EX-12.E 10 exhibit12eq3.htm EXHIBIT Exhibit 12(e) Q3


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
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2009
2010
2011
2012
2013
2014
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest
$
16,965

$
13,170

$
11,114

$
11,344

$
13,675

$
13,291

  Interest applicable to rentals
593

751

743

670

564

561

 
 
 
 
 
 
 
Total fixed charges, as defined
17,558

13,921

11,857

12,014

14,239

13,852

 
 
 
 
 
 
 
Preferred dividends, as defined (a)
1,454

1,177

1,569

1,569

1,569

1,569

 
 
 
 
 
 
 
Combined fixed charges and preferred dividends, as defined
$
19,012

$
15,098

$
13,426

$
13,583

$
15,808

$
15,421

 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
 
 
 
 
 
 
  Net Income
$
30,479

$
31,114

$
35,976

$
17,065

$
11,683

$
30,293

  Add:
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
     Total
15,346

16,601

15,862

7,240

1,619

12,772

    Fixed charges as above
17,558

13,921

11,857

12,014

14,239

13,852

 
 
 
 
 
 
 
Total earnings, as defined
$
63,383

$
61,636

$
63,695

$
36,319

$
27,541

$
56,917

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined (b)
3.61

4.43

5.37

3.02

1.93

4.11

 
 
 
 
 
 
 
Ratio of earnings to combined fixed charges and
 
 
 
 
 
 
 preferred dividends, as defined
3.33

4.08

4.74

2.67

1.74

3.69

 
 
 
 
 
 
 
 
 
 
 
 
 
 
_________________
 
 
 
 
 
 
(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.