EX-12.F 15 exhibit12fq316.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,
 
2011
2012
2013
2014
2015
2016
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest
$
48,117

$
45,214

$
38,173

$
58,384

$
45,532

$
37,887

  Interest applicable to rentals
684

655

974

799

1,091

407

 
 
 
 
 
 
 
Total fixed charges, as defined
$
48,801

$
45,869

$
39,147

$
59,183

$
46,623

$
38,294

 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
64,197

$
111,866

$
113,664

$
96,334

$
111,318

$
112,120

  Add:
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
      Total
74,953

77,115

68,853

83,310

53,077

56,650

    Fixed charges as above
48,801

45,869

39,147

59,183

46,623

38,294

 
 
 
 
 
 
 
Total earnings, as defined
$
187,951

$
234,850

$
221,664

$
238,827

$
211,018

$
207,064

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
3.85

5.12

5.66

4.04

4.53

5.41