratio, Excluding Securitization Debt (%)		55.2		54.8		55.6		55.3		55.3		56.7		55.3		56.1		55.6		55.6		(0.5	)
Net Debt to Net Capital Ratio, Excluding Securitization Debt (%)		51.3		51.6		50.9		52.1		52.1		52.6		52.2		53.4		51.5		51.5		1.2
Net Debt to Net Capital Ratio Including Off-Balance Sheet Liabilities, Excluding Securitization Debt (%)		52.9		53.2		52.5		53.8		53.8		54.0		53.6		54.8		53.1		53.1		1.3

^(a)  Rolling twelve months. Totals may not foot due to rounding.

CONSOLIDATED ANNUAL FINANCIAL METRICS

	2010		2009		2008		2007		2006(a)
GAAP MEASURES
As-Reported Net Income ($ millions)		1,250		1,231		1,221		1,135		1,133
Return on Average Invested Capital – As-Reported (%)		7.8		7.7		8.1		8.3		8.5
Return on Average Common Equity – As-Reported (%)		14.6		14.9		15.4		14.1		14.2
Net Margin – As-Reported (%)		10.9		11.5		9.3		9.9		10.4
Cash Flow Interest Coverage (# times)		7.8		6.1		6.5		5.0		7.2
Revolver Capacity ($ millions)		2,354		1,464		645		1,730		2,770
Total Debt ($ millions)		11,816		12,014		12,279		11,123		9,356
Debt to Capital Ratio (%)		57.3		57.4		59.7		57.6		52.3
Off-Balance Sheet Liabilities ($ millions)
Debt of Joint Ventures – Entergy’s Share		107		116		125		135		146
Leases – Entergy’s Share		546		530		449		523		519
Total		653		646		574		658		665
NON-GAAP MEASURES
Operational Earnings ($ millions)		1,332		1,302		1,276		1,167		998
Return on Average Invested Capital – Operational (%)		8.2		8.1		8.4		8.5		7.7
Return on Average Common Equity – Operational (%)		15.6		15.7		16.1		14.5		12.5
Net Margin – Operational (%)		11.6		12.1		9.7		10.2		9.1
Total Gross Liquidity ($ millions)		3,648		3,174		2,565		2,984		3,786
Debt to Capital Ratio, Excluding Securitization Debt (%)		55.3		55.6		59.1		56.9		52.3
Net Debt to Net Capital Ratio, Excluding Securitization Debt (%)		52.1		51.5		54.8		53.9		49.4
Net Debt to Net Capital Ratio Including Off-Balance Sheet Liabilities, Excluding Securitization Debt (%)		53.8		53.1		56.2		55.5		51.3

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

8

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED QUARTERLY RESULTS – GAAP TO NON-GAAP RECONCILIATION

	2010															2009															YTD
($/share)	1Q			2Q			3Q			4Q			YTD			1Q			2Q			3Q			4Q			YTD			CHANGE
AS-REPORTED
Utility		0.73			1.18			1.78			0.63			4.33			0.56			0.74			1.50			0.72			3.53			0.80
Entergy Wholesale Commodities		0.47			0.55			0.76			0.83			2.59			0.86			0.43			0.95			1.04			3.26			(0.67	)
Parent & Other		(0.08	)		(0.08	)		0.08			(0.20	)		(0.26	)		(0.22	)		(0.03	)		(0.13	)		(0.12	)		(0.49	)		0.23
CONSOLIDATED AS-REPORTED EARNINGS		1.12			1.65			2.62			1.26			6.66			1.20			1.14			2.32			1.64			6.30			0.36
LESS SPECIAL ITEMS
Utility		-			-			-			-			-			-			-			-			-			-			-
Entergy Wholesale Commodities		(0.29	)		(0.08	)		(0.14	)		(0.04	)		(0.54	)		(0.04	)		(0.08	)		(0.05	)		(0.06	)		(0.23	)		(0.31	)
Parent & Other		0.08			0.02			-			-			0.10			(0.05	)		(0.01	)		(0.03	)		(0.05	)		(0.14	)		0.24
TOTAL SPECIAL ITEMS		(0.21	)		(0.06	)		(0.14	)		(0.04	)		(0.44	)		(0.09	)		(0.09	)		(0.08	)		(0.11	)		(0.37	)		(0.07	)
OPERATIONAL
Utility		0.73			1.18			1.78			0.63			4.33			0.56			0.74			1.50			0.72			3.53			0.80
Entergy Wholesale Commodities		0.76			0.63			0.90			0.87			3.13			0.90			0.51			1.00			1.10			3.49			(0.36	)
Parent & Other		(0.16	)		(0.10	)		0.08			(0.20	)		(0.36	)		(0.17	)		(0.02	)		(0.10	)		(0.07	)		(0.35	)		(0.01	)
CONSOLIDATED OPERATIONAL EARNINGS		1.33			1.71			2.76			1.30			7.10			1.29			1.23			2.40			1.75			6.67			0.43
Weather Impact		0.17			0.09			0.29			0.06			0.62			(0.02	)		(0.01	)		0.03			(0.01	)		(0.01	)		0.63
SHARES OF COMMON STOCK
OUTSTANDING (in millions)
End of Period		189.3			187.5			181.5			178.7			178.7			196.1			196.1			188.9			189.1			189.1			(10.4	)
Weighted Average - Diluted		191.3			190.7			187.8			181.6			187.8			198.1			198.2			195.9			191.3			195.8			(8.0	)

Totals may not foot due to rounding and dilution effect of the unsuccessful remarketing of the equity units in February 2009.

9

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED QUARTERLY SPECIAL ITEMS (Shown as Positive/(Negative) Impact on Earnings)

	2010															2009															YTD
($/share)	1Q			2Q			3Q			4Q			YTD			1Q			2Q			3Q			4Q			YTD			CHANGE
UTILITY
SPECIAL ITEMS
None		-			-			-			-			-			-			-			-			-			-			-
Total		-			-			-			-			-			-			-			-			-			-			-
ENTERGY WHOLESALE COMMODITIES
SPECIAL ITEMS
Non-utility nuclear spin-off expenses		(0.29	)		(0.08	)		(0.14	)		(0.04	)		(0.54	)		(0.04	)		(0.08	)		(0.05	)		(0.06	)		(0.23	)		(0.31	)
Total		(0.29	)		(0.08	)		(0.14	)		(0.04	)		(0.54	)		(0.04	)		(0.08	)		(0.05	)		(0.06	)		(0.23	)		(0.31	)
PARENT & OTHER
SPECIAL ITEMS
Non-utility nuclear spin-off expenses		0.08			0.02			-			-			0.10			(0.05	)		(0.01	)		(0.03	)		(0.05	)		(0.14	)		0.24
Total		0.08			0.02			-			-			0.10			(0.05	)		(0.01	)		(0.03	)		(0.05	)		(0.14	)		0.24
TOTAL SPECIAL ITEMS		(0.21	)		(0.06	)		(0.14	)		(0.04	)		(0.44	)		(0.09	)		(0.09	)		(0.08	)		(0.11	)		(0.37	)		(0.07	)
	2010															2009															YTD
($ millions)	1Q			2Q			3Q			4Q			YTD			1Q			2Q			3Q			4Q			YTD			CHANGE
UTILITY
SPECIAL ITEMS
None		-			-			-			-			-			-			-			-			-			-			-
Total		-			-			-			-			-			-			-			-			-			-			-
ENTERGY WHOLESALE COMMODITIES
SPECIAL ITEMS
Non-utility nuclear spin-off expenses		(54.3	)		(14.5	)		(25.2	)		(6.7	)		(100.7	)		(6.6	)		(15.1	)		(10.3	)		(12.0	)		(44.0	)		(56.7	)
Total		(54.3	)		(14.5	)		(25.2	)		(6.7	)		(100.7	)		(6.6	)		(15.1	)		(10.3	)		(12.0	)		(44.0	)		(56.7	)
PARENT & OTHER
SPECIAL ITEMS
Non-utility nuclear spin-off expenses		14.4			4.0			-			-			18.5			(10.6	)		(2.1	)		(5.2	)		(9.1	)		(27.0	)		45.5
Total		14.4			4.0			-			-			18.5			(10.6	)		(2.1	)		(5.2	)		(9.1	)		(27.0	)		45.5
TOTAL SPECIAL ITEMS		(39.9	)		(10.5	)		(25.2	)		(6.7	)		(82.2	)		(17.2	)		(17.2	)		(15.5	)		(21.1	)		(71.0	)		(11.2	)
Totals may not foot due to rounding.

10

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED ANNUAL RESULTS – GAAP TO NON-GAAP RECONCILIATION

($/share)	2010			2009			2008			2007			2006
AS-REPORTED
Utility		4.33			3.53			2.92			3.37			3.27
Entergy Wholesale Commodities		2.59			3.26			3.96			2.88			1.57
Parent & Other		(0.26	)		(0.49	)		(0.68	)		(0.65	)		0.52
CONSOLIDATED AS-REPORTED EARNINGS		6.66			6.30			6.20			5.60			5.36
LESS SPECIAL ITEMS
Utility		-			-			(0.08	)		(0.07	)		0.02
Entergy Wholesale Commodities		(0.54	)		(0.23	)		(0.10	)		(0.09	)		0.13
Parent & Other		0.10			(0.14	)		(0.13	)		-			0.49
TOTAL SPECIAL ITEMS		(0.44	)		(0.37	)		(0.31	)		(0.16	)		0.64
OPERATIONAL
Utility		4.33			3.53			3.00			3.44			3.25
Entergy Wholesale Commodities		3.13			3.49			4.06			2.97			1.44
Parent & Other		(0.36	)		(0.35	)		(0.55	)		(0.65	)		0.03
CONSOLIDATED OPERATIONAL EARNINGS		7.10			6.67			6.51			5.76			4.72
Weather Impact		0.62			(0.01	)		(0.02	)		0.11			0.07

11

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED ANNUAL SPECIAL ITEMS (Shown as Positive/(Negative) Impact on Earnings)

		($ millions)			($ millions)			($ millions)			($ millions)			($ millions)
($/share)	2010			2009			2008			2007			2006
UTILITY SPECIAL ITEMS
Dilution effect - unsuccessful remarketing		-			-			(0.08	)		-			-
Nuclear alignment		-			-			-			(0.07	)		-
ENOI results		-			-			-			-			0.02
Total		-			-			(0.08	)		(0.07	)		0.02
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
Non-utility nuclear spin-off expenses		(0.54	)		(0.23	)		-			-			-
Dilution effect - unsuccessful remarketing		-			-			(0.10	)		-			-
Nuclear alignment		-			-			-			(0.09	)		-
Entergy-Koch, LP gain		-			-			-			-			0.26
Non-Nuclear Wholesale Assets write-off of tax capital losses		-			-			-			-			(0.13	)
Total		(0.54	)		(0.23	)		(0.10	)		(0.09	)		0.13
PARENT & OTHER SPECIAL ITEMS
Non-utility nuclear spin-off expenses		0.10			(0.14	)		(0.28	)		-			-
Dilution effect - unsuccessful remarketing		-			-			0.15			-			-
Restructuring - Entergy-Koch, LP distribution		-			-			-			-			0.49
Total		0.10			(0.14	)		(0.13	)		-			0.49
TOTAL SPECIAL ITEMS		(0.44	)		(0.37	)		(0.31	)		(0.16	)		0.64
($ millions)		2010			2009			2008			2007			2006
UTILITY SPECIAL ITEMS
Nuclear alignment		-			-			-			(13.6	)		-
ENOI results		-			-			-			-			4.1
Total		-			-			-			(13.6	)		4.1
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
Non-utility nuclear spin-off expenses		(100.7	)		(44.0	)		-			-			-
Nuclear alignment		-			-			-			(18.4	)		-
Entergy-Koch, LP gain		-			-			-			-			55.0
Non-Nuclear Wholesale Assets write-off of tax capital losses		-			-			-			-			(27.7	)
Total		(100.7	)		(44.0	)		-			(18.4	)		27.3
PARENT & OTHER SPECIAL ITEMS
Non-utility nuclear spin-off expenses		18.5			(27.0	)		(55.4	)		-			-
Restructuring - Entergy-Koch, LP distribution		-			-			-			-			104.0
Retail business discontinued operations		-			-			-			-			(0.5	)
Total		18.5			(27.0	)		(55.4	)		-			103.5
TOTAL SPECIAL ITEMS		(82.2	)		(71.0	)		(55.4	)		(32.0	)		134.9

12

FINANCIAL RESULTS

DESCRIPTION OF ENTERGY CORPORATION CONSOLIDATED SPECIAL ITEMS

	MAIN EARNINGS CATEGORY
UTILITY SPECIAL ITEMS
Dilution effect – unsuccessful remarketing(a)	Diluted earnings per share
Nuclear alignment	Operating expenses: Other operation and maintenance
ENOI results	Other income: Equity in earnings (loss) of unconsolidated equity affiliates
ENTERGY WHOLESALE COMMODITIES SPECIAL ITEMS
Non-utility nuclear spin-off expenses	Operating expenses: Other operation and maintenance Operating expenses: Taxes other than income taxes Operating expenses: Depreciation Interest and Other Charges: Other interest
Dilution effect – unsuccessful remarketing(a)	Diluted earnings per share
Nuclear alignment	Operating expenses: Other operation and maintenance
Entergy-Koch, LP gain	Other income: Equity in earnings (loss) of unconsolidated equity affiliates
Non-Nuclear Wholesale Assets write-off of tax capital losses	Income taxes
PARENT & OTHER SPECIAL ITEMS
Non-utility nuclear spin-off expenses	Operating expenses: Other operation and maintenance Income taxes
Dilution effect – unsuccessful remarketing(a)	Diluted earnings per share
Restructuring – Entergy-Koch, LP distribution	Income taxes
Retail business discontinued operations	Discontinued operations

(a) Entergy had 10,000,000 equity units outstanding as of December 31, 2008, that obligated the holders to purchase a certain number of shares of Entergy common stock for a stated price no later than February 17, 2009. Under the terms of the purchase contracts, Entergy attempted to remarket the notes payable associated with the equity units in February 2009 but was unsuccessful, the note holders put the notes to Entergy, Entergy retired the notes, and Entergy issued 6,598,000 shares of common stock in the settlement of the purchase contracts.

13

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF INCOME (unaudited)

In thousands, except share data, for the years ended December 31,	2010			2009			2008			2007			2006(a)
OPERATING REVENUES:
Electric		$8,740,637			$7,880,016			$10,073,160			$9,046,301			$9,063,135
Natural gas		197,658			172,213			241,856			206,073			84,230
Competitive businesses		2,549,282			2,693,421			2,778,740			2,232,024			1,784,793
Total		11,487,577			10,745,650			13,093,756			11,484,398			10,932,158
OPERATING EXPENSES:
Operating and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		2,518,582			2,309,831			3,577,764			2,934,833			3,144,073
Purchased power		1,659,416			1,395,203			2,491,200			1,986,950			2,138,237
Nuclear refueling outage expenses		256,123			241,310			221,759			180,971			169,567
Other operation and maintenance		2,969,402			2,750,810			2,742,762			2,649,654			2,335,364
Decommissioning		211,736			199,063			189,409			167,898			145,884
Taxes other than income taxes		534,299			503,859			496,952			489,058			428,561
Depreciation and amortization		1,069,894			1,082,775			1,030,860			963,712			887,792
Other regulatory charges (credits)– net		44,921			(21,727	)		59,883			54,954			(122,680	)
Total		9,264,373			8,461,124			10,810,589			9,428,030			9,126,798
Gain on sale of business		44,173			-			-			-			-
OPERATING INCOME		2,267,377			2,284,526			2,283,167			2,056,368			1,805,360
OTHER INCOME:
Allowance for equity funds used during construction		59,381			59,545			44,523			42,742			39,894
Interest and investment income		185,455			236,628			197,872			238,911			198,835
Other than temporary impairment losses		(1,378	)		(86,069	)		(49,656	)		(4,914	)		-
Miscellaneous – net		(48,124	)		(40,396	)		(23,452	)		(21,684	)		109,858
Total		195,334			169,708			169,287			255,055			348,587
INTEREST EXPENSE:
Interest expense		610,146			603,679			634,188			662,084			573,953
Allowance for borrowed funds used during construction		(34,979	)		(33,235	)		(25,267	)		(25,032	)		(23,931	)
Total		575,167			570,444			608,921			637,052			550,022
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		1,887,544			1,883,790			1,843,533			1,674,371			1,603,925
Income taxes		617,239			632,740			602,998			514,417			443,044
INCOME FROM CONTINUING OPERATIONS		1,270,305			1,251,050			1,240,535			1,159,954			1,160,881
LOSS FROM DISCONTINUED OPERATIONS
(net of income tax expense (benefit) of $67) respectively)		-			-			-			-			(496	)
CONSOLIDATED NET INCOME		1,270,305			1,251,050			1,240,535			1,159,954			1,160,385
Preferred dividend requirements of subsidiaries		20,063			19,958			19,969			25,105			27,783
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	1,250,242		$	1,231,092		$	1,220,566		$	1,134,849		$	1,132,602
Basic earnings per average common share		$6.72			$6.39			$6.39			$5.77			$5.46
Diluted earnings per average common share		$6.66			$6.30			$6.20			$5.60			$5.36
Dividends declared per common share		$3.24			$3.00			$3.00			$2.58			$2.16
Average number of common shares outstanding:
Basic		186,010,452			192,772,032			190,925,613			196,572,945			207,456,838
Diluted		187,814,235			195,838,068			201,011,588			202,780,283			211,452,455

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Certain prior year data has been reclassified to conform with current year presentation.

14

FINANCIAL RESULTS

2010 CONSOLIDATING INCOME STATEMENT (unaudited)

In thousands, except share data, for the year ended December 31, 2010.	UTILITY			ENTERGY WHOLESALE COMMODITIES			PARENT & OTHER			CONSOLIDATED
OPERATING REVENUES:
Electric	$	8,743,674		$	-		$	(3,037	)	$	8,740,637
Natural gas		197,658			-			-			197,658
Competitive businesses		-			2,566,156			(16,874	)		2,549,282
Total		8,941,332			2,566,156			(19,911	)		11,487,577
OPERATING EXPENSES:
Operating and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		2,217,265			302,860			(1,544	)		2,518,582
Purchased power		1,628,166			62,513			(31,262	)		1,659,416
Nuclear refueling outage expenses		108,199			147,924			-			256,123
Other operation and maintenance		1,948,892			1,047,041			(26,531	)		2,969,402
Decommissioning		104,258			107,478			-			211,736
Taxes other than income taxes		431,371			101,878			1,049			534,299
Depreciation and amortization		902,127			163,180			4,588			1,069,894
Other regulatory charges (credits)-net		44,921			-			-			44,921
Total		7,385,199			1,932,874			(53,700	)		9,264,373
Gain on sale of investment		-			44,173			-			44,173
OPERATING INCOME		1,556,133			677,455			33,789			2,267,377
OTHER INCOME (DEDUCTIONS):
Allowance for equity funds used during construction		59,381			-			-			59,381
Interest and investment income		182,493			171,158			(168,196	)		185,455
Other than temporary impairment losses		-			(1,378	)		-			(1,378	)
Miscellaneous – net		(20,821	)		(17,347	)		(9,956	)		(48,124	)
Total		221,053			152,433			(178,152	)		195,334
INTEREST EXPENSE:
Interest expense		528,220			71,817			10,109			610,146
Allowance for borrowed funds used during construction		(34,979	)		-			-			(34,979	)
Total		493,241			71,817			10,109			575,167
INCOME BEFORE INCOME TAXES		1,283,945			758,071			(154,472	)		1,887,544
Income taxes		454,227			268,649			(105,637	)		617,239
CONSOLIDATED NET INCOME		829,718			489,422			(48,835	)		1,270,305
Preferred dividend requirements of subsidiaries		17,331			2,732			-			20,063
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	812,387		$	486,690		$	(48,835	)	$	1,250,242
Earnings Per Average Common Share:
Basic		$4.37			$2.61			$(0.26)			$6.72
Diluted		$4.33			$2.59			$(0.26)			$6.66

Totals may not foot due to rounding.

See page 73 for 2009 Consolidating Income Statement for new segment disclosure adopted as of 12/31/2010.

15

FINANCIAL RESULTS

CONSOLIDATED BALANCE SHEETS (unaudited)

In thousands, as of December 31,	2010			2009			2008			2007			2006(a)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	76,290		$	85,861		$	115,876		$	126,652		$	117,379
Temporary cash investments		1,218,182			1,623,690			1,804,615			1,127,076			898,773
Total cash and cash equivalents		1,294,472			1,709,551			1,920,491			1,253,728			1,016,152
Securitization recovery trust account		43,044			13,098			12,062			19,273			-
Notes receivable – Entergy New Orleans DIP loan		-			-			-			-			51,934
Notes receivable		-			-			-			-			699
Accounts receivable:
Customer		602,796			553,692			734,204			610,724			552,376
Allowance for doubtful accounts		(31,777	)		(27,631	)		(25,610	)		(25,789	)		(19,348	)
Other		161,662			152,303			206,627			303,060			345,400
Accrued unbilled revenues		302,901			302,463			282,914			288,076			249,165
Total accounts receivable		1,035,582			980,827			1,198,135			1,176,071			1,127,593
Deferred fuel costs		64,659			126,798			167,092			-			-
Accumulated deferred income taxes		8,472			-			7,307			38,117			11,680
Fuel inventory – at average cost		207,520			196,855			216,145			208,584			193,098
Materials and supplies – at average cost		866,908			825,702			776,170			692,376			604,998
Deferred nuclear refueling outage costs		218,423			225,290			221,803			172,936			147,521
System agreement cost equalization		52,160			70,000			394,000			268,000			-
Prepaid taxes		301,807			184,819			-			46,924			-
Prepayments and other		246,036			201,221			247,184			82,238			171,759
Total		4,339,083			4,534,161			5,160,389			3,958,247			3,325,434
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity		40,697			39,580			66,247			78,992			229,089
Decommissioning trust funds		3,595,716			3,211,183			2,832,243			3,307,636			2,858,523
Non-utility property – at cost (less accumulated depreciation)		257,847			247,664			231,115			220,204			212,726
Other		405,946			120,273			107,939			82,563			47,115
Total		4,300,206			3,618,700			3,237,544			3,689,395			3,347,453
PROPERTY, PLANT AND EQUIPMENT:
Electric		37,153,061			36,343,772			34,495,406			32,959,022			30,713,284
Property under capital lease		800,078			783,096			745,504			740,095			730,182
Natural gas		330,608			314,256			303,769			300,767			92,787
Construction work in progress		1,661,560			1,547,319			1,712,761			1,054,833			786,147
Nuclear fuel under capital lease		-			527,521			465,374			361,502			336,017
Nuclear fuel		1,377,962			739,827			636,813			665,620			494,759
Total property, plant and equipment		41,323,269			40,255,791			38,359,627			36,081,839			33,153,176
Less – accumulated depreciation and amortization		17,474,914			16,866,389			15,930,513			15,107,569			13,715,099
Property, plant and equipment – net		23,848,355			23,389,402			22,429,114			20,974,270			19,438,077
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
Regulatory asset for income taxes - net		845,725			816,856			581,719			595,743			740,110
Other regulatory assets (includes securitization property of $882,346 as of December 31, 2010)		3,838,237			3,647,154			3,615,104			2,971,399			2,768,352
Deferred fuel costs		172,202			172,202			168,122			168,122			168,122
Long-term receivables		-			-			-			-			19,349
Goodwill		377,172			377,172			377,172			377,172			377,172
Accumulated deferred income taxes		54,523			-			-			-			-
Other		909,773			1,006,306			1,047,654			908,654			898,662
Total		6,197,632			6,019,690			5,789,771			5,021,090			4,971,767
TOTAL ASSETS	$	38,685,276		$	37,561,953		$	36,616,818		$	33,643,002		$	31,082,731

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Certain prior year data has been reclassified to conform with current year presentation.

16

FINANCIAL RESULTS

CONSOLIDATED BALANCE SHEETS (unaudited)

In thousands, as of December 31,		2010			2009			2008			2007		2006(a)
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	299,548		$	711,957		$	544,460		$	996,757	$	181,576
Notes payable and commercial paper		154,135			30,031			55,034			25,037		25,039
Accounts payable		1,181,099			998,228			1,475,745			1,031,300		1,122,596
Customer deposits		335,058			323,342			302,303			291,171		248,031
Taxes accrued		-			-			75,210			-		187,324
Accumulated deferred income taxes		49,307			48,584			-			-		-
Interest accrued		217,685			192,283			187,310			187,968		160,831
Deferred fuel costs		166,409			219,639			183,539			54,947		73,031
Obligations under capital leases		3,388			212,496			162,393			152,615		153,246
Pension and other postretirement liabilities		39,862			55,031			46,288			34,795		41,912
System agreement cost equalization		52,160			187,204			460,315			268,000		-
Other		277,598			215,202			273,297			214,164		271,544
Total		2,776,249			3,193,997			3,765,894			3,256,754		2,465,130
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued		8,573,646			7,662,798			6,565,770			6,379,679		5,820,700
Accumulated deferred investment tax credits		292,330			308,395			325,570			343,539		358,550
Obligations under capital leases		42,078			354,233			343,093			220,438		188,033
Other regulatory liabilities		539,026			378,862			280,643			490,323		449,237
Decommissioning and asset retirement cost liabilities		3,148,479			2,939,539			2,677,495			2,489,061		2,023,846
Transition to competition		-			-			-			-		79,098
Accumulated provisions		395,250			141,315			147,452			133,406		88,902
Pension and other postretirement liabilities		2,175,364			2,241,039			2,177,993			1,361,326		1,410,433
Long-term debt (includes securitization bonds of $931,131 as of December 31, 2010)		11,317,157			10,705,738			11,174,289			9,728,135		8,798,087
Preferred stock with sinking fund		-			-			-			-		10,500
Other		618,559			711,334			880,998			1,066,508		847,415
Total		27,101,889			25,443,253			24,573,303			22,212,415		20,074,801
Commitments and Contingencies
Subsidiaries preferred stock without sinking fund		216,738			217,343			217,029			217,162		244,913
EQUITY:
Common shareholders’ equity:
Common stock, $.01 par value, authorized 500,000,000 shares; issued 254,752,788 shares in 2010 and 2009, 248,174,087 shares in 2008, 2007, and 2006		2,548			2,548			2,482			2,482		2,482
Paid-in capital		5,367,474			5,370,042			4,869,303			4,850,769		4,827,265
Retained earnings		8,689,401			8,043,122			7,382,719			6,735,965		6,113,042
Accumulated other comprehensive income (loss)		(38,212	)		(75,185	)		(112,698	)		8,320		(100,512	)
Less – treasury stock, at cost (76,006,920 shares in 2010;
65,634,580 shares in 2009; 58,815,518 shares in 2008;
55,053,847 shares in 2007; 45,506,311 shares in 2006;)		5,524,811			4,727,167			4,175,214			3,734,865		2,644,390
Total common shareholders’ equity		8,496,400			8,613,360			7,966,592			7,862,671		8,197,887
Subsidiaries preferred stock without sinking fund		94,000			94,000			94,000			94,000		100,000
Total		8,590,400			8,707,360			8,060,592			7,956,671		8,297,887
TOTAL LIABILITIES AND EQUITY	$	38,685,276		$	37,561,953		$	36,616,818		$	33,643,002	$	31,082,731

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Certain prior year data has been reclassified to conform with current year presentation.

17

FINANCIAL RESULTS

2010 CONSOLIDATING BALANCE SHEET (unaudited)

In thousands, as of December 31, 2010.	UTILITY			ENTERGY WHOLESALE COMMODITIES			PARENT & OTHER			CONSOLIDATED
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	70,182		$	5,249		$	859		$	76,290
Temporary cash investments		751,403			448,541			18,238			1,218,182
Total cash and cash equivalents		821,585			453,790			19,097			1,294,472
Securitization recovery trust account		43,044			-			-			43,044
Notes receivable		-			1,065,356			(1,065,356	)		-
Accounts receivable:
Customer		385,383			217,413			-			602,796
Allowance for doubtful accounts		(31,575	)		(202	)		-			(31,777	)
Associated companies		20,214			66,807			(87,021	)		-
Other		150,369			10,893			400			161,662
Accrued unbilled revenues		302,787			114			-			302,901
Total accounts receivable		827,178			295,025			(86,621	)		1,035,582
Deferred fuel costs		64,659			-			-			64,659
Accumulated deferred income taxes		8,472			-			-			8,472
Fuel inventory – at average cost		205,258			2,262			-			207,520
Materials and supplies – at average cost		548,758			318,150			-			866,908
Deferred nuclear refueling outage costs		64,463			153,960			-			218,423
System agreement cost equalization		52,160			-			-			52,160
Prepaid taxes		190,349			111,919			(461	)		301,807
Prepayments and other		64,127			174,854			7,055			246,036
Total		2,890,053			2,575,316			(1,126,286	)		4,339,083
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity		1,147,271			291,453			(1,398,027	)		40,697
Decommissioning trust funds		1,542,832			2,052,884			-			3,595,716
Non-utility property – at cost (less accumulated depreciation)		166,671			72,869			18,307			257,847
Other		364,937			11,009			30,000			405,946
Total		3,221,711			2,428,215			(1,349,720	)		4,300,206
PROPERTY, PLANT AND EQUIPMENT:
Electric		33,007,394			4,142,255			3,412			37,153,061
Property under capital lease		800,078			-			-			800,078
Natural gas		330,168			440			-			330,608
Construction work in progress		1,300,207			360,689			664			1,661,560
Nuclear fuel under capital lease		-			-			-			-
Nuclear fuel		760,140			617,822			-			1,377,962
Total property, plant and equipment		36,197,987			5,121,206			4,076			41,323,269
Less – accumulated depreciation and amortization		16,669,910			804,695			309			17,474,914
Property, plant and equipment – net		19,528,077			4,316,511			3,767			23,848,355
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
Regulatory asset for income taxes - net		845,725			-			-			845,725
Other regulatory assets (includes securitization property of
$882,346 as of December 31, 2010)		3,838,237			-			-			3,838,237
Deferred fuel costs		172,202			-			-			172,202
Goodwill		374,099			3,073			-			377,172
Accumulated deferred income taxes		4,310			8,450			41,763			54,523
Other		205,826			771,252			(67,305	)		909,773
Total		5,440,399			782,775			(25,542	)		6,197,632
TOTAL ASSETS	$	31,080,240			$10,102,817			$(2,497,781)			$38,685,276

Totals may not foot due to rounding.

18

FINANCIAL RESULTS

2010 CONSOLIDATING BALANCE SHEET (unaudited)

In thousands, as of December 31, 2010.		UTILITY			ENTERGY WHOLESALE COMMODITIES		PARENT & OTHER			CONSOLIDATED
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	184,291		$	29,257	$	86,000		$	299,548
Notes payable and commercial paper:
Associated companies		-			144,497		(144,497	)		-
Other		154,135			-		-			154,135
Accounts payable:
Associated companies		9,696			13,420		(23,116	)		-
Other		878,584			300,235		2,280			1,181,099
Customer deposits		335,058			-		-			335,058
Taxes accrued		-			-		-			-
Accumulated deferred income taxes		(8,062	)		49,522		7,847			49,307
Interest accrued		201,799			669		15,217			217,685
Deferred fuel costs		166,409			-		-			166,409
Obligations under capital leases		3,388			-		-			3,388
Pension and other postretirement liabilities		34,283			5,579		-			39,862
System agreement cost equalization		52,160			-		-			52,160
Other		78,689			193,497		5,412			277,598
Total		2,090,430			736,676		(50,857	)		2,776,249
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued		7,514,297			924,485		134,864			8,573,646
Accumulated deferred investment tax credits		292,330			-		-			292,330
Obligations under capital leases		42,078			-		-			42,078
Other regulatory liabilities		539,026			-		-			539,026
Decommissioning and asset retirement cost liabilities		1,728,469			1,420,010		-			3,148,479
Accumulated provisions		388,081			2,595		4,574			395,250
Pension and other postretirement liabilities		1,700,368			474,996		-			2,175,364
Long-term debt (includes securitization bonds of $931,131 as of December 31, 2010)		8,553,358			132,143		2,631,656			11,317,157
Other		712,060			696,049		(789,550	)		618,559
Total		21,470,067			3,650,278		1,981,544			27,101,889
Commitments and Contingencies
Subsidiaries preferred stock without sinking fund		186,510			85,985		(55,757	)		216,738
EQUITY:
Common shareholders’ equity:
Common stock, $.01 par value, authorized 500,000,000 shares; issued 254,752,788 shares in 2010		2,161,268			398,987		(2,557,707	)		2,548
Paid-in capital		2,416,633			1,566,166		1,384,675			5,367,474
Retained earnings		2,889,317			3,594,952		2,205,132			8,689,401
Accumulated other comprehensive income (loss)		(107,985	)		69,773		-			(38,212	)
Less – treasury stock, at cost (76,006,920 shares in 2010)		120,000			-		5,404,811			5,524,811
Total common shareholders’ equity		7,239,233			5,629,878		(4,372,711	)		8,496,400
Subsidiaries preferred stock without sinking fund		94,000			-		-			94,000
Total		7,333,233			5,629,878		(4,372,711	)		8,590,400
TOTAL LIABILITIES AND EQUITY	$	31,080,240			$10,102,817		$(2,497,781)			$38,685,276

Totals may not foot due to rounding.

