EX-12.F 44 a10kex-12f2017.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,
 
2013
 
2014
 
2015
 
2016
 
2017
 
 
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
 
 
  Total Interest

$38,173

 

$58,384

 

$45,532

 

$37,529

 

$37,141

  Interest applicable to rentals
974

 
799

 
1,091

 
654

 
853

 
 
 
 
 
 
 
 
 
 
Total fixed charges, as defined

$39,147

 

$59,183

 

$46,623

 

$38,183

 

$37,994

 
 
 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
 
 
  Net Income

$113,664

 

$96,334

 

$111,318

 

$96,744

 

$78,596

  Add:
 
 
 
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
 
 
 
      Total
68,853

 
83,310

 
53,077

 
71,061

 
69,969

    Fixed charges as above
39,147

 
59,183

 
46,623

 
38,183

 
37,994

 
 
 
 
 
 
 
 
 
 
Total earnings, as defined

$221,664

 

$238,827

 

$211,018

 

$205,988

 

$186,559

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
5.66

 
4.04

 
4.53

 
5.39

 
4.91