EX-12.(E) 18 a10kex-12e2015.htm EXHIBIT 12.(E) Exhibit


 
 
 
Exhibit 12(e)
 
 
 
 
 
 
 
Entergy Texas, Inc. and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
Twelve Months Ended
 
December 31,
 
2011
2012
2013
2014
2015
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
  Total Interest charges
$
93,554

$
96,035

$
92,156

$
88,049

$
86,024

  Interest applicable to rentals
3,497

2,750

1,918

1,782

1,794

 
 
 
 
 
 
Total fixed charges, as defined
$
97,051

$
98,785

$
94,074

$
89,831

$
87,818

 
 
 
 
 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
  Net Income
$
80,845

$
41,971

$
57,881

$
74,804

$
69,625

  Add:
 
 
 
 
 
    Income Taxes
49,492

33,118

30,108

49,644

37,250

    Fixed charges as above
97,051

98,785

94,074

89,831

87,818

 
 
 
 
 
 
Total earnings, as defined
$
227,388

$
173,874

$
182,063

$
214,279

$
194,693

 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
2.34

1.76

1.94

2.39

2.22