See pages 73-74 for 2009 Consolidating Balance Sheet for new segment disclosure adopted as of 12/31/2010.

19

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CASH FLOW (unaudited)

In thousands, for the years ended December 31,		2010			2009			2008			2007			2006	(a)
OPERATING ACTIVITIES:
Consolidated net income	$	1,270,305		$	1,251,050		$	1,240,535		$	1,159,954		$	1,160,385
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization		1,705,331			1,458,861			1,391,689			1,264,727			1,143,082
Deferred income taxes, investment tax credits, and non-current taxes accrued		718,987			864,684			333,948			476,241			738,643
Gain on sale of business		(44,173	)		-			-			-			-
Changes in working capital:
Receivables		(99,640	)		116,444			78,653			(62,646	)		408,042
Fuel inventory		(10,665	)		19,291			(7,561	)		(10,445	)		13,097
Accounts payable		216,635			(14,251	)		(23,225	)		(103,048	)		(83,884	)
Prepaid taxes and taxes accrued		(116,988	)		(260,029	)		122,134			(187,324	)		(835	)
Interest accrued		17,651			4,974			(652	)		11,785			5,975
Deferred fuel		8,909			72,314			(38,500	)		912			582,947
Other working capital accounts		(160,326	)		(43,391	)		(119,296	)		(73,269	)		64,479
Changes in provisions for estimated losses		265,284			(12,030	)		12,462			(59,292	)		39,822
Changes in other regulatory assets		339,408			(415,157	)		(324,211	)		254,736			(454,458	)
Changes in pensions and other postretirement liabilities		(80,844	)		71,789			828,160			(56,224	)		333,381
Other		(103,793	)		(181,391	)		(169,808	)		(56,337	)		(502,837	)
Net cash flow provided by operating activities		3,926,081		$	2,933,158		$	3,324,328		$	2,559,770		$	3,447,839
INVESTING ACTIVITIES:
Construction / capital expenditures		(1,974,286	)		(1,931,245	)		(2,212,255	)		(1,578,030	)		(1,633,268	)
Allowance for equity funds used during construction		59,381			59,545			44,523			42,742			39,894
Nuclear fuel purchases		(407,711	)		(525,474	)		(423,951	)		(408,732	)		(326,248	)
Proceeds from sale / leaseback of nuclear fuel		-			284,997			297,097			169,066			135,190
Proceeds from sale of assets and businesses		228,171			39,554			30,725			13,063			77,159
Payment for purchase of plant		-			-			(266,823	)		(336,211	)		(88,199	)
Insurance proceeds received for property damages		7,894			53,760			130,114			83,104			18,828
Changes in transition charge account		(29,945	)		(1,036	)		7,211			(19,273	)		-
NYPA value sharing payment		(72,000	)		(72,000	)		(72,000	)		-			-
Payments to storm reserve escrow account		(296,614	)		(6,802	)		(248,863	)		-			-
Receipts from storm reserve escrow account		9,925			-			249,461			-			-
Increase (decrease) in other investments		24,956			100,956			(73,431	)		41,720			(6,353	)
Proceeds from nuclear decommissioning trust fund sales		2,606,383			2,570,523			1,652,277			1,583,584			777,584
Investment in nuclear decommissioning trust funds		(2,730,377	)		(2,667,172	)		(1,704,181	)		(1,708,764	)		(884,123	)
Other regulatory investments		-			-			-			-			(38,037	)
Net cash flow used in investing activities		(2,574,223	)		(2,094,394	)		(2,590,096	)		(2,117,731	)		(1,927,573	)
FINANCING ACTIVITIES:
Proceeds from the issuance of:
Long-term debt		3,870,694			2,003,469			3,456,695			2,866,136			1,837,713
Preferred equity		-			-			-			10,000			73,354
Common stock and treasury stock		51,163			28,198			34,775			78,830			70,455
Retirement of long-term debt		(4,178,127	)		(1,843,169	)		(2,486,806	)		(1,369,945	)		(1,804,373	)
Repurchase of common stock		(878,576	)		(613,125	)		(512,351	)		(1,215,578	)		(584,193	)
Redemption of preferred stock		-			(1,847	)		-			(57,827	)		(183,881	)
Changes in credit borrowings – net		(8,512	)		(25,000	)		30,000			-			(15,000	)
Dividends paid:
Common stock		(603,854	)		(576,956	)		(573,045	)		(507,327	)		(448,954	)
Preferred equity		(20,063	)		(19,958	)		(20,025	)		(25,875	)		(28,848	)
Net cash flow provided by (used in) financing activities		(1,767,275	)		(1,048,388	)		(70,757	)		(221,586	)		(1,083,727	)
Effect of exchange rates on cash and cash equivalents		338			(1,316	)		3,288			30			(3,207	)
Net increase (decrease) in cash and cash equivalents		(415,079	)		(210,940	)		666,763			220,483			433,332
Cash and cash equivalents at beginning of period		1,709,551			1,920,491			1,253,728			1,016,152			582,820
Effect of the reconsolidation of Entergy New Orleans on cash and cash equivalents		-			-			-			17,093			-
Cash and cash equivalents at end of period	$	1,294,472		$	1,709,551		$	1,920,491		$	1,253,728		$	1,016,152

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Certain prior year data has been reclassified to conform with current year presentation.

20

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CASH FLOW (unaudited)

$ thousands, for the years ended December 31,	2010	2009		2008	2007	2006	(a)
SUPPLEMENTAL DISCLOSURE OF
CASH FLOW INFORMATION:
Cash paid (received) during the period for:
Interest – net of amount capitalized	540,352	568,417		612,288	611,197	514,189
Income taxes	32,144	43,057		137,234	376,808	(147,435	)
Noncash financing activities:
Long-tern debt retired (equity unit notes)	-	(500,000	)	-	-	-
Common stock issued in settlement of equity unit purchase contracts	-	500,000		-	-	-

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

CASH FLOW INFORMATION BY BUSINESS

For the years ended December 31, 2010, 2009, 2008, 2007, and 2006.	UTILITY		ENTERGY WHOLESALE COMMODITIES		PARENT & OTHER		CONSOLIDATED
($ thousands)
2010
Net cash flow provided by operating activities	2,941,596		629,787		354,698		3,926,081
Net cash flow provided by (used in) investing activities	(2,500,139	)	(399,439	)	325,355		(2,574,223	)
Net cash flow provided by (used in) financing activities	(859,141	)	(230,203	)	(677,930	)	(1,767,275	)
2009
Net cash flow provided by operating activities	1,586,020		2,626,034		(1,278,896	)	2,933,158
Net cash flow provided by (used in) investing activities	(1,465,824	)	(1,927,120	)	1,298,550		(2,094,394	)
Net cash flow provided by (used in) financing activities	553,107		(701,801	)	(899,694	)	(1,048,388	)
2008
Net cash flow provided by operating activities	2,379,258		1,258,581		(313,511	)	3,324,328
Net cash flow provided by (used in) investing activities	(2,845,157	)	(429,859	)	684,920		(2,590,096	)
Net cash flow provided by (used in) financing activities	250,309		(832,619	)	511,553		(70,757	)
2007
Net cash flow provided by (used in) operating activities	1,807,769		821,201		(69,200	)	2,559,770
Net cash flow provided by (used in) investing activities	(1,238,487	)	(846,926	)	(32,318	)	(2,117,731	)
Net cash flow provided by (used in) financing activities	(368,909	)	57,766		89,557		(221,586	)
2006(a)
Net cash flow provided by (used in) operating activities	2,592,433		838,677		16,729		3,447,839
Net cash flow provided by (used in) investing activities	(1,592,933	)	(376,093	)	41,453		(1,927,573	)
Net cash flow provided by (used in) financing activities	(736,693	)	(287,045	)	(59,989	)	(1,083,727	)

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Certain prior year data has been reclassified to conform with current year presentation.

21

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND COMPREHENSIVE INCOME (unaudited)

				Common Shareholders’ Equity
	Subsidiaries’ Preferred Stock			Common Stock		Treasury Stock			Paid-in Capital			Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Total
	(In Thousands)
Balance at December 31, 2005	$	100,000		$	2,482	$	(2,161,960	)	$	4,817,637		$	5,433,931		$	(343,819	)	$	7,848,271
Consolidated net income (a)		27,783			-		-			-			1,132,602			-			1,160,385
Other comprehensive income:
Cash flow hedges net unrealized gain (net of tax expense of $187,462)		-			-		-			-			-			287,036			287,036
Pension and other postretirement liabilities (net of tax benefit of $92,419)		-			-		-			-			-			(75,805	)		(75,805	)
Net unrealized investment gains (net of tax expense of $28,428)		-			-		-			-			-			36,628			36,628
Foreign currency translation (net of tax expense of $1,122)		-			-		-			-			-			3,207			3,207
Minimum pension liability (net of tax benefit of $5,911)		-			-		-			-			-			(7,759	)		(7,759	)
Total comprehensive income																			1,403,692
Common stock repurchases		-			-		(584,193	)		-			-			-			(584,193	)
Common stock issuances related to stock plans		-			-		101,763			9,628			-			-			111,391
Common stock dividends declared		-			-		-			-			(448,572	)		-			(448,572	)
Preferred dividend requirements of subsidiaries (a)		(27,783	)		-		-			-			-			-			(27,783	)
Capital stock and other expenses		-			-		-			-			(4,919	)		-			(4,919	)
Balance at December 31, 2006		100,000			2,482		(2,644,390	)		4,827,265			6,113,042			(100,512	)		8,297,887
Consolidated net income (a)		25,105			-		-			-			1,134,849			-			1,159,954
Other comprehensive income:
Cash flow hedges net unrealized gain (net of tax expense of $57,185)		-			-		-			-			-			93,038			93,038
Pension and other postretirement liabilities (net of tax expense of $29,994)		-			-		-			-			-			(1,236	)		(1,236	)
Net unrealized investment gains (net of tax expense of $23,562)		-			-		-			-			-			17,060			17,060
Foreign currency translation (net of tax benefit of $16)		-			-		-			-			-			(30	)		(30	)
Total comprehensive income																			1,268,786
Common stock repurchases		-			-		(1,215,578	)		-			-			-			(1,215,578	)
Common stock issuances related to stock plans		-			-		125,103			23,504			-			-			148,607
Common stock dividends declared		-			-		-			-			(507,326	)		-			(507,326	)
Preferred stock issued		10,000			-		-			-			-			-			10,000
Preferred stock repurchased		(16,000	)		-		-			-			-			-			(16,000	)
Preferred dividend requirements of subsidiaries (a)		(25,105	)		-		-			-			-			-			(25,105	)
Adjustment related to FIN 48 implementation		-			-		-			-			(4,600	)		-			(4,600	)
Balance at December 31, 2007		94,000			2,482		(3,734,865	)		4,850,769			6,735,965			8,320			7,956,671
Consolidated net income (a)		19,969			-		-			-			1,220,566			-			1,240,535
Other comprehensive income:
Cash flow hedges net unrealized gain (net of tax expense of $78,837)		-			-		-			-			-			133,370			133,370
Pension and other postretirement liabilities (net of tax benefit of $68,076)		-			-		-			-			-			(125,087	)		(125,087	)
Net unrealized investment losses (net of tax benefit of $108,049)		-			-		-			-			-			(126,013	)		(126,013	)
Foreign currency translation (net of tax benefit of $1,770)		-			-		-			-			-			(3,288	)		(3,288	)
Total comprehensive income																			1,119,517
Common stock repurchases		-			-		(512,351	)		-			-			-			(512,351	)
Common stock issuances related to stock plans		-			-		72,002			18,534			-			-			90,536
Common stock dividends declared		-			-		-			-			(573,924	)		-			(573,924	)
Preferred dividend requirements of subsidiaries (a)		(19,969	)		-		-			-			-			-			(19,969	)
Capital stock and other expenses		-			-		-			-			112			-			112
Balance at December 31, 2008		94,000			2,482		(4,175,214	)		4,869,303			7,382,719			(112,698	)		8,060,592
Consolidated net income (a)		19,958			-		-			-			1,231,092			-			1,251,050
Other comprehensive income:
Cash flow hedges net unrealized loss (net of tax expense of $333)		-			-		-			-			-			(2,887	)		(2,887	)
Pension and other postretirement liabilities (net of tax benefit of $34,415)		-			-		-			-			-			(35,707	)		(35,707	)
Net unrealized investment gains (net of tax expense of $102,845)		-			-		-			-			-			82,929			82,929
Foreign currency translation (net of tax benefit of $246)		-			-		-			-			-			(457	)		(457	)
Total comprehensive income																			1,294,928
Common stock repurchases		-			-		(613,125	)		-			-			-			(613,125	)
Common stock issuances in settlement of equity unit purchase contracts		-			66		-			499,934			-			-			500,000
Common stock issuances related to stock plans		-			-		61,172			805			-			-			61,977
Common stock dividends declared		-			-		-			-			(576,913	)		-			(576,913	)
Preferred dividend requirements of subsidiaries (a)		(19,958	)		-		-			-			-			-			(19,958	)
Capital stock and other expenses		-			-		-			-			(141	)		-			(141	)
Adjustment for implementation of new accounting pronouncement
(net of tax benefit of $4,921)		-			-		-			-			6,365			(6,365	)		-
Balance at December 31, 2009
		94,000			2,548		(4,727,167	)		5,370,042			8,043,122			(75,185	)		8,707,360
Consolidated net income (a)		20,063			-		-			-			1,250,242			-			1,270,305
Other comprehensive income:
Cash flow hedges net unrealized loss (net of tax benefit of $7,088)		-			-		-			-			-			(11,685	)		(11,685	)
Pension and other postretirement liabilities (net of tax benefit of $14,387)		-			-		-			-			-			(8,527	)		(8,527	)
Net unrealized investment gains (net of tax expense of $51,130)		-			-		-			-			-			57,523			57,523
Foreign currency translation (net of tax benefit of $182)		-			-		-			-			-			(338	)		(338	)
Total comprehensive income																			1,307,278
Common stock repurchases		-			-		(878,576	)		-			-			-			(878,576	)
Common stock issuances related to stock plans		-			-		80,932			(2,568	)		-			-			78,364
Common stock dividends declared		-			-		-			-			(603,963	)		-			(603,963	)
Preferred dividend requirements of subsidiaries (a)		(20,063	)		-		-			-			-			-			(20,063	)
Balance at December 31, 2010		$94,000			$2,548		($5,524,811)		$	5,367,474		$	8,689,401			($38,212)		$	8,590,400

Certain prior year data has been reclassified to conform with current year presentation.

(a) Consolidated net income and preferred dividend requirements of subsidiaries for 2010, 2009, 2008, 2007, and 2006 include $13.3 million, $13.3 million, $13.3 million, $14.2 million, and $15.1 million, respectively, of preferred dividends on subsidiaries’ preferred stock without sinking fund that is not presented as equity.

22

CONSOLIDATED CAPITAL EXPENDITURES

HISTORICAL CAPITAL EXPENDITURES

($ millions)	2010		2009			2008		2007		2006
Utility
Entergy New Orleans		80		62			103		94		76
All others		1,495		1,510			2,085		1,222		1,396
Entergy Wholesale Commodities		471		437			357		597		326
Parent & Other		-		(6	)		6		1		-
Total Historical Capital Expenditures		2,046		2,003			2,551		1,914		1,798

PLANNED CAPITAL EXPENDITURES

($ millions)	2011		2012		2013
Maintenance Capital:
Utility:
Generation		126		135		123
Transmission		193		209		207
Distribution		440		451		448
Other		89		100		90
Total		848		895		868
Entergy Wholesale Commodities		93		93		111
Total Maintenance Capital		941		988		979
Capital Commitments:
Utility:
Generation		1,098		1,071		628
Transmission		213		252		223
Distribution		30		26		14
Other		44		46		57
Total		1,385		1,395		922
Entergy Wholesale Commodities		273		268		264
Total Capital Commitments		1,658		1,663		1,186
Total Planned Capital Expenditures		2,599		2,651		2,165

ENTERGY CORPORATION SECURITIES DETAIL

ENTERGY CORPORATION LONG-TERM DEBT

							CURRENT OR FIRST CALL PRICE
					MATURITY DATE	FIRST  CALL DATE				AS OF DECEMBER 31,
CUSIP		RATE								2010		2009			2008
												($	millions	)
	$3.5B Bank Credit Facility		0.78	%	08/12					$	1,632	$	2,566		$	3,237
	Bank Term Loan				06/10						-		60			60
29364GAA1	7.75% Notes		7.75	%	12/09	Now		MW	(T+.50%)		-		-			267
29364GAB9	6.58% Notes		6.58	%	05/10	Now		MW	(T+.50%)		-		75			75
29364GB@1	6.9% Notes		6.9	%	11/10	Now		MW	(T+.50%)		-		140			140
29364G202, 29364G301	7.625% Notes(a)		7.625	%	02/11						-		-			500
29364GA@2	7.06% Notes		7.06	%	03/11	Now		MW	(T+.50%)		86		86			86
29364GAE3	3.625% Notes		3.625	%	09/15	Now		MW	(T+.35%)		550		-			-
29364GAF0	5.125% Notes		5.125	%	09/20	Now		MW	(T+.40%)		450		-			-
Total										$	2,718	$	2,927		$	4,365

(a) In December 2005, Entergy Corporation sold 10 million equity units with a stated amount of $50 each. An equity unit consisted of (1) a note, initially due February 2011 and initially bearing interest at an annual rate of 5.75%, and (2) a purchase contract that obligated the holder of the equity unit to purchase for $50 between 0.5705 and 0.7074 shares of Entergy Corporation common stock on or before February 17, 2009. Entergy paid the holders quarterly contract adjustment payments of 1.875% per year on the stated amount of $50 per equity unit. Under the terms of the purchase contracts, Entergy attempted to remarket the notes in February 2009 but was unsuccessful, the note holders put the notes to Entergy, Entergy retired the notes, and Entergy issued 6,598,000 shares of common stock in the settlement of the purchase contracts.

SECURITIES RATINGS (OUTLOOK)

	CORPORATE CREDIT
As of July 2011.		MOODY’S	S&P
Entergy Corporation		Baa3 (stable)	BBB (outlook negative)

23

UTILITY SELECTED DATA

UTILITY QUARTERLY FINANCIAL METRICS

	2010										2009										YTD %
	1Q		2Q		3Q		4Q		YTD		1Q		2Q		3Q		4Q		YTD		CHANGE
GAAP MEASURES
As-Reported Net Income ($ millions)		138.6		225.8		333.6		114.3		812.4		111.6		147.2		294.8		137.9		691.6		17.5
Return on Average Invested Capital –
As-Reported (%)(a)		6.5		7.1		7.2		6.9		6.9		6.0		5.8		5.9		6.4		6.4		7.8
Return on Average Common Equity –
As-Reported (%)(a)		10.4		11.4		11.8		11.4		11.4		8.8		8.5		8.8		10.1		10.1		12.9
Debt to Capital Ratio (%)		55.8		54.9		55.0		54.3		54.3		53.0		53.5		53.1		55.6		55.6		(2.3	)
NON-GAAP MEASURES
Operational Earnings ($ millions)		138.6		225.8		333.6		114.3		812.4		111.6		147.2		294.8		137.9		691.6		17.5
Return on Average Invested Capital –
Operational (%)(a)		6.5		7.1		7.2		6.9		6.9		6.0		5.8		5.9		6.4		6.4		7.8
Return on Average Common Equity –
Operational (%)(a)		10.4		11.4		11.8		11.4		11.4		8.8		8.5		8.8		10.1		10.1		12.9
Debt to Capital Ratio, excluding securitization debt (%)		53.4		52.5		52.3		51.6		51.6		52.0		52.6		52.2		53.2		53.2		(3.0	)
Net Debt to Net Capital Ratio, excluding securitization debt (%)		50.1		49.3		48.8		48.9		48.9		50.4		50.5		49.3		49.2		49.2		(0.6	)

^(a)  Rolling twelve months. Totals may not foot due to rounding.

UTILITY ANNUAL FINANCIAL METRICS

	2010		2009		2008		2007		2006(a)
GAAP MEASURES
As-Reported Net Income ($ millions)		812.4		691.6		587.8		682.7		691.2
Return on Average Invested Capital – As-Reported (%)		6.9		6.4		6.0		6.9		7.2
Return on Average Common Equity – As-Reported (%)		11.4		10.1		8.9		10.6		11.3
Debt to Capital Ratio (%)		54.3		55.6		53.0		51.5		51.3
NON-GAAP MEASURES
Operational Earnings ($ millions)		812.4		691.6		587.8		696.4		687.1
Return on Average Invested Capital – Operational (%)		6.9		6.4		6.0		7.0		7.2
Return on Average Common Equity – Operational (%)		11.4		10.1		8.9		10.8		11.2
Debt to Capital Ratio, excluding securitization debt (%)		51.6		53.2		52.0		50.3		51.3
Net Debt to Net Capital Ratio, excluding securitization debt (%)		48.9		49.2		50.0		47.2		49.1

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

UTILITY SECURITIES RATINGS (OUTLOOK)

	MORTGAGE BONDS		PREFERRED STOCK
As of July 2011.	MOODY’S	S&P	MOODY’S	S&P
Entergy Arkansas, Inc.	A3 (stable)	A–(outlook negative)	Ba1		BB+
Entergy Gulf States Louisiana, L.L.C.	A3 (stable)	BBB+ (outlook negative)	Ba1		BB+
Entergy Louisiana, LLC	A3 (stable)	A– (outlook negative)	Ba1		BB+
Entergy Mississippi, Inc.	Baa1 (stable)	A– (outlook negative)	Ba2		BB+
Entergy New Orleans, Inc.	Baa3 (stable)	BBB+ (outlook negative)	B1		BB
Entergy Texas, Inc.	Baa2 (stable)	BBB+ (outlook negative)	n/a		n/a
System Energy Resources, Inc.	Baa2 (stable)	BBB+ (outlook negative)	–		–

UTILITY HISTORICAL CAPITAL EXPENDITURES^(a)

($ millions)	2010		2009		2008		2007		2006
Entergy Arkansas		291		264		584		305		259
Entergy Gulf States Louisiana		237		274		360		168		159
Entergy Louisiana		428		468		584		322		449
Entergy Mississippi		224		131		156		157		240
Entergy New Orleans		80		62		103		94		76
Entergy Texas		163		188		284		167		217
System Energy Resources		56		91		86		84		34
Other		96		94		31		19		38
Total excluding Entergy New Orleans		1,495		1,510		2,085		1,222		1,396
Total including Entergy New Orleans		1,575		1,572		2,188		1,316		1,472

(a) Historical capital expenditures include storm capital spending.

Certain prior year data has been reclassified to conform with current year presentation.

24

UTILITY SELECTED DATA

UTILITY FINANCIAL RESULTS

UTILITY PLANNED CAPITAL EXPENDITURES

	2011
($ millions)	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy Resources		Other		Utility
Maintenance Capital:
Generation		35		28		28		7		2		13		12		1		126
Transmission		54		40		45		27		3		24		-		-		193
Distribution		116		57		99		86		21		62		-		-		440
Other		8		9		5		3		7		3		-		54		89
Total Maintenance Capital		213		134		177		123		33		102		12		55		848
Capital Commitments:
Generation		84		49		620		11		39		71		222		2		1,098
Transmission		49		37		68		45		-		12		-		-		213
Distribution		6		-		22		-		2		-		-		-		30
Other		5		8		3		1		13		3		1		11		44
Total Other Capital Commitments		144		94		713		57		54		86		223		13		1,385
Total Planned Capital Expenditures		357		228		890		180		87		188		235		68		2,233

Totals may not foot due to rounding.

	2012
($ millions)	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy Resources		Other		Utility
Maintenance Capital:
Generation		33		23		24		20		3		13		19		1		135
Transmission		60		34		58		27		2		28		-		-		209
Distribution		117		61		109		73		24		66		-		-		451
Other		7		8		4		3		8		3		1		67		100
Total Maintenance Capital		217		126		195		123		37		110		20		68		895
Capital Commitments:
Generation		319		41		270		223		2		74		141		-		1,071
Transmission		23		64		100		39		-		25		-		-		252
Distribution		10		-		16		-		1		-		-		-		26
Other		13		1		1		1		12		2		-		15		46
Total Other Capital Commitments		365		106		387		263		15		101		141		15		1,395
Total Planned Capital Expenditures		582		232		582		386		52		211		161		83		2,290

Totals may not foot due to rounding.

	2013
($ millions)	Entergy Arkansas		Entergy Gulf States Louisiana		Entergy Louisiana		Entergy Mississippi		Entergy New Orleans		Entergy Texas		System Energy Resources		Other		Utility
Maintenance Capital:
Generation		34		25		25		13		1		9		13		2		123
Transmission		51		30		62		28		2		33		-		-		207
Distribution		113		56		117		72		23		66		-		-		448
Other		7		10		5		4		9		2		1		54		90
Total Maintenance Capital		205		121		209		117		35		110		14		56		868
Capital Commitments:
Generation		97		61		349		33		2		66		20		-		628
Transmission		18		30		96		21		1		58		-		-		223
Distribution		11		-		2		-		-		-		-		-		14
Other		13		1		3		3		12		3		-		23		57
Total Other Capital Commitments		139		92		450		57		15		127		20		23		922
Total Planned Capital Expenditures		344		213		659		174		50		237		34		79		1,790

Totals may not foot due to rounding.

2010 UTILITY CONSOLIDATING INCOME STATEMENT (unaudited)

In thousands, for the year ending December 31, 2010.	EAI			EGSL			ELL			EMI			ENOI			ETI			SERI			OTHER/ ELIMINATIONS			UTILITY
OPERATING REVENUES:
Electric	$	2,082,447		$	2,015,710		$	2,538,766		$	1,230,185		$	542,919		$	1,690,431		$	558,584		$	(1,915,368	)	$	8,743,674
Natural gas		-			81,311			-			-			116,347			-			-			-			197,658
Total		2,082,447			2,097,021			2,538,766			1,230,185			659,266			1,690,431			558,584			(1,915,368	)		8,941,332
OPERATING EXPENSES:
Operation and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		378,699			312,960			667,744			277,806			169,644			343,083			69,962			(2,633	)		2,217,265
Purchased power		485,447			851,694			847,464			383,769			218,025			743,438			-			(1,901,671	)		1,628,166
Nuclear refueling outage expenses		41,800			24,046			24,955			-			-			-			17,398			-			108,199
Other operation and maintenance		495,443			361,329			432,341			217,354			130,917			209,699			124,690			(22,881	)		1,948,892
Decommissioning		35,790			13,400			22,960			-			-			-			31,374			734			104,258
Taxes other than income taxes		85,564			77,519			68,687			66,841			44,749			63,897			23,412			702			431,371
Depreciation and amortization		232,085			132,714			198,133			89,875			35,354			76,057			138,641			(732	)		902,127
Other regulatory charges (credits) – net		1,603			(1,248	)		(20,192	)		16,001			(1,072	)		63,683			(12,040	)		(1,814	)		44,921
Total		1,756,431			1,772,414			2,242,092			1,051,646			597,617			1,499,857			393,437			(1,928,295	)		7,385,199
OPERATING INCOME		326,016			324,607			296,674			178,539			61,649			190,574			165,147			12,927			1,556,133
OTHER INCOME:
Allowance for equity funds used during construction		4,118			5,513			26,875			6,655			667			5,661			9,892			-			59,381
Interest and investment income		46,363			42,293			80,007			416			544			7,222			12,639			(6,991	)		182,493
Miscellaneous – net		(1,743	)		(8,016	)		(4,043	)		(804	)		(2,478	)		(3,220	)		(518	)		-			(20,821	)
Total		48,738			39,790			102,839			6,267			(1,267	)		9,663			22,013			(6,991	)		221,053
INTEREST AND OTHER CHARGES:
Interest expense		91,598			101,318			119,484			55,774			13,170			95,272			51,912			(308	)		528,220
Allowance for borrowed funds used during construction		(2,406	)		(3,537	)		(17,952	)		(3,719	)		(320	)		(3,618	)		(3,425	)		(2	)		(34,979	)
Total		89,192			97,781			101,532			52,055			12,850			91,654			48,487			(310	)		493,241
INCOME BEFORE INCOME TAXES		285,562			266,616			297,981			132,751			47,532			108,583			138,673			6,246			1,283,945
Income taxes		112,944			75,878			66,546			49,064			16,527			42,383			56,049			34,836			454,227
CONSOLIDATED NET INCOME		172,618			190,738			231,435			83,687			31,005			66,200			82,624			(28,590	)		829,718
Preferred dividend requirements and other		6,873			827			6,950			2,828			965			-			-			(1,112	)		17,331
EARNINGS APPLICABLE TO COMMON STOCK/EQUITY	$	165,745		$	189,911		$	224,485		$	80,859		$	30,040		$	66,200		$	82,624		$	(27,477	)	$	812,387

Totals may not foot due to rounding.

25

UTILITY FINANCIAL RESULTS

2010 UTILITY CONSOLIDATING BALANCE SHEET (unaudited)

																					OTHER/
In thousands, as of December 31, 2010.	EAI			EGSL			ELL			EMI			ENOI			ETI			SERI		ELIMINATIONS			UTILITY
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	4,250		$	231		$	708		$	1,207		$	1,386		$	1,719		$	903	$	59,778		$	70,182
Temporary cash investments		101,852			154,942			122,546			9			53,600			33,623			262,869		21,962			751,403
Total cash and cash equivalents		106,102			155,173			123,254			1,216			54,986			35,342			263,772		81,740			821,585
Securitization recovery trust account		2,412			-			-			-			-			40,632			-		-			43,044
Notes receivable		-			-			-			-			-			-			-		-			-
Accounts receivable:
Customer		79,905			60,369			85,799			58,204			38,160			56,358			-		6,588			385,383
Allowance for doubtful accounts		(24,402	)		(1,306	)		(1,961	)		(985	)		(734	)		(2,185	)		-		(2	)		(31,575	)
Associated companies		82,583			119,252			81,050			41,803			44,842			53,128			147,180		(549,624	)		20,214
Other		61,135			27,728			14,594			7,500			1,824			11,605			5,070		20,913			150,369
Accrued unbilled revenues		74,227			56,616			71,659			41,714			19,100			39,471			-		-			302,787
Total account receivable		273,448			262,659			251,141			148,236			103,192			158,377			152,250		(522,125	)		827,178
Deferred fuel costs		61,502			-			-			3,157			-			-			-		-			64,659
Accumulated deferred income taxes		-			-			7,072			19,308			15,092			44,752			-		(77,752	)		8,472
Fuel inventory - at average cost		37,699			25,827			-			6,878			2,646			53,872			-		78,336			205,258
Materials and supplies - at average cost		140,095			113,302			138,050			34,499			9,896			28,842			84,077		(3	)		548,758
Deferred nuclear refueling outage costs		23,099			7,372			11,364			-			-			-			22,627		-			64,463
System agreement cost equalization		52,160			-			-			-			-			-			-		-			52,160
Prepaid taxes		86,693			40,946			-			-			-			-			68,039		(5,329	)		190,349
Prepayments and other		7,877			5,127			35,729			4,902			5,375			14,856			1,142		(10,881	)		64,127
Total		791,087			610,406			566,610			218,196			191,187			376,673			591,907		(456,014	)		2,890,053
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates - at equity		11,200			339,664			807,424			5,535			3,259			812			-		(20,623	)		1,147,271
Decommissioning trust funds		520,841			393,580			240,535			-			-			-			387,876		-			1,542,832
Non-utility property - at cost																	-			-
less accumulated depreciation)		1,684			156,845			946			4,753			1,016			1,223			-		204			166,671
Storm reserve escrow account		-			90,125			200,972			31,862			5,953			-			-		(328,912	)		-
Other		2,976			12,011			-			-			-			17,037			-		332,913			364,937
Total		536,701			992,225			1,249,877			42,150			10,228			19,072			387,876		(16,418	)		3,221,711
PROPERTY, PLANT AND EQUIPMENT
Electric		7,787,348			6,907,268			7,216,146			3,174,148			822,003			3,205,566			3,362,422		532,493			33,007,394
Property under capital lease		1,303			-			264,266			13,197			-			-			489,175		32,137			800,078
Natural gas		-			124,020			-			-			206,148			-			-		-			330,168
Construction work in progress		114,324			119,017			521,172			147,169			11,669			80,096			210,536		96,224			1,300,207
Nuclear fuel under capital lease		-			-			-			-			-			-			-		-			-
Nuclear fuel		188,611			202,609			134,528			-			-			-			155,282		79,110			760,140
Total property, plant and equipment		8,091,586			7,352,914			8,136,112			3,334,514			1,039,820			3,285,662			4,217,415		739,964			36,197,987
Less - accumulated depreciation and amortization		3,683,001			3,812,394			3,457,190			1,166,463			531,871			1,245,729			2,417,811		355,451			16,669,910
Property, plant and equipment - net		4,408,585			3,540,520			4,678,922			2,168,051			507,949			2,039,933			1,799,604		384,513			19,528,077
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
Regulatory asset for income taxes - net		98,836			234,406			235,404			63,533			-			127,046			126,642		(40,142	)		845,725
Other regulatory assets		892,449			270,883			662,746			253,231			135,282			1,168,960			296,715		157,971			3,838,237
Deferred fuel costs		-			100,124			67,998			-			4,080			-			-		-			172,202
Long-term receivables - associated companies		-			-			-			-			-			32,596			-		(32,596	)		-
Goodwill		-			-			-			-			-			-			-		374,099			374,099
Accumulated deferred income taxes		-			-			-			-			-			-			-		4,310			4,310
Other		23,710			14,832			26,866			16,474			4,822			19,584			21,326		78,212			205,826
Total		1,014,995			620,245			993,014			333,238			144,184			1,348,186			444,683		541,854			5,440,399
TOTAL ASSETS	$	6,751,368		$	5,763,396		$	7,488,423		$	2,761,635		$	853,548		$	3,783,864		$	3,224,070	$	453,936		$	31,080,240

Totals may not foot due to rounding.

