EX-12 8 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
             
  Twelve Months Ended
  December 31, September 30,
  2002 2003 2004 2005 2006 2007
             
Fixed charges, as defined:            
  Total Interest $27,950  $17,786 $16,610 $13,555 $19,329 $32,898
  Interest applicable to rentals 1,043  910 644 426 527 379
             
Total fixed charges, as defined 28,993  18,696 17,254 13,981 19,856 33,277
             
Preferred dividends, as defined (a) 2,736  1,686 1,545 1,172 2,501 3,617
             
Combined fixed charges and preferred dividends, as defined $31,729  $20,382 $18,799 $15,153 $22,357 $36,894
             
Earnings as defined:            
             
Net Income ($230) $7,859 $28,072 $1,250 $5,344 6,344
  Add:            
    Provision for income taxes:            
      Total (422) 5,875 16,868 1,790 5,051 4,818
    Fixed charges as above 28,993  18,696 17,254 13,981 19,856 33,277
             
Total earnings, as defined $28,341  $32,430 $62,194 $17,021 $30,251 $44,439
             
Ratio of earnings to fixed charges, as defined 0.98  1.73 3.60 1.22 1.52 1.34
             
Ratio of earnings to combined fixed charges and            
preferred dividends, as defined 0.89  1.59 3.31 1.12 1.35 1.20
             
             
------------------------            
(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.