EX-12.F 14 exhibit12fq315.htm EXHIBIT 12.F Exhibit


Exhibit 12(f)
 
 
 
 
 
 
 
 
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
Twelve Months Ended
 
December 31,
September 30,
 
2010
2011
2012
2013
2014
2015
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest
$
51,912

$
48,117

$
45,214

$
38,173

$
58,384

$
51,046

  Interest applicable to rentals
634

684

655

974

799

960

 
 
 
 
 
 
 
Total fixed charges, as defined
$
52,546

$
48,801

$
45,869

$
39,147

$
59,183

$
52,006

 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
82,624

$
64,197

$
111,866

$
113,664

$
96,334

$
91,670

  Add:
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
      Total
56,049

74,953

77,115

68,853

83,310

74,931

    Fixed charges as above
52,546

48,801

45,869

39,147

59,183

52,006

 
 
 
 
 
 
 
Total earnings, as defined
$
191,219

$
187,951

$
234,850

$
221,664

$
238,827

$
218,607

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
3.64

3.85

5.12

5.66

4.04

4.20