26

UTILITY FINANCIAL RESULTS

2010 UTILITY CONSOLIDATING BALANCE SHEET (unaudited)

																		OTHER/
In thousands, as of December 31, 2010.	EAI		EGSL			ELL			EMI			ENOI		ETI		SERI		ELIMINATIONS			UTILITY
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	35,000	$	-		$	35,550		$	80,000		$	-	$	-	$	33,740	$	-		$	184,291
Notes payable and commercial paper:
Associated companies		-		-			-			-			-		-		-		-			-
Other		62,777		-			23,066			-			-		-		38,264		30,028			154,135
Accounts payable:
Associated companies		92,627		71,601			148,528			75,128			25,140		69,862		6,520		(479,710	)		9,696
Other		114,454		160,246			140,564			53,417			30,093		70,325		38,447		271,038			878,584
Customer deposits		72,535		48,631			84,437			65,873			21,206		38,376		-		4,000			335,058
Taxes accrued		-		-			-			27,739			-		28,551		-		(56,290	)		-
Accumulated deferred income taxes		82,820		1,749			-			-			-		-		8,508		(101,139	)		(8,062	)
Interest accrued		27,020		27,261			31,889			21,094			2,828		33,677		56,081		1,949			201,799
Deferred fuel costs		-		22,301			59,227			-			6,927		77,430		-		524			166,409
Obligations under capital leases		69		-			-			-			-		-		-		3,319			3,388
Pension and other postretirement liabilities		-		7,415			8,632			-			-		1,354		-		16,882			34,283
System agreement cost equalization		-		-			-			36,650			15,510		-		-		-			52,160
Other		21,046		15,049			17,514			9,895			2,655		4,222		2,258		6,050			78,689
Total		508,348		354,253			549,407			369,796			104,359		323,797		183,818		(303,349	)		2,090,430
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued		1,661,365		1,405,374			1,896,685			680,467			180,290		829,668		617,012		243,436			7,514,297
Accumulated deferred investment tax credits		44,928		84,858			76,453			6,541			1,835		20,936		54,755		2,024			292,330
Obligations under capital leases		1,234		-			-			10,747			-		-		-		30,097			42,078
Regulatory liability for income taxes - net		-		-			-			-			40,142		-		-		(40,142	)		-
Other regulatory liabilities		140,801		83,479			88,899			262			-		26,178		201,364		(1,957	)		539,026
Decommissioning and asset retirement cost liabilities		602,164		339,925			321,176			5,375			3,396		3,651		452,782		-			1,728,469
Accumulated provisions		7,970		97,680			223,556			39,466			11,206		5,320		-		2,883			388,081
Pension and other postretirement liabilities		415,925		220,432			345,725			104,912			48,815		72,724		105,245		386,590			1,700,368
Long-term debt		1,828,910		1,616,928			1,771,566			745,378			167,215		1,659,230		796,728		(32,597	)		8,553,358
Gas system rebuild insurance proceeds		-		-			-			-			75,700		-		-		(75,700	)		-
Other		19,467		51,254			78,085			22,086			9,184		18,070		-		513,914			712,060
Total		4,722,764		3,899,930			4,802,145			1,615,234			537,783		2,635,777		2,227,886		1,028,548			21,470,067
Commitments and Contingencies
Subsidiaries preferred stock without sinking fund		116,350		-			-			50,381			19,780		-		-		-			186,510
EQUITY:
Common stock or members’ equity		470		1,539,517			2,061,833			199,326			33,744		49,452		789,350		(2,512,424	)		2,161,268
Paid-in capital/capital stock expense and other		588,444		-			-			(690	)		36,294		481,994		-		1,310,591			2,416,633
Retained earnings		814,992		-			-			527,588			121,588		292,844		23,016		1,109,289			2,889,317
Accumulated other comprehensive income (loss)		-		(40,304	)		(24,962	)		-			-		-		-		(42,719	)		(107,985	)
Less – treasury stock, at cost		-		-			-			-			-		-		-		120,000			120,000
Total		1,403,906		1,499,213			2,036,871			726,224			191,626		824,290		812,366		(255,263	)		7,239,233
Subsidiaries preferred stock without sinking fund		-		10,000			100,000			-			-		-		-		(16,000	)		94,000
Total		1,403,906		1,509,213			2,136,871			726,224			191,626		824,290		812,366		(271,263	)		7,333,233
TOTAL LIABILITIES AND EQUITY	$	6,751,368	$	5,763,396		$	7,488,423		$	2,761,635		$	853,548	$	3,783,864	$	3,224,070	$	453,936		$	31,080,240

Totals may not foot due to rounding.

27

UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS

	2010		2009		2008		2007			2006
ENTERGY ARKANSAS, INC.
As-Reported Earnings ($ millions)		165.7		60.0		40.3		132.2			165.6
Less Special Items ($ millions)		-		-		-		(5.9	)		-
Operational Earnings ($ millions)		165.7		60.0		40.3		138.1			165.6
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)		11.8		4.3		2.9		9.4			11.6
Return on Average Invested Capital – As-Reported (%)		6.7		3.7		3.2		6.5			7.6
Cash Flow Interest Coverage (# times)		6.7		5.3		6.3		5.2			7.0
Debt to Capital Ratio (%)		55.9		54.0		53.5		49.0			48.1
Total Debt ($ millions)		1,928		1,793		1,745		1,442			1,436
Total Preferred ($ millions)		116		116		116		116			116
Total Equity ($ millions)		1,404		1,412		1,400		1,385			1,434
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)		11.8		4.3		2.9		9.8			11.6
Return on Average Invested Capital – Operational (%)		6.8		3.7		3.2		6.7			7.6
Total Debt, excluding securitization debt ($ millions)		1,804		1,793		1,745		1,442			1,436
Debt to Capital Ratio, excluding securitization debt (%)		54.3		54.0		53.5		49.0			48.1
Net Debt to Net Capital Ratio, excluding securitization debt (%)		52.8		52.8		52.9		49.0			47.5
							2007 PRO  FORMA(a)
ENTERGY GULF STATES LOUISIANA, L.L.C.
As-Reported Earnings ($ millions)		189.9		152.2		143.9		129.9
Less Special Items ($ millions)		-		-		-		(3.6	)
Operational Earnings ($ millions)		189.9		152.2		143.9		133.5
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)		13.0		11.1		11.0		10.4
Return on Average Invested Capital – As-Reported (%)		7.9		6.6		6.1		6.8
Cash Flow Interest Coverage (# times)		8.4		3.1		5.4		3.9	(b)
Debt to Capital Ratio (%)		51.2		55.3		62.2		65.4
Total Debt ($ millions)		1,584		1,783		2,188		2,460			REFER TO PAGE 30
Total Preferred ($ millions)		10		10		10		10
Total Equity ($ millions)		1,499		1,432		1,322		1,290
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)		13.0		11.1		11.0		10.6
Return on Average Invested Capital – Operational (%)		8.2		7.7		8.2		8.3
Total Debt, excluding assumption debt ($ millions)		1,584		1,615		1,418		1,381
Debt to Capital Ratio, excluding assumption debt (%)		51.2		52.8		51.6		51.5
Net Debt to Net Capital Ratio, excluding assumption debt (%)		48.6		50.5		50.7		49.5
(a)    Effective December 31, 2007, Entergy Gulf States, Inc. completed a jurisdictional separation into two vertically integrated utility companies: Entergy Texas and Entergy Gulf States Louisiana. The above pro forma metrics for 2007 reflect the results as if the separation had occurred on January 1, 2007. (b)    See page 69 for Pro Forma calculation.
ENTERGY LOUISIANA, LLC
As-Reported Earnings ($ millions)		224.5		225.9		150.6		136.4			130.7
Less Special Items ($ millions)		-		-		-		(2.2	)		-
Operational Earnings ($ millions)		224.5		225.9		150.6		138.6			130.7
GAAP MEASURES
Return on Average Members’ Equity – As-Reported (%)		11.7		13.2		9.8		9.8			10.8
Return on Average Invested Capital – As-Reported (%)		7.6		8.2		7.1		7.1			7.3
Cash Flow Interest Coverage (# times)		10.4		2.3		14.0		5.6			6.1
Debt to Capital Ratio (%)		46.1		49.9		46.1		43.4			46.4
Total Debt ($ millions)		1,830		1,902		1,462		1,192			1,230
Total Preferred ($ millions)		100		100		100		100			100
Total Equity ($ millions)		2,037		1,812		1,608		1,454			1,318
NON-GAAP MEASURES
Return on Average Members’ Equity – Operational (%)		11.7		13.2		9.8		10.0			10.8
Return on Average Invested Capital – Operational (%)		7.6		8.2		7.1		7.2			7.3
Net Debt to Net Capital Ratio (%)		44.4		47.8		43.6		43.4			46.4

28

UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS (CONTINUED)

	2010		2009		2008		2007		2006
ENTERGY MISSISSIPPI, INC.
As-Reported Earnings ($ millions)		80.9		74.8		56.9		69.3		49.5
Less Special Items ($ millions)		-		-		-		-		-
Operational Earnings ($ millions)		80.9		74.8		56.9		69.3		49.5
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)		11.4		11.0		8.6		10.9		8.3
Return on Average Invested Capital – As-Reported (%)		7.2		7.2		6.2		6.9		5.9
Cash Flow Interest Coverage (# times)		3.3		5.4		2.7		4.8		10.1
Debt to Capital Ratio (%)		51.9		53.5		49.6		49.9		54.3
Total Debt ($ millions)		839		852		703		704		795
Total Preferred ($ millions)		50		50		50		50		50
Total Equity ($ millions)		726		689		665		657		618
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)		11.4		11.0		8.6		10.9		8.3
Return on Average Invested Capital – Operational (%)		7.2		7.2		6.2		6.9		5.9
Net Debt to Net Capital Ratio (%)		51.9		50.7		49.5		48.4		51.9
ENTERGY NEW ORLEANS, INC.
As-Reported Earnings ($ millions)		30.0		30.0		34.0		23.5		4.1
Less Special Items ($ millions)		-		-		-		-		-
Operational Earnings ($ millions)		30.0		30.0		34.0		23.5		4.1
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)		15.0		14.3		17.5		14.2		2.7
Return on Average Invested Capital – As-Reported (%)		8.9		8.2		9.5		7.7		3.3
Cash Flow Interest Coverage (# times)		4.9		9.8		5.3		11.5		5.9
Debt to Capital Ratio (%)		44.2		54.4		54.1		60.6		61.9
Total Debt ($ millions)		167		272		273		304		282
Total Preferred ($ millions)		20		20		20		20		20
Total Equity ($ millions)		192		209		211		177		154
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)		15.0		14.3		17.5		14.2		2.7
Return on Average Invested Capital – Operational (%)		8.9		8.2		9.5		7.7		3.3
Net Debt to Net Capital Ratio (%)		34.7		26.2		37.0		51.8		60.4
							2007 PRO  FORMA(a)
ENTERGY TEXAS, INC.
As-Reported Net Income ($ millions)		66.2		63.8		57.9		58.9
Less Special Items ($ millions)		-		-		-		-
Operational Net Income ($ millions)		66.2		63.8		57.9		58.9
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)		7.9		7.3		6.1		5.9
Return on Average Invested Capital – As-Reported (%)		4.9		5.4		4.5		4.9
Cash Flow Interest Coverage (# times)		1.4		3.7		1.1		3.0
Debt to Capital Ratio (%)		66.8		66.3		59.9		58.5
Total Debt ($ millions)		1,659		1,658		1,345		1,413
Total Preferred ($ millions)		-		-		-		-
Total Equity ($ millions)		824		844		900		1,004		REFER TO PAGE 30
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)		7.9		7.3		6.6		7.0
Return on Average Invested Capital – Operational (%)		7.3		7.1		5.5		5.7
Total Debt, excluding securitization debt ($ millions)		852		820		1,035		1,083
Total Equity, excluding equity infusion from parent returned beginning of 08 ($ millions)		824		844		900		854
Debt to Capital Ratio, excluding securitization debt and equity infusion from parent (%)		50.8		49.3		53.5		55.9
Net Debt to Net Capital Ratio, excluding securitization debt and equity infusion from parent (%)		49.8		42.3		53.4		47.9

(a) Effective December 31, 2007, Entergy Gulf States, Inc. completed a jurisdictional separation into two vertically integrated utility companies: Entergy Texas and Entergy Gulf States Louisiana. The above pro forma metrics for 2007 reflect the results as if the separation had occurred on January 1, 2007.

Certain prior year data has been reclassified to conform with current year presentation.

29

UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS (CONTINUED)

	2010		2009		2008		2007			2006
SYSTEM ENERGY RESOURCES, INC.
As-Reported Net Income ($ millions)		82.6		48.9		91.1		136.1			140.3
Less Special Items ($ millions)		-		-		-		(1.9	)		-
Operational Net Income ($ millions)		82.6		48.9		91.1		138.0			140.3
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)		10.1		5.8		10.6		15.8			16.0
Return on Average Invested Capital – As-Reported (%)		6.8		4.4		7.1		9.8			9.9
Cash Flow Interest Coverage (# times)		6.0		10.5		4.9		4.9			3.1
Debt to Capital Ratio (%)		51.7		49.7		51.2		50.6			50.6
Total Debt ($ millions)		869		820		899		882			879
Total Preferred ($ millions)		-		-		-		-			-
Total Equity ($ millions)		812		830		856		862			857
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)		10.1		5.8		10.6		16.0			16.0
Return on Average Invested Capital – Operational (%)		6.8		4.4		7.1		9.9			9.9
Net Debt to Net Capital Ratio (%)		42.7		40.1		48.2		47.4			46.4

ENTERGY GULF STATES, INC.

As-Reported Earnings ($ millions)	208.0
Less Special Items ($ millions)	-
Operational Earnings ($ millions)	208.0
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)	9.4
Return on Average Invested Capital – As-Reported (%)	6.4
Cash Flow Interest Coverage (# times)	6.5
Debt to Capital Ratio (%)	52.0
Total Debt ($ millions)	2,442
Total Preferred ($ millions)	47
Total Equity ($ millions)	2,206
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)	9.4
Return on Average Invested Capital – Operational (%)	6.4
Net Debt to Net Capital Ratio (%)	50.1

30

UTILITY SECURITIES DETAIL

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY ARKANSAS, INC.

BONDS: CUSIP		TYPE*	RATE	MATURITY DATE	FIRST CALL DATE	CURRENT OR FIRST CALL PRICE	AS OF DECEMBER 31,
							2010			2009			2008
										(in millions)
29364DAM2	4.50% Series	M	4.50%	06/10	Now	MW (T + .25%)	$	-		$	100		$	100
29364DAN0	5.40% Series	M	5.40%	08/13	Now	MW (T + .35%)		300			300			300
732835AW3	6.3% Series – Pope County(c)	G(b)	6.3%	2016	Now	100%		-			20			20
472712ER5	4.6% Series – Jefferson County(c)	G(b)	4.6%	2017	6/13/11	100%		55			55			55
29364DAE0	5.4% Series	M	5.4%	05/18	Now	100%		-			150			150
29364DAH3	5.0% Series	M	5.0%	07/18	Now	100%		115			115			115
732835BA0	6.3% Series – Pope County	G(b)	6.3%	2020	Now	100%		-			120			120
29364DAQ3	3.75% Series	M	3.75%	02/21	Now	MW (T + .20%)		350			-			-
453424BP	5.0% Series – Independence County(c)	G(b)	5.0%	2021	7/1/10	100%		45			45			45
29364DAL4	5.66% Series	M	5.66%	02/25	Now	MW (T + .20%)		175			175			175
29364D811	6.7% Series	M	6.7%	04/32	Now	100%		-			100			100
29364D795	6.0% Series	M	6.0%	11/32	Now	100%		-			100			100
29364DAJ9	5.9% Series	M	5.9%	06/33	Now	MW (T + .25%)		100			100			100
29364DAK6	6.38% Series	M	6.38%	11/34	Now	100%		60			60			60
29364D779	5.75% Series	M	5.75%	11/40	11/1/15	100%		225			-			-
	Total bonds							1,425			1,439			1,439
OTHER LONG-TERM DEBT:
	5.60% Series G – Variable Interest Entity Note Payable		5.60%	09/11				35			-			-
	9% Series H – Variable Interest Entity Note Payable		9.00%	06/13				30			-			-
	5.69% Series I – Variable Interest Entity Note Payable		5.69%	07/14				70			-			-
	2.30% Series Senior Secured – Securitization Bond		2.30%	08/21				124			-			-
	Long-Term United States Department of Energy Obligation(d)							181			181			180
	Unamortized Premium and Discount – Net							(1	)		(1	)		(1	)
TOTAL LONG-TERM DEBT								1,864			1,619			1,618
Less Amount Due Within One Year								35			100			-
Long-Term Debt Excluding Amount Due Within One Year							$	1,829		$	1,519		$	1,618
Fair Value of Long-Term Debt(a)							$	1,713		$	1,463		$	1,306
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate								5.1	%		5.6	%		5.6	%

(a) The fair value excludes long-term DOE obligations of $181 million at Entergy Arkansas and includes debt due within one year. Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker / dealer quotes, and issuer spreads.

(b) Consists of pollution control revenue bonds and environmental revenue bonds.

(c) The bonds are secured by a series of collateral first mortgage bonds.

(d) Pursuant to the Nuclear Waste Policy Act of 1982, Entergy’s nuclear owner / licensee subsidiaries have contracts with the DOE for spent nuclear fuel disposal service. The contracts include a one-time fee for generation prior to April 7, 1983. Entergy Arkansas is the only Entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee, plus accrued interest, in long-term debt.

Totals may not foot due to rounding.

	(in millions)		(in millions)			(in millions)		(in millions)		(in millions)		(in millions)		(in millions)			(in millions)		(in millions)
PREFERRED STOCK:					SHARES AUTHORIZED AND OUTSTANDING AS OF DECEMBER 31,						AS OF DECEMBER 31,							CALL PRICE PER SHARE AS OF DECEMBER 31,
CUSIP		RATE			2010		2009		2008		2010		2009			2008		2010
	Without sinking fund:													(in millions	)
	Cumulative, $100 par value:
29364D209	4.32% Series		4.32	%		70,000		70,000		70,000	$	7	$	7		$	7		$103.65
29364D506	4.72% Series		4.72	%		93,500		93,500		93,500		9		9			9		107.00
29364D308	4.56% Series		4.56	%		75,000		75,000		75,000		8		8			8		102.83
29364D407	4.56% 1965 Series		4.56	%		75,000		75,000		75,000		8		8			8		102.50
29364D605	6.08% Series		6.08	%		100,000		100,000		100,000		10		10			10		102.83
	Cumulative, $25 par value:
29364D787	6.45% Series(a)		6.45	%		3,000,000		3,000,000		3,000,000		75		75			75		-
	Total without sinking fund					3,413,500		3,413,500		3,413,500	$	116	$	116		$	116

(a) Series was non-callable until April 2011; thereafter callable at par.

Totals may not foot due to rounding.

31

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY GULF STATES LOUISIANA, L.L.C.

BONDS: CUSIP		TYPE*	RATE	MATURITY DATE	FIRST CALL DATE	CURRENT OR FIRST CALL PRICE	AS OF DECEMBER 31,
							2010			2009			2008
											(in millions	)
29364LAN5	Libor + 0.4% Series	M(b)	Libor + 0.4%	12/09	Now	100%	$	-			-		$	219
29364LAV4	5.12% Series	M(b)	5.12%	08/10	Now	100%		-			-			100
128318BL5	5.45% Series – Calcasieu Parish	G(b,c)	5.45%	2010	Now	100%		-			12			22
29364LAQ5	4.875% Series	M(b)	4.875%	11/11	Now	100%		-			200			200
29364LAF9	6.0% Series	M(b)	6.0%	12/12	Now	100%		-			-			140
128318BH4	6.75% Series – Calcasieu Parish	G(b,c)	6.75%	2012	Now	100%		26			26			48
730816AF9	6.7% Series – Pointe Coupee Parish	G(b,c)	6.7%	2013	Now	100%		9			9			17
29364LAS1	5.6% Series	M(b)	5.6%	12/14	Now	100%		-			-			50
450877AJ	5.7% Series – Iberville Parish	G(b,c)	5.7%	2014	Now	100%		12			12			22
29364LAU6	5.70% Series	M(b)	5.70%	06/15	Now	MW (T +. 30%)		-			200			200
29364LAN2	5.25% Series	M(b)	5.25%	08/15	Now	100%		-			92			200
952789AQ8	5.8% Series – West Feliciana Parish	G(b,c)	5.8%	2015	Now	100%		-			15			28
952789AW5	7.0% Series – West Feliciana Parish	G(b,c)	7.0%	2015	Now	100%		-			17			39
546398K23	2.875% Series – Louisiana Public Facilities Authority	G(c,d)	2.875%	2015	Non-Call Life			32			-			-
952789AR6	5.8% Series – West Feliciana Parish	G(b,c)	5.8%	2016	Now	100%		11			20			20
29365PAM4	6.00% Series	M	6.00%	05/18	Now	MW (T + .40%)		375			375			375
29365PAQ5	3.95% Series	M	3.95%	10/20	Now	MW (T +. 25%)		250			-			-
29365PAP7	5.59% Series	M	5.59%	10/24	Now	MW (T + .40%)		300			300			-
952789BB0	6.6% Series – West Feliciana Parish	G(b,c)	6.6%	2028	Now	100%		-			22			40
546398J90	5.0% Series – Louisiana Public Facilities Authority	G(c,d)	5.0%	2028	9/1/15	100%		84			-			-
29364LAL6	6.2% Series	M(b)	6.2%	07/33	Now	MW (T + .15%)		240			240			240
29364LAT9	6.18% Series	M(b)	6.18%	03/35	Now	MW (T + .30%)		85			85			85
	Total bonds							1,424			1,625			2,045
OTHER LONG-TERM DEBT:
	5.41% Series O – Variable Interest Entity Note Payable		5.41%	07/12				60			-			-
	5.56% Series N – Variable Interest Entity Note Payable		5.56%	05/13				75			-			-
	Credit Facility – weighted average rate 2.125%		2.125%	07/13				24			-			-
	Unamortized Premium and Discount – Net							(2	)		(2	)		(2	)
	Other							4			4			4
TOTAL LONG-TERM DEBT								1,584			1,626			2,047
Less Amount Due Within One Year								-			12			219
Long-Term Debt Excluding Amount Due Within One Year							$	1,584		$	1,614		$	1,828
Fair Value of Long-Term Debt(a)							$	1,644		$	1,638		$	1,871
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate								5.5	%		5.8	%		5.4	%

(a) The fair value includes debt due within one year. Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker / dealer quotes, and issuer spreads.

(b) Entergy Gulf States Louisiana was primarily liable for all of the long-term debt issued by Entergy Gulf States, Inc. that was outstanding on December 31, 2007. Under a debt assumption agreement with Entergy Gulf States Louisiana, Entergy Texas assumed approximately 46% of this long-term debt. Entergy Gulf States Louisiana recorded an assumption asset on its balance sheet to reflect the long-term debt assumed by Entergy Texas.

By June 2010, Entergy Texas had repaid the outstanding assumed debt and the debt assumption agreement was terminated.

(c) Consists of pollution control revenue bonds and environmental revenue bonds.

(d) The bonds are secured by a series of collateral first mortgage bonds.

Totals may not foot due to rounding.

PREFERRED MEMBERSHIP INTERESTS:			SHARES / UNITS AUTHORIZED AND OUTSTANDING AS OF DECEMBER 31,						AS OF DECEMBER 31,							CALL PRICE PER SHARE /UNIT AS OF DECEMBER 31,
CUSIP		RATE	2010		2009		2008		2010		2009			2008		2010
	Without sinking fund:											(in millions	)
	Cumulative, $100 liquidation value:
29364L763	8.25% Series(a)	8.25%		100,000		100,000		100,000	$	10	$	10		$	10		-
	Authorized 6,000,000 shares, $100 par value, cumulative
	Total without sinking fund			100,000		100,000		100,000	$	10	$	10		$	10

(a) Series is non-callable until January 2016; thereafter callable at par.

Totals may not foot due to rounding.

32

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY LOUISIANA, LLC

BONDS: CUSIP		TYPE*	RATE	MATURITY DATE	FIRST CALL DATE	CURRENT OR FIRST CALL PRICE	AS OF DECEMBER 31,
							2010			2009			2008
											(in millions	)
29364WAD0	4.67% Series	M	4.67%	06/10	Now	MW (T + .20%)	$	-		$	55		$	55
29364WAG3	5.83% Series	M	5.83%	11/10	Now	100%		-			150			150
29364WAC2	5.09% Series	M	5.09%	11/14	Now	100%		-			115			115
29364WAE8	5.56% Series	M	5.56%	09/15	Now	MW (T + .25%)		-			100			100
29364WAJ7	6.50% Series	M	6.50%	09/18	Now	MW (T + .40%)		300			300			300
29364WAA6	5.5% Series	M	5.5%	04/19	Now	100%		-			100			100
29364WAK4	5.40% Series	M	5.40%	11/24	Now	MW (T + .35%)		400			400			-
29364WAM0	4.44% Series	M	4.44%	01/26	Now	MW (T + .30%)		250			-			-
546398J82	5.0% Series – Louisiana Public Facilities Authority	G(b,c)	5.0%	2030	12/1/15	100%		115			-			-
29364W207	7.6% Series	M	7.6%	04/32	Now	100%		-			150			150
29364WAB4	6.4% Series	M	6.4%	10/34	Now	100%		70			70			70
29364WAF5	6.3% Series	M	6.3%	09/35	Now	MW (T + .35%)		100			100			100
29364W306	6.0% Series	M	6.0%	03/40	3/15/15	100%		150			-			-
29364W405	5.875% Series	M	5.875%	06/41	11/23/15	100%		150			-			-
	Total bonds							1,535			1,540			1,140
OTHER LONG-TERM DEBT:
	Waterford 3 Lease Obligation 7.45%		7.45%					224			241			248
	5.69% Series E – Variable Interest Entity Note Payable		5.69%	07/14				50			-			-
	Unamortized Premium and Discount – Net							(2	)		(2	)		-
TOTAL LONG-TERM DEBT								1,807			1,780			1,387
Less Amount Due Within One Year								36			222			-
Long-Term Debt Excluding Amount Due Within One Year							$	1,772		$	1,557		$	1,387
Fair Value of Long-Term Debt(a)							$	1,515		$	1,566		$	1,085
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate								5.9	%		6.1	%		6.4	%

(a) The fair value excludes lease obligations of $224 million at Entergy Louisiana and includes debt due within one year. Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker / dealer quotes, and issuer spreads.

(b) Consists of pollution control revenue bonds and environmental revenue bonds.

(c) The bonds are secured by a series of collateral first mortgage bonds.

Totals may not foot due to rounding.

PREFERRED MEMBERSHIP INTERESTS:					UNITS AUTHORIZED AND OUTSTANDING AS OF DECEMBER 31,						AS OF DECEMBER 31,						CALL PRICE PER UNIT AS OF DECEMBER 31,
CUSIP		RATE			2010		2009		2008		2010		2009		2008		2010
	Without sinking fund:													(in millions)
	Cumulative, $100 liquidation value:
293649208	6.95% Series(a)		6.95	%		1,000,000		1,000,000		1,000,000	$	100	$	100	$	100		-
	Total without sinking fund					1,000,000		1,000,000		1,000,000	$	100	$	100	$	100

(a) Series is callable at par.

33

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY MISSISSIPPI, INC.

BONDS: CUSIP		TYPE*	RATE	MATURITY DATE	FIRST CALL DATE	CURRENT OR FIRST CALL PRICE	AS OF DECEMBER 31,
							2010			2009			2008
											(in millions	)
29364NAM0	4.65% Series	M	4.65%	05/11	Now	MW (T + .30%)	$	80		$	80		$	80
29364NAH1	5.15% Series	M	5.15%	02/13	Now	MW (T + .20%)		100			100			100
29364NAN8	5.92% Series	M	5.92%	02/16	Now	MW (T + .30%)		100			100			100
29364NAK4	4.95% Series	M	4.95%	06/18	Now	100%		95			95			95
29364NAP3	6.64% Series	M	6.64%	07/19	Now	MW (T + .50%)		150			150			-
605277AF9	4.60% Series – Mississippi Business Finance Corp.	G(b,c)	4.60%	2022	10/1/09	100%		16			16			16
453424BN2	4.90 Series – Independence County(d)	G(b,c)	4.90%	2022	Now	100%		30			30			30
29364N876	6.0% Series	M	6.0%	11/32	Now	100%		75			75			75
29364N868	7.25% Series	M	7.25%	12/32	Now	100%		-			100			100
29364NAL2	6.25% Series	M	6.25%	04/34	Now	MW (T + .25%)		100			100			100
29364N843	6.20% Series	M	6.20%	04/40	4/15/15	100%		80			-			-
	Total bonds							826			846			696
OTHER LONG-TERM DEBT:
	Unamortized Premium and Discount – Net							(1	)		(1	)		(1	)
TOTAL LONG-TERM DEBT								825			845			695
Less Amount Due Within One Year								80			-			-
Long-Term Debt Excluding Amount Due Within One Year							$	745		$	845		$	695
Fair Value of Long-Term Debt(a)							$	802		$	874		$	629
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate								5.7	%		5.9	%		5.7	%

(a) The fair value includes debt due within one year. Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker / dealer quotes, and issuer spreads.

(b) Consists of pollution control revenue bonds and environmental revenue bonds.

(c) The bonds are secured by a series of collateral first mortgage bonds.

(d) In April 2008, Entergy Mississippi repurchased its $30 million of Auction Rate Independence County Pollution Control Revenue Bonds due July 2022. In June 2008, Entergy Mississippi remarketed the series and fixed the interest rate to maturity at 4.90%.

Totals may not foot due to rounding.

PREFERRED STOCK:			SHARES AUTHORIZED AND OUTSTANDING AS OF DECEMBER 31,						AS OF DECEMBER 31,							CALL PRICE PER SHARE AS OF DECEMBER 31,
CUSIP		RATE	2010		2009		2008		2010		2009			2008		2010
												(in millions	)
	Without sinking fund:
	Cumulative, $100 par value:
29364N207	4.36% Series	4.36%		59,920		59,920		59,920	$	6	$	6		$	6		$  103.88
29364N306	4.56% Series	4.56%		43,887		43,887		43,887		4		4			4		107.00
29364N405	4.92% Series	4.92%		100,000		100,000		100,000		10		10			10		102.88
	Cumulative, $25 par value:
29364N850	6.25% Series(a)	6.25%		1,200,000		1,200,000		1,200,000		30		30			30		-
	Total without sinking fund			1,403,807		1,403,807		1,403,807	$	50	$	50		$	50

(a) Series is callable at par.

Totals may not foot due to rounding.

ENTERGY NEW ORLEANS, INC.

