EX-12.(D) 6 exhibit12dq218.htm EXHIBIT 12.(D) Exhibit


Exhibit 12(d)
 
 
 
 
 
 
 
 
 
Entergy New Orleans, 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,
 
2013
2014
2015
2016
2017
 
2018
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
  Total interest

$16,892


$16,820


$17,312


$21,061


$21,281

 

$10,548

  Interest applicable to rentals
635

620

676

422

955

 
475

 
 
 
 
 
 
 
 
Total fixed charges, as defined
17,527

17,440

17,988

21,483

22,236

 
11,023

 
 
 
 
 
 
 
 
Preferred dividends, as defined (a)
1,569

1,569

1,569

1,569

1,367

 

 
 
 
 
 
 
 
 
Combined fixed charges and preferred dividends, as defined

$19,096


$19,009


$19,557


$23,052


$23,603

 

$11,023

 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Net income

$12,608


$31,030


$44,925


$48,849


$44,553

 

$29,151

  Add:
 
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
 
     Total
2,277

13,450

25,190

28,705

33,278

 
7,504

    Fixed charges as above
17,527

17,440

17,988

21,483

22,236

 
11,023

 
 
 
 
 
 
 
 
Total earnings, as defined

$32,412


$61,920


$88,103


$99,037


$100,067

 

$47,678

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
1.85

3.55

4.90

4.61

4.50

 
4.33

 
 
 
 
 
 
 
 
 Ratio of earnings to combined fixed charges and preferred dividends, as defined
1.70

3.26

4.50

4.30

4.24

 
4.33

 
 
 
 
 
 
 
 
_________________
 
 
 
 
 
 
 
(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.