EX-12.A 3 exhibit12aq217.htm EXHIBIT 12.A Exhibit


Exhibit 12(a)
 
 
 
 
 
 
 
 
 
Entergy Arkansas, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
Twelve Months Ended
 
Six Months Ended
 
December 31,
 
June 30,
 
2012
2013
2014
2015
2016
 
2017
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
  Total Interest Charges

$82,860


$91,318


$93,921


$105,622


$115,311

 
55,766

  Interest applicable to rentals
5,768

5,350

4,539

5,109

3,210

 
1,534

 
 
 
 
 
 
 
 
Total fixed charges, as defined
88,628

96,668

98,460

110,731

118,521

 
57,300

 
 
 
 
 
 
 
 
Preferred dividends, as defined (a)
11,310

11,310

11,310

11,310

8,672

 
1,175

 
 
 
 
 
 
 
 
Combined fixed charges and preferred dividends, as defined

$99,938


$107,978


$109,770


$122,041


$127,193

 

$58,475

 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
  Net Income

$152,365


$161,948


$121,392


$74,272


$167,212

 
52,854

  Add:
 
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
 
       Total
94,806

91,787

83,629

40,541

107,773

 
35,480

    Fixed charges as above
88,628

96,668

98,460

110,731

118,521

 
57,300

 
 
 
 
 
 
 
 
Total earnings, as defined

$335,799


$350,403


$303,481


$225,544


$393,506

 

$145,634

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
3.79

3.62

3.08

2.04

3.32

 
2.54

 
 
 
 
 
 
 
 
Ratio of earnings to combined fixed charges and preferred dividends, as defined
3.36

3.25

2.76

1.85

3.09

 
2.49

 
 
 
 
 
 
 
 
_________________
 
 
 
 
 
 
 
(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.