BONDS: CUSIP		TYPE*	RATE	MATURITY DATE	FIRST CALL DATE	CURRENT OR FIRST CALL PRICE	AS OF DECEMBER 31,
							2010			2009			2008
											(in millions	)
29364PAL7	4.98% Series	M	4.98%	07/10	Now	101%	$	-		$	30		$	30
29364PAF0	5.25% Series	M	5.25%	08/13	Now	MW (T + .25%)		70			70			70
29364PAD5	6.75% Series	M	6.75%	10/17	Now	100%		-			25			25
29364PAM5	5.10% Series	M	5.10%	12/20	Now	MW (T + .35%)		25			-			-
29364PAK9	5.6% Series	M	5.60%	09/24	9/1/08	100%		34			34			34
29364PAJ2	5.65% Series	M	5.65%	09/29	9/1/09	100%		39			39			39
	Total bonds							167			198			199
OTHER LONG-TERM DEBT:
	Affiliated Notes Payable(b)							-			74			74
	Unamortized Premium and Discount – Net							-			-			-
TOTAL LONG-TERM DEBT								167			272			273
Less Amount Due Within One Year								-			104			-
Long-Term Debt Excluding Amount Due Within One Year							$	167		$	168		$	273
Fair Value of Long-Term Debt(a)							$	171		$	198		$	179
*M = Mortgage; G = Governmental
Weighted-average annualized coupon rate								5.4	%		5.5	%		5.5	%

(a) The fair value includes debt due within one year. Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker / dealer quotes, and issuer spreads.

(b) The affiliate note payable at Entergy New Orleans that was due May 2010 was classified as current notes payable—associated companies in 2009.

Totals may not foot due to rounding.

PREFERRED STOCK:					SHARES AUTHORIZED AND OUTSTANDING AS OF DECEMBER 31,						AS OF DECEMBER 31,							CALL PRICE PER SHARE AS OF DECEMBER 31,
CUSIP		RATE			2010		2009		2008		2010		2009			2008		2010
	Without sinking fund:													(in millions	)
	Cumulative, $100 par value:
29364P301	4.75% Series		4.75	%		77,798		77,798		77,798	$	8	$	8		$	8		$  105.00
29364P202	4.36% Series		4.36	%		60,000		60,000		60,000		6		6			6		104.58
29364P400	5.56% Series		5.56	%		60,000		60,000		60,000		6		6			6		102.59
	Total without sinking fund					197,798		197,798		197,798	$	20	$	20		$	20

Totals may not foot due to rounding.

34

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY TEXAS, INC.

BONDS: CUSIP		TYPE*	RATE	MATURITY DATE	FIRST CALL DATE	CURRENT OR FIRST CALL PRICE	AS OF DECEMBER 31,
							2010			2009			2008
											(in millions	)
29364LAN5	Libor + 0.4% Series	M(c)	Libor + 0.4%	12/09	Now	100%	$	-					$	101
29364LAV4	5.12% Series	M(c)	5.12%	08/10	Now	100%		-			-			46
128318BL5	5.45% Series – Calcasieu Parish	G(b,c)	5.45%	2010	Now	100%		-			-			10
29364LAQ5	4.875% Series	M(c)	4.875%	11/11	Now	100%		-			28			92
29364LAF9	6.0% Series	M(c)	6.0%	12/12	Now	100%		-			-			64
730816AF9	6.75% Series – Calcasieu Parish	G(b,c)	6.75%	2012	Now	100%		-			-			22
730816AF9	6.7% Series – Pointe Coupee Parish	G(b,c)	6.7%	2013	Now	100%		-			-			8
29364LAS1	5.6% Series	M(c)	5.6%	12/14	Now	100%		-			-			23
450877AJ	5.7% Series – Iberville Parish	G(b,c)	5.7%	2014	Now	100%		-			-			10
29364LAU6	5.70% Series	M(c)	5.70%	06/15	Now	MW (T +. 30%)		-			92			92
29365TAB0	3.60% Series	M	3.60%	06/15	Now	MW (T +. 25%)		200			-			-
952789AQ8	5.8% Series – West Feliciana Parish	G(b,c)	5.8%	2015	Now	100%		-			-			13
952789AW5	7.0% Series – West Feliciana Parish	G(b,c)	7.0%	2015	Now	100%		-			-			22
29364LAN2	5.25% Series	M(c)	5.25%	08/15	Now	100%		-			-			92
952789AR6	5.8% Series – West Feliciana Parish	G(b,c)	5.8%	2016	Now	100%		-			9			9
29365TAA2	7.125% Series	M	7.125%	02/19	Now	MW (T + .50%)		500			500			-
952789BB0	6.6% Series – West Feliciana Parish	G(b,c)	6.6%	2028	Now	100%		-			-			18
29364LAL6	6.2% Series	M(c)	6.2%	07/33	Now	100%		-			-			110
2936LAT9	6.18% Series	M(c)	6.18%	03/35	Now	MW (T + .30%)		-			39			39
29365T203	7.875% Series	M	7.875%	06/39	06/14	100%		150			150			-
	Total bonds							850			818			771
OTHER LONG-TERM DEBT:
	$100M Bank Credit Facility			08/12				-			-			100
29365QAA8	5.51% Series Senior Secured, Series A - Securitization Bond		5.51%	10/13				38			57			74
29365QAB6	5.79% Series Senior Secured, Series A - Securitization Bond		5.79%	10/18				122			122			122
29365QAC4	5.93% Series Senior Secured, Series A - Securitization Bond		5.93%	6/22				114			114			114
29365KAA1	2.12% Series Senior Secured - Securitization Bond		2.12%	02/16				170			183			-
29365KAB9	3.65% Series Senior Secured - Securitization Bond		3.65%	08/19				145			145			-
29365KAC7	4.38% Series Senior Secured - Securitization Bond		4.38%	11/23				219			219			-
	Unamortized Premium and Discount – Net							(3	)		(4	)		(1	)
	Other							5			5			5
TOTAL LONG-TERM DEBT								1,659			1,658			1,185
Less Amount Due Within One Year								-			168			101
Long-Term Debt Excluding Amount Due Within One Year							$	1,659		$	1,490		$	1,084
Fair Value of Long-Term Debt(a)							$	1,822		$	1,747		$	1,085
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate								5.4	%		5.6	%		5.5	%

(a) The fair value includes debt due within one year. Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker / dealer quotes, and issuer spreads.

(b) Consists of pollution control revenue bonds and environmental revenue bonds.

(c) Entergy Gulf States Louisiana was primarily liable for all of the long-term debt issued by Entergy Gulf States, Inc. that was outstanding on December 31, 2007. Under a debt assumption agreement with Entergy Gulf States Louisiana, Entergy Texas assumed approximately 46% of this long-term debt. Entergy Gulf States Louisiana recorded an assumption asset on its balance sheet to reflect the long-term debt assumed by Entergy Texas. By June 2010, Entergy Texas had repaid the outstanding assumed debt and the debt assumption agreement was terminated.

Totals may not foot due to rounding.

SYSTEM ENERGY RESOURCES, INC.

BONDS: CUSIP		TYPE*	RATE	MATURITY DATE	FIRST CALL DATE	CURRENT OR FIRST CALL PRICE	AS OF DECEMBER 31,
							2010			2009			2008
											(in millions	)
871911AR4	6.2% Series	M	6.2%	10/12	Now	MW (T + .35%)	$	70		$	70		$	70
179423AC2	5.875% Series – Mississippi Business Finance Corp.	G(b)	5.875%	2022	Now	100%		216			216			216
605277AC6	5.9% Series – Mississippi Business Finance Corp.	G(b)	5.9%	2022	Now	100%		103			103			103
179423AK4	6.2% Series – Claiborne County	G(b)	6.2%	2026	Now	100%		90			90			90
	Total bonds							479			479			479
OTHER LONG-TERM DEBT:
	Grand Gulf Lease Obligation 5.13%		5.13%					222			267			295
	6.29% Series F – Variable Interest Entity Note Payable		6.29%	09/13				70			-			-
	5.33% Series G – Variable Interest Entity Note Payable		5.33%	04/15				60			-			-
	Unamortized Premium and Discount – Net							(1	)		(1	)		(1	)
TOTAL LONG-TERM DEBT								830			745			773
Less Amount Due Within One Year								34			42			28
Long-Term Debt Excluding Amount Due Within One Year							$	797		$	703		$	745
Fair Value of Long-Term Debt(a)							$	612		$	480		$	364
*M = Mortgage Bond; G = Governmental Bond
Weighted-average annualized coupon rate								5.7	%		5.7	%		5.7	%

(a) The fair value excludes lease obligations of $222 million at System Energy and includes debt due within one year. Fair values are based on prices derived by independent third parties that use inputs such as benchmark yields, reported trades, broker / dealer quotes, and issuer spreads.

(b) Consists of pollution control revenue bonds and environmental revenue bonds.

Totals may not foot due to rounding.

35

UTILITY STATISTICAL INFORMATION

UTILITY TOTAL CAPABILITY

	OPERATED				OWNED & LEASED		OPERATED
As of December 31, 2010.	PLANTS		UNITS		(MW)(a)		(MW)
Plants that use fuel type:
Gas/Oil		28		77		13,987		14,325
Coal		3		5		2,261		3,887
Petroleum Coke		1		2		-		200
Total Fossil		32		84		16,248		18,412
Hydro		3		7		74		154
Nuclear		4		5		5,103		5,228
Total Capability		39		96		21,425		23,794

All plants that have units with multiple fuel types are in the Gas & Oil plant count.

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

UTILITY SELECTED OPERATING DATA

	2010			2009			2008			2007		2006
SOURCES OF ENERGY (GWh)(a)
Net Generation:
Gas & Oil		26,637			21,767			24,552			24,131		18,703
Coal		15,616			15,101			15,648			15,035		14,383
Nuclear		42,339			41,851			37,994			40,988		41,687
Hydro		139			233			197			135		74
Total Net Generation		84,731			78,952			78,391			80,289		74,847
Purchased Power:
Affiliated Companies		738			741			817			729		1,428
Non-affiliated Companies		33,155			30,708			32,582			33,978		36,974
Total Purchased Power		33,893			31,449			33,399			34,707		38,402
Total Sources of Energy		118,625			110,401			111,790			114,996		113,249
USES OF ENERGY (GWh)(a)
Electric Energy Sales:
Residential		37,465			33,626			33,047			33,281		31,665
Commercial		28,831			27,476			27,340			27,408		25,079
Industrial		38,751			35,638			37,843			38,985		38,339
Governmental		2,463			2,408			2,379			2,339		1,580
Total Retail		107,510			99,148			100,609			102,013		96,663
Sales for Resale		4,372			4,862			5,401			6,145		10,803
Unbilled Energy		(173	)		631			(264	)		277		(167	)
Total Electric Energy Sales		111,709			104,641			105,746			108,435		107,299
Line Losses and Company Usage		6,916			5,760			6,044			6,561		5,950
Total Uses of Energy		118,625			110,401			111,790			114,996		113,249
Peak Demand (MW)		21,799			21,009			21,241			22,001		20,887
Operational Summer Capacity at Peak (MW)		24,310			23,578			24,844			23,996		22,087
Annual System Load Factor (%)		62			60			59			59		62
Retail Electric Sales Growth Rate (%)(a)		8.4			(1.5	)		(1.4	)		5.5		1.6
Retail Electric Sales Weather-Adjusted Growth Rate (%)(a)		4.3			(1.5	)		(0.5	)		6.0		1.9
Regional Gross Domestic Product Rate (%)		2.0			(0.8	)		(0.1	)		2.4		3.6
National Gross Domestic Product Rate (%)		2.9			(2.6	)		0.0			1.9		2.7
Average Fuel Cost (cents/KWh)(a)
Natural Gas		5.39			5.64			10.28			8.05		7.75
Nuclear Fuel		0.78			0.66			0.60			0.57		0.51
Coal		2.00			2.04			2.06			1.86		1.76
Fuel Oil		-			-			19.45			14.13		13.34
Purchased Power		5.28			5.29			7.92			6.27		5.48

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

36

UTILITY STATISTICAL INFORMATION

2010 CONSOLIDATING UTILITY ELECTRIC STATISTICAL INFORMATION

	EAI			EGSL			ELL		EMI			ENOI			ETI		SERI			ELIMINATIONS			TOTAL			%
ELECTRIC OPERATING REVENUES ($ thousands)
Residential		773,012			498,319			840,011		508,571			196,391			558,733		-			-			3,375,037			39	%
Commercial		441,387			426,342			543,308		405,577			173,536			320,935		-			5,906			2,316,991			27	%
Industrial		414,791			488,974			817,454		144,581			35,826			305,455		-			-			2,207,081			25	%
Governmental		19,524			20,350			42,124		37,754			70,146			22,527		-			-			212,425			2	%
Total Retail		1,648,714			1,433,985			2,242,897		1,096,483			475,899			1,207,650		-			5,906			8,111,534			93	%
Sales for Resale		379,894			541,219			225,011		84,933			56,318			449,233		558,567			(1,906,508	)		388,667			4	%
Other		53,839			40,506			70,858		48,769			10,703			33,548		17			(17,803	)		240,436			3	%
Total		2,082,447			2,015,710			2,538,766		1,230,185			542,919			1,690,431		558,584			(1,918,405	)		8,740,637			100	%
FUEL REVENUES (included in above revenues)
Residential		91,412			193,863			360,847		177,354			65,146			228,693		-			-			1,117,315			35	%
Commercial		65,809			182,546			231,104		145,950			66,088			164,098		-			-			855,595			26	%
Industrial		75,939			292,789			523,895		63,696			17,253			210,357		-			-			1,183,929			37	%
Governmental		2,976			7,251			18,067		12,031			28,073			10,333		-			-			78,731			2	%
Total Retail		236,136			676,449			1,133,913		399,031			176,560			613,481		-			-			3,235,570			100	%
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		984			2,533			9,429		5,469			1,867			6,355		-			-			26,637			22	%
Coal		8,233			2,535			-		2,974			-			1,874		-			-			15,616			13	%
Nuclear		15,023			8,363			10,276		-			-			-		8,677			-			42,339			36	%
Hydro		139			-			-		-			-			-		-			-			139			0	%
Total Net Generation		24,379			13,431			19,705		8,443			1,867			8,229		8,677			-			84,731			72	%
Purchased Power:
Affiliated Companies		3,887			7,021			5,783		5,467			3,839			7,537		-			(32,796	)		738			0	%
Non-affiliated Companies		4,508			10,437			9,614		1,607			511			6,478		-			-			33,155			28	%
Total Purchased Power		8,395			17,458			15,397		7,074			4,350			14,016		-			(32,796	)		33,893			28	%
Total Sources of Energy		32,774			30,889			35,102		15,517			6,217			22,245		8,677			(32,796	)		118,625			100	%
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential		8,501			5,538			9,533		6,077			1,858			5,958		-			-			37,465			35	%
Commercial		6,144			5,274			6,164		5,000			1,899			4,271		-			79			28,831			27	%
Industrial		7,082			8,801			14,473		2,250			503			5,642		-			-			38,751			36	%
Governmental		277			210			479		416			809			271		-			-			2,463			2	%
Total Retail		22,004			19,823			30,649		13,743			5,069			16,142		-			79			107,510			100	%
Sales for Resale		8,703			10,221			2,961		670			919			5,058		8,692			(32,852	)		4,372			-
Unbilled Energy		(123	)		(51	)		27		(18	)		(18	)		10								(173	)		-
Total Electric Energy Sales		30,584			29,993			33,637		14,395			5,970			21,210		8,692			(32,773	)		111,709			-
Line Losses and Company Usage		2,190			896			1,465		1,122			247			1,035		(15	)		(24	)		6,916			-
Total Uses of Energy		32,774			30,889			35,102		15,517			6,217			22,245		8,677			(32,796	)		118,625			-
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential		9.09			9.00			8.81		8.37			10.57			9.38		-			-			9.01			-
Commercial		7.18			8.08			8.81		8.11			9.14			7.51		-			-			8.04			-
Industrial		5.86			5.56			5.65		6.43			7.12			5.41		-			-			5.70			-
Governmental		7.05			9.69			8.79		9.08			8.67			8.31		-			-			8.62			-
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31, 2010)
Residential		582,557			326,497			578,466		366,722			138,659			356,999		-			-			2,349,900			86	%
Commercial		88,725			49,886			75,493		62,858			14,079			44,080		-			-			335,121			12	%
Industrial		20,605			3,265			6,971		3,450			2,277			4,815		-			-			41,383			2	%
Governmental		674			1,627			5,704		4,322			2,079			2,213		-			-			16,619			1	%
Total Retail Customers		692,561			381,275			666,634		437,352			157,094			408,107		-			-			2,743,023			100	%

Totals may not foot due to rounding.

37

UTILITY STATISTICAL INFORMATION

ENTERGY ARKANSAS, INC.

	2010			2009		2008		2007		2006
ELECTRIC OPERATING REVENUES ($ thousands)
Residential		773,012			768,500		755,780		689,885		705,998
Commercial		441,387			474,543		462,599		408,561		417,914
Industrial		414,791			433,321		461,486		406,984		435,931
Governmental		19,524			21,731		21,043		18,972		19,390
Total Retail		1,648,714			1,698,095		1,700,908		1,524,402		1,579,233
Sales for Resale		379,894			452,424		572,350		458,372		472,509
Other		53,839			60,743		55,091		50,191		40,941
Total Electric Operating Revenues		2,082,447			2,211,263		2,328,349		2,032,965		2,092,683
FUEL REVENUES (included in above revenues)
Residential		91,412			127,137		142,415		124,582		183,931
Commercial		65,809			95,959		111,657		92,056		139,330
Industrial		75,939			104,226		135,772		115,077		179,291
Governmental		2,976			4,416		5,129		4,308		6,521
Total Retail Fuel Revenues		236,136			331,738		394,973		336,023		509,073
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		984			1,003		300		89		54
Coal		8,233			7,955		8,273		7,935		7,226
Nuclear		15,023			15,168		14,168		15,486		15,233
Hydro		139			233		197		135		74
Total Net Generation		24,379			24,359		22,938		23,645		22,587
Purchased Power:
Affiliated Companies		3,887			3,776		3,480		3,636		3,898
Non-affiliated Companies		4,508			4,968		6,164		5,790		7,107
Total Purchased Power		8,395			8,744		9,644		9,426		11,005
Total Sources of Energy		32,774			33,103		32,582		33,071		33,592
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential		8,501			7,464		7,678		7,725		7,655
Commercial		6,144			5,817		5,875		5,945		5,816
Industrial		7,082			6,376		7,211		7,424		7,587
Governmental		277			269		274		277		273
Total Retail		22,004			19,926		21,038		21,371		21,331
Sales for Resale		8,703			11,611		10,049		9,836		10,608
Unbilled Energy		(123	)		111		13		35		21
Total Electric Energy Sales		30,584			31,648		31,100		31,242		31,960
Line Losses and Company Usage		2,190			1,455		1,482		1,829		1,632
Total Uses of Energy		32,774			33,103		32,582		33,071		33,592
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential		9.09			10.30		9.84		8.93		9.22
Commercial		7.18			8.16		7.87		6.87		7.19
Industrial		5.86			6.80		6.40		5.48		5.75
Governmental		7.05			8.08		7.68		6.85		7.10
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential		582,557			580,672		578,664		576,975		572,865
Commercial		88,725			87,929		87,322		86,532		84,768
Industrial		20,605			20,118		20,922		20,040		21,026
Governmental		674			661		640		618		662
Total Retail Customers		692,561			689,380		687,548		684,165		679,321

Totals may not foot due to rounding.

38

UTILITY STATISTICAL INFORMATION

ENTERGY ARKANSAS, INC.

GENERATION PORTFOLIO

				OWNED & LEASED CAPABILITY (MW)(a)			PLANT AVG BTU PER KWH												TOTAL PLANT – 2010
			COMMER- CIAL OPER- ATION						Emissions										NET			EXPEN- SES PER NET MWH			TOTAL PRODUCTION EXPENSE ($000)
PLANT	UNIT	OWNER- SHIP			FUEL TYPE	PURPOSE	NET GENER- ATION		SO2 (tons)		NOx (tons)		CO2 (tons)		Hg(b) (lbs)		TECHNOLOGY(c)		GENER- ATION (MWH)
Cecil Lynch	2	100%	1949	–	Gas/Oil	Reserve		16,600		-		-		-		-		-		45,554			132.7			6,044
	3	100%	1954	110	Gas/Oil	Peaking				0.2		79		39,886		0		-
Harvey Couch	1	100%	1943	–	Gas/Oil	Reserve		15,070		-		-		-		-		-		68,773			111.0			7,637
	2	100%	1954	123	Gas/Oil	Peaking				0.3		73		60,022		0		-
Lake Catherine	1	100%	1950	47	Gas/Oil	Peaking		13,840		0		0		7.5		0		-		134,579			138.0			18,566
	2	100%	1950	45	Gas/Oil	Peaking				0		1.5		161		0		-
	3	100%	1953	96	Gas/Oil	Peaking				0		0.3		85		0		-
	4	100%	1970	524	Gas/Oil	Peaking				0.5		151		106,963		0		-
Hamilton Moses	1	100%	1951	67	Gas/Oil	Peaking		0		-		-		-		-		-		-			-			391
	2	100%	1951	67	Gas/Oil	Peaking				-		-		-		-		-
Mabelvale	1	100%	1970	14	Gas/Oil	Peaking		16,710		-		-		-		-		-		15,236			136.6			2,081
	2	100%	1970	14	Gas/Oil	Peaking				-		-		-		-		-
	3	100%	1970	14	Gas/Oil	Peaking				-		-		-		-		-
	4	100%	1970	14	Gas/Oil	Peaking				-		-		-		-		-
Robert Ritchie	1	100%	1961	–	Gas/Oil	Reserve		0		-		-		-		-		-		(168	)		(5,071.4	)		852
	3	100%	1970	16	Gas/Oil	Peaking		76,700		-		-		-		-		-		1			3,000.0			3
Ouachita	1	100%	2002	250	Gas	Intermediate		7,800		1.0		28		190,558		0		Dry LNB, SCR		720,343			48.6			35,025
	2	100%	2002	263	Gas	Intermediate				0.7		25		140,510		0		Dry LNB, SCR
Independence	1	31.5%	1983	263	Coal	Base		10,210		4,699		2,470		2,104,771		79		OFA, ESP		1,957,391			19.1			37,291
White Bluff	1	57%	1980	465	Coal	Base		10,200		9,084		4,158		3,776,360		141		OFA, ESP		6,275,506			23.8			149,256
	2	57%	1981	481	Coal	Base				7,141		4,491		2,963,230		111		OFA, ESP
Cecil Lynch	Diesel	100%	1967	5	Oil	Peaking		-		-		-		-		-				-			-			7
Carpenter	1	100%	1932	31	Hydro	Peaking		-		-		-		-		-		-		111,782			12.8			1,435
	2	100%	1932	31	Hydro	Peaking				-		-		-		-		-
Remmel	1	100%	1925	4	Hydro	Peaking		-		-		-		-		-		-		26,996			31.5			851
	2	100%	1925	4	Hydro	Peaking				-		-		-		-		-
	3	100%	1925	4	Hydro	Peaking
Arkansas
Nuclear One	1	100%	1974	842	Nuclear PWR(d)	Base		10,325		-		-		-		-		-		15,022,678			19.8			297,525
	2	100%	1980	993	Nuclear PWR(d)	Base				-		-		-		-		-
Total				4,787																24,378,671			22.8			556,965

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel

(assuming no curtailments) that each station was designed to utilize.

(b) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(c) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

(d) PWR = Pressurized Water Reactor.

ENTERGY GULF STATES, INC.

HISTORICAL DATA PRIOR TO SEPARATION^(a)

	2007		2006
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		7,669		7,036
Coal		4,074		4,460
Nuclear		7,188		7,461
Hydro		-		-
Total Net Generation		18,931		18,957
Purchased Power:
Affiliated Companies		5,514		4,664
Non-affiliated Companies		17,658		18,690
Total Purchased Power		23,172		23,354
Total Sources of Energy		42,103		42,311
USES OF ENERGY (GWh)
Electric Energy Sales:
Louisiana
Residential		4,934		4,899
Commercial		4,895		4,836
Industrial		9,101		9,150
Governmental		204		199
Texas
Residential		5,281		5,211
Commercial		4,085		4,002
Industrial		5,911		5,915
Governmental		244		255
Total Retail		34,655		34,467
Sales for Resale		5,388		6,155
Unbilled Energy		125		(148	)
Total Electric Energy Sales		40,168		40,474
Line Losses and Company Usage		1,935		1,837
Total Uses of Energy		42,103		42,311

(a) Effective December 31, 2007, Entergy Gulf States, Inc. completed a jurisdictional separation into two vertically integrated utility companies, one operating under the sole retail jurisdiction of the PUCT, Entergy Texas, Inc., and the other operating under the sole retail jurisdiction of the LPSC, Entergy Gulf States Louisiana, L.L.C., Entergy Gulf States Louisiana, L.L.C. is the successor for financial reporting purposes to Entergy Gulf States, Inc. Certain historical data by separate company is unavailable.

Totals may not foot due to rounding.

39

UTILITY STATISTICAL INFORMATION

ENTERGY GULF STATES LOUISIANA, L.L.C.^(a)

	2010			2009		2008			2007		2006
ELECTRIC OPERATING REVENUES ($ thousands)
Residential		498,319			393,490		553,527			497,782		522,227
Commercial		426,342			354,038		520,214			452,930		476,537
Industrial		488,974			383,272		672,213			620,472		686,295
Governmental		20,350			17,625		24,964			21,710		22,520
Total Retail		1,433,985			1,148,425		1,770,918			1,592,894		1,707,579
Sales for Resale		541,219			579,358		824,404			REFER TO PAGE 39
Other		40,506			48,827		37,630
Total Electric Operating Revenues		2,015,710			1,776,610		2,632,952
FUEL REVENUES (included in above revenues)
Residential		193,863			177,483		345,071			277,105		284,937
Commercial		182,546			175,960		343,938			271,015		280,628
Industrial		292,789			251,212		546,603			476,015		508,048
Governmental		7,251			7,341		14,572			11,120		11,459
Total Retail Fuel Revenues		676,449			611,996		1,250,184			1,035,255		1,085,072
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		2,533			1,705		1,951			REFER TO PAGE 39
Coal		2,535			2,472		2,615
Nuclear		8,363			7,836		6,334
Hydro		-			-		-
Total Net Generation		13,431			12,013		10,900
Purchased Power:
Affiliated Companies		7,021			6,768		7,725
Non-affiliated Companies		10,437			9,720		9,607
Total Purchased Power		17,458			16,488		17,332
Total Sources of Energy		30,889			28,501		28,232
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential		5,538			5,090		4,888			4,934		4,899
Commercial		5,274			5,058		4,973			4,895		4,836
Industrial		8,801			7,601		8,416			9,101		9,150
Governmental		210			213		215			204		199
Total Retail		19,823			17,962		18,492			19,134		19,084
Sales for Resale		10,221			9,630		9,014			REFER TO PAGE 39
Unbilled Energy		(51	)		149		(138	)
Total Electric Energy Sales		29,993			27,741		27,368
Line Losses and Company Usage		896			760		864
Total Uses of Energy		30,889			28,501		28,232
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential		9.00			7.73		11.32			10.09		10.66
Commercial		8.08			7.00		10.46			9.25		9.85
Industrial		5.56			5.04		7.99			6.82		7.50
Governmental		9.69			8.27		11.61			10.64		11.34
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential		326,497			324,285		320,745			317,001		311,739
Commercial		49,886			49,319		48,636			47,749		46,351
Industrial		3,265			3,436		3,761			4,320		4,558
Governmental		1,627			1,652		1,666			1,642		1,528
Total Retail Customers		381,275			378,692		374,808			370,712		364,176

(a) Effective December 31, 2007, Entergy Gulf States, Inc. completed a jurisdictional separation into two vertically integrated utility companies, one operating under the sole retail jurisdiction of the PUCT, Entergy Texas, Inc., and the other operating under the sole retail jurisdiction of the LPSC, Entergy Gulf States Louisiana, L.L.C., Entergy Gulf States Louisiana, L.L.C. is the successor for financial reporting purposes to Entergy Gulf States, Inc. Certain historical data by separate company is unavailable. Page 39 reflects historical data prior to the separation.

Totals may not foot due to rounding.

40

UTILITY STATISTICAL INFORMATION

ENTERGY TEXAS, INC. ^(a)

	2010		2009		2008			2007		2006
ELECTRIC OPERATING REVENUES ($ thousands)
Residential		558,733		533,146		606,133			544,254		599,494
Commercial		320,935		336,876		416,798			364,322		406,198
Industrial		305,455		332,303		489,165			414,036		463,640
Governmental		22,527		22,797		26,872			23,583		26,609
Total Retail		1,207,650		1,225,122		1,538,968			1,346,195		1,495,941
Sales for Resale		449,233		303,682		441,314			REFER TO PAGE 39
Other		33,548		35,019		31,976
Total Electric Operating Revenues		1,690,431		1,563,823		2,012,258
FUEL REVENUES (included in above revenues)
Residential		228,693		250,230		328,397			281,118		351,457
Commercial		164,098		186,662		255,759			213,574		266,062
Industrial		210,357		229,164		363,208			298,219		350,788
Governmental		10,333		11,479		15,446			12,946		16,802
Total Retail Fuel Revenues		613,481		677,535		962,810			805,857		985,109
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		6,355		6,184		6,046			REFER TO PAGE 39
Coal		1,874		1,827		1,933
Nuclear		-		-		-
Hydro		-		-		-
Total Net Generation		8,229		8,011		7,979
Purchased Power:
Affiliated Companies		7,537		6,349		5,696
Non-affiliated Companies		6,478		6,034		6,530
Total Purchased Power		14,016		12,383		12,226
Total Sources of Energy		22,245		20,394		20,205
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential		5,958		5,453		5,245			5,280		5,211
Commercial		4,271		4,165		4,092			4,085		4,002
Industrial		5,642		5,570		5,948			5,911		5,915
Governmental		271		258		248			246		255
Total Retail		16,142		15,446		15,533			15,522		15,383
Sales for Resale		5,058		3,861		3,858
Unbilled Energy		10		104		(64	)
Total Electric Energy Sales		21,210		19,411		19,327			REFER TO PAGE 39
Line Losses and Company Usage		1,035		983		878
Total Uses of Energy		22,245		20,394		20,205
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential		9.38		9.78		11.56			10.31		11.50
Commercial		7.51		8.09		10.19			8.92		10.15
Industrial		5.41		5.97		8.22			7.00		7.84
Governmental		8.31		8.84		10.84			9.63		10.41
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential		356,999		352,682		346,533			344,704		336,652
Commercial		44,080		43,375		42,005			41,963		40,806
Industrial		4,815		4,896		4,532			4,934		5,013
Governmental		2,213		2,159		2,112			2,085		2,052
Total Retail Customers		408,107		403,112		395,182			393,686		384,523

(a) Effective December 31, 2007, Entergy Gulf States, Inc. completed a jurisdictional separation into two vertically integrated utility companies, one operating under the sole retail jurisdiction of the PUCT, Entergy Texas, Inc., and the other operating under the sole retail jurisdiction of the LPSC, Entergy Gulf States Louisiana, L.L.C., Entergy Gulf States Louisiana, L.L.C. is the successor for financial reporting purposes to Entergy Gulf States, Inc. Certain historical data by separate company is unavailable. Page 39 reflects historical data prior to the separation.

Totals may not foot due to rounding.

41

UTILITY STATISTICAL INFORMATION

ENTERGY GULF STATES LOUISIANA, L.L.C.

