EX-12.01 19 a059131201.htm a059131201.htm
Exhibit 12.01
                           
Entergy Corporation and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges
                           
                           
 
For the Six Months Ended
 
For the Twelve Months Ended
 
June 30,
 
December 31,
 
2013
 
2012
 
2012
 
2011
 
2010
 
2009
 
2008
                           
Fixed charges, as defined:
                         
  Interest on long-term debt
      284,900
 
      270,603 
 
      550,425
 
$520,257
 
$558,475
 
$520,716 
  
$500,898 
  Other interest
24,018
 
25,758 
 
56,171
 
31,264
 
51,663
 
82,963 
 
133,290 
  Capitalized interest
          8,022
 
          8,965 
 
        17,417
 
        14,528
 
        18,066
 
        13,153 
 
        10,433 
  Total Interest Charges
$316,940
 
$305,326 
 
$624,013
 
$566,049
 
$628,204
 
$616,832 
 
$644,621 
  Interest applicable to rentals
11,524
 
12,939 
 
24,115
 
26,684
 
28,664
 
43,000 
 
35,673 
  Dividends on preferred stock of consolidated subsidiaries
16,177
 
17,171 
 
35,379
 
34,262
 
32,663
 
34,975 
 
42,507 
 
                         
Total fixed charges, as defined
$344,641
 
$335,436 
 
$683,507
 
$626,995
 
$689,531
 
$694,807 
 
$722,801 
 
                         
Earnings, as defined:
                         
 
                         
  Income From Continuing Operations
$325,123
 
$213,318 
 
$846,673
 
$1,346,439
 
$1,250,242
 
$1,231,092 
 
$1,220,566 
  Add:
                         
    Provision for income taxes
189,648
 
(122,363)
 
30,855
 
286,263
 
617,239
 
632,740 
 
602,998 
    Fixed charges as above, less dividends on preferred stock of consolidated subsidiaries
                       
       and capitalized interest
320,442
 
309,300 
 
630,711
 
578,205
 
638,802
 
646,679 
 
669,861 
  Less:
                         
    Equity in earnings (loss) of unconsolidated equity affiliates
                  -
 
                  - 
 
                  -
 
                  -
 
                  -
 
(7,793)
 
(11,684)
 
                         
Total earnings, as defined
$835,213
 
$400,255 
 
$1,508,239
 
$2,210,907
 
$2,506,283
 
$2,518,304 
 
$2,505,109 
                           
Ratio of earnings to fixed charges, as defined
2.42
 
1.19 
 
2.21
 
3.53
 
3.63
 
3.62 
 
3.47