EX-99 11 0011.txt
Exhibit 99(c) Entergy Louisiana, Inc. Computation of Ratios of Earnings to Fixed Charges and Ratios of Earnings to Combined Fixed Charges and Preferred Dividends 12 months 1995 1996 1997 1998 1999 September-00 Fixed charges, as defined: Total Interest $136,901 $132,412 $128,900 $122,890 $117,247 $113,472 Interest applicable to rentals 9,332 10,601 9,203 9,564 9,221 7,581 -------------------------------------------------------- Total fixed charges, as defined 146,233 143,013 138,103 132,454 126,468 121,053 Preferred dividends, as defined (a) 32,847 28,234 22,103 20,925 16,006 15,596 -------------------------------------------------------- Combined fixed charges and preferred dividends, as defined $179,080 $171,247 $160,206 $153,379 $142,474 $136,649 ======================================================== Earnings as defined: Net Income $201,537 $190,762 $141,757 $179,487 $191,770 $140,277 Add: Provision for income taxes: Total Taxes 117,114 118,559 98,965 109,104 122,368 89,934 Fixed charges as above 146,233 143,013 138,103 132,454 126,468 121,053 -------------------------------------------------------- Total earnings, as defined $464,884 $452,334 $378,825 $421,045 $440,606 $351,264 ======================================================== Ratio of earnings to fixed charges, as defined 3.18 3.16 2.74 3.18 3.48 2.90 ======================================================== Ratio of earnings to combined fixed charges and preferred dividends, as defined 2.60 2.64 2.36 2.75 3.09 2.57 ======================================================== ------------------------ (a) "Preferred dividends," as defined by SEC regulation S-K, are computed by dividing the preferred dividend requirement by one hundred percent (100%) minus the income tax rate.