GENERATION PORTFOLIO

				OWNED & LEASED CAPABILITY (MW)(a)			PLANT AVG BTU PER KWH											TOTAL PLANT – 2010
			COMMER- CIAL OPER- ATION					Emissions										NET		EXPEN- SES PER NET MWH		TOTAL PRODUCTION EXPENSE ($000)
PLANT	UNIT	OWNER- SHIP			FUEL TYPE	PURPOSE	NET GENER- ATION	SO2 (tons)		NOx (tons)		CO2 (tons)		Hg(b) (lbs)		TECHNOLOGY(c)		GENER- ATION (MWH)
LA Station 2 (d)	10	100%	1950	–	Gas	Reserve	0		-		-		-		-		-		-		-		389
	11	100%	1950	–	Gas	Reserve			-		-		-		-		-
	12	100%	1953	–	Gas	Reserve			-		-		-		-		-
Willow Glen	1	100%	1960	152	Gas/Oil	Peaking	12,000		0.1		31		28,989		0		-		591,422		79.1		46,810
	2	100%	1964	195	Gas/Oil	Peaking			0.2		52		47,234		0		-
	3	100%	1968	–	Gas	Reserve			-		-		-		-		ESP
	4	100%	1973	470	Gas/Oil	Peaking			1.3		607		264,678		0		-
	5	100%	1976	–	Gas/Oil	Reserve			-		-		-		-		-
Roy S. Nelson	3	100%	1960	153	Gas/Oil	Intermediate	12,570		0.5		111		95,449		0		-		1,285,418		63.9		82,193
	4	100%	1970	450	Gas/Oil	Intermediate			4.2		918		841,478		0		-
Calcasieu	1	100%	2000	150	Gas	Peaking	11,170		0.4		42		86,492		0		Dry LNB		248,815		77.1		19,188
	2	100%	2001	160	Gas	Peaking			0.4		55		84,352		0		Dry LNB
Ouachita	3	100%	2002	258	Gas	Intermediate	7,650		0.9		26		168,836		0		Dry LNB, SCR		407,422		45.4		18,495
Roy S. Nelson	6	40%	1982	221	Coal	Base	10,850		5,713		1,520		1,684,314		61		LNB w/ Sep OFA(g), ESP		1,421,400		35.9		50,993
Big Cajun 2	3	24%	1983	142	Coal	Base	10,120		3,178		885		1,170,269		44		LNB w/ OFA, ESP		1,113,382		25.0		27,819
River Bend	1	100%(e)	1986	974	Nuclear BWR(f)	Base	10,741		-		-		-		-		-		8,363,163		23.7		197,936
Total				3,325															13,431,022		33.0		443,823

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel

(assuming no curtailments) that each station was designed to utilize.

(b) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(c) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

(d) EGSL also owns and operates LA Station 1 units 1a, 2a, 3a and 4a; these units are under a long-term contract with an external 3rd party, which owns all of the output of these units.

(e) 30% of River Bend is not subject to rate regulation by the Public Utility Commission of Texas, the Louisiana Public Service Commission, nor various municipal authorities.

(f) BWR = Boiling Water Reactor.

(g) Low Nox Burner w/ Separated Overfire Air began May 19, 2010; Low Nox Burner w/ Closed-coupled Overfire Air retired May 19, 2010.

ENTERGY TEXAS, INC.

GENERATION PORTFOLIO

				OWNED & LEASED			PLANT AVG BTU PER KWH										TOTAL PLANT – 2010
								Emissions									NET		EXPENSES		TOTAL PRODUCTION
PLANT	UNIT	OWNERSHIP	COMMERCIAL OPERATION	CAPABILITY (MW)(a)	FUEL TYPE	PURPOSE	NET GENERATION	SO2 (tons)		NOx (tons)		CO2 (tons)		Hg(b) (lbs)		TECHNOLOGY(c)	GENERATION (MWH)		PER NET MWH		EXPENSE ($000)
Roy S. Nelson	6	30%	1982	164	Coal	Base	10,880		4,223		1,123		1,244,927		45	LNB w/ Sep OFA(d), ESP		1,050,985		37.0		38,847
Big Cajun 2	3	18%	1983	105	Coal	Base	10,120		2,349		654		864,982		32	LNB w/ OFA, ESP		822,934		24.8		20,411
Lewis Creek	1	100%	1970	230	Gas/Oil	Intermediate	11,300		3.2		100		637,186		0	SCR		1,862,073		56.0		104,189
	2	100%	1971	230	Gas/Oil	Intermediate			3.2		116		640,812		0	SCR
Sabine	1	100%	1962	212	Gas/Oil	Intermediate	11,380		2.4		615		471,076		0	-		4,492,803		57.3		257,429
	2	100%	1962	212	Gas/Oil	Intermediate			1.5		408		305,712		0	-
	3	100%	1966	390	Gas/Oil	Intermediate			3.5		572		689,276		0	LNB w/ Sep OFA
	4	100%	1974	530	Gas	Intermediate			4.4		926		877,426		0	Combus Mod / Fuel Reburn
	5	100%	1979	470	Gas/Oil	Intermediate			3.3		455		649,968		0	LNB w/ Closed- coupled OFA
Total				2,543														8,228,795		51.1		420,876

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel

(assuming no curtailments) that each station was designed to utilize.

(b) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(c) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

(d) Low Nox Burner w/ Separated Overfire Air began May 19, 2010; Low Nox Burner w/ Closed-coupled Overfire Air retired May 19, 2010.

42

UTILITY STATISTICAL INFORMATION

ENTERGY LOUISIANA, LLC

	2010		2009		2008			2007		2006
ELECTRIC OPERATING REVENUES ($ thousands)
Residential		840,011		669,084		967,445			853,780		797,197
Commercial		543,308		456,274		659,880			578,025		532,999
Industrial		817,454		664,377		1,061,887			871,853		809,237
Governmental		42,124		35,760		51,064			43,550		40,454
Total Retail		2,242,897		1,825,495		2,740,276			2,347,208		2,179,887
Sales for Resale		225,011		256,596		261,218			318,001		227,391
Other		70,858		101,495		49,800			72,343		43,980
Total Electric Operating Revenues		2,538,766		2,183,586		3,051,294			2,737,552		2,451,258
FUEL REVENUES (included in above revenues)
Residential		360,847		287,909		530,363			415,883		374,595
Commercial		231,104		194,759		358,257			280,200		249,803
Industrial		523,895		435,112		780,147			614,448		545,040
Governmental		18,067		15,388		27,782			21,305		19,313
Total Retail Fuel Revenues		1,133,913		933,168		1,696,549			1,331,836		1,188,751
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		9,429		7,090		8,930			8,784		7,486
Coal		-		-		-			-		-
Nuclear		10,276		8,949		9,037			9,893		9,270
Hydro		-		-		-			-		-
Total Net Generation		19,705		16,039		17,967			18,677		16,756
Purchased Power:
Affiliated Companies		5,783		7,818		5,996			6,025		6,612
Non-affiliated Companies		9,614		7,644		7,511			7,484		7,945
Total Purchased Power		15,397		15,462		13,507			13,509		14,557
Total Sources of Energy		35,102		31,501		31,474			32,186		31,313
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential		9,533		8,684		8,487			8,646		8,513
Commercial		6,164		5,867		5,784			5,848		5,680
Industrial		14,473		13,386		13,162			13,209		12,759
Governmental		479		459		459			446		435
Total Retail		30,649		28,396		27,892			28,149		27,387
Sales for Resale		2,961		1,621		2,233			2,411		2,470
Unbilled Energy		27		164		(118	)		124		(25	)
Total Electric Energy Sales		33,637		30,181		30,007			30,684		29,832
Line Losses and Company Usage		1,465		1,320		1,467			1,502		1,481
Total Uses of Energy		35,102		31,501		31,474			32,186		31,313
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential		8.81		7.70		11.40			9.87		9.32
Commercial		8.81		7.78		11.41			9.88		9.33
Industrial		5.65		4.96		8.07			6.60		6.34
Governmental		8.79		7.79		11.13			9.76		9.18
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential		578,466		575,388		571,301			568,893		560,462
Commercial		75,493		74,608		73,617			73,012		71,029
Industrial		6,971		7,247		7,592			8,374		8,563
Governmental		5,704		5,539		5,387			5,229		4,858
Total Retail Customers		666,634		662,782		657,897			655,508		644,912

Totals may not foot due to rounding.

43

UTILITY STATISTICAL INFORMATION

ENTERGY LOUISIANA, LLC

GENERATION PORTFOLIO

			COMMER- CIAL OPER- ATION	OWNED & LEASED CAPABILITY (MW)(a)			PLANT AVG BTU PER KWH NET GENER- ATION							TOTAL PLANT – 2010
								Emissions						NET GENER- ATION (MWH)		EXPEN- SES PER NET MWH		TOTAL PRODUCTION EXPENSE ($000)
PLANT(e)	UNIT	OWNER- SHIP			FUEL TYPE	PURPOSE		SO2 (tons)	NOx (tons)	CO2 (tons)	Hg(b) (lbs)	TECHNOLOGY(c)
Buras	8	100%	1971	12	Gas/Oil	Peaking	15,950	-	-	-	-		-		1,657		1,790.6		2,967
Little Gypsy	1	100%	1961	238	Gas/Oil	Intermediate	12,240	1.1	443	209,672	0		-		1,765,219		71.4		126,102
	2	100%	1966	410	Gas/Oil	Intermediate		18	194	199,780	0		-
	3	100%	1969	522	Gas/Oil	Intermediate		4.1	2,107	811,632	0		-
Monroe	10	100%	1961	–	Gas	Reserve	0	-	-	-	-		-		-		-		266
	11	100%	1965	–	Gas	Reserve		-	-	-	-		-
	12	100%	1968	–	Gas	Reserve		-	-	-	-		-
Ninemile Point	1	100%	1951	–	Gas/Oil	Reserve	10,930	0	0.1	239	0		-		4,782,116		56.3		269,033
	2	100%	1953	–	Gas/Oil	Reserve		-	-	-	-		-
	3	100%	1955	125	Gas/Oil	Intermediate		0.5	119	96,488	0		-
	4	100%	1971	734	Gas/Oil	Intermediate		6.5	3,536	1,295,205	0		-
	5	100%	1973	740	Gas/Oil	Intermediate		8.7	4,410	1,716,968	0		-
Perryville	1	100%	2002	535	Gas	Intermediate	7,280	4.2	115	843,643	0		Dry LNB, SCR		1,904,012		43.2		82,202
	2	100%	2001	156	Gas	Peaking		0	0.9	3,466	0		Dry LNB
Sterlington	6	100%	1958	–	Gas/Oil	Reserve	17,540	-	-	-	-		-		3,888		814.6		3,167
	7	100%	1974	174	Gas/Oil	Peaking		0	14	4,732	0		-
Waterford	1	100%	1975	411	Gas/Oil	Intermediate	13,090	307	388	383,366	0		-		972,114		78.6		76,448
	2	100%	1975	411	Gas/Oil	Intermediate		221	407	412,957	0		-
	4	100%	2009	31	Oil	Peaking	0	0.2	0.9	705	0		Steam Injection		-		-		-
Waterford	3	100%	1985	1,168	Nuclear PWR(d)	Base	10,798	-	-	-	-		-		10,276,184		20.2		209,230
Total				5,667											19,705,190		39.0		769,415

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

(b) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(c) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

(d) PWR = Pressurized Water Reactor.

(e) In April 2011, Entergy Louisiana completed the purchase of the 580 mw Acadia Energy Center Power Block 2.

44

UTILITY STATISTICAL INFORMATION

ENTERGY MISSISSIPPI, INC.

	2010			2009		2008		2007			2006
ELECTRIC OPERATING REVENUES ($ thousands)
Residential		508,571			466,632		555,913		500,097			568,435
Commercial		405,577			395,444		481,878		427,545			484,297
Industrial		144,581			146,608		199,453		185,119			235,281
Governmental		37,754			37,740		44,336		40,417			45,433
Total Retail		1,096,483			1,046,424		1,281,580		1,153,178			1,333,446
Sales for Resale		84,933			76,605		128,753		171,710			80,445
Other		48,769			54,275		51,849		47,914			36,117
Total Electric Operating Revenues		1,230,185			1,177,304		1,462,182		1,372,802			1,450,008
FUEL REVENUES (included in above revenues)
Residential		177,354			179,338		281,916		215,446			316,861
Commercial		145,950			158,937		252,867		192,289			280,819
Industrial		63,696			70,679		121,026		100,293			157,157
Governmental		12,031			13,614		21,352		16,605			24,908
Total Retail Fuel Revenues		399,031			422,568		677,161		524,633			779,745
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		5,469			3,583		5,257		5,734			4,127
Coal		2,974			2,847		2,827		3,026			2,697
Nuclear		-			-		-		-			-
Hydro		-			-		-		-			-
Total Net Generation		8,443			6,430		8,084		8,760			6,824
Purchased Power:
Affiliated Companies		5,467			6,127		4,903		4,602			5,327
Non-affiliated Companies		1,607			1,752		2,083		2,706			3,232
Total Purchased Power		7,074			7,879		6,986		7,308			8,559
Total Sources of Energy		15,517			14,309		15,070		16,068			15,383
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential		6,077			5,358		5,354		5,474			5,387
Commercial		5,000			4,756		4,841		4,872			4,746
Industrial		2,250			2,178		2,565		2,771			2,927
Governmental		416			405		411		421			417
Total Retail		13,743			12,697		13,171		13,538			13,477
Sales for Resale		670			528		935		1,493			900
Unbilled Energy		(18	)		74		23		(22	)		(15	)
Total Electric Energy Sales		14,395			13,299		14,129		15,009			14,362
Line Losses and Company Usage		1,122			1,010		941		1,059			1,021
Total Uses of Energy		15,517			14,309		15,070		16,068			15,383
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential		8.37			8.71		10.38		9.14			10.55
Commercial		8.11			8.31		9.95		8.78			10.20
Industrial		6.43			6.73		7.78		6.68			8.04
Governmental		9.08			9.32		10.79		9.60			10.90
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential		366,722			365,804		362,649		361,725			357,564
Commercial		62,858			62,613		62,556		63,642			62,594
Industrial		3,450			2,749		2,827		3,109			3,014
Governmental		4,322			4,259		4,208		4,096			4,066
Total Retail Customers		437,352			435,425		432,240		432,572			427,238

Totals may not foot due to rounding.

45

UTILITY STATISTICAL INFORMATION

ENTERGY MISSISSIPPI, INC.

GENERATION PORTFOLIO

				OWNED & LEASED CAPABILITY (MW)(a)			PLANT AVG BTU PER KWH						TOTAL PLANT – 2010
			COMMER- CIAL OPER- ATION					Emissions					NET		EXPEN- SES PER NET MWH		TOTAL PRODUCTION EXPENSE ($000)
PLANT	UNIT	OWNER- SHIP			FUEL TYPE	PURPOSE	NET GENER- ATION	SO2 (tons)	NOx (tons)	CO2 (tons)	Hg(b) (lbs)	TECHNOLOGY(c)	GENER- ATION (MWH)
Attala	1	100%	2001	455	Gas	Intermediate	7,430	3.3	41	649,844	0	Dry LNB, SCR		1,868,227		42.5		79,313
Baxter Wilson	1	100%	1967	500	Gas/Oil	Intermediate	12,280	129	3,294	1,338,081	0	-		1,844,709		69.0		127,198
	2	100%	1971	676	Gas/Oil	Intermediate		2.3	1,422	449,733	0	Combus Mod / Fuel Reburn
Delta	1	100%	1953	90	Gas/Oil	Peaking	27,240	0	2.0	1,395	0	-		3,073		674.9		2,074
	2	100%	1953	87	Gas/Oil	Peaking		0	4.2	4,412	0	-
Gerald Andrus	1	100%	1975	712	Gas/Oil	Intermediate	11,240	267	2,303	1,079,083	0	OFA		1,619,100		63.0		101,985
Natchez	1	100%	1951	–	Gas/Oil	Reserve	0	-	-	-	-	-		-		-		157
Rex Brown	1	100%	1948	–	Gas	Reserve	15,540	-	-	-	-	-		133,844		104.5		13,983
	3	100%	1951	70	Gas/Oil	Peaking		-	-	-	-	-
	4	100%	1959	209	Gas/Oil	Intermediate		0.8	401	151,100	0	-
	5	100%	1968	10	Oil	Peaking		-	-	-	-	-
Independence	1	25%	1983	209	Coal	Base	10,160	3,729	1,960	1,670,453	62	OFA, ESP		2,974,496		20.0		59,359
	2	25%	1984	211	Coal	Base		3,439	1,694	1,445,158	54	OFA, ESP
Total				3,229										8,443,449		45.5		384,069

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

(b) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(c) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

46

UTILITY STATISTICAL INFORMATION

ENTERGY NEW ORLEANS, INC.

	2010			2009		2008		2007		2006
ELECTRIC OPERATING REVENUES ($ thousands)
Residential		196,391			167,794		171,584		142,497		105,924
Commercial		173,536			166,454		193,552		181,438		165,066
Industrial		35,826			37,225		48,378		46,697		44,582
Governmental		70,146			69,306		79,973		72,467		59,399
Total Retail		475,899			440,779		493,487		443,099		374,971
Sales for Resale		56,318			88,010		162,769		103,843		91,283
Other		10,703			7,196		16,684		10,516		4,812
Total Electric Operating Revenues		542,919			535,985		672,940		557,458		471,066
FUEL REVENUES (included in above revenues)
Residential		65,146			62,017		92,401		71,496		51,865
Commercial		66,088			72,121		117,282		101,932		92,894
Industrial		17,253			19,103		32,171		28,745		28,952
Governmental		28,073			31,866		50,803		42,750		34,839
Total Retail Fuel Revenues		176,560			185,107		292,657		244,923		208,550
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		1,867			2,202		2,068		1,855		773
Coal		-			-		-		-		-
Nuclear		-			-		-		-		-
Hydro		-			-		-		-		-
Total Net Generation		1,867			2,202		2,068		1,855		773
Purchased Power:
Affiliated Companies		3,839			3,760		3,391		3,428		4,445
Non-affiliated Companies		511			590		687		340		41
Total Purchased Power		4,350			4,350		4,078		3,768		4,486
Total Sources of Energy		6,217			6,552		6,146		5,623		5,259
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential		1,858			1,577		1,394		1,221		914
Commercial		1,899			1,813		1,774		1,763		1,666
Industrial		503			526		541		568		547
Governmental		809			805		774		747		632
Total Retail		5,069			4,721		4,483		4,299		3,759
Sales for Resale		919			1,543		1,361		1,010		1,298
Unbilled Energy		(18	)		29		20		15		(1	)
Total Electric Energy Sales		5,970			6,293		5,864		5,324		5,056
Line Losses and Company Usage		247			259		282		299		203
Total Uses of Energy		6,217			6,552		6,146		5,623		5,259
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential		10.57			10.64		12.31		11.67		11.59
Commercial		9.14			9.18		10.91		10.29		9.91
Industrial		7.12			7.08		8.94		8.22		8.15
Governmental		8.67			8.61		10.33		9.70		9.40
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential		138,659			132,602		124,432		115,523		83,300
Commercial		14,079			13,064		12,622		12,211		10,000
Industrial		2,277			2,311		2,514		2,765		1,000
Governmental		2,079			1,747		1,381		1,308		700
Total Retail Customers		157,094			149,724		140,949		131,807		95,000

Totals may not foot due to rounding.

47

UTILITY STATISTICAL INFORMATION

ENTERGY NEW ORLEANS, INC.

GENERATION PORTFOLIO

								OWNED & LEASED CAPABILITY (MW)(a)				PLANT AVG BTU PER KWH												TOTAL PLANT – 2010
						COMMER- CIAL OPER- ATION								Emissions										NET		EXPEN- SES PER NET MWH		TOTAL PRODUCTION EXPENSE ($000)
PLANT	UNIT		OWNER- SHIP							FUEL TYPE	PURPOSE	NET GENER- ATION		SO2 (tons)		NOx (tons)		CO2 (tons)		Hg(b) (lbs)		TECHNOLOGY(c)		GENER- ATION (MWH)
A. B. Paterson		3		100	%		1950		–	Gas/Oil	Retired(b)		0		-		-		-		-		-		-		-		440
		4		100	%		1954		–	Gas/Oil	Retired(b)				-		-		-		-		-
Michoud		1		100	%		1957		–	Gas/Oil	Reserve		11,230		0		0.1		251		0		-		1,867,273		65.2		121,697
		2		100	%		1963		233	Gas/Oil	Intermediate				2.2		800		431,040		0		-
		3		100	%		1967		515	Gas/Oil	Intermediate				4.3		874		844,247		0		Combus Mod / Fuel Reburn
A. B. Paterson		5		100	%		1967		–	Oil	Retired(d)		0		-		-		-		-		-		-		-		126
Total									748																1,867,273		65.5		122,263

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

(b) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(c) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

(d) A. B. Paterson units were officially retired on September 17, 2010.

SYSTEM ENERGY RESOURCES, INC.

	2010			2009		2008			2007			2006
ELECTRIC OPERATING REVENUES ($ thousands)		558,584			554,007		528,998			553,193			555,459
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil		-			-		-			-			-
Coal		-			-		-			-			-
Nuclear		8,677			9,898		8,455			8,421			9,723
Hydro		-			-		-			-			-
Total Net Generation		8,677			9,898		8,455			8,421			9,723
Purchased Power		-			-		-			-			-
Total Sources of Energy		8,677			9,898		8,455			8,421			9,723
USES OF ENERGY (GWh)
Electric Energy Sales		8,692			9,898		8,475			8,440			9,727
Unbilled Energy		-			-		-			-			-
Line Losses and Company Usage		(15	)		-		(20	)		(19	)		(4	)
Total Uses of Energy		8,677			9,898		8,455			8,421			9,723

Totals may not foot due to rounding.

SYSTEM ENERGY RESOURCES, INC.

GENERATION PORTFOLIO

				OWNED & LEASED CAPABILITY (MW)(a)				PLANT AVG BTU PER KWH												TOTAL PLANT – 2010
			COMMER- CIAL OPER- ATION							Emissions										NET		EXPEN- SES PER NET MWH		TOTAL PRODUCTION EXPENSE ($000)
PLANT	UNIT	OWNER- SHIP				FUEL TYPE	PURPOSE	NET GENER- ATION		SO2 (tons)		NOx (tons)		CO2 (tons)		Hg(b) (lbs)		TECHNOLOGY(c)		GENER- ATION (MWH)
Grand Gulf	1	90%	1985		1,126	Nuclear  BWR(d)	Base		10,553		-		-		-		-		-		8,677,349		20.7		179,570
Total					1,126																8,677,349		20.7		179,570

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

(b) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(c) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

(d) BWR = Boiling Water Reactor.

48

UTILITY STATISTICAL INFORMATION

UTILITY NUCLEAR PLANT STATISTICS

The following table shows plant performance for 2006 – 2010 based on 18/24 month operating cycle.

CAPABILITY FACTOR (%)	2010	2009	2008	2007	2006
ANO	92.3	90.9	92.6	92.8	88.3
Grand Gulf	92.4	92.1	85.4	89.5	91.9
River Bend	92.7	94.2	81.8	88.1	90.9
Waterford 3	91.4	91.4	90.6	91.5	93.5
Entergy Southeast Average	92.2	91.9	88.6	90.9	90.6
Industry Average	89.3	90.2	90.7	91.1	90.5

The following table shows plant performance for 2010 and averages for four three-year periods.

PRODUCTION COST ($/MWh)(a)	2010		2007–2009		2006–2008		2005–2007		2004–2006
ANO		19.8		17.2		16.3		16.0		15.5
Grand Gulf		20.7		17.7		16.6		15.3		14.2
River Bend		23.7		22.9		22.4		20.1		18.8
Waterford 3		20.2		18.1		16.9		16.7		15.9
Entergy Southeast Average		20.9		18.5		17.5		16.7		15.9
Industry Average		21.4		19.4		18.5		17.6		16.9

(a) Fuel and non-fuel operation and maintenance expenses according to accounting standards that directly relate to the production of electricity per MWh.

INDIVIDUAL PLANT INFORMATION

ANO UNIT 1

UNIT 2

GRAND GULF

RIVER BEND

WATERFORD 3

Owner

Entergy

Entergy

System Energy-90

%

Entergy

Entergy

Arkansas

Arkansas

South Mississippi

Gulf States

Louisiana

Electric Power

Louisiana

Association-10

%

Commercial Operation Date

December 74

March 80

July 85

June 86

September 85

License Expiration Date

5/20/34

7/17/38

11/1/24

8/29/25

12/18/24

Architect/Engineer

Bechtel Power

Bechtel Power

Bechtel Power

Stone & Webster

Ebasco

Reactor Manufacturer

Babcox &

Combustion

General

General

Combustion

Wilcox

Engineering

Electric

Electric

Engineering

Reactor Type

PWR

PWR

BWR

BWR

PWR

Turbine Generator Manufacturer

Westinghouse

General Electric

Kraftwerk Union

General Electric

Westinghouse

Owned and Leased Capability (MW)(a)

842

993

1,126

974

1,168

Refueling Data:

Last Date

3/21/10 -

2/21/11 -

4/25/10 -

1/15/11 -

4/5/11 -

4/25/10

3/26/11

5/27/10

2/12/11

5/12/11

Number of Days

35

34

31

28

36

Next Scheduled Refueling

Fall 11

Fall 12

Spring 12

Winter 13

Fall 12

2010 Capability Factor (%)

92.5

92.1

92.4

92.7

91.4

($ millions as of December 31, 2010)

Net Book Value

1,164

(b)

1,323

1,470

1,360

Decommissioning Trust Fair Values

521

(b)

388

394

(c)

241

Decommissioning Liability

595

(b)

453

331

(c)

309

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

(b) ANO Units 1 and 2 are reported together.

(c) 30% of River Bend is not subject to rate regulation by the Public Utility Commission of Texas, the Louisiana Public Service Commission, nor various municipal authorities, and is included in non-utility property on the balance sheet. The decommissioning trust fund balance and decommissioning liability include amounts for the 30% not subject to rate regulation.

49

UTILITY REGULATORY INFORMATION

STATE REGULATORY COMMISSIONS

	ARKANSAS	LOUISIANA	MISSISSIPPI	NEW ORLEANS	TEXAS
Commission	Arkansas Public	Louisiana	Mississippi	New Orleans	Public Utility
	Service	Public Service	Public Service	City Council	Commission
	Commission	Commission	Commission		of Texas
Number of Commissioners	3	5	3	7	3
Method of Selection	Appointed by	Elected	Elected	Elected	Appointed by
	Governor				Governor
Term of Office	6 years –	6 years –	4 years –	4 years –	6 years –
	staggered	staggered	concurrent	concurrent	staggered
				(2 term limit)
Chair / President	Appointed by	Selected by	Rotates every	Selected by	Appointed by
	Governor	peers – 1 year	1 - 2 years, as	peers from two	Governor
		term	determined by members	at-large seats

COMMISSION/COUNCIL MEMBERS

	PARTY	SERVICE BEGAN	CURRENT TERM ENDS
ARKANSAS
Colette Honorable – Chair	Democrat	10/07	1/17
Olan W. Reeves	unknown	1/09	1/15
Elana C. Wills	unknown	1/11	1/13
LOUISIANA
James M. Field – Chairman	Republican	12/96	12/12
Foster L. Campbell, Jr.	Democrat	1/03	12/14
Lambert C. Boissiere, III	Democrat	1/05	12/16
Eric Skrmetta	Republican	1/09	12/14
Clyde C. Holloway	Republican	4/09	12/16
MISSISSIPPI
Leonard Bentz – Vice-Chairman (2011)	Republican	4/06	12/11
Lynn Posey – Chair (2011)	Republican	1/08	12/11
Brandon Presley	Democrat	1/08	12/11
NEW ORLEANS
Cynthia Hedge-Morrell – Chair of Utility Committee	Democrat	4/05	5/14
Arnie Fielkow – Vice President of City Council	Democrat	5/06	5/14
Stacy S. Head	Democrat	5/06	5/14
Jacquelyn Brechtel Clarkson – President of City Council	Democrat	11/07	5/14
Susan Guidry	Democrat	5/10	5/14
Jon Johnson	Democrat	5/10	5/14
Kristen Palmer	Democrat	5/10	5/14
TEXAS
Barry Smitherman – Chair(a)	Republican	4/04	8/13
Donna L. Nelson	Republican	8/08	8/15
Kenneth W. Anderson Jr.	Republican	9/08	8/11

(a) On July 8, 2011, vacated his post to accept an appointment to the Texas Railroad Commission.

50

SELECT UTILITY REGULATORY MECHANISMS

	LAST FILED	ALLOWED
	RATE BASE	ROE
COMPANY	($ billions)	(%)	JURISDICTIONAL REGULATORY MECHANISMS
EAI	4.0	10.2	Rate Case	•      No fixed schedule for rate filings. EAI filed its last rate case on September 4, 2009.
	6/30/09 with known and measurable changes through 6/30/10			•      In June 2010, the APSC approved a settlement in the EAI rate case. Key elements of the settlement include: an approximate $63.7 million base rate increase (after removing $10.1 million for securitization of ice storm) and a 10.2% allowed return on equity. New base rates became effective with the first billing cycle of July 2010.
EGSL	2.4 Electric	9.9 – 11.4 Electric	FRP	•      Annual filing in May; any change in rates typically effective in September.
	12/31/2010 0.05 Gas 9/30/2010	10.65 midpoint +/- 75 bps 60/40 customer/ company sharing		•      In October 2009, the LPSC approved an uncontested settlement extending the FRP regulatory process for an additional three years. The new FRP was adopted for the 2008-2010 test years and retains the 10.65% electric ROE midpoint with a +/- 75 bp bandwidth and a recovery mechanism for Commission-approved capacity additions. Earnings outside the bandwidth are allocated prospectively, 60% to customers and 40% to the company. As part of the settlement, all parties committed to work together to attempt to develop a transmission rider.
		10.0 - 11.0 Gas 10.5 midpoint +/- 50 bps	RSP	•      In July 2005, the LPSC approved the EGSL gas Rate Stabilization Plan (RSP) which specified a 10.5% gas ROE midpoint with a +/- 50 bp bandwidth. Outside the bandwidth, rate changes are determined as follows: +/- 200 bps, rates changed by 50% of difference necessary to bring earned return to end point of band; if more than +/- 200 bps, rates changed 100% to eliminate differential in excess of 200 bps and then same as if within +/- 200 bps.
ELL	3.2	9.45 – 11.05	FRP	•      Annual filing in May; any change in rates typically effective in September.
	12/31/2010	10.25 midpoint +/- 80 bps 60/40 customer/ company sharing		•      In October 2009, the LPSC approved an uncontested settlement extending the FRP regulatory process for an additional three years. The new FRP was adopted for the 2008-2010 test years and retains the 10.25% ROE midpoint with a +/- 80 bp bandwidth and a recovery mechanism for Commission-approved capacity additions. Earnings outside of the bandwidth are allocated prospectively, 60% to customers and 40% to the company. As part of the settlement, all parties committed to work together to attempt to develop a transmission rider.
EMI	1.6 12/31/2010	10.54 – 12.72 11.63 midpoint (subject to review / approval) Formulaic ROE reset Up to ~200 bps on ROE (depends on capital ratios) for price, satisfaction and reliability	FRP	•      Annual filing in March; any change in rates typically effective the first billing cycle of June. •      On March 4, 2010, the MPSC approved modifications to EMI’s FRP that (1) aligned EMI’s FRP more closely with the FRPs of the other regulated gas and electric utilities in Mississippi; (2) provided the opportunity to reset the ROE and bandwidth based upon performance ratings; (3) rescored the performance adjustment factors; (4) eliminated the $14.5 million revenue adjustment limit and changed the 2 percent of revenues limit to a 4 percent limit, with any adjustment over 2 percent requiring a hearing; and (5) directed EMI to phase-out the summer / winter rate differential in residential rates over two years.
ENOI	0.3 Electric 12/31/2010 0.09 Gas 12/31/2010	10.7 – 11.5 Electric 11.1 midpoint +/- 40 bps 10.25 – 11.25 Gas 10.75 midpoint +/- 50 bps Earnings outside bandwidth reset to midpoint ROE	FRP FRP	•      Annual filing in May; any change in rates typically effective in first billing cycle of October. •      On April 2, 2009, the City Council of New Orleans approved a comprehensive settlement. A new three-year formula rate plan was adopted, with terms including an 11.1% electric ROE midpoint with a +/- 40 bp bandwidth and a 10.75% gas ROE midpoint with a +/- 50 bp bandwidth. Earnings outside the bandwidth reset to the midpoint ROE, with rates changing on a prospective basis depending on whether ENOI is over or under-earning. The FRP also includes a recovery mechanism for Council-approved capacity additions, plus provisions for extraordinary cost changes and force majeure. The FRP may be extended by the mutual agreement of ENOI and the City Council of New Orleans (CCNO). The settlement also implemented energy conservation and demand programs.
ETI	1.6	10.125	Rate Case	•      No fixed schedule for rate filings. ETI filed its last rate case on December 30, 2009.
	6/30/09 adjusted test year			•      ETI implemented a $17.5 million interim rate increase beginning on May 1, 2010, pursuant to a February 2010 unanimous settlement on interim rates and a $59 million base rate increase for usage on and after August 15, 2010, pursuant to its August 2010 stipulation and settlement agreement approved by the PUCT in December 2010. Other key elements of the stipulation and settlement agreement included an additional $9 million rate increase for bills rendered on and after May 2, 2011 (the first billing cycle of the month) and a 10.125 percent allowed return on equity.
SERI	1.1	10.94		•      Real-time recovery mechanism.
	monthly filing
TOTAL	14.2

51

UTILITY ELECTRIC AND GAS FUEL RECOVERY MECHANISMS

	DEFERRED FUEL BALANCE AS OF DECEMBER 31,
COMPANY	2010			2009			2008			2007			2006			FUEL RECOVERY MECHANISM
							($ millions)
EAI		61.5			122.8			119.1			114.8			2.2		Annual reset in April based on prior calendar year fuel and purchased power costs adjusted for nuclear refueling outages and projected sales plus any under- or over-recovered fuel balance for the prior calendar year.
EGSL(a)		77.8			57.8			8.1			105.8			119.5		Electric: Monthly reset based on fuel and purchased power costs from two months prior plus surcharge or credit for 1/12 of under- or over-recovered fuel balance.
																Gas: Monthly reset based on estimated gas costs plus a surcharge with an annual reset calculated by taking the over- or under- recovered balance at the end of June and dividing by the projected sales for the next 12 months.
ELL(a)		8.8			66.4			(23.6	)		19.2			114.3		Monthly reset based on fuel and purchased power costs from two months prior plus surcharge or credit for 1/12 of under- or over-recovered fuel balance.
EMI		3.2			(72.9	)		5.0			(76.6	)		(95.2	)	Quarterly reset based on projected fuel and purchased power costs and projected sales plus any under- or over-recovered fuel balance from the second prior quarter.
ENOI(b)		(2.8	)		8.1			21.8			17.3			19.0		Electric: On April 2, 2009 the New Orleans City Council approved a new Fuel Adjustment Clause tariff that calculates a monthly rate based on fuel and purchased power costs from two months prior. A surcharge or credit will be calculated on any under- or over-recovered fuel balance based on the most recent 12 months actual kWh sales. Under the new tariff Grand Gulf non-fuel costs are recovered through base rates. Any incremental monthly Grand Gulf non-fuel costs are included in the Fuel Adjustment Clause. Resource Plan non-fuel costs are collected through the Fuel Adjustment Clause. The new tariff became effective on June 1, 2009.
																Gas: Monthly reset based on estimated gas costs plus a surcharge or credit for the under- or over-recovered fuel balance based on the most recent 12 months Mcf sales.
ETI		(77.4	)		(102.7	)		21.2			(67.3	)		(45.6	)	Semi-annual reset of fuel factor in March and September based on the market price of natural gas plus surcharge or refund for material under- or over-recoveries based on actual costs.
Total		71.1			79.5			151.6			113.2			114.2
Totals may not foot due to rounding.

