EX-12.B 5 exhibit12bq2.htm EXHIBIT Exhibit 12(b) Q2


Exhibit 12(b)
 
 
 
 
 
 
 
 
Entergy Gulf States Louisiana, L.L.C.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2009
2010
2011
2012
2013
2014
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest charges
$
118,243

$
101,318

$
84,356

$
83,251

$
81,118

$
81,215

  Interest applicable to rentals
3,767

2,204

2,309

2,074

1,902

1,866

 
 
 
 
 
 
 
Total fixed charges, as defined
122,010

103,522

86,665

85,325

83,020

83,081

 
 
 
 
 
 
 
Preferred dividends, as defined (a)
1,306

1,006

1,341

1,341

1,341

1,346

 
 
 
 
 
 
 
Combined fixed charges and preferred dividends, as defined
$
123,316

$
104,528

$
88,006

$
86,666

$
84,361

$
84,427

 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
153,281

$
174,319

$
201,604

$
158,977

$
161,662

$
187,420

  Add:
 
 
 
 
 
 
    Income Taxes
88,951

92,297

89,736

52,616

56,819

70,758

    Fixed charges as above
122,010

103,522

86,665

85,325

83,020

83,081

 
 
 
 
 
 
 
Total earnings, as defined
$
364,242

$
370,138

$
378,005

$
296,918

$
301,501

$
341,259

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
2.99

3.58

4.36

3.48

3.63

4.11

 
 
 
 
 
 
 
Ratio of earnings to combined fixed charges and
 
 
 
 
 
 
 preferred dividends, as defined
2.95

3.54

4.30

3.43

3.57

4.04

 
 
 
 
 
 
 
_______________________
 
 
 
 
 
 
(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.