Income Statements (SYSTEM ENERGY RESOURCES, INC.) (Unaudited) (USD $) In Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011		Sep. 30, 2010
OPERATING REVENUES
Electric	$ 2,733,601	$ 2,638,752	$ 6,811,538		$ 6,859,791
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	849,982	748,863	1,921,007		1,939,077
Nuclear refueling outage expenses	64,566	64,885	191,517		191,395
Other operation and maintenance	708,821	808,688	2,077,066		2,211,382
Decommissioning	56,467	53,380	167,229		157,423
Taxes other than income taxes	152,044	138,217	406,493		400,597
Depreciation and amortization	283,581	264,621	812,672		789,392
Other regulatory credits - net	203,848	(1,814)	204,338		15,555
TOTAL	2,794,644	2,561,534	7,069,502		7,080,876
OPERATING INCOME	600,909	770,642	1,670,539		1,873,597
OTHER INCOME
Allowance for equity funds used during construction	21,516	15,064	59,558		45,990
Interest and investment income	33,238	38,705	95,906		121,869
Miscellaneous - net	(14,137)	(14,748)	(40,498)		(32,050)
TOTAL	40,617	39,021	114,966		135,809
INTEREST EXPENSE
Interest expense	137,301	136,075	409,484		463,454
Allowance for borrowed funds used during construction	(9,713)	(8,949)	(27,397)		(27,274)
TOTAL	127,588	127,126	382,087		436,180
INCOME BEFORE INCOME TAXES	513,938	682,537	1,403,418		1,573,226
Income taxes	(119,131)	184,636	196,072		536,227
CONSOLIDATED NET INCOME	633,069	497,901	1,207,346	[1]	1,036,999	[1]
System Energy
OPERATING REVENUES
Electric	152,431	151,781	409,946		404,783
Operation and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale	19,698	21,387	58,873		49,012
Nuclear refueling outage expenses	4,115	4,069	12,204		13,287
Other operation and maintenance	36,493	31,941	100,336		92,231
Decommissioning	7,752	7,912	23,568		23,318
Taxes other than income taxes	5,312	5,600	16,525		17,689
Depreciation and amortization	42,362	41,027	96,608		94,328
Other regulatory credits - net	(1,821)	(2,188)	(7,071)		(7,803)
TOTAL	113,911	109,748	301,043		282,062
OPERATING INCOME	38,520	42,033	108,903		122,721
OTHER INCOME
Allowance for equity funds used during construction	5,912	2,630	15,433		6,862
Interest and investment income	3,054	4,003	8,103		10,625
Miscellaneous - net	(253)	(104)	(502)		(333)
TOTAL	8,713	6,529	23,034		17,154
INTEREST EXPENSE
Interest expense	14,548	14,457	33,673		37,177
Allowance for borrowed funds used during construction	(1,800)	(910)	(4,716)		(2,375)
TOTAL	12,748	13,547	28,957		34,802
INCOME BEFORE INCOME TAXES	34,485	35,015	102,980		105,073
Income taxes	20,222	12,716	47,395		41,719
CONSOLIDATED NET INCOME	$ 14,263	$ 22,299	$ 55,585		$ 63,354

[1] Consolidated net income and preferred dividend requirements of subsidiaries for both 2010 and 2011 include $10.1 million of preferred dividends on subsidiaries' preferred stock without sinking fund that is not presented as equity.