(a) 2010, 2009, 2008, 2007 and 2006 include $100.1 million for Entergy Gulf States Louisiana and $68 million for Entergy Louisiana of fuel, purchased power, and capacity costs, which do not currently earn a return on investment and whose recovery periods are indeterminate but are expected to be over a period greater than twelve months.

(b) 2010 and 2009 include $4.1 million for Entergy New Orleans of fuel, purchased power, and capacity costs, which do not currently earn a return on investment and whose recovery periods are indeterminate but are expected to be over a period greater than twelve months.

52

ENTERGY WHOLESALE COMMODITIES

EWC QUARTERLY FINANCIAL METRICS

	2010										2009
	1Q		2Q		3Q		4Q		YTD		1Q		2Q		3Q		4Q		YTD		% CHANGE
GAAP MEASURES
As-Reported Net Income ($ millions)		89.9		103.9		143.0		149.9		486.7		170.3		84.6		185.6		197.9		638.5		(24)
Return on Average Invested Capital – As-Reported (%)*		11.5		11.7		10.3		9.3		9.3		15.9		14.8		13.8		13.3		13.3		(30)
Return on Average Common Equity – As-Reported (%)*		11.8		12.1		10.4		9.4		9.4		17.6		16.4		15.2		14.2		14.2		(34)
Debt to Capital Ratio (%)		10.0		8.5		4.9		5.1		5.1		12.5		12.2		11.9		10.5		10.5		(51)
NON-GAAP MEASURES
Operational Earnings ($ millions)		144.2		118.4		168.2		156.6		587.4		176.9		99.7		195.9		209.9		682.5		(14)
Return on Average Invested Capital – Operational (%)*		13.2		13.4		12.2		11.1		11.1		16.0		15.2		14.3		14.1		14.1		(21)
Return on Average Common Equity – Operational (%)*		13.7		14.0		12.4		11.3		11.3		17.8		16.9		15.9		15.1		15.1		(25)
Net Debt to Net Capital Ratio (%)		(0.4)		3.0		(1.2)		(2.7)		(2.7)		3.3		1.7		8.7		2.3		2.3		(217)

*Rolling twelve months.

Totals may not foot due to rounding.

EWC ANNUAL FINANCIAL METRICS

	2010		2009		2008		2007		2006
GAAP MEASURES
As-Reported Net Income ($ millions)		486.7		638.5		795.6		583.2		331.2
Return on Average Invested Capital – As-Reported (%)		9.3		13.3		17.1		13.4		9.5
Return on Average Common Equity – As-Reported (%)		9.4		14.2		19.2		16.4		11.6
Debt to Capital Ratio (%)		5.1		10.5		13.0		18.3		29.6
NON-GAAP MEASURES
Operational Earnings ($ millions)		587.4		682.5		795.6		601.6		303.9
Return on Average Invested Capital – Operational (%)		11.1		14.1		17.1		13.7		8.8
Return on Average Common Equity – Operational (%)		11.3		15.1		19.2		17.0		10.7
Net Debt to Net Capital Ratio (%)		(2.7)		2.3		4.2		10.1		22.2

EWC QUARTERLY OPERATIONAL METRICS

	2010										2009										YTD
	1Q		2Q		3Q		4Q		YTD		1Q		2Q		3Q		4Q		YTD		% CHANGE
Owned Capacity (MW)(a)		6,351		6,351		6,351		6,351		6,351		6,351		6,351		6,351		6,351		6,351		-
Average Realized Revenue/MWh	$	58.31	$	58.15	$	61.51	$	58.16	$	59.04	$	63.47	$	58.10	$	60.53	$	59.62	$	60.46		(2)
Non-Fuel O&M Expense/Purchased Power per MWh(b)	$	23.90	$	26.93	$	29.59	$	26.74	$	26.76	$	23.46	$	25.94	$	23.36	$	25.20	$	24.45		9
Billed GWh		11,128		10,498		10,736		10,320		42,682		10,704		9,726		11,718		11,821		43,969		(3)
EWC Nuclear
Average Realized Revenue/MWh	$	58.72	$	57.69	$	61.41	$	58.80	$	59.16	$	63.84	$	59.22	$	61.70	$	59.43	$	61.07		(3)
Production Cost/MWh(b)	$	23.70	$	24.40	$	27.79	$	25.23	$	25.27	$	23.14	$	24.30	$	22.57	$	23.20	$	23.26		9
Non-Fuel O&M Expense/Purchased Power per MWh(b)	$	23.63	$	25.49	$	28.77	$	26.06	$	25.97	$	22.44	$	25.33	$	22.11	$	23.60	$	23.30		11
Billed GWh		10,255		9,868		9,888		9,644		39,655		10,074		8,980		10,876		11,052		40,981		(3)
Capacity Factor		94%		90%		91%		86%		90%		92%		81%		100%		99%		93%		(3)

(a) Fourth quarter and year-to-date 2010 owned capacity includes the 335 MW ownership position in the Harrison County power plant, which was sold on December 31, 2010.

(b) 2010 and 2009 exclude the effects of the non-utility nuclear spin-off expenses special items at EWC Nuclear.

Totals may not foot due to rounding.

EWC ANNUAL OPERATIONAL METRICS

	2010		2009		2008		2007		2006
Owned Capacity (MW)(a)		6,351		6,351		6,351		6,576		5,778
Average Realized Revenue/MWh	$	59.04	$	60.46	$	60.73	$	53.69	$	47.08
Non-Fuel O&M Expense/Purchased Power per MWh(b)(c)	$	26.76	$	24.45	$	22.86	$	24.76	$	22.55
Billed GWh		42,682		43,969		44,747		40,916		38,289
EWC Nuclear
Net MW in Operation		4,998		4,998		4,998		4,998		4,200
Average Realized Price/MWh	$	59.16	$	61.07	$	59.51	$	52.69	$	44.33
Production Cost/MWh(b)(c)	$	25.27	$	23.26	$	21.88	$	21.19	$	19.50
Non-Fuel O&M Expense/Purchased Power per MWh(b)(c)	$	25.97	$	23.30	$	21.95	$	22.86	$	21.37
Billed GWh		39,655		40,981		41,710		37,570		34,847
Capacity Factor		90%		93%		95%		89%		95%

(a) Fourth quarter and year-to-date 2010 owned capacity includes the 335 MW ownership position in the Harrison County power plant, which was sold on December 31, 2010.

(b) 2010 and 2009 exclude the effects of the non-utility nuclear spin-off expenses special items at EWC Nuclear.

(c) 2007 excludes the effect of the non-utility nuclear alignment special item at EWC Nuclear.

Totals may not foot due to rounding.

TOTAL CAPACITY

	OPERATED						OWNED  CAPACITY(c)
As of December 31, 2010.	PLANTS		UNITS		MW			MW		%
Gas/Oil		1		1		544(b)(d)			757(d)		13
Coal		-		-		- (b)			181(f)		3
Total Fossil		1		1		544			938		16
Wind		-		-		-			80		1
Nuclear		6		7		5,798(a)			4,998		83
Total Capacity		7		8		6,342			6,016		100

(a) Operated capacity includes management services contracts.

(b) Excludes units operated by Entergy’s utility companies.

(c) Includes capacity under power purchase agreements.

(d) In fourth quarter 2010, Entergy sold its 61 percent share of the Harrison County 550 MW combined cycle gas-fired power plant.

(f) On May 5, 2011, Entergy filed an application with FERC (Docket No.EC11-76) requesting authorization of a proposed transaction in which EAM Nelson Holding, LLC will acquire 10.9% ownership interest in the Nelson 6 550 MW coal-fired steam electric generating facility.

53

ENTERGY WHOLESALE COMMODITIES

EWC NUCLEAR PLANT STATISTICS

JAMES A.

INDIAN POINT

PALISADES

PILGRIM

VERMONT

FITZPATRICK

UNIT 2

UNIT 3

NUCLEAR PLANT

NUCLEAR STATION

YANKEE

Entergy Purchase Date

11/21/00

9/6/01

11/21/00

4/11/07

7/13/99

7/31/02

Commercial Operation Date

July 75

August 74

August 76

December 71

December 72

November 72

License Expiration Date

10/17/34

9/28/13

12/12/15

3/24/31

6/8/12

3/21/32

Architect/Engineer

Stone &

United

United

Combustion

Bechtel

Ebasco

Webster

Engineers &

Engineers &

Engineering

Power

Constructors

Constructors

Reactor Manufacturer

General

Westinghouse

Westinghouse

Combustion

General

General

Electric

Engineering

Electric

Electric

Reactor Type

BWR

PWR

PWR

PWR

BWR

BWR

Turbine Generator Manufacturer

General Electric

Westinghouse

Westinghouse

Westinghouse

General Electric

General Electric

Net MWs in Operation (MW)

838

1,028

1,041

798

688

605

(as of December 31, 2010)

Refueling Data:

Last Date

9/12/10 –

3/10/10 –

3/9/11 –

10/3/10 –

4/18/11 –

4/25/10 –

10/17/10

4/12/10

4/8/11

10/30/10

5/12/11

5/24/10

Number of Days

35

33

30

26

25

29

Next Scheduled Refueling

Fall 12

Spring 12

Spring 13

Spring 12

Spring 13(e)

Fall 11

2010 Capacity Factor

85%

82%

99%

89%

99%

90%

($ millions as of December 31, 2010)

Net Book Value

483

998

720

786

277

369

Decommissioning Trust Fund Balance

(a)

662(b)

(a)

271

646

474

Decommissioning Liability

(a)

459(b)

(a)

285

335

339

Nearest Market Hub

NYISO

NYISO

NYISO

MISO

NEPOOL

NEPOOL

Zone A(c)

Zone G(d)

Zone G(d)

Cinergy

Mass Hub

Mass Hub

Capacity Zone (ICAP/UCAP)

NYISO

NYISO

NYISO

n/a

NEPOOL

NEPOOL

Rest of State

Rest of State

Rest of State

(a) NYPA retained the decommissioning trusts and decommissioning liability. NYPA and Entergy executed decommissioning agreements, specifying their decommissioning obligations. NYPA has the right to require Entergy to assume the decommissioning liability provided that it assigns the corresponding decommissioning trust, up to a specifiedlevel, to Entergy. If the decommissioning liability is retained by NYPA, Entergy will perform the decommissioning of the plants at a price equal to the lesser of a pre-specified level or the amount in the decommissioning trusts. Entergy believes that the amounts available to it under either scenario are sufficient to cover the future decommissioning costs without any additional contributions to the trusts.

(b) Includes amount for Indian Point 1. Indian Point 1 has been shut down and in safe storage since the 1970s.

(c) James A. FitzPatrick physically located in NYISO Zone C.

(d) Indian Point physically located in NYISO Zone H.

(e) Contingent on license renewal.

EWC NUCLEAR PLANT UPRATES

(MW)

CAPACITY	FitzPatrick		Indian Point 2		Indian Point 3		Palisades(a)		Pilgrim		Vermont Yankee		Total
At acquisition		825		970		980		798		670		510		4,753
2003		-		14		14		-		18		-		46
2004		13		44		-		-		-		-		57
2005		-		-		47		-		-		-		47
2006		-		-		-		-		-		95		95
2007 - 2010		-		-		-		-		-		-		-
12/31/2010		838		1,028		1,041		798		688		605		4,998

(a) Acquired April 2007.

EWC NON-NUCLEAR WHOLESALE ASSETS PLANT STATISTICS

		NERC		COMMERCIAL		OWNERSHIP		NET		TOTAL		FUEL TYPE
PLANT	LOCATION	REGION		OPERATION		INTEREST		MW		MW		TECHNOLOGY
Independence – Unit 2	Newark, AR		SERC		1983		14%		121		842		Coal
Nelson 6 (PPA)(b)	Westlake, LA		SERC		1982		11%		60		550		Coal
RS Cogen	Lake Charles, LA		SERC		2002		50%		213		425		CCGT Cogen
Ritchie – Unit 2	Helena, AR		SERC		1968		100%		544		544		Gas/Oil
Top of Iowa	Worth County, IA		MAPP		2001		50%		40		80		Wind
White Deer	Amarillo, TX		SPP		2001		50%		40		80		Wind
Total(a)									1,018		2,521

(a) In fourth quarter 2010, Entergy sold its 61 percent share of the Harrison County 550 MW combined cycle gas-fired power plant.

(b) On May 5, 2011, Entergy filed an application with FERC (Docket No.EC11-76) requesting authorization of a proposed transaction in which EAM Nelson Holding, LLC will acquire 10.9% ownership

EWC NON-NUCLEAR WHOLESALE ASSETS PLANT EMISSIONS

					Emissions
	FUEL TYPE				SO2		NOx		CO2		Hg(c)
PLANT	TECHNOLOGY		PURPOSE		(tons)		(tons)		(tons)		(lbs)		TECHNOLOGY(d)
Independence – Unit 2		Coal		Base		1,977		974		830,677		31		OFA
Nelson 6 (PPA)(b)		Coal		Base		1,547		412		456,125		17		LNB w Sep OFA
RS Cogen		CCGT Cogen		Base QF		4		373		788,661		0		Dry LNB / SCR
Ritchie – Unit 2		Gas/Oil		Peaking		-		-		-		-		-
Top of Iowa		Wind		Renewable		-		-		-		-		-
White Deer		Wind		Renewable		-		-		-		-		-
Total(a)						3,528		1,759		2,075,462		48

(a) In fourth quarter 2010, Entergy sold its 61 percent share of the Harrison County 550 MW combined cycle gas-fired power plant.

(b) On May 5, 2011, Entergy filed an application with FERC (Docket No.EC11-76) requesting authorization of a proposed transaction in which EAM Nelson Holding, LLC will acquire 10.9% ownership interest in the Nelson 6 550 MW coal-fired steam electric generating facility.

(c) Mercury emissions calculated using 2010 unit heat input and 3.92 x 10-6 lb hg/MMBtu emissiom rate for coal plants and 8.0 x 10-10 lb hg/MMBtu emission rate for natural gas plants.

(d) Installed NOx and particulate matter emission control devices: Combustion Modification/ Fuel Reburning (Combus Mod / Fuel Reburn), Dry Low NOx Burners (Dry LNB), Electrostatic Precipitator (ESP), Low Nox Burners with Closed-coupled Overfire Air (LNB w/ Closed-coupled OFA), Low NOx Burners with Separated Overfire Air (LNB w/ Sep OFA), Low NOx Burner with Overfire Air (LNB w/ OFA), Overfire Air (OFA), Selective Catalytic Reduction (SCR) or Steam Injection. Currently have no SO₂, CO₂ or Mercury Control equipment operating on any unit.

Totals may not foot due to rounding.

54

ENTERGY WHOLESALE COMMODITIES

EWC NUCLEAR SECURITIES DETAIL

LONG-TERM DEBT:

NOTE TO NEW YORK POWER AUTHORITY (NYPA) RELATING TO THE PURCHASE OF FITZPATRICK AND INDIAN POINT 3

					ADDITIONAL LTD				TOTAL ENDING		TOTAL
			INTEREST		RELATED TO		INTEREST		LONG-TERM		INTEREST
($ thousands)	LONG-TERM DEBT(a)		EXPENSE		PURCHASE OF IP2		EXPENSE		DEBT		EXPENSE
2000		744,405		3,869		-		-		744,405		3,869
2001		682,512		35,392		74,402		1,190		756,914		36,582
2002		604,420		32,540		79,220		3,628		683,640		36,168
2003		441,845		27,387		72,863		3,643		514,708		31,030
2004		379,405		21,275		66,200		3,337		445,605		24,612
2005		313,968		18,277		59,218		3,018		373,186		21,295
2006		245,390		15,137		51,900		2,682		297,289		17,819
2007		173,445		11,845		44,231		2,331		217,676		14,176
2008		161,932		8,412		36,194		1,963		198,127		10,375
2009		149,771		7,839		27,772		1,577		177,543		9,416
2010		137,026		7,255		18,945		1,173		155,971		8,428
2011		123,669		6,643		9,694		750		133,363		7,393
2012		109,681		6,012		-		305		109,681		6,317
2013		95,011		5,331		-		-		95,011		5,331
2014		79,638		4,627		-		-		79,638		4,627
2015		61,027		3,889		-		-		61,027		3,889
2016 – 2035 Average		-		1,755		-		-		-		1,755

(a) Includes plant, fuel, and license extension payments. Payments for plant and fuel are made annually on 11/21 (anniversary of close). As of 9/30/03, the entire fuel note has been paid off. Life extension payments made on anniversary of license expiration. Entergy will pay NYPA $2.5 million annually per plant, for up to twenty years if FitzPatrick and/or Indian Point 3 operate beyond their original license date.

Totals may not foot due to rounding.

EWC NON-NUCLEAR WHOLESALE ASSETS

EWC NON-NUCLEAR WHOLESALE ASSETS SECURITIES DETAIL

DEBT:

OUTSTANDING AS OF DECEMBER 31,

(ENTERGY’S SHARE)	2010	2009	2008	MATURITY	RATE
		(in millions)
RS Cogen Senior Project Debt
Bank Portion(a)	$46	$51	$55	10/17/18	LIBOR + 1.625%
Institutional Portion	$38	$38	$38	10/15/22	Fixed 8.73%
Debt Service Reserve Letter of Credit(b)	$  -	$  1	$  -	1 month to 6 months	LIBOR + 1.625%
RS Cogen Subordinated Debt	$13	$13	$13	10/17/17	LIBOR + 4.50%
Top Deer Senior Project Debt	$  8	$13	$19	06/30/13	Fixed 5.55%

(a) RS Cogen spread on bank portion increases over time from 1.375% to 2.375%.

(b) RS Cogen spread on Debt Service Reserve Letter of Credit Loan increases over time from 1.375% to 1.875%. The DSR LC fee was 1.375% in the first term and 1.625% in the second term, including 2009. The DSR LC is borrowed for interest periods of 1 month to 6 months as needed. The DSR LC was repaid on January 29, 2010.

				SHARES OUTSTANDING
PREFERRED STOCK:				AS OF DECEMBER 31,						AS OF DECEMBER 31,
	RATE(a)			2010		2009		2008		2010		2009		2008
												(in millions)
Authorized 1,000,000 shares, $1 par value, cumulative
Without Sinking Fund:
Entergy Asset Management,		8.95	%		305,240		305,240		297,376	$	29.4	$	29.4	$	29.7
8.95% rate(a)
Other		-			-		-		-		0.9		1.5		0.8
Total without sinking fund					305,240		305,240		297,376	$	30.2	$	30.9	$	30.5

(a) Entergy Asset Management’s stockholders’ agreement provides that each December 31 either Entergy Asset Management or the preferred shareholders may request that the preferred dividend rate be reset.

55

DEFINITIONS OF OPERATIONAL MEASURES AND GAAP AND NON-GAAP FINANCIAL MEASURES
ENTERGY WHOLESALE COMMODITIES OPERATIONAL MEASURES
Owned capacity (MW)	Installed capacity owned and operated by Entergy Wholesale Commodities, including investments in wind generation accounted for under the equity method of accounting
Average realized revenue per MWh	As-reported revenue per MWh billed for Entergy Wholesale Commodities plants, excluding revenue from the amortization of the Palisades below-market PPA and investments in wind generation accounted for under the equity method of accounting
Non-fuel O&M expense/purchased power per MWh	Operation, maintenance and refueling expenses and purchased power per MWh billed, excluding fuel and investments in wind generation accounted for under the equity method of accounting
GWh billed	Total number of GWh billed to customers, excluding investments in wind generation accounted for under the equity method of accounting
NUCLEAR OPERATIONAL MEASURES
Net MW in operation	Installed capacity owned or operated by Entergy Wholesale Commodities - Nuclear
Average realized revenue per MWh	As-reported revenue per MWh billed for Entergy Wholesale Commodities nuclear plants, excluding revenue from the amortization of the Palisades below-market PPA
Production cost per MWh	Fuel and non-fuel operation and maintenance expenses according to accounting standards that directly relate to the production of electricity per MWh (based on net generation)
Non-fuel O&M expense/purchased power per MWh	Operation, maintenance and refueling expenses and purchased power per MWh billed, excluding fuel
GWh billed	Total number of GWh billed to all customers
Capability factor	The percentage of the maximum energy generation a plant is capable of supplying to the grid, limited only by factors within control of plant management; a high capability factor indicates effective plant programs and practices to minimize unplanned energy losses and to optimize planned outages
Capacity factor	Normalized percentage of the period that the nuclear plants generate power
Refueling outage duration	Number of days lost for scheduled refueling outage during the period
Financial measures defined in the below table include measures prepared in accordance with generally accepted accounting principles (GAAP), as well as non-GAAP measures. Non-GAAP measures are included in this report in order to provide metrics that remove the effect of less routine financial impacts from commonly used financial metrics.
FINANCIAL MEASURES – GAAP
Return on average invested capital – as-reported	12-months rolling net income attributable to Entergy Corporation (Net Income) adjusted to include preferred dividends and tax-effected interest expense divided by average invested capital
Return on average common equity – as-reported	12-months rolling Net Income divided by average common equity
Net margin – as-reported	12-months rolling Net Income divided by 12-months rolling revenue
Cash flow interest coverage	12-months cash flow from operating activities plus 12-months rolling interest paid, divided by interest expense
Book value per share	Common equity divided by end of period shares outstanding
Revolver capacity	Amount of undrawn capacity remaining on corporate and subsidiary revolvers
Total debt	Sum of short-term and long-term debt, notes payable, capital leases, and preferred stock with sinking fund on the balance sheet, less non-recourse debt, if any
Debt of joint ventures (Entergy’s share)	Debt issued by business joint ventures at Entergy Wholesale Commodities assets
Leases (Entergy’s share)	Operating leases held by subsidiaries capitalized at implicit interest rate
Debt to capital ratio	Gross debt divided by total capitalization
Securitization debt	Debt associated with securitization bonds issued to recover storm costs from hurricanes Rita, Ike and Gustav at Entergy Texas and the 2009 ice storm at Entergy Arkansas
FINANCIAL MEASURES – NON-GAAP
Operational earnings	As-reported Net Income adjusted to exclude the impact of special items
Return on average invested capital – operational	12-months rolling operational Net Income adjusted to include preferred dividends and tax-effected interest expense divided by average invested capital
Return on average common equity – operational	12-months rolling operational Net Income divided by average common equity
Net margin – operational	12-months rolling operational Net Income divided by 12-months rolling revenue
Total gross liquidity	Sum of cash and revolver capacity
Debt to capital ratio, excluding securitization debt	Gross debt divided by total capitalization, excluding securitization debt
Net debt to net capital ratio, excluding securitization debt	Gross debt less cash and cash equivalents divided by total capitalization less cash and
	cash equivalents, excluding securitization debt
Net debt to net capital ratio, including off-balance sheet liabilities, excluding securitization debt	Sum of gross debt and off-balance sheet debt less cash and cash equivalents divided by sum of total capitalization and off-balance sheet debt less cash and cash equivalents, excluding securitization debt

56

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Reconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP 2006 PRO FORMA INCOME STATEMENT	UTILITY/PARENT/OTHER									CONSOLIDATED
In thousands, for the year ended December 31, 2006.		GAAP			ENOI ADJUSTMENT	*		PRO FORMA			GAAP			ENOI ADJUSTMENT	*		PRO FORMA
OPERATING REVENUES:
Electric	$	9,065,800		$	204,989		$	9,270,789		$	9,063,135		$	204,989		$	9,268,124
Natural gas		84,230			100,088			184,318			84,230			100,088			184,318
Competitive businesses		39,817			-			39,817			1,784,793			-			1,784,793
Total		9,189,847			305,077			9,494,924			10,932,158			305,077			11,237,235
OPERATING EXPENSES:
Operating and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		2,880,857			157,535			3,038,392			3,144,073			157,535			3,301,608
Purchased power		2,120,770			(43,647	)		2,077,123			2,138,237			(43,647	)		2,094,590
Nuclear refueling outage expenses		78,110			-			78,110			169,567			-			169,567
Other operation and maintenance		1,614,002			100,094			1,714,096			2,335,364			100,094			2,435,458
Decommissioning		82,912			169			83,081			145,884			169			146,053
Taxes other than income taxes		363,897			34,953			398,850			428,561			34,953			463,514
Depreciation and amortization		808,517			31,465			839,982			887,792			31,465			919,257
Other regulatory charges (credits) – net		(122,680	)		4,160			(118,520	)		(122,680	)		4,160			(118,520	)
Total		7,826,385			284,729			8,111,114			9,126,798			284,729			9,411,527
OPERATING INCOME		1,363,462			20,348			1,383,810			1,805,360			20,348			1,825,708
OTHER INCOME:
Allowance for equity funds used during construction		39,894			3,078			42,972			39,894			3,078			42,972
Interest and investment income		163,717			(6,722	)		156,995			198,835			(6,722	)		192,113
Miscellaneous – net		95,921			(4,600	)		91,321			109,858			(4,600	)		105,258
Total		299,532			(8,244	)		291,288			348,587			(8,244	)		340,343
INTEREST EXPENSE:
Interest expense		588,478			8,244			596,722			573,953			8,244			582,197
Allowance for borrowed funds used during construction		(23,931	)		(2,477	)		(26,408	)		(23,931	)		(2,477	)		(26,408	)
Total		564,547			5,767			570,314			550,022			5,767			555,789
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		1,098,447			6,337			1,104,784			1,603,925			6,337			1,610,262
Income taxes		234,789			5,051			239,840			443,044			5,051			448,095
INCOME FROM CONTINUING OPERATIONS		863,658			1,286			864,944			1,160,881			1,286			1,162,167
LOSS FROM DISCONTINUED OPERATIONS (net of income tax expense of $67)		(496	)		-			(496	)		(496	)		-			(496	)
CONSOLIDATED NET INCOME		863,162			1,286			864,448			1,160,385			1,286			1,161,671
Preferred dividend requirements of subsidiaries		24,363			1,286			25,649			27,783			1,286			29,069
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	838,799		$	-		$	838,799		$	1,132,602		$	-		$	1,132,602

*Adjustment to reflect reconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

Certain prior year data has been reclassified to conform with current year presentation.

57

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Reconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP 2006 PRO FORMA BALANCE SHEET	UTILITY/PARENT/OTHER									CONSOLIDATED
In thousands, as of December 31, 2006.		GAAP			ENOI ADJUSTMENT	*		PRO FORMA			GAAP			ENOI ADJUSTMENT	*		PRO FORMA
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	95,468		$	3,886		$	99,354		$	117,379		$	3,886		$	121,265
Temporary cash investments		499,942			13,207			513,149			898,773			13,207			911,980
Total cash and cash equivalents		595,410			17,093			612,503			1,016,152			17,093			1,033,245
Notes receivable – Entergy New Orleans DIP loan		51,934			(51,934	)		-			51,934			(51,934	)		-
Notes receivable		266,717			-			266,717			699			-			699
Accounts receivable:
Customer		410,512			58,999			469,511			552,376			58,999			611,375
Allowance for doubtful accounts		(19,348	)		(10,563	)		(29,911	)		(19,348	)		(10,563	)		(29,911	)
Associated companies		(5,099	)		-			(5,099	)		-			-			-
Other		312,654			(86,258	)		226,396			345,400			(86,258	)		259,142
Accrued unbilled revenues		249,165			23,758			272,923			249,165			23,758			272,923
Total account receivable		947,884			(14,064	)		933,820			1,127,593			(14,064	)		1,113,529
Accumulated deferred income taxes		10,498			(2,924	)		7,574			11,680			(2,924	)		8,756
Fuel inventory – at average cost		189,829			5,041			194,870			193,098			5,041			198,139
Materials and supplies – at average cost		408,279			7,825			416,104			604,998			7,825			612,823
Deferred nuclear refueling outage costs		65,349			-			65,349			147,521			-			147,521
Prepayments and other		150,134			5,640			155,774			171,759			5,640			177,399
Total		2,686,034			(33,323	)		2,652,711			3,325,434			(33,323	)		3,292,111
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity		7,725,189			(153,988	)		7,571,201			229,089			(153,988	)		75,101
Decommissioning trust funds		1,274,676			-			1,274,676			2,858,523			-			2,858,523
Non-utility property – at cost
(less accumulated depreciation)		208,956			1,107			210,063			212,726			1,107			213,833
Other		39,868			-			39,868			47,115			-			47,115
Total		9,248,689			(152,881	)		9,095,808			3,347,453			(152,881	)		3,194,572
PROPERTY, PLANT AND EQUIPMENT:
Electric		28,405,556			698,081			29,103,637			30,713,284			698,081			31,411,365
Property under capital lease		730,182			-			730,182			730,182			-			730,182
Natural gas		92,787			186,932			279,719			92,787			186,932			279,719
Construction work in progress		609,431			21,824			631,255			786,147			21,824			807,971
Nuclear fuel under capital lease		336,017			-			336,017			336,017			-			336,017
Nuclear fuel		140,357			-			140,357			494,759			-			494,759
Total property, plant and equipment		30,314,330			906,837			31,221,167			33,153,176			906,837			34,060,013
Less – accumulated depreciation and amortization		13,366,710			446,673			13,813,383			13,715,099			446,673			14,161,772
Property, plant and equipment – net		16,947,620			460,164			17,407,784			19,438,077			460,164			19,898,241
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
Regulatory asset for income taxes—net		740,110			(71,870	)		668,240			740,110			(71,870	)		668,240
Other regulatory assets		2,768,352			295,440			3,063,792			2,768,352			295,440			3,063,792
Deferred fuel costs		168,122			-			168,122			168,122			-			168,122
Long-term receivables		19,349			936			20,285			19,349			936			20,285
Goodwill		374,099			-			374,099			377,172			-			377,172
Other		736,461			4,824			741,285			898,662			4,824			903,486
Total		4,806,493			229,330			5,035,823			4,971,767			229,330			5,201,097
TOTAL ASSETS	$	33,688,836		$	503,290		$	34,192,126		$	31,082,731		$	503,290		$	31,586,021

*Adjustment to reflect reconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

Certain prior year data has been reclassified to conform with current year presentation.

