EX-12.(E) 6 exhibit12eq117.htm EXHIBIT 12.(E) Exhibit


Exhibit 12(e)
 
 
 
 
 
 
 
 
 
Entergy Texas, Inc. and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
Twelve Months Ended
 
Three Months Ended
 
December 31,
 
March 31,
 
2012
2013
2014
2015
2016
 
2017
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
  Total Interest charges

$96,035


$92,156


$88,049


$86,024


$87,776

 

$21,808

  Interest applicable to rentals
2,750

1,918

1,782

1,794

1,145

 
329

 
 
 
 
 
 
 
 
Total fixed charges, as defined

$98,785


$94,074


$89,831


$87,818


$88,921

 

$22,137

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
  Net Income

$41,971


$57,881


$74,804


$69,625


$107,538

 

$10,854

  Add:
 
 
 
 
 
 
 
    Income Taxes
33,118

30,108

49,644

37,250

63,097

 
8,241

    Fixed charges as above
98,785

94,074

89,831

87,818

88,921

 
22,137

 
 
 
 
 
 
 
 
Total earnings, as defined

$173,874


$182,063


$214,279


$194,693


$259,556

 

$41,232

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
1.76

1.94

2.39

2.22

2.92

 
1.86