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Income Statements (ENTERGY NEW ORLEANS, INC.) (Unaudited) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
OPERATING REVENUES        
Electric $ 2,212,038 $ 2,214,108 $ 4,077,936 $ 4,221,038
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
Other operation and maintenance 712,496 700,204 1,368,245 1,402,692
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 - 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 STOCK 315,583 315,266 564,246 529,064
Entergy New Orleans
       
OPERATING REVENUES        
Electric 132,521 119,666 248,511 244,632
Natural gas 17,977 18,915 60,243 74,048
TOTAL 150,498 138,581 308,754 318,680
Operation and Maintenance:        
Fuel, fuel-related expenses, and gas purchased for resale 34,832 11,867 80,685 71,958
Purchased power 51,475 60,229 99,381 109,138
Other operation and maintenance 28,960 37,053 56,106 65,181
Taxes other than income taxes 10,131 10,125 21,152 22,071
Depreciation and amortization 8,906 8,816 17,898 17,525
Other regulatory charges - net 478 568 957 1,332
TOTAL 134,782 128,658 276,179 287,205
OPERATING INCOME 15,716 9,923 32,575 31,475
OTHER INCOME        
Allowance for equity funds used during construction 116 192 222 361
Interest and investment income 9 162 63 296
Miscellaneous - net (293) (287) (529) (471)
TOTAL (168) 67 (244) 186
INTEREST EXPENSE        
Interest expense 2,764 3,536 5,553 7,593
Allowance for borrowed funds used during construction (52) (92) (100) (174)
TOTAL 2,712 3,444 5,453 7,419
INCOME BEFORE INCOME TAXES 12,836 6,546 26,878 24,242
Income taxes 4,626 1,079 9,785 7,214
NET INCOME 8,210 5,467 17,093 17,028
Preferred dividend requirements and other 241 241 482 482
EARNINGS APPLICABLE TO COMMON STOCK $ 7,969 $ 5,226 $ 16,611 $ 16,546
[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.