EX-12.G 8 exhibit12g.htm EXHIBIT Exhibit 12(g)


Exhibit 12(g)
 
 
 
 
 
 
 
 
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2009
2010
2011
2012
2013
2014
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest
$
47,570

$
51,912

$
48,117

$
45,214

$
38,173

$
43,216

  Interest applicable to rentals
5,885

634

684

655

974

935

 
 
 
 
 
 
 
Total fixed charges, as defined
$
53,455

$
52,546

$
48,801

$
45,869

$
39,147

$
44,151

 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
48,908

$
82,624

$
64,197

$
111,866

$
113,664

$
110,277

  Add:
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
      Total
96,901

56,049

74,953

77,115

68,853

68,711

    Fixed charges as above
53,455

52,546

48,801

45,869

39,147

44,151

 
 
 
 
 
 
 
Total earnings, as defined
$
199,264

$
191,219

$
187,951

$
234,850

$
221,664

$
223,139

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
3.73

3.64

3.85

5.12

5.66

5.05