EX-12 26 a12e.htm
         Exhibit 12(e)
           
Entergy New Orleans, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
           
   
   
  2000 2001 2002 2003 2004
           
Fixed charges, as defined:          
  Total Interest $15,891 $19,661 $27,950 $17,786 $16,610
  Interest applicable to rentals 1,008 977 1,043 910 644
           
Total fixed charges, as defined 16,899 20,638 28,993 18,696 17,254
           
Preferred dividends, as defined (a) 1,643 2,898 2,736 1,686 1,545
           
Combined fixed charges and preferred dividends, as defined $18,542 $23,536 $31,729 $20,382 $18,799
           
Earnings as defined:          
           
Net Income $16,518 ($2,195) ($230) $7,859 $28,072
Add:          
  Provision for income taxes:          
  Total 11,597 (4,396) (422) 5,875 16,868
  Fixed charges as above 16,899 20,638 28,993 18,696 17,254
           
Total earnings, as defined $45,014 $14,047 $28,341 $32,430 $62,194
           
Ratio of earnings to fixed charges, as defined 2.66 0.68 0.98 1.73 3.60
           
Ratio of earnings to combined fixed charges and          
 preferred dividends, as defined 2.43 0.60 0.89 1.59 3.31
           
           
------------------------          
(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. 
 
           
(b) For Entergy New Orleans, earnings for the twelve months ended December 31, 2001 were
     not adequate to cover fixed charges and combined fixed charges and preferred dividends by
     $6.6 million and $9.5 million, respectively.
 
           
(c) For Entergy New Orleans, earnings for the twelve months ended December 31, 2002 were
     not adequate to cover combined fixed charges and preferred dividends by $0.7 million and
     $3.4 million, respectively.