58

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Reconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP 2006 PRO FORMA BALANCE SHEET	UTILITY/PARENT/OTHER									CONSOLIDATED
In thousands, as of December 31, 2006.		GAAP			ENOI ADJUSTMENT	*		PRO FORMA			GAAP			ENOI ADJUSTMENT	*		PRO FORMA
LIABILITIES AND EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	93,335		$	-		$	93,335		$	181,576		$	-		$	181,576
Notes payable and commercial paper:
Associated companies		979,198			-			979,198			-			-			-
Other		25,039			-			25,039			25,039			-			25,039
Accounts payable:
Associated companies		69,355			-			69,355			-			-			-
Other		901,434			59,034			960,468			1,122,596			59,034			1,181,630
Customer deposits		248,031			14,808			262,839			248,031			14,808			262,839
Taxes accrued		167,060			2,087			169,147			187,324			2,087			189,411
Interest accrued		159,527			18,004			177,531			160,831			18,004			178,835
Deferred fuel costs		73,031			(18,996	)		54,035			73,031			(18,996	)		54,035
Obligations under capital leases		153,246			-			153,246			153,246			-			153,246
Pension and other postretirement liabilities		39,008			16			39,024			41,912			16			41,928
Other		100,501			6,138			106,639			271,544			6,138			277,682
Total		3,008,765			81,091			3,089,856			2,465,130			81,091			2,546,221
NON–CURRENT LIABILITIES:
Accumulated deferred income taxes
and taxes accrued		5,451,700			98,884			5,550,584			5,820,700			98,884			5,919,584
Accumulated deferred investment tax credits		358,550			3,157			361,707			358,550			3,157			361,707
Obligations under capital leases		188,033			-			188,033			188,033			-			188,033
Other regulatory liabilities		449,237			-			449,237			449,237			-			449,237
Decommissioning and asset retirement cost liabilities		1,249,482			2,591			1,252,073			2,023,846			2,591			2,026,437
Transition to competition		79,098			-			79,098			79,098			-			79,098
Accumulated provisions		81,053			8,384			89,437			88,902			8,384			97,286
Pension and other postretirement liabilities		1,125,707			60,034			1,185,741			1,410,433			60,034			1,470,467
Long-term debt		8,560,534			226,619			8,787,153			8,798,087			226,619			9,024,706
Preferred stock with sinking fund		10,500			-			10,500			10,500			-			10,500
Other		1,173,844			2,750			1,176,594			847,415			2,750			850,165
Total		18,727,738			402,419			19,130,157			20,074,801			402,419			20,477,220
Commitments and Contingencies
Subsidiaries preferred stock without sinking fund		310,751			19,780			330,531			244,913			19,780			264,693
EQUITY:
Common shareholders' equity:
Common stock, $.01 par value,
authorized 500,000,000 shares; issued
248,174,087 shares in 2006		2,228,350			-			2,228,350			2,482			-			2,482
Paid–in capital		6,668,007			-			6,668,007			4,827,265			-			4,827,265
Retained earnings		5,592,532			-			5,592,532			6,113,042			-			6,113,042
Accumulated other comprehensive loss		(82,917	)		-			(82,917	)		(100,512	)		-			(100,512	)
Less – treasury stock, at cost
(45,506,311 shares in 2006)		2,764,390			-			2,764,390			2,644,390			-			2,644,390
Total common shareholders' equity		11,641,582			-			11,641,582			8,197,887			-			8,197,887
Subsidiaries preferred stock without sinking fund		-			-			-			100,000			-			100,000
Total		11,641,582			-			11,641,582			8,297,887			-			8,297,887
TOTAL LIABILITIES AND EQUITY	$	33,688,836		$	503,290		$	34,192,126		$	31,082,731		$	503,290		$	31,586,021

*Adjustment to reflect reconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

Certain prior year data has been reclassified to conform with current year presentation.

59

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Reconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP 2006 PRO FORMA STATEMENT OF CASH FLOW	CONSOLIDATED
In thousands, for the year ended December 31, 2006.	GAAP			ENOI ADJUSTMENT*			PRO FORMA
OPERATING ACTIVITIES:
Consolidated net income	$	1,160,385		$	-		$	1,160,385
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Depreciation, amortization, and decommissioning, including nuclear fuel amortization		1,143,082			31,634			1,174,716
Deferred income taxes, investment tax credits, and non-current taxes accrued		738,643			54,395			793,038
Changes in working capital:
Receivables		408,042			(1,817	)		406,225
Fuel inventory		13,097			3,007			16,104
Accounts payable		(83,884	)		10,855			(73,029	)
Prepaid taxes and taxes accrued		(835	)		2,464			1,629
Interest accrued		5,975			15,337			21,312
Deferred fuel		582,947			11,597			594,544
Other working capital accounts		64,479			(1,447	)		63,032
Changes in provisions for estimated losses		39,822			496			40,318
Changes in other regulatory assets		(454,458	)		(55,607	)		(510,065	)
Changes in pensions and other postretirement liabilities		333,381			34,001			367,382
Other		(502,837	)		(11,087	)		(513,924	)
Net cash flow provided by operating activities		3,447,839			93,828			3,541,667
INVESTING ACTIVITIES:
Construction / capital expenditures		(1,633,268	)		(80,792	)		(1,714,060	)
Allowance for equity funds used during construction		39,894			3,078			42,972
Nuclear fuel purchases		(326,248	)		-			(326,248	)
Proceeds from sale / leaseback of nuclear fuel		135,190			-			135,190
Proceeds from sale of assets and businesses		77,159			-			77,159
Payment for purchase of plant		(88,199	)		-			(88,199	)
Insurance proceeds received for property damages		18,828			4,664			23,492
Decrease in other investments		(6,353	)		(36,458	)		(42,811	)
Proceeds from nuclear decommissioning trust fund sales		777,584			-			777,584
Investment in nuclear decommissioning trust funds		(884,123	)		-			(884,123	)
Other regulatory investments		(38,037	)		-			(38,037	)
Net cash flow used in investing activities		(1,927,573	)		(109,508	)		(2,037,081	)
FINANCING ACTIVITIES:
Proceeds from the issuance of:
Long-term debt		1,837,713			(6	)		1,837,707
Preferred equity		73,354			-			73,354
Common stock and treasury stock		70,455			-			70,455
Retirement of long-term debt		(1,804,373	)		-			(1,804,373	)
Repurchase of common stock		(584,193	)		-			(584,193	)
Redemption of preferred stock		(183,881	)		-			(183,881	)
Changes in credit borrowings – net		(15,000	)		(15,000	)		(30,000	)
Dividends paid:								-
Common stock		(448,954	)		-			(448,954	)
Preferred equity		(28,848	)		(277	)		(29,125	)
Net cash flow used in financing activities		(1,083,727	)		(15,283	)		(1,099,010	)
Effect of exchange rates on cash and cash equivalents		(3,207	)		-			(3,207	)
Net increase (decrease) in cash and cash equivalents		433,332			(30,963	)		402,369
Cash and cash equivalents at beginning of period		582,820			48,056			630,876
Cash and cash equivalents at end of period	$	1,016,152		$	17,093		$	1,033,245
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid (received) during the period for:
Interest – net of amount capitalized	$	514,189		$	-		$	514,189
Income taxes	$	(147,435	)	$	(57,193	)	$	(204,628	)

*Adjustment to reflect reconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

Certain prior year data has been reclassified to conform with current year presentation.

60

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Jurisdictional Split of Entergy Gulf States, Inc.) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP 2007 PRO FORMA INCOME STATEMENT In thousands, for the year ended December 31, 2007.	ENTERGY GULF STATES LOUISIANA GAAP			ADJUSTMENT*			ENTERGY GULF STATES LOUISIANA PRO FORMA
OPERATING REVENUES:
Electric		$ 3,448,008			$(1,238,442)			$ 2,209,566
Natural gas		86,604			-			86,604
Total		3,534,612			(1,238,442	)		2,296,170
OPERATING EXPENSES:
Operating and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		867,081			(546,413	)		320,668
Purchased power		1,339,986			(232,938	)		1,107,048
Nuclear refueling outage expenses		12,212			-			12,212
Other operation and maintenance		548,999			(179,119	)		369,880
Decommissioning		11,728			(173	)		11,555
Taxes other than income taxes		132,489			(50,615	)		81,874
Depreciation and amortization		208,648			(68,172	)		140,476
Other regulatory charges (credits) – net		29,923			(16,808	)		13,115
Total		3,151,066			(1,094,238	)		2,056,828
OPERATING INCOME		383,546			(144,204	)		239,342
OTHER INCOME:
Allowance for equity funds used during construction		11,666			(3,295	)		8,371
Interest and dividend income		75,425			28,715			104,140
Miscellaneous – net		1,724			600			2,324
Total		88,815			26,020			114,835
INTEREST AND OTHER CHARGES:
Interest on long-term debt		149,464			(14,231	)		135,233
Other interest – net		13,945			(10,907	)		3,038
Allowance for borrowed funds used during construction		(7,528	)		2,126			(5,402	)
Total		155,881			(23,012	)		132,869
INCOME BEFORE INCOME TAXES		316,480			(95,172	)		221,308
Income taxes		123,701			(36,249	)		87,452
NET INCOME		192,779			(58,923	)		133,856
Preferred distribution requirements and other		3,968			-			3,968
EARNINGS APPLICABLE TO COMMON EQUITY		$   188,811			$    (58,923)			$   129,888

*Adjustment to reflect as if the transactions implementing the Entergy Gulf States, Inc. jurisdictional split had occurred as of January 1, 2007.

61

REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010			2009			2008			2007			2006(a)
As-Reported Net Income (A)		1,250			1,231			1,221			1,135			1,133
Preferred dividends		20			20			20			25			28
Tax-effected interest expense		354			351			374			392			339
As-Reported Net Income including preferred dividends and tax-effected interest expense (B)		1,624			1,602			1,615			1,552			1,499
Special items (C)		(82	)		(71	)		(55	)		(32	)		135
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		1,706			1,673			1,670			1,584			1,364
Operational earnings (A-C)		1,332			1,302			1,276			1,167			998
Average invested capital (D)		20,781			20,748			19,927			18,721			17,688
Average common equity (E)		8,555			8,290			7,915			8,030			7,970
Operating revenues (F)		11,488			10,746			13,094			11,484			10,932
Gross debt (G)		11,816			12,014			12,279			11,123			9,356
Less securitization debt (H)		931			838			310			330			—
Gross debt, excluding securitization debt (G-H)		10,885			11,176			11,969			10,793			9,356
Less cash and cash equivalents (I)		1,294			1,710			1,920			1,254			1,016
Net debt, excluding securitization debt (G-H-I)		9,591			9,466			10,049			9,539			8,340
Total capitalization (J)		20,623			20,939			20,557			19,297			17,899
Less securitization debt (K)		931			838			310			330			—
Total capitalization, excluding securitization debt (J-K)		19,692			20,101			20,247			18,967			17,899
Less cash and cash equivalents (L)		1,294			1,710			1,920			1,254			1,016
Net capitalization, excluding securitization debt (J-K-L)		18,398			18,391			18,327			17,713			16,883
Off-balance sheet liabilities (M)		653			646			574			658			665
Revolver capacity (N)		2,354			1,464			645			1,730			2,770
Gross liquidity (I+N)		3,648			3,174			2,565			2,984			3,786
($ per share)
As-Reported earnings per share (O)		6.66			6.30			6.20			5.60			5.36
Operational earnings per share (P)		7.10			6.67			6.51			5.76			4.72
Common dividend paid per share (Q)		3.24			3.00			3.00			2.58			2.16
Year-end closing market price per share of common stock (R)		70.83			81.84			83.13			119.52			92.32
(%)
Return on average invested capital – As-Reported (B/D)		7.8			7.7			8.1			8.3			8.5
Return on average invested capital – Operational ((B-C)/D)		8.2			8.1			8.4			8.5			7.7
Return on average common equity – As-Reported (A/E)		14.6			14.9			15.4			14.1			14.2
Return on average common equity – Operational ((A-C)/E)		15.6			15.7			16.1			14.5			12.5
Net margin – As-Reported (A/F)		10.9			11.5			9.3			9.9			10.4
Net margin – Operational ((A-C)/F)		11.6			12.1			9.7			10.2			9.1
Debt to capital ratio (G/J)		57.3			57.4			59.7			57.6			52.3
Debt to capital ratio, excluding securitization debt ((G-H)/(J-K))		55.3			55.6			59.1			56.9			52.3
Net debt to net capital ratio, excluding securitization debt ((G-H-I)/(J-K-L))		52.1			51.5			54.8			53.9			49.4
Net debt to net capital ratio including off-balance sheet liabilities, excluding securitization debt ((G-H-I+M)/(J-K-L+M))		53.8			53.1			56.2			55.5			51.3
Common dividend payout ratio – As-Reported (Q/O)		49			48			48			46			40
Common dividend payout ratio – Operational (Q/P)		46			45			46			45			46
(ratio)
Price to earnings ratio – As-Reported (R/O)		10.64			12.99			13.41			21.34			17.24
Price to earnings ratio – Operational (R/P)		9.98			12.27			12.77			20.75			19.56

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Calculations may differ due to rounding.

62

REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

1Q09-4Q10

($ millions)	1Q10			2Q10			3Q10			4Q10			1Q09			2Q09			3Q09			4Q09
For the quarter:
As-Reported Net Income (A)		213.8			315.3			492.9			228.3			235.3			226.8			455.2			313.8
Less special items (B)		(39.9	)		(10.5	)		(25.2	)		(6.7	)		(17.2	)		(17.2	)		(15.5	)		(21.1	)
Operational earnings (A-B)		253.7			325.7			518.1			235.0			252.5			244.0			470.7			334.9
As-Reported Net Income rolling 12 months (C)		1,210			1,298			1,336			1,250			1,147			1,103			1,088			1,231
Preferred dividends		20			20			20			20			20			20			20			20
Tax-effected interest expense		372			368			358			354			366			368			361			351
As-Reported Net Income, rolling 12 months including preferred dividends and tax-effected interest expense (D)		1,602			1,686			1,714			1,624			1,533			1,491			1,469			1,602
Special items in prior quarters		(53	)		(76	)		(71	)		(75	)		(55	)		(54	)		(54	)		(49	)
Special items in current quarter
Parent & Other
Non-utility nuclear spin-off expenses		14			4			-			-			(11	)		(2	)		(5	)		(9	)
Entergy Wholesale Commodities
Non-utility nuclear spin-off dis-synergies		(54	)		(15	)		(25	)		(7	)		(7	)		(15	)		(10	)		(12	)
Total special items (E)		(94	)		(87	)		(96	)		(82	)		(72	)		(71	)		(69	)		(71	)
Operational earnings, rolling 12 months including preferred dividends and tax-effected interest expense (D-E)		1,697			1,773			1,810			1,706			1,605			1,562			1,538			1,673
Operational earnings, rolling 12 months (C-E)		1,305			1,385			1,432			1,332			1,219			1,174			1,157			1,302
Average invested capital (F)		21,149			20,761			20,802			20,781			20,126			19,995			20,629			20,748
Average common equity (G)		8,745			8,769			8,608			8,555			8,152			8,045			8,230			8,290
Operating revenues, rolling 12 months (H)		10,716			11,058			11,453			11,488			13,018			12,275			11,248			10,746
Gross debt (I)		12,152			11,853			12,247			11,816			12,034			11,510			11,522			12,014
Less securitization debt (J)		838			829			940			931			310			301			301			838
Gross debt, excluding securitization debt (I-J)		11,314			11,024			11,307			10,885			11,724			11,209			11,221			11,176
Less cash and cash equivalents (K)		1,657			1,336			1,931			1,294			1,803			1,281			1,131			1,710
Net debt, excluding securitization debt (I-J-K)		9,657			9,688			9,376			9,591			9,921			9,928			10,090			9,466
Total capitalization (L)		21,322			20,935			21,290			20,623			20,975			20,588			20,315			20,939
Less securitization debt (M)		838			829			940			931			310			301			301			838
Total capitalization, excluding securitization debt (L-M)		20,484			20,106			20,350			19,692			20,665			20,287			20,014			20,101
Less cash and cash equivalents (N)		1,657			1,336			1,931			1,294			1,803			1,281			1,131			1,710
Net capitalization, excluding securitization debt (L-M-N)		18,827			18,770			18,419			18,398			18,862			19,006			18,883			18,391
Off-balance sheet liabilities (O)		644			641			638			653			573			569			567			646
Revolver capacity (P)		1,417			1,338			2,216			2,354			725			1,585			1,647			1,464
Gross liquidity (K+P)		3,074			2,674			4,147			3,648			2,528			2,866			2,778			3,174
(%)
Return on average invested capital – As-Reported (D/F)		7.6			8.1			8.2			7.8			7.6			7.5			7.1			7.7
Return on average invested capital – Operational ((D-E)/F)		8.0			8.5			8.7			8.2			8.0			7.8			7.5			8.1
Return on average common equity – As-Reported (C/G)		13.8			14.8			15.5			14.6			14.1			13.7			13.2			14.9
Return on average common equity – Operational ((C-E)/G)		14.9			15.8			16.6			15.6			15.0			14.6			14.1			15.7
Net margin – As-Reported (C/H)		11.3			11.7			11.7			10.9			8.8			9.0			9.7			11.5
Net margin – Operational ((C-E)/H)		12.2			12.5			12.5			11.6			9.4			9.6			10.3			12.1
Debt to capital ratio (I/L)		57.0			56.6			57.5			57.3			57.4			55.9			56.7			57.4
Debt to capital ratio, excluding securitization debt ((I-J)/(L-M))		55.2			54.8			55.6			55.3			56.7			55.3			56.1			55.6
Net debt to net capital ratio, excluding securitization debt ((I-J-K)/(L-M-N))		51.3			51.6			50.9			52.1			52.6			52.2			53.4			51.5
Net debt to net capital including off-balance sheet liabilities, excluding securitization debt ((I-J-K+O)/(L-M-N+O))		52.9			53.2			52.5			53.8			54.0			53.6			54.8			53.1

Calculations may differ due to rounding.

63

REG G RECONCILIATIONS

UTILITY FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010	2009	2008	2007		2006	(a)
As-Reported Net Income (A)	812.4	691.6	587.8	682.7		691.2
Preferred dividends	17.3	17.3	17.3	21.7		24.4
Tax-effected interest expense	303.4	284.3	261.6	259.8		246.8
As-Reported Net Income including preferred dividends and tax-effected interest expense (B)	1,133.2	993.3	866.7	964.2		962.3
Utility special items
Nuclear alignment	-	-	-	(13.7	)	-
ENOI Results	-	-	-	-		4.1
Total special items (C)	-	-	-	(13.7	)	4.1
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	1,133.2	993.3	866.7	977.9		958.2
Operational earnings (A-C)	812.4	691.6	587.8	696.4		687.1
Average invested capital (D)	16,412	15,580	14,441	13,903		13,254
Average common equity (E)	7,109	6,828	6,618	6,440		6,132
Gross debt (F)	8,937	9,107	7,836	7,249		6,786
Less securitization debt (G)	931	838	310	330		-
Gross debt, excluding securitization debt (F-G)	8,006	8,269	7,526	6,919		6,786
Less cash and cash equivalents (H)	822	1,239	566	801		564
Net debt, excluding securitization debt (F-G-H)	7,185	7,030	6,960	6,118		6,222
Total capitalization (I)	16,457	16,367	14,794	14,088		13,266
Less securitization debt (J)	931	838	310	330		-
Total capitalization, excluding securitization debt (I-J)	15,526	15,529	14,484	13,758		13,266
Less cash and cash equivalents (K)	822	1,239	566	801		564
Net capitalization, excluding securitization debt (I-J-K)	14,704	14,290	13,918	12,957		12,702
(%)
Return on average invested capital – As-Reported (B/D)	6.9	6.4	6.0	6.9		7.2
Return on average invested capital – Operational ((B-C)/D)	6.9	6.4	6.0	7.0		7.2
Return on average common equity – As-Reported (A/E)	11.4	10.1	8.9	10.6		11.3
Return on average common equity – Operational ((A-C)/E)	11.4	10.1	8.9	10.8		11.2
Debt to capital ratio (F/I)	54.3	55.6	53.0	51.5		51.3
Debt to capital ratio, excluding securitization debt ((F-G)/(I-J))	51.6	53.2	52.0	50.3		51.3
Net debt to net capital ratio, excluding securitization debt ((F-G-H)/(I-J-K))	48.9	49.2	50.0	47.2		49.1

(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Calculations may differ due to rounding.

64

REG G RECONCILIATIONS

UTILITY FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

1Q09-4Q10

($ millions)	1Q10	2Q10	3Q10	4Q10	1Q09	2Q09	3Q09	4Q09
As-Reported Net Income (A)	138.6	225.8	333.6	114.3	111.6	147.2	294.8	137.9
Less special items (B)	-	-	-	-	-	-	-	-
Operational earnings (A-B)	138.6	225.8	333.6	114.3	111.6	147.2	294.8	137.9
As-Reported Net Income-rolling 12 months (C)	718.6	797.2	836.0	812.4	582.3	569.9	606.8	691.6
Preferred dividends	17.3	17.3	17.3	17.3	17.3	17.3	17.3	17.3
Tax-effected interest expense	294.2	304.0	303.6	303.4	265.0	273.7	278.7	284.3
As-Reported Net Income, rolling 12 months including preferred dividends and tax-effected interest expense (D)	1,030.1	1,118.5	1,157.0	1,133.2	864.6	860.9	902.8	993.3
Special items in prior quarters	-	-	-	-	-	-	-	-
Special items in current quarter	-	-	-	-	-	-	-	-
Total special items (E)	-	-	-	-	-	-	-	-
Operational earnings, rolling 12 months including preferred dividends and tax-effected interest expense (D-E)	1,030.1	1,118.5	1,157.0	1,133.2	864.6	860.9	902.8	993.3
Operational earnings, rolling 12 months (C-E)	718.6	797.2	836.0	812.4	582.3	569.9	606.8	691.6
Average invested capital (F)	15,730	15,858	16,040	16,412	14,500	14,835	15,391	15,580
Average common equity (G)	6,880	6,977	7,080	7,109	6,609	6,718	6,931	6,828
Gross debt (H)	9,197	8,984	9,071	8,937	7,943	8,216	8,289	9,107
Less securitization debt (I)	838	829	940	931	310	301	301	838
Gross debt, excluding securitization debt (H-I)	8,358	8,155	8,131	8,006	7,633	7,915	7,988	8,269
Less cash and cash equivalents (J)	1,039	990	1,055	822	490	621	881	1,239
Net debt, excluding securitization debt (H-I-J)	7,320	7,166	7,075	7,185	7,143	7,294	7,107	7,030
Total capitalization (K)	16,481	16,360	16,481	16,457	14,980	15,355	15,599	16,367
Less securitization debt (L)	838	829	940	931	310	301	301	838
Total capitalization, excluding securitization debt (K-L)	15,642	15,531	15,541	15,526	14,670	15,054	15,298	15,529
Less cash and cash equivalents (M)	1,039	990	1,055	822	490	621	881	1,239
Net capitalization, excluding securitization debt (K-L-M)	14,603	14,542	14,486	14,704	14,180	14,433	14,417	14,290
(%)
Return on average invested capital –
As-Reported (D/F)	6.5	7.1	7.2	6.9	6.0	5.8	5.9	6.4
Return on average invested capital –
Operational ((D-E)/F)	6.5	7.1	7.2	6.9	6.0	5.8	5.9	6.4
Return on average common equity –
As-Reported (C/G)	10.4	11.4	11.8	11.4	8.8	8.5	8.8	10.1
Return on average common equity –
Operational ((C-E)/G)	10.4	11.4	11.8	11.4	8.8	8.5	8.8	10.1
Debt to capital ratio (H/K)	55.8	54.9	55.0	54.3	53.0	53.5	53.1	55.6
Debt to capital ratio, excluding securitization debt ((H-I)/(K-L))	53.4	52.5	52.3	51.6	52.0	52.6	52.2	53.2
Net debt to net capital ratio, excluding securitization debt ((H-I-J)/(K-L-M))	50.1	49.3	48.8	48.9	50.4	50.5	49.3	49.2

Calculations may differ due to rounding.

65

REG G RECONCILIATIONS

ENTERGY ARKANSAS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010		2009		2008		2007			2006
As-Reported Earnings (A)		165.7		60.0		40.3		132.2			165.6
Preferred dividends		6.9		6.9		6.9		6.9			7.6
Tax-effected interest expense		54.9		54.9		52.0		53.4			50.8
As-Reported Earnings including preferred dividends and tax-effected interest expense (B)		227.6		121.8		99.2		192.5			224.0
Special items
Nuclear Alignment		-		-		-		(5.9	)		-
Total special items (C)		-		-		-		(5.9	)		-
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		227.6		121.8		99.2		198.4			224.0
Operational earnings (A-C)		165.7		60.0		40.3		138.1			165.6
Average invested capital (D)		3,385		3,291		3,102		2,965			2,967
Average invested capital, excluding securitization (E)		3,323		3,291		3,102		2,965			2,967
Average common equity (F)		1,408		1,406		1,392		1,409			1,432
Gross debt (G)		1,928		1,793		1,745		1,442			1,436
Less securitization debt (H)		124		-		-		-			-
Gross debt, excluding securitization debt (G-H)		1,804		1,793		1,745		1,442			1,436
Less cash and cash equivalents (I)		106		86		40		0.2			35
Net debt, excluding securitization debt (G-H-I)		1,698		1,707		1,705		1,441			1,401
Total capitalization (J)		3,448		3,321		3,261		2,942			2,987
Less securitization debt (K)		124		-		-		-			-
Total capitalization, excluding securitization debt (J-K)		3,324		3,321		3,261		2,942			2,987
Less cash and cash equivalents (L)		106		86		40		0.2			35
Net capitalization, excluding securitization debt (J-K-L)		3,218		3,235		3,221		2,942			2,952
(%)
Return on average invested capital – As-Reported (B/D)		6.7		3.7		3.2		6.5			7.6
Return on average invested capital – Operational ((B-C)/E)		6.8		3.7		3.2		6.7			7.6
Return on average common equity – As-Reported (A/F)		11.8		4.3		2.9		9.4			11.6
Return on average common equity – Operational ((A-C)/F)		11.8		4.3		2.9		9.8			11.6
Debt to capital ratio (G/J)		55.9		54.0		53.5		49.0			48.1
Debt to capital ratio, excluding securitization debt ((G-H)/(J-K))		54.3		54.0		53.5		49.0			48.1
Net debt to net capital ratio, excluding securitization debt ((G-H-I)/(J-K-L))		52.8		52.8		52.9		49.0			47.5

ENTERGY GULF STATES FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006

($ millions)	2006
As-Reported Earnings (A)		208.0
Preferred dividends		4.0
Tax-effected interest expense		88.0
As-Reported Earnings including preferred dividends and tax-effected interest expense (B)		300.0
Special items
		-
Total special items (C)		-
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		300.0
Operational earnings (A-C)		208.0
Average invested capital (D)		4,699
Average common equity (E)		2,217
Gross debt (F)		2,442
Less cash and cash equivalents (G)		180
Net debt (F-G)		2,262
Total capitalization (H)		4,695
Less cash and cash equivalents (I)		180
Net capitalization (H-I)		4,515
(%)
Return on average invested capital – As-Reported (B/D)		6.4
Return on average invested capital – Operational ((B-C)/D)		6.4
Return on average common equity – As-Reported (A/E)		9.4
Return on average common equity – Operational ((A-C)/E)		9.4
Debt to capital ratio (F/H)		52.0
Net debt to net capital ratio ((F-G)/(H-I))		50.1
Calculations may differ due to rounding.

66

REG G RECONCILIATIONS

ENTERGY GULF STATES LOUISIANA FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2007-2010

($ millions)	2010		2009		2008		2007		2006
As-Reported Earnings (A)		189.9		152.2		143.9		129.9(a)	REFER TO PAGE 66
Preferred dividends		0.8		0.8		0.8		4.0(a)
Tax-effected interest expense		60.2		70.7		78.1		81.8(a)
As-Reported Earnings including preferred dividends and tax-effected interest expense (B)		251.0		223.8		222.8		215.7
Special items
Nuclear Alignment		-		-		-		(3.6)
Total special items (C)		-		-		-		(3.6)
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		251.0		223.8		222.8		219.3
Operational earnings (A-C)		189.9		152.2		143.9		133.5
Average invested capital (D)		3,159		3,372		3,640		3,186
Average invested capital, excluding assumption debt (E)		3,075		2,904		2,715		2,646
Average common equity (F)		1,465		1,377		1,306		1,254(b)
Gross debt (G)		1,584		1,783		2,188		2,460
Less assumption debt (H)		-		168		770		1,079
Gross debt, excluding assumption debt (G-H)		1,584		1,615		1,418		1,381
Less cash and cash equivalents (I)		155		144		49		108
Net debt, excluding assumption debt (G-H-I)		1,429		1,471		1,369		1,273
Total capitalization (J)		3,094		3,225		3,520		3,760
Less assumption debt (K)		-		168		770		1,079
Total capitalization, excluding assumption debt (J-K)		3,094		3,057		2,750		2,681
Less cash and cash equivalents (L)		155		144		49		108
Net capitalization, excluding assumption debt (J-K-L)		2,938		2,913		2,701		2,573
(%)
Return on average invested capital – As-Reported (B/D)		7.9		6.6		6.1		6.8
Return on average invested capital – Operational ((B-C)/E)		8.2		7.7		8.2		8.3
Return on average common equity – As-Reported (A/F)		13.0		11.1		11.0		10.4
Return on average common equity – Operational ((A-C)/F)		13.0		11.1		11.0		10.6
Debt to capital ratio (G/J)		51.2		55.3		62.2		65.4
Debt to capital ratio, excluding assumption debt ((G-H)/(J-K))		51.2		52.8		51.6		51.5
Net debt to net capital ratio, excluding assumption debt ((G-H-I)/(J-K-L))		48.6		50.5		50.7		49.5

ENTERGY TEXAS – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2007-2010

($ millions)	2010		2009		2008		2007		2006
As-Reported Net Income (A)		66.2		63.8		57.9		58.9	REFER TO PAGE 66
Preferred dividends		-		-		-		-
Tax-effected interest expense		56.5		63.9		48.0		51.2
As-Reported Net Income including preferred dividends and tax-effected interest expense (B)		122.7		127.7		105.9		110.1
Special items		-		-		-		-
Total special items (C)		-		-		-		-
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		122.7		127.7		105.9		110.1
Operational earnings (A-C)		66.2		63.8		57.9		58.9
Average invested capital (D)		2,493		2,374		2,331		2,245
Average invested capital, excluding securitization and equity infusion from parent (E)		1,670		1,799		1,936		1,931
Average common equity (F)		834		872		952		996
Average common equity, excluding equity infusion from parent returned beginning of 08 (G)		834		872		877		846
Gross debt (H)		1,659		1,658		1,345		1,413
Less securitization debt (I)		807		838		310		330
Gross debt, excluding securitization debt (H-I)		852		820		1,035		1,083
Less cash and cash equivalents (J)		35		201		2		297
Net debt, excluding securitization debt (H-I-J)		817		619		1,033		786
Total capitalization (K)		2,484		2,503		2,245		2,417
Less securitization debt (L)		807		838		310		330
Less equity infusion from parent returned beginning of 08 (M)		-		-		-		150
Total capitalization, excluding securitization and equity infusion from parent (K-L-M)		1,676		1,664		1,935		1,937
Less cash and cash equivalents (N)		35		201		2		297
Net capitalization, excluding securitization and equity infusion from parent (K-L-M-N)		1,641		1,463		1,933		1,640
(%)
Return on average invested capital – As-Reported (B/D)		4.9		5.4		4.5		4.9
Return on average invested capital – Operational ((B-C)/E)		7.3		7.1		5.5		5.7
Return on average common equity – As-Reported (A/F)		7.9		7.3		6.1		5.9
Return on average common equity – Operational ((A-C)/G)		7.9		7.3		6.6		7.0
Debt to capital ratio (H/K)		66.8		66.3		59.9		58.5
Debt to capital ratio, excluding securitization and equity infusion from parent ((H-I)/(K-L-M))		50.8		49.3		53.5		55.9
Net debt to net capital ratio, excluding securitization and equity infusion from parent ((H-I-J)/(K-L-M-N))		49.8		42.3		53.4		47.9

(a) See page 61 for the Pro Forma EGSL Income Statement.

(b) See page 68 for the Pro Forma EGSL Average Common Equity.

Calculations may differ due to rounding.

