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Income Statements (ENTERGY GULF STATES LOUISIANA, L.L.C.) (Unaudited) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
OPERATING REVENUES        
Electric $ 2,212,038 $ 2,214,108 $ 4,077,936 $ 4,221,038
Natural gas 28,891 31,136 100,014 127,163
TOTAL 2,803,279 2,862,950 5,344,488 5,622,296
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 563,333 631,546 1,071,026 1,190,214
Purchased power 451,227 416,458 813,845 891,361
Nuclear refueling outage expenses 62,966 64,221 126,951 126,510
Other operation and maintenance 712,496 700,204 1,368,245 1,402,692
Decommissioning 55,497 52,467 110,762 104,043
Taxes other than income taxes 129,215 126,968 254,449 262,380
Depreciation and amortization 264,206 255,567 529,090 524,771
Other regulatory charges (credits) - net 5,601 (10,722) 491 17,370
TOTAL 2,244,541 2,236,709 4,274,859 4,519,341
OPERATING INCOME 558,738 626,241 1,069,629 1,102,955
OTHER INCOME        
Allowance for equity funds used during construction 20,753 17,630 38,042 30,926
Interest and investment income 35,921 34,955 62,668 83,164
Miscellaneous - net (16,962) (16,780) (26,360) (17,302)
TOTAL 39,712 35,805 74,350 96,788
INTEREST EXPENSE        
Interest expense 136,049 148,179 272,183 327,379
Allowance for borrowed funds used during construction (9,150) (10,323) (17,684) (18,325)
TOTAL 126,899 137,856 254,499 309,054
INCOME BEFORE INCOME TAXES 471,551 524,190 889,480 890,689
Income taxes 150,953 203,907 315,203 351,592
Net income 320,598 320,283 574,277 [1] 539,097 [1]
Preferred dividend requirements and other 5,015 5,017 10,031 10,033
EARNINGS APPLICABLE TO COMMON EQUITY 315,583 315,266 564,246 529,064
Entergy Gulf States Louisiana, L.L.C.
       
OPERATING REVENUES        
Electric 511,648 497,004 978,689 954,785
Natural gas 10,914 12,221 39,771 53,115
TOTAL 522,562 509,225 1,018,460 1,007,900
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 75,923 68,853 156,558 132,989
Purchased power 207,389 213,417 398,497 432,027
Nuclear refueling outage expenses 4,324 5,605 9,342 11,323
Other operation and maintenance 87,472 87,240 166,485 166,879
Decommissioning 3,522 3,325 6,993 6,604
Taxes other than income taxes 18,777 17,954 37,578 36,410
Depreciation and amortization 35,675 32,613 71,399 67,802
Other regulatory charges (credits) - net (380) (2,376) (1,322) (4,430)
TOTAL 432,702 426,631 845,530 849,604
OPERATING INCOME 89,860 82,594 172,930 158,296
OTHER INCOME        
Allowance for equity funds used during construction 2,163 1,525 3,903 2,811
Interest and investment income 10,473 8,780 19,831 19,378
Miscellaneous - net (1,712) (1,773) (3,873) (3,352)
TOTAL 10,924 8,532 19,861 18,837
INTEREST EXPENSE        
Interest expense 21,231 30,423 42,580 55,605
Allowance for borrowed funds used during construction (828) (982) (1,693) (1,799)
TOTAL 20,403 29,441 40,887 53,806
INCOME BEFORE INCOME TAXES 80,381 61,685 151,904 123,327
Income taxes 31,071 29,531 56,923 53,090
Net income 49,310 32,154 94,981 70,237
Preferred dividend requirements and other 206 208 412 414
EARNINGS APPLICABLE TO COMMON EQUITY $ 49,104 $ 31,946 $ 94,569 $ 69,823
[1] Consolidated net income and preferred dividend requirements of subsidiaries for both 2010 and 2011 include $6.6 million of preferred dividends on subsidiaries' preferred stock without sinking fund that is not presented as equity.