EX-99 11 0011.txt
Exhibit 99(a) Entergy Arkansas, 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 June-00 Fixed charges, as defined: Total Interest Charges $115,337 $106,716 $104,165 $96,685 $97,023 $101,777 Interest applicable to rentals 18,158 19,121 17,529 15,511 17,289 15,625 ------------------------------------------------------ Total fixed charges, as defined 133,495 125,837 121,694 112,196 114,312 117,402 Preferred dividends, as defined (a) 27,636 24,731 16,073 16,763 17,836 18,412 ------------------------------------------------------ Combined fixed charges and preferred dividends, as defined $161,131 $150,568 $137,767 $128,959 $132,148 $135,814 ====================================================== Earnings as defined: Net Income $136,666 $157,798 $127,977 $110,951 $69,313 $103,665 Add: Provision for income taxes: Total 72,081 84,445 59,220 71,374 54,012 86,234 Fixed charges as above 133,495 125,837 121,694 112,196 114,312 117,402 ------------------------------------------------------ Total earnings, as defined $342,242 $368,080 $308,891 $294,521 $237,637 $307,301 ====================================================== Ratio of earnings to fixed charges, as defined 2.56 2.93 2.54 2.63 2.08 2.62 ====================================================== Ratio of earnings to combined fixed charges and preferred dividends, as defined 2.12 2.44 2.24 2.28 1.80 2.26 ====================================================== ------------------------ (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.