67

REG G RECONCILIATIONS

ENTERGY GULF STATES AND ENTERGY TEXAS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

EGSL PRO FORMA AVERAGE COMMON EQUITY 2007 ($ millions)	(D) EGSI 2006 PER 10-K			(E) ADJUSTMENTS			(D-E) EGSL 2006 PRO FORMA
Shareholders Equity:
Preferred membership interests without sinking fund (A)		47			(1	)		48
Members’ equity		2,225			988			1,238
Accumulated other comprehensive loss		(20	)		-			(20	)
Total Equity (B)		2,253			987			1,266
2006 Pro Forma Total Common Equity (B–A)								1,218
2007 Total Common Equity (C)								1,290
2007 Average Common Equity ((C)+(B–A))/2								1,254

EGSL / ETI AVERAGE INVESTED CAPITAL AND RETURN ON AVERAGE INVESTED CAPITAL	2007 PRO FORMA
($ millions)	ETI		EGSL
As-Reported Net Income (A)		58.9		129.9	(a)
Preferred dividends		-		4.0	(a)
Tax-effected interest expense		51.2		81.8	(a)
As-Reported Net Income including preferred dividends and tax-effected interest expense (B)		110.1		215.7
Total Special Items (C)		-		(3.6	)
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		110.1		219.3
Average Invested Capital (D)		2,245		3,186
Less Average Securitization Debt (E)		165		-
Less Average Equity Infusion from Parent (F)		150		-
Less Average Assumption Debt (G)		-		540
Adjusted Average Invested Capital (D-E-F-G)		1,931		2,646
ROIC – As-Reported (B/D)		4.9%		6.8%
ROIC – Operational ((B-C)/(D-E-F-G)		5.7%		8.3%

ETI AVERAGE COMMON EQUITY AND RETURN ON AVERAGE COMMON EQUITY
($ millions)	2008			2007 PRO FORMA
As-Reported Net Income (A)		57.9			58.9
Total Special Items (B)		-			-
Operational Earnings (A–B)		57.9			58.9
Average Common Equity (C)		952.2			996.1
Less Average Equity Infusion from Parent		75.0			150.0
Adjusted Average Common Equity (D)		877.2			846.1
ROE – As-Reported (A/C)		6.1	%		5.9%
ROE – Operational ((A–B)/D)		6.6	%		7.0%

EGSL / ETI DEBT TO CAPITAL RATIO	2007 PRO FORMA
($ millions)	ETI		EGSL
Currently maturing long-term debt		309		675
Notes Payable		-		-
Obligations under capital leases – current		-		29
Obligations under capital leases – non-current		-		82
Long-term debt		1,104		1,674
Total debt before adjustments (A)		1,413		2,460
Less debt assumption by ETI (EGSL) (B)		-		1,079
Less securitization debt (ETI) (C)		330		-
Adjusted total debt (A-B-C)		1,083		1,381
Shareholders’ equity (D)		1,004		1,290
Less return of parent equity infusion in beginning of 08		150		-
Adjusted Common Equity (E)		854		1,290
Preferred membership interests without sinking fund (F)		-		10
Adjusted total capital (A-B-C)+(E+F)		1,937		2,681
Adjusted Debt / Capital Ratio (A-B-C)/((A-B-C)+(E+F))		55.9%		51.5%

EGSL / ETI NET DEBT TO NET CAPITAL RATIO	2007 PRO FORMA
($ millions)	ETI		EGSL
Currently maturing long-term debt		309		675
Notes Payable		-		-
Obligations under capital leases – current		-		29
Obligations under capital leases – non-current		-		82
Long-term debt		1,104		1,674
Total debt before adjustments (A)		1,413		2,460
Less debt assumption by ETI (EGSL) (B)		-		1,079
Less securitization debt (ETI) (C)		330		-
Adjusted total debt (A-B-C)		1,083		1,381
Less cash and cash equivalents (D)		297		108
Net Debt (A-B-C-D)		786		1,273
Shareholders’ equity (E)		1,004		1,290
Less return of parent equity infusion in beginning of 08		150		-
Adjusted Common Equity (F)		854		1,290
Preferred membership interests without sinking fund (G)		-		10
Adjusted total capital (A-B-C)+(F+G)		1,937		2,681
Less cash and cash equivalents (D)		297		108
Net Capitalization (A-B-C)+(F+G)-(D)		1,640		2,573
Adjusted Net Debt / Net Capital Ratio (A-B-C-D)/((A-B-C)+(F+G)-(D))		47.9%		49.5%

(a) See page 61 for the Pro Forma EGSL Income Statement.

Calculations may differ due to rounding.

68

REG G RECONCILIATIONS

ENTERGY GULF STATES AND ENTERGY TEXAS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES (continued)

EGSL PRO FORMA CASH FLOW INTEREST COVERAGE

2007

	(A)			(B)			(A-B)
	EGSL(a)			ETI			EGSL
($ thousands)	PER 2007 10-K			PER FORM 10			PRO FORMA
Net Income		192,779			58,921			133,858
Adjustments to reconcile net income to net cash flow provided by operating activities:
Reserve for regulatory adjustments		363			(363	)		726
Other regulatory charges (credits) – net		29,923			16,808			13,115
Depreciation, amortization, and decommissioning		220,376			68,345			152,031
Deferred income taxes, investment tax credits, and non-current taxes accrued		98,734			218,873			(120,139	)
Changes in working capital:
Receivables		(261,538	)		(230,481	)		(31,057	)
Fuel inventory		(18,377	)		(10,939	)		(7,438	)
Accounts payable		38,685			(1,328	)		40,013
Taxes accrued		(27,781	)		4,936			(32,717	)
Interest accrued		22,963			10,030			12,933
Deferred fuel costs		35,363			21,619			13,744
Other working capital accounts		197,802			86,598			111,204
Provision for estimated losses and reserves		(91,241	)		(568	)		(90,673	)
Changes in other regulatory assets		116,317			(21,038	)		137,355
Other		6,372			(45,422	)		51,794
Net Cash Flow from Operating Activities		560,740			175,991			384,749
EGSL Pro Forma Net Cash Flow from Operating Activities					(C	)		384,749
Cash Paid During Period for Interest – net of amount capitalized					(D	)		131,280
Operating Cash Flow before Interest Payments					(C+D	)		516,029
Interest and Other Charges					(E	)		132,869	(a)
Pro Forma Cash Flow Interest Coverage					((C+D)/E	)		3.9

(a) Entergy Gulf States Louisiana, L.L.C. (EGSL) is the successor for financial reporting purposes to Entergy Gulf States, Inc. EGSL’s Cash Flow Statement for the year ended 2007 includes the operations of Entergy Texas, Inc.

ENTERGY LOUISIANA FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010		2009		2008		2007			2006
As-Reported Earnings (A)		224.5		225.9		150.6		136.4			130.7
Preferred dividends		7.0		7.0		7.0		7.0			7.0
Tax-effected interest expense		62.5		52.7		51.1		48.2			50.5
As-Reported Earnings including preferred dividends and tax-effected interest expense (B)		294.0		285.6		208.7		191.5			188.2
Special items
Nuclear alignment		-		-		-		(2.2	)		-
Total special items (C)		-		-		-		(2.2	)		-
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		294.0		285.6		208.7		193.7			188.2
Operational earnings (A-C)		224.5		225.9		150.6		138.6			130.7
Average invested capital (D)		3,890		3,491		2,958		2,697			2,562
Average members’ equity (E)		1,924		1,710		1,531		1,386			1,212
Gross debt (F)		1,830		1,902		1,462		1,192			1,230
Less cash and cash equivalents (G)		123		152		139		0.3			3
Net debt (F-G)		1,707		1,750		1,323		1,192			1,227
Total capitalization (H)		3,967		3,813		3,170		2,746			2,648
Less cash and cash equivalents (I)		123		152		139		0.3			3
Net capitalization (H-I)		3,844		3,662		3,031		2,745			2,645
(%)
Return on average invested capital – As-Reported (B/D)		7.6		8.2		7.1		7.1			7.3
Return on average invested capital – Operational ((B-C)/D)		7.6		8.2		7.1		7.2			7.3
Return on average members’ equity – As-Reported (A/E)		11.7		13.2		9.8		9.8			10.8
Return on average members’ equity – Operational ((A-C)/E)		11.7		13.2		9.8		10.0			10.8
Debt to capital ratio (F/H)		46.1		49.9		46.1		43.4			46.4
Net debt to net capital ratio ((F-G)/(H-I))		44.4		47.8		43.6		43.4			46.4

Calculations may differ due to rounding.

69

REG G RECONCILIATIONS

ENTERGY MISSISSIPPI FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010		2009		2008		2007		2006
As-Reported Earnings (A)		80.9		74.8		56.9		69.3		49.5
Preferred dividends		2.8		2.8		2.8		2.8		2.8
Tax-effected interest expense		32.1		30.5		27.7		27.4		29.9
As-Reported Earnings including preferred dividends and tax-effected interest expense (B)		115.8		108.1		87.4		99.5		82.2
Special items
Total special items (C)		-		-		-		-		-
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		115.8		108.1		87.4		99.5		82.2
Operational earnings (A-C)		80.9		74.8		56.9		69.3		49.5
Average invested capital (D)		1,603		1,505		1,415		1,437		1,391
Average common equity (E)		707		677		661		637		595
Gross debt (F)		839		852		703		704		795
Less cash and cash equivalents (G)		1		91		1		41		73
Net debt (F-G)		837		760		702		664		722
Total capitalization (H)		1,615		1,591		1,419		1,411		1,463
Less cash and cash equivalents (I)		1		91		1		41		73
Net capitalization (H-I)		1,614		1,499		1,418		1,371		1,390
(%)
Return on average invested capital – As-Reported (B/D)		7.2		7.2		6.2		6.9		5.9
Return on average invested capital – Operational ((B-C)/D)		7.2		7.2		6.2		6.9		5.9
Return on average common equity – As-Reported (A/E)		11.4		11.0		8.6		10.9		8.3
Return on average common equity – Operational ((A-C)/E)		11.4		11.0		8.6		10.9		8.3
Debt to capital ratio (F/H)		51.9		53.5		49.6		49.9		54.3
Net debt to net capital ratio ((F-G)/(H-I))		51.9		50.7		49.5		48.4		51.9

ENTERGY NEW ORLEANS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010		2009		2008		2007		2006
As-Reported Earnings (A)		30.0		30.0		34.0		23.5		4.1
Preferred dividends		1.0		1.0		1.0		1.1		1.3
Tax-effected interest expense		7.9		10.4		12.7		12.4		10.4
As-Reported Earnings including preferred dividends and tax-effected interest expense (B)		38.9		41.4		47.7		37.0		15.8
Special items
Total special items (C)		-		-		-		-		-
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		38.9		41.4		47.7		37.0		15.8
Operational earnings (A-C)		30.0		30.0		34.0		23.5		4.1
Average invested capital (D)		440		502		503		478		480
Average common equity (E)		200		210		194		166		152
Gross debt (F)		167		272		273		304		282
Less cash and cash equivalents (G)		55		191		137		92		17
Net debt (F-G)		112		81		136		212		265
Total capitalization (H)		379		501		504		501		456
Less cash and cash equivalents (I)		55		191		137		92		17
Net capitalization (H-I)		324		309		367		409		438
(%)
Return on average invested capital – As-Reported (B/D)		8.9		8.2		9.5		7.7		3.3
Return on average invested capital – Operational ((B-C)/D)		8.9		8.2		9.5		7.7		3.3
Return on average common equity – As-Reported (A/E)		15.0		14.3		17.5		14.2		2.7
Return on average common equity – Operational ((A-C)/E)		15.0		14.3		17.5		14.2		2.7
Debt to capital ratio (F/H)		44.2		54.4		54.1		60.6		61.9
Net debt to net capital ratio ((F-G)/(H-I))		34.7		26.2		37.0		51.8		60.4

Calculations may differ due to rounding.

70

REG G RECONCILIATIONS

SYSTEM ENERGY RESOURCES FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010		2009		2008		2007			2006
As-Reported Net Income (A)		82.6		48.9		91.1		136.1			140.3
Preferred dividends		-		-		-		-			-
Tax-effected interest expense		29.9		26.7		33.9		34.5			36.5
As-Reported Net Income including preferred dividends and tax-effected interest expense (B)		112.5		75.6		125.0		170.6			176.8
Special items
Nuclear Alignment		-		-		-		(1.9	)		-
Total special items (C)		-		-		-		(1.9	)		-
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		112.5		75.6		125.0		172.5			176.8
Operational earnings (A-C)		82.6		48.9		91.1		138.0			140.3
Average invested capital (D)		1,666		1,703		1,750		1,740			1,782
Average common equity (E)		821		843		859		860			876
Gross debt (F)		869		820		899		882			879
Less cash and cash equivalents (G)		264		264		103		105			135
Net debt (F-G)		605		556		796		777			744
Total capitalization (H)		1,681		1,650		1,755		1,744			1,736
Less cash and cash equivalents (I)		264		264		103		105			135
Net capitalization (H-I)		1,417		1,386		1,652		1,639			1,601
(%)
Return on average invested capital – As-Reported (B/D)		6.8		4.4		7.1		9.8			9.9
Return on average invested capital – Operational ((B-C)/D)		6.8		4.4		7.1		9.9			9.9
Return on average common equity – As-Reported (A/E)		10.1		5.8		10.6		15.8			16.0
Return on average common equity – Operational ((A-C)/E)		10.1		5.8		10.6		16.0			16.0
Debt to capital ratio (F/H)		51.7		49.7		51.2		50.6			50.6
Net debt to net capital ratio ((F-G)/(H-I))		42.7		40.1		48.2		47.4			46.4

ENTERGY WHOLESALE COMMODITIES FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2006-2010

($ millions)	2010			2009			2008		2007			2006
As-Reported Net Income (A)		486.7			638.5			795.6		583.2			331.2
Preferred dividends		2.7			2.6			2.7		3.4			3.5
Tax-effected interest expense		44.2			48.2			62.0		48.6			66.6
As-Reported Net Income including preferred dividends and tax-effected interest expense (B)		533.6			689.3			860.2		635.2			401.3
Special items
Nuclear alignment		-			-			-		(18.4	)		-
Non-utility nuclear spin-off expenses		(100.7	)		(44.0	)		-		-			-
Entergy-Koch, LP gain													55.0
Non-Nuclear Wholesale Assets write-off of tax capital losses													(27.7	)
Total special items (C)		(100.7	)		(44.0	)		-		(18.4	)		27.3
Operational earnings including preferred dividends and tax-effected interest expense (B-C)		634.3			733.3			860.2		653.6			374.0
Operational earnings (A-C)		587.4			682.5			795.6		601.6			303.9
Average invested capital (D)		5,720			5,201			5,023		4,754			4,238
Average common equity (E)		5,197			4,506			4,150		3,549			2,850
Gross debt (F)		306			568			650		924			1,318
Less cash and cash equivalents (G)		454			453			459		458			425
Net debt (F-G)		(148	)		115			191		466			893
Total capitalization (H)		6,022			5,419			4,983		5,062			4,445
Less cash and cash equivalents (I)		454			453			459		458			425
Net capitalization (H-I)		5,568			4,965			4,524		4,604			4,020
(%)
Return on average invested capital – As-Reported (B/D)		9.3			13.3			17.1		13.4			9.5
Return on average invested capital – Operational ((B-C)/D)		11.1			14.1			17.1		13.7			8.8
Return on average common equity – As-Reported (A/E)		9.4			14.2			19.2		16.4			11.6
Return on average common equity – Operational ((A-C)/E)		11.3			15.1			19.2		17.0			10.7
Debt to capital ratio (F/H)		5.1			10.5			13.0		18.3			29.6
Net debt to net capital ratio ((F-G)/(H-I))		(2.7	)		2.3			4.2		10.1			22.2

Calculations may differ due to rounding.

71

REG G RECONCILIATIONS

ENTERGY WHOLESALE COMMODITIES FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

1Q09-4Q10

($ millions)	1Q10			2Q10			3Q10			4Q10			1Q09			2Q09			3Q09			4Q09
For the quarter:
As-Reported Net Income (A)		89.9			103.9			143.0			149.9			170.3			84.6			185.6			197.9
Less special items (B)		(54.3	)		(14.5	)		(25.2	)		(6.7	)		(6.6	)		(15.1	)		(10.3	)		(12.0	)
Operational earnings (A-B)		144.2			118.4			168.2			156.6			176.9			99.7			195.9			209.9
As-Reported Net Income, rolling 12 months (C)		558.0			577.3			534.7			486.7			752.5			694.4			698.5			638.5
Preferred dividends		2.6			2.7			2.7			2.7			2.7			2.7			2.7			2.6
Tax-effected interest expense		67.7			57.6			51.7			44.2			57.1			53.1			48.1			48.2
As-Reported Net Income, rolling
12 months including preferred dividends and tax-effected interest expense (D)		628.3			637.5			589.0			533.6			812.2			750.3			749.3			689.3
Special items in prior quarters		(37.4	)		(76.6	)		(80.8	)		(94.0	)		-			(6.6	)		(21.7	)		(32.0	)
Special items in current quarter		(54.3	)		(14.5	)		(25.2	)		(6.7	)		(6.6	)		(15.1	)		(10.3	)		(12.0	)
Total special items (E)		(91.7	)		(91.1	)		(106.0	)		(100.7	)		(6.6	)		(21.7	)		(32.0	)		(44.0	)
Operational earnings, rolling
12 months including preferred dividends and tax-effected interest expense (D-E)		720.0			728.6			695.0			634.3			818.8			771.9			781.2			733.3
Operational earnings, rolling
12 months (C-E)		649.7			668.4			640.7			587.4			759.1			716.1			730.5			682.5
Average invested capital (F)		5,440			5,433			5,703			5,720			5,113			5,064			5,447			5,201
Average common equity (G)		4,743			4,789			5,148			5,197			4,271			4,238			4,590			4,506
Gross debt (H)		570			475			298			306			652			641			642			568
Less cash and cash equivalents (I)		588			317			363			454			497			559			193			453
Net debt (H-I)		(18	)		158			(65	)		(148	)		154			82			449			115
Total capitalization (J)		5,680			5,603			6,028			6,022			5,200			5,262			5,379			5,419
Less cash and cash equivalents (K)		588			317			363			454			497			559			193			453
Net capital (J-K)		5,092			5,286			5,665			5,568			4,702			4,702			5,186			4,965
(%)
Return on average invested capital –
As-Reported (D/F)		11.5			11.7			10.3			9.3			15.9			14.8			13.8			13.3
Return on average invested capital –
Operational ((D-E)/F)		13.2			13.4			12.2			11.1			16.0			15.2			14.3			14.1
Return on average common equity –
As-Reported (C/G)		11.8			12.1			10.4			9.4			17.6			16.4			15.2			14.2
Return on average common equity –
Operational ((C-E)/G)		13.7			14.0			12.4			11.3			17.8			16.9			15.9			15.1
Debt to capital ratio (H/J)		10.0			8.5			4.9			5.1			12.5			12.2			11.9			10.5
Net debt to net capital ratio ((H-I)/(J-K))		(0.4	)		3.0			(1.2	)		(2.7	)		3.3			1.7			8.7			2.3

Calculations may differ due to rounding.

72

Entergy Corporation

Consolidating Income Statement

Year to Date December 31, 2009

(Dollars in thousands)

(Unaudited)

	Utility			Entergy Wholesale Commodities			Parent & Other			Consolidated
OPERATING REVENUES
Electric	$	7,883,140		$	-		$	(3,124	)	$	7,880,016
Natural gas		172,213			-			-			172,213
Competitive businesses		-			2,711,078			(17,657	)		2,693,421
Total		8,055,353			2,711,078			(20,781	)		10,745,650
OPERATING EXPENSES
Operating and Maintenance:
Fuel, fuel related expenses, and gas purchased for resale		2,026,893			284,191			(1,253	)		2,309,831
Purchased power		1,356,418			62,586			(23,801	)		1,395,203
Nuclear refueling outage expenses		105,016			136,293			-			241,310
Other operation and maintenance		1,836,507			922,283			(7,979	)		2,750,810
Decommissioning		99,683			99,380			-			199,063
Taxes other than income taxes		402,499			99,161			2,200			503,859
Depreciation and amortization		926,239			151,767			4,769			1,082,775
Other regulatory charges (credits) - net		(21,727	)		-			-			(21,727	)
Total		6,731,528			1,755,661			(26,064	)		8,461,124
Gain on sale of investment		-			-			-			-
OPERATING INCOME		1,323,825			955,417			5,283			2,284,526
OTHER INCOME (DEDUCTIONS)
Allowance for equity funds used during construction		59,545			-			-			59,545
Interest and investment income		180,505			196,492			(140,369	)		236,628
Other than temporary impairment losses		-			(86,069	)		-			(86,069	)
Miscellaneous - net		(4,082	)		(24,213	)		(12,101	)		(40,396	)
Total		235,968			86,210			(152,470	)		169,708
INTEREST EXPENSE
Interest expense		495,441			78,278			29,960			603,679
Allowance for borrowed funds used during construction		(33,235	)		-			-			(33,235	)
Total		462,206			78,278			29,960			570,444
INCOME BEFORE INCOME TAXES		1,097,587			963,349			(177,147	)		1,883,790
Income taxes		388,682			322,255			(78,198	)		632,740
CONSOLIDATED NET INCOME		708,905			641,094			(98,949	)		1,251,050
Preferred dividend requirements of subsidiaries		17,329			2,629			-			19,958
NET INCOME ATTRIBUTABLE TO ENTERGY CORPORATION	$	691,576		$	638,465		$	(98,949	)	$	1,231,092
EARNINGS PER AVERAGE COMMON SHARE:
BASIC	$	3.59		$	3.31			($0.51	)	$	6.39
DILUTED	$	3.53		$	3.26			($0.49	)	$	6.30
AVERAGE NUMBER OF COMMON SHARES OUTSTANDING:
BASIC											192,772,032
DILUTED											195,838,068

*Totals may not foot due to rounding.

73

Entergy Corporation

Consolidating Balance Sheet

December 31, 2009

(Dollars in thousands)

(Unaudited)

	Utility			Entergy Wholesale Commodities			Parent & Other			Consolidated
ASSETS
CURRENT ASSETS
Cash and cash equivalents:
Cash	$	81,255		$	3,706		$	900		$	85,861
Temporary cash investments		1,158,014			449,598			16,078			1,623,690
Total cash and cash equivalents		1,239,269			453,304			16,978			1,709,551
Securitization recovery trust account		13,098			-			-			13,098
Notes receivable		-			1,574,012			(1,574,012	)		-
Accounts receivable:
Customer		331,936			221,756			-			553,692
Allowance for doubtful accounts		(27,428	)		(203	)		-			(27,631	)
Associated companies		27,783			39,954			(67,737	)		-
Other		135,307			16,176			820			152,303
Accrued unbilled revenues		302,293			170			-			302,463
Total accounts receivable		769,891			277,853			(66,917	)		980,827
Deferred fuel costs		126,798			-			-			126,798
Accumulated deferred income taxes		-			-			-			-
Fuel inventory - at average cost		194,826			2,029			-			196,855
Materials and supplies - at average cost		526,543			299,159			-			825,702
Deferred nuclear refueling outage costs		106,428			118,862			-			225,290
System agreement cost equalization		70,000			-			-			70,000
Prepaid taxes		-			259,446			(74,627	)		184,819
Prepayments and other		68,406			112,378			20,437			201,221
TOTAL		3,115,259			3,097,043			(1,678,141	)		4,534,161
OTHER PROPERTY AND INVESTMENTS
Investment in affiliates - at equity		734,578			1,047,161			(1,742,159	)		39,580
Decommissioning trust funds		1,325,863			1,885,320			-			3,211,183
Non-utility property - at cost (less accumulated depreciation)		156,333			69,204			22,127			247,664
Other		77,418			12,855			30,000			120,273
TOTAL		2,294,192			3,014,540			(1,690,032	)		3,618,700
PROPERTY, PLANT, AND EQUIPMENT
Electric		32,426,732			3,909,264			7,776			36,343,772
Property under capital lease		783,096			-			-			783,096
Natural gas		313,817			439			-			314,256
Construction work in progress		1,134,194			414,170			(1,045	)		1,547,319
Nuclear fuel under capital lease		527,521			-			-			527,521
Nuclear fuel		219,317			520,510			-			739,827
TOTAL PROPERTY, PLANT AND EQUIPMENT		35,404,677			4,844,383			6,731			40,255,791
Less - accumulated depreciation and amortization		16,150,763			710,870			4,756			16,866,389
PROPERTY, PLANT AND EQUIPMENT - NET		19,253,914			4,133,513			1,975			23,389,402
DEFERRED DEBITS AND OTHER ASSETS
Regulatory assets:
Regulatory asset for income taxes - net		816,856			-			-			816,856
Other regulatory assets		3,647,154			-			-			3,647,154
Deferred fuel costs		172,202			-			-			172,202
Goodwill		374,099			3,073			-			377,172
Accumulated deferred income taxes		-			-			-			-
Other		231,156			886,622			(111,472	)		1,006,306
TOTAL		5,241,467			889,695			(111,472	)		6,019,690
					-
TOTAL ASSETS		$29,904,832			$11,134,791			$(3,477,670)			$37,561,953

*Totals may not foot due to rounding.

74

Entergy Corporation

Consolidating Balance Sheet

December 31, 2009

(Dollars in thousands)

(Unaudited)

	Utility			Entergy Wholesale Commodities		Parent & Other			Consolidated
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES
Currently maturing long-term debt	$	406,016		$	30,941	$	275,000		$	711,957
Notes payable and commercial paper:
Associated companies		207,161			380,540		(587,701	)		-
Other		30,031			-		-			30,031
Account payable:
Associated companies		6,920			24,160		(31,080	)		-
Other		758,886			245,764		(6,422	)		998,228
Customer deposits		323,092			250		-			323,342
Taxes accrued		12,742			-		(12,742	)		-
Accumulated deferred income taxes		41,125			-		7,459			48,584
Interest accrued		187,154			908		4,221			192,283
Deferred fuel costs		219,639			-		-			219,639
Obligations under capital leases		212,496			-		-			212,496
Pension and other postretirement liabilities		49,912			5,119		-			55,031
System agreement cost equalization		187,204			-		-			187,204
Other		48,643			164,029		2,530			215,202
TOTAL		2,691,021			851,711		(348,735	)		3,193,997
NON-CURRENT LIABILITIES
Accumulated deferred income taxes and taxes accrued		6,747,453			2,727,452		(1,812,107	)		7,662,798
Accumulated deferred investment tax credits		308,395			-		-			308,395
Obligations under capital leases		354,233			-		-			354,233
Other regulatory liabilities		378,862			-		-			378,862
Decommissioning and retirement cost liabilities		1,618,844			1,320,695		-			2,939,539
Accumulated provisions		127,634			9,090		4,591			141,315
Pension and other postretirement liabilities		1,771,351			469,688		-			2,241,039
Long-term debt		7,897,032			156,556		2,652,150			10,705,738
Other		750,024			748,945		(787,635	)		711,334
TOTAL		19,953,828			5,432,426		56,999			25,443,253
Subsidiaries’ preferred stock without sinking fund		186,510			86,590		(55,757	)		217,343
EQUITY
Common Shareholders’ Equity:
Common stock, $.01 par value, authorized 500,000,000 shares; issued 254,752,788 shares in 2009		2,161,268			398,987		(2,557,707	)		2,548
Paid-in capital		2,416,633			1,347,836		1,605,573			5,370,042
Retained earnings		2,651,629			2,975,069		2,416,424			8,043,122
Accumulated other comprehensive income (loss)		(130,057	)		54,872		-			(75,185	)
Less - treasury stock, at cost (65,634,580 shares in 2009)		120,000			12,700		4,594,467			4,727,167
Total common shareholders’ equity		6,979,473			4,764,064		(3,130,177	)		8,613,360
Subsidiaries' preferred stock without sinking fund		94,000			-		-			94,000
TOTAL		7,073,473			4,764,064		(3,130,177	)		8,707,360
TOTAL LIABILITIES AND EQUITY	$	29,904,832		$	11,134,791	$	(3,477,670	)	$	37,561,953

*Totals may not foot due to rounding.

75

ENTERGY CORPORATION AND SUBSIDIARIES

INVESTOR NEWS

Entergy’s quarterly earnings results, webcasts, presentations, and other news and information of investor interest may be obtained by visiting the investor information page on Entergy’s corporate website at entergy.com or calling Entergy's Investor Relations information line at 1-888-ENTERGY (368-3749).

INVESTOR RELATIONS

Security analysts, portfolio managers, and other members of the financial community may contact:

Paula Waters

Vice President, Investor Relations

Telephone: 504-576-4380

E–mail: pwater1@entergy.com

SHAREHOLDER ACCOUNT INFORMATION

BNY Mellon Shareowner Services is Entergy’s transfer agent, registrar, dividend disbursing agent, and dividend reinvestment and stock purchase plan agent. Shareholders of record with questions about lost certificates, lost or missing dividend checks or notifications of change of address should contact:

BNY Mellon Shareowner Services

480 Washington Boulevard

Jersey City, NJ 07310

Telephone: 1-800-333-4368

Internet address: https://m1.melloninvestor.com/mellonone/index.jsp

CORPORATE GOVERNANCE

Entergy’s Corporate Governance Guidelines, Board Committee Charters or the Corporate Governance, Audit, and Personnel Committees, and Entergy’s Code of Conduct may be accessed electronically by selecting the investor information page on Entergy’s corporate website at entergy.com.

ADDITIONAL INFORMATION

For copies of the above Corporate Governance documents, Entergy’s 10-K and 10-Q reports filed with the Securities and Exchange Commission, or for other investor information, call 1-888-ENTERGY or write to:

Entergy Corporation

Investor Relations

P.O. Box 61000

New Orleans, LA 70161

COMMON STOCK INFORMATION

The company’s common stock is listed on the New York and Chicago exchanges under the symbol “ETR” (CUSIP 29364G10). The Entergy share price is reported daily in the financial press under “Entergy” in most listings of New York Stock Exchange securities. Entergy common stock is a component of the following indices: S&P 500, S&P Utilities Index, Philadelphia Utility Index and the NYSE Composite Index, among others.

As of January 31, 2011, there were 179,037,924 shares of Entergy common stock outstanding. Shareholders of record totaled 36,598, and approximately 82,000 investors held Entergy stock in “street name” through a broker.

CERTIFICATIONS

In June 2010, Entergy’s Chief Executive Officer certified to the New YorkStock Exchange that he was not aware of any violation of the NYSE corporate governance listing standards. Also, Entergy filed certifications regarding the quality of the company’s public disclosure, required by Section 302 of the Sarbanes-Oxley Act of 2002, as exhibits to its Report on Form 10-K for the fiscal year ended December 31, 2010.

ENTERGY COMMON STOCK PRICES

The high and low trading prices for each quarterly period in 2010 and 2009 were as follows (in dollars):

	2010				2009
QUARTER	HIGH		LOW		HIGH		LOW
1		83.09		75.25		86.61		59.87
2		84.33		71.28		78.78		63.39
3		80.80		70.35		82.39		71.76
4		77.90		68.65		84.44		76.10

DIVIDEND PAYMENTS

The Board of Directors declares dividends quarterly and sets the record and payment dates. Subject to Board discretion, those dates for 2011 are:

DECLARATION DATE	RECORD DATE	PAYMENT DATE
January 28	February 10	March 1
April 6	May 12	June 1
July 29	August 11	September 1
October 28	November 10	December 1

Quarterly dividend payments (in cents-per-share):

QUARTER	2011		2010		2009		2008		2007
1		83		75		75		75		54
2		83		83		75		75		54
3				83		75		75		75
4				83		75		75		75

PREFERRED STOCK DIVIDEND PAYMENTS

The board of directors for each preferred stock issuer declares preferred

dividends quarterly and sets the record and payment dates. Subject to their discretion, those dates for 2011 and 2012 are:

OPERATING COMPANIES	RECORD DATE		PAYMENT DATE
Entergy Arkansas, Inc.		12/23/10		1/1/11
		3/21/11		4/1/11
		6/20/11		7/1/11
		9/20/11		10/1/11
		12/20/11		1/1/12
		3/20/12		4/1/12
		6/20/12		7/1/12
		9/20/12		10/1/12
Entergy Gulf States Louisiana, L.L.C.		2/28/11		3/15/11
		5/31/11		6/15/11
		8/31/11		9/15/11
		11/30/11		12/15/11
		2/29/12		3/15/12
		5/31/12		6/15/12
		8/31/12		9/15/12
		11/30/12		12/15/12
Entergy Louisiana, LLC		2/28/11		3/15/11
		5/31/11		6/15/11
		8/31/11		9/15/11
		11/30/11		12/15/11
		2/29/12		3/15/12
		5/31/12		6/15/12
		8/31/12		9/15/12
		11/30/12		12/15/12
Entergy Mississippi, Inc.		1/21/11		2/1/11
		4/22/11		5/1/11
		7/20/11		8/1/11
		10/20/11		11/1/11
		1/20/12		2/1/12
		4/20/12		5/1/12
		7/20/12		8/1/12
		10/22/12		11/1/12
Entergy New Orleans, Inc.		12/23/10		1/1/11
		3/21/11		4/1/11
		6/20/11		7/1/11
		9/20/11		10/1/11
		12/20/11		1/1/12
		3/20/12		4/1/12
		6/20/12		7/1/12
		9/20/12		